Accounting & Tax Resources


Welcome to the Carolina BTS Resource Library.  We think you’ll find it helpful.  Find handy links and articles from the industry that are relevant.  And, of course, our own blog.  We just launched it, so while the current content is a little thin … stay tuned for frequent updates regarding accounting and tax topic for small and mid-size business.

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Carolina BTS Blog

New Business Start-ups

New Business Start Ups According to the US Census in 2018, small businesses have employed 1.9 million people and account for 47.5% of the entire American Workforce. These statistics encourage many of our clients to contemplate new business start ups. The untold part of that story is that 20% of start ups fail in the first year and almost 60% fail by the fifth year. According to Forbes magazine the following three issues [...]

Taxpayer Advocates Report to Congress

Taxpayer Advocates Report to Congress The Internal Revenue Code (IRC) is a behemoth document containing nearly four million words, further complicated by the most sweeping tax reform since 1986, the Tax Cuts and Job Act (TCJA), passed in December 2017. Learn about Taxpayers Rights regarding answers to questions (both simple and complicated) surrounding these tax changes.  Read full report in our resource center. [...]

IRS Letter – Notice of Deficiency

IRS Letters - Notice of Deficiency If you have unpaid taxes, the letters from the IRS come in abundance and from many different IRS offices.  The letters typically provide the amount of taxes owed and provide the type of tax such as 941 and period covered.  After reading the first ten or twenty you start to just put them in the pile with all of the others. Warning>>>>>> Read them all [...]

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Whether you are in the start-up phase, ready to sell your business, need comprehensive accounting services, or just received a letter from the IRS … we’d like to see if we can help.

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