Drew Edmundson, CPA

CPA (NC# 16091), helping small businesses grow via effective accounting & tax consulting. Also tax preparation & planning with individuals.

[Drew Edmundson, CPA @nccpa]

Reminder: Second quarter estimated taxes are due Monday, June 15th. https://t.co/ObkQHRUNMF

[Drew Edmundson, CPA @nccpa]

The IRS sends you a notice! What to do? This month's letter walks you through the process, plus much more! https://t.co/xKkAp9d7xT

[Drew Edmundson, CPA @nccpa]

Underreported income and math errors are key mistakes that can trigger an audit from the IRS. Having your taxes prepared by a professional can significantly reduce this risk. https://t.co/eKoHmxjJdU

[Drew Edmundson, CPA @nccpa]

There's still time to lower your tax obligation. Here are five great ideas to consider. https://t.co/KPJxPFVilV

[Drew Edmundson, CPA @nccpa]

The gift tax is one of the most misunderstood provisions in the tax code. Here is what you need to know. https://t.co/pkAV4p7Cvf

[Drew Edmundson, CPA @nccpa]

You can legally lower your taxes by shifting a certain amount of unearned income to your children. Here are some ideas to implement this strategy. https://t.co/vqMH10Xjs0

[Drew Edmundson, CPA @nccpa]

Want a lower tax bill? Your tax planning needs to start now! https://t.co/VK9naP2W0a

[Drew Edmundson, CPA @nccpa]

In a world of digital payments, how do you prove your tax deductions? Here are some tips. https://t.co/79Zobsq3o4

[Drew Edmundson, CPA @nccpa]

@IraGilligan You expected better from a dysfunctional legislature?

[Drew Edmundson, CPA @nccpa]

Scams are getting more sophisticated and the IRS is a target. Here are tips to protect yourself. https://t.co/SaxVjzyLxd

[Drew Edmundson, CPA @nccpa]

Everyone should understand 529 savings plans. Here is what you need to know. https://t.co/LBha6JO0ZT

[Drew Edmundson, CPA @nccpa]

With the mandate to eliminate paper checks, including checks used to issue tax refunds, the transition to virtual payments is causing a mess. Here is what you need to know. https://t.co/uA3ye6JCFJ

[Drew Edmundson, CPA @nccpa]

Time to make an estimated quarterly tax payment! https://t.co/HtMzhT1eLl

[Drew Edmundson, CPA @nccpa]

Following up incessantly does not speed the preparation of your return or completion of your project.

[Drew Edmundson, CPA @nccpa]

From American tax history to everyday money habits, this issue connects past and present. Test your tax history knowledge, reset your finances, and rethink the tech ideas shaping your decisions. https://t.co/A00j6TNgLo

[Drew Edmundson, CPA @nccpa]

Early withdrawals from most retirement accounts prior to age 59 1/2 come with a steep 10% tax penalty. https://t.co/QxLKvi0J92

[Drew Edmundson, CPA @nccpa]

#Charities It is 2026, please add a statement to every receipt about the amount, if any, of value the donor received in exchange for the donation. Really, it has been law for over 30 years.

[Drew Edmundson, CPA @nccpa]

Here are the commonly overlooked deductions everyone should know. https://t.co/MVR4rquLJz

[Drew Edmundson, CPA @nccpa]

Not all income is taxable. Here are some to consider. https://t.co/MkSCM1xg4H

[Drew Edmundson, CPA @nccpa]

If your gross income is less than the federal standard deduction, you usually do NOT need to file a tax return, but getting this wrong can cost you. Know the exceptions to the rule! https://t.co/5SeSp98pET