Blog & Articles

✅ Quick Answer: North Carolina’s individual income tax rate is 4.25% for 2025. It’s set to drop again to 3.99% in 2026. This reduction benefits high earners, retirees, and business owners with proactive tax planning.

With more people than ever working from home or across state lines, North Carolina taxpayers are asking one big question: “Do I still have to pay NC income tax if I work remotely?” Whether you

Getting a letter from the IRS saying you owe money can be terrifying—especially if you live in North Carolina and don’t have the cash on hand. But before you panic, know this: You have options.

Whether you’re in Charlotte, Asheville, or anywhere in between, most North Carolina residents overpay on taxes each year—simply because they don’t know what deductions they’re entitled to. At Polaris Tax & Accounting, we work with

If you own a Limited Liability Company (LLC) in North Carolina, filing your Annual Report isn’t optional—it’s a legal requirement that keeps your business in good standing with the state. Miss the deadline, and you

In the wake of Hurricane Helene, thousands of North Carolina residents and businesses are dealing with storm damage, disrupted income, and financial uncertainty. The IRS and the North Carolina Department of Revenue (NCDOR) have responded

If you live or run a business in North Carolina, your state tax bill just went down. Again. As of January 1, 2025, North Carolina’s individual income tax rate officially dropped from 4.5% to 4.25%—part

If you’re still waiting on your North Carolina state tax refund, you’re not alone. In 2025, thousands of taxpayers across the state—from Asheville to Charlotte to Lake Norman— have reported significant delays. While refund holdups

If you're a business owner or individual in Huntersville, Lake Norman, or Charlotte, you've likely encountered the dilemma of choosing between a Certified Public Accountant (CPA) and an Enrolled Agent (EA) for your tax and

When forming an LLC or corporation in North Carolina, you’re required to designate a Registered Agent—but most business owners don’t fully understand what this role means. And when it’s handled poorly, it can lead to

Electing to be taxed as an S Corporation can be one of the most powerful strategies for business owners in North Carolina to reduce self-employment tax. But like most things with the IRS, timing and

Living and working in Asheville comes with a lot of perks: beautiful views, a strong creative economy, and a thriving small business scene. But when it comes to taxes, too many Asheville residents wait until

If you're reading this, you’ve probably received a notice from the IRS—and your heart rate went up. You're not alone. Every year, thousands of North Carolina taxpayers receive IRS letters about missing income, underpayments, or

When North Carolina taxpayers start looking for help with tax filings, IRS letters, or business guidance, the first thing many ask is:“Should I hire a CPA?” But here’s what most people don’t realize:The title of

At Polaris Tax & Accounting, based in Plantation, Florida, we recently helped a business owner clean up a serious mess left behind by a previous local accountant. The client came to us in 2024 after