QuickBooks Desktop is being phased out, with support ending for Desktop 2023 on May 31, 2026, and the final Desktop 2024 version supported through September 30, 2027. Sunset Timeline and Key Dates: • September 2024: Intuit stopped selling new subscriptions for QuickBooks Desktop Pro Plus, Premier Plus, Mac Plus, and Enhanced Payroll, though existing subscribers could continue renewing • May 31, 2026: Support for QuickBooks Desktop 2023 ends. After this date, payroll tax tabl

July 4, 2026 marked the 250th anniversary of the official adoption of the Declaration of Independence for the United States. Celebrations took place all over America and around the world to commemorate the occasion. Fireworks displays and cookouts ruled the land. Amidst the celebration, however, I could not fail to consider so many who live in the United States and enjoy all the unbelievable privileges offered here and yet are not truly free. There are so many things that can

Trump Accounts officially opened for contributions on July 4, 2026. Children born between January 1, 2025, and December 31, 2028, are eligible for a one-time $1,000 contribution into their Trump Accounts, regardless of family income. A parent or guardian must claim it by filing IRS Form 4547. The deadline runs through December 31 of the year that the child turns 17. Other ways to fund: Anyone can contribute up to $5,000 per year to these accounts. Employers can also contribut

A part of the One Big Beautiful Bill Act allows for Qualified Production Property (QPP) to be 100% written off in the year the property is placed in service rather than having to spread the cost out over the traditional 39 years used for nonresidential real property. This creates a significant opportunity for manufacturers, agricultural producers, and chemical processors. Recently released guidelines outline which facilities and improvements qualify. QPP is a new class of non

Please join us in welcoming Eva Glasgow to our office family. Eva lives in Nashville with her husband, Tim. She is the mom to a son & daughter, and is blessed to have one grandbabe. Eva has her Associates in Accounting from Nash Community College & has 27 years in many areas of the banking industry. She attends Grace Reformed Baptist church. When she has spare time, she enjoys reading, being outside doing yardwork, kayaking, hiking, and motorcycle rides on backroads. Eva

We are grateful to God for His provision and excited to welcome a new team member to our staff. Rae Anne is an almost native to North Carolina with deep roots stemming from wild wonderful West Virginia. Who knew this well-traveled "army brat" would one day love calling North Carolina home! It was at Barton College that Rae Anne truly fell in love with this great state so much so that nestled between Rocky Mount and Tarboro is where she chose to raise her family and ran a

We often say “God works in mysterious ways.” While this phrase is not specifically biblical, Isaiah captured the heart of it in Isaiah 55:8-9. “ For my thoughts are not your thoughts, neither are your ways my ways,” declares the Lord. “ As the heavens are higher than the earth, so are my ways higher than your ways and my thoughts than your thoughts.” We have seen this truth repeatedly in our Firm, but most poignantly when it comes to hiring staff. We could probably wri

The IRS continues to take steps towards transforming the taxpayer experience in several ways. All taxpayers are encouraged to create an IRS Individual Online Account . While this is not a new tool, users are able to access their tax account information securely online and to help protect against identity theft and fraud. Anyone who can verify their identity may create an account. Once established, it’s important that the taxpayer be the only one to log into their account. L