Helpful Tips

Category

27
Feb

IRS Updates From H&R Block

February 27, 2021

Issue Number:    IR-2021-24 Inside This Issue   IRS offers guidance to taxpayers on identity theft involving unemployment benefits The Internal Revenue Service today urged taxpayers who receive Forms 1099-G for unemployment benefits they did not actually get because of identity theft to contact their appropriate state agency for a corrected form. States issue Forms 1099-G to […]

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26
Feb

Frozen pipes

February 26, 2021

Pipes within your building or home can freeze if the temperature drops too low. There is nothing more frustrating than turning the tap and hearing that tell-tale groan that signifies frozen pipes. With the cost of repairs for broken pipes following a freeze exceeding $5,000, keeping your pipes well-insulated is a must. Pipe insulation is […]

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16
Feb

By Clark Twiddy President, Twiddy & Company In a time when many of us are thankful to simply get through the business day, the art and science of well-executed decision-making patterns, in many cases, take a back seat to the simple busyness of the day. While the never-ending temptation to respond immediately to any stimulus […]

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21
Jan
05
Jan

Winter Fire Safety

January 5, 2021

Its the time of year again where the warmth from fire places and wood/oil heaters feels good. But after months of sitting unused the chimney may could use an inspection to be sure its in good condition and free from any animal nesting materials that could lead to an unwanted chimney fire. Old buildup of […]

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Living on the Outer Banks for many means stepping outside the box and forging their own path, and the same is true for our homes. Why be boring when you can be colorful and bold? Why have an average run of the mill home interiors when you have so much inspiration right outside your door. […]

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28
Dec

What is a Trust Anyway?

December 28, 2020

When people are discussing their estate plans, many arrive with a preconceived notion that they need a “trust.” In some circumstances the reasoning behind this is simply because a trusted friend or advisor has said so. In some cases, the individual believes that a trust will protect their assets (the threat from which requires protecting […]

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The home office deduction allows qualifying taxpayers to deduct certain home expenses on their tax return. With more people working from home than ever before, some taxpayers may be wondering if they can claim a home office deduction when they file their 2020 tax return next year. Here are some things to help taxpayers understand the home office deduction and whether they can […]

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21
Jul

Courtesy Voodoo: It’s a great question. How much should you pay for a website for your business? What is it worth to you? I guess it’s all about expectations. How you expect it to look, what you expect it to do, and how you expect it to perform. A simple Google search will reveal many […]

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02
Jul

H&R Block News

July 2, 2020

IRS deadline to file and pay is July 15th. Same for North Carolina. Virginia has an automatic extension if you are to receive a refund to November 1st. If you had a balance due it should have been paid by June 1st. If you didn’t meet that deadline they will send you a letter for […]

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Tropical Storm Bertha signaled the start of hurricane season when it made landfall last week in South Carolina. Dominion Energy customers in Virginia and the Carolinas can continue to expect excellent response from crews this hurricane season as a result of measures taken to adapt to coronavirus impacts. Crews have access to resources necessary to […]

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06
May

Dear Chamber members and friends, The last few weeks have been challenging, to say the least. We are proud of you for helping our community succeed, from donating meals to essential employees, to sewing face masks, to reaching out to neighbors in need. Our community has demonstrated we truly come together in times of need. […]

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SBA Economic Injury Disaster Loan The SBA provides low-interest disaster loans to help businesses and homeowners recover from declared disasters. SBA Express Bridge Loans This loan enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly. SBA Economic Injury Disaster Loan Emergency Advance This loan […]

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Millions of North American workers have had one to two weeks to get used to telecommuting. That means mastering a handful of video conferencing platforms, instant message apps, and other tools—along with highlighting a set of standards of online communication. The basics are easy to grasp: Don’t be the person that refuses to turn on […]

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