Blog & Articles

Tax season is around the corner, and understanding North Carolina's tax changes for 2024 can help residents and businesses in Charlotte prepare effectively. From reduced income tax rates to updates in deductions and credits, staying

Charlotte, NC, is one of the fastest-growing cities for small businesses, offering countless opportunities for entrepreneurs. However, navigating tax laws can be challenging, especially with ever-changing federal and state regulations. To help Charlotte business owners

An IRS audit can feel intimidating, but with the right preparation and support, you can navigate the process successfully. Whether you’re an individual or a small business owner in Plantation, here’s what you need to

High-income earners in Plantation face unique tax challenges. With higher incomes come higher tax liabilities, but strategic planning can help minimize the burden. Here are the top five tax planning strategies for Plantation’s professionals and

Freelancers and contractors have unique tax obligations. Polaris Tax & Accounting provides expert support to ensure independent workers file accurately and maximize deductions. Here’s a guide to filing taxes as a freelancer. Tax Tips for

Knowing the difference between tax credits and deductions can help you maximize your savings. Polaris Tax & Accounting breaks down these tax-saving tools, helping you understand how each can reduce your tax bill. Tax Credits

DIY tax filing can work for some, but there are times when hiring a tax professional is the better choice. Polaris Tax & Accounting is here to help you decide when it’s time to get

Family-owned businesses face unique tax situations, from payroll considerations to shared expenses. Polaris Tax & Accounting specializes in navigating these complexities, making tax season easier for families in business together. Here are some tax tips

Tax laws change frequently, and recent adjustments may affect your tax return this year. Polaris Tax & Accounting stays on top of these updates, so you don’t have to worry about surprises. Here are a

One of the biggest tax season stressors is organizing and gathering documents. At Polaris, we simplify this process through our advanced TaxDome system, which tailors an organizer to your unique filing needs. Here’s a guide

Tax season can be overwhelming, especially for those filing independently. While DIY tax filing is possible, it’s easy to make costly mistakes that can lead to penalties, missed deductions, or delays in processing. At Polaris

Tax season can be an opportunity for small business owners to uncover valuable savings. Knowing which deductions to claim can make a significant difference in your tax bill, freeing up resources to reinvest in your

As the year comes to a close, it’s the perfect time to start thinking about your tax strategies for 2024. From recent tax law changes to the most effective deductions and answers to common tax

Polaris Tax & Accounting Newsletter - August 2024 Maximize Deductions on Long-Term Care Insurance Premiums Long-term care costs can be a significant burden, and traditional Medicare or Medicaid often fall short in providing comprehensive coverage.

Polaris Tax & Accounting Newsletter - July 2024 Maximize Your 2021 Self-Employed COVID-19 Sick and Family Leave Credits Today Were you self-employed during 2021? You might qualify for COVID-19 sick and family leave credits worth