Kim Hall, CPA, PLLC

Kim Hall, CPA, PLLC Welcome to Kim Hall, CPA, PLLC! We provide expert tax, accounting, and payroll services tailored to individuals and small businesses.

Let us handle the numbers so you can focus on what matters most. At Kim Hall, CPA, PLLC we specialize in providing traditional accounting services with a focus on efficiency and growth to help you maintain or grow your existing business.

Are You 65 or Older? You May Qualify for an Additional $6,000 Deduction!A new tax benefit from the One Big Beautiful Bil...
09/03/2026

Are You 65 or Older? You May Qualify for an Additional $6,000 Deduction!

A new tax benefit from the One Big Beautiful Bill gives eligible taxpayers age 65 and older an additional deduction of up to $6,000 per person for tax years 2025 through 2028.

That means a married couple where both spouses are 65 or older could potentially receive up to a $12,000 additional deduction!

But there are some important limitations:

🔹 Income matters. The deduction begins to phase out when modified adjusted gross income (MAGI) exceeds $75,000 for single filers or $150,000 for married filing jointly.

🔹 The deduction is reduced as income increases. For example, a single taxpayer with MAGI of $100,000 would not receive the full $6,000 deduction.

🔹 Age matters. You must be 65 or older by the end of the tax year.

🔹 Filing status matters. Married taxpayers generally must file married filing jointly to claim the deduction. A valid Social Security number is also required for each qualifying individual.

🔹 It is a deduction—not a $6,000 tax credit. It reduces taxable income, so the actual tax savings will depend on your tax situation.

If you're 65 or older, don't assume you don't qualify. Let's look at your numbers and determine whether you can take advantage of this new deduction.

📧 [email protected]
📞 336-338-8038
🌐 www.kimhallcpa.com

💰 How Much Should You Set Aside for Taxes?One of the biggest questions we hear from business owners is:“How much of my i...
08/19/2026

💰 How Much Should You Set Aside for Taxes?

One of the biggest questions we hear from business owners is:

“How much of my income should I be setting aside for taxes?”

The answer isn't the same for everyone. Your tax liability can depend on your income, business structure, deductions, filing status, and other sources of income.

As a general starting point, many self-employed business owners consider setting aside 25%–30% of their net business income for federal and state taxes. However, higher-income taxpayers may need to set aside more.

And don't forget about estimated tax payments. Setting money aside is important, but making timely payments can help you avoid an unexpected tax bill and potential penalties.

📌 The best approach? Don't guess. Plan.

A tax projection can help you estimate what you are likely to owe and determine how much you should be setting aside throughout the year.

If you're making money but aren't sure how much you should be saving for taxes, let's take a look at your numbers.

📧 [email protected]
📞 336-338-8038
🌐 www.kimhallcpa.com

08/17/2026

☀️ Is summer slowing down your business? Use the time to improve, plan, and prepare—or if you’re busy, let’s talk about managing growth!

Join us for Link & Lead TOMORROW! 🤝
📍 Colonial Grind | 🕛 12–1 PM
6329 Unity St, Ste F, Thomasville, NC

👨‍👩‍👧‍👦 Good News for Families: The Child Tax Credit Has IncreasedThe One Big Beautiful Bill Act increased the maximum C...
07/22/2026

👨‍👩‍👧‍👦 Good News for Families: The Child Tax Credit Has Increased

The One Big Beautiful Bill Act increased the maximum Child Tax Credit from $2,000 to $2,200 per qualifying child beginning with the 2025 tax year. The credit is also indexed for inflation in future years, helping it keep pace with rising costs.

For many eligible families, this means:

✅ Up to $200 more per qualifying child
✅ Greater potential tax savings
✅ More money staying in your family's budget

Keep in mind that eligibility still depends on factors such as:

📌 Your income
📌 Your filing status
📌 Your child's age and other IRS qualifying rules
📌 Other IRS requirements

Every family's tax situation is different, so the amount of credit you receive may vary.

If you'd like to understand how these tax law changes could affect your family or your 2025 or 2026 tax return, we're here to help.

📞 Kim Hall CPA PLLC
336-338-8038
🌐 https://www.kimhallcpa.com/

Our team stays current on tax law changes so you don't have to. Let us help you maximize every credit and deduction you're entitled to.

💡 Tax Planning Isn't Just for Tax Season—It's a Year-Round StrategyMany business owners don't think about taxes until it...
07/20/2026

💡 Tax Planning Isn't Just for Tax Season—It's a Year-Round Strategy

Many business owners don't think about taxes until it's time to file a return. Unfortunately, by then, many opportunities to reduce taxes have already passed.

Proactive tax planning can help you:

✅ Minimize your tax liability legally
✅ Avoid unexpected tax bills and penalties
✅ Improve cash flow throughout the year
✅ Make informed decisions about equipment purchases, retirement contributions, and business growth
✅ Stay prepared for estimated tax payments and changing tax laws

The best tax strategies happen before the end of the year, not after.

Whether you're a new business owner or an established company, regular tax planning meetings can help you keep more of what you earn and avoid costly surprises.

At Kim Hall CPA PLLC, we work with business owners year-round to develop tax strategies that align with their goals—not just prepare tax returns.

📞 Call us today: 336-338-8038
🌐 Learn more: https://www.kimhallcpa.com/

Don't wait until tax season to start planning. Your future self—and your bottom line—will thank you.

07/16/2026

💼 Could an S Corporation Election Save You Money?

If you're operating your business as an LLC or sole proprietorship, you may be paying more in self-employment taxes than necessary. For many business owners, electing to be taxed as an S Corporation can provide valuable tax savings—but it's not the right choice for everyone.

Potential benefits of an S Corporation election include:

✅ Potential savings on self-employment taxes
✅ Separation of salary and business profit distributions
✅ Increased business credibility
✅ Pass-through taxation, helping avoid double taxation
✅ Opportunities for tax planning as your business grows

However, an S Corporation also comes with additional responsibilities, including:

📌 Running payroll for owner-employees
📌 Filing an annual S Corporation tax return
📌 Maintaining accurate bookkeeping and payroll records
📌 Paying yourself a reasonable salary

Every business is different. The right decision depends on your income, business goals, and overall tax situation.

Before making an S Corporation election, talk with a tax professional who can help determine whether it makes financial sense for your business.

📞 Kim Hall CPA PLLC
336-338-8038
🌐 https://www.kimhallcpa.com/

We're here to help you make informed tax decisions that support your long-term success.

📚 NOW ACCEPTING NEW BOOKKEEPING CLIENTS!Running your business is hard enough—keeping your books accurate shouldn't be.At...
07/14/2026

📚 NOW ACCEPTING NEW BOOKKEEPING CLIENTS!

Running your business is hard enough—keeping your books accurate shouldn't be.

At Kim Hall CPA PLLC, we provide reliable, professional bookkeeping services so you can spend less time worrying about your finances and more time growing your business.

✅ Monthly Bookkeeping
✅ Bank & Credit Card Reconciliations
✅ Financial Reports You Can Understand
✅ QuickBooks Support
✅ Personalized Service from a CPA Firm

Whether you're a new business or simply tired of trying to manage your books yourself, we're here to help.

📞 Call today: 336-338-8038
🌐 Learn more: https://www.kimhallcpa.com/

Let us keep your books organized so you can focus on what you do best.

07/14/2026

There will be no meeting this month due to it being summer and people on vacation. Enjoy your Tuesday!

Thinking about starting an LLC? Before you file the paperwork, talk with a tax professional.Many new business owners ass...
06/23/2026

Thinking about starting an LLC? Before you file the paperwork, talk with a tax professional.

Many new business owners assume an LLC automatically saves taxes, but that's not always the case. The way your business is structured can impact your income taxes, self-employment taxes, payroll requirements, bookkeeping needs, and future growth opportunities.

A tax professional can help you:
✅ Choose the right business structure
✅ Understand your tax obligations
✅ Set up proper bookkeeping from the start
✅ Avoid costly mistakes and penalties
✅ Develop a tax strategy that fits your goals

Starting your business with the right foundation can save you time, money, and stress down the road.

Before you create an LLC, make sure you understand the tax implications. A short conversation today could prevent expensive surprises later.

Need guidance before starting your business? Contact us—we're here to help you make informed decisions from day one.

06/15/2026

Join us tomorrow for Link & Lead at Colonial Grind in Thomasville from 12:00–1:00 PM!

We’re excited to welcome guest speaker Heather Dorsett as she shares practical insights on:

📌 Why Projects Stall and How to Keep Them on Track

Whether you’re managing a business, leading a team, planning an event, or simply trying to stay on top of life’s responsibilities, this topic is packed with helpful strategies anyone can apply.

Come connect, learn, and grow with other local professionals and community members over lunch!

📍 Colonial Grind – Thomasville
🕛 12:00–1:00 PM

Tag a friend who should join you!

Address

9814 US Highway 311 S, Suite 3
Archdale, NC
27263

Website

Alerts

Be the first to know and let us send you an email when Kim Hall, CPA, PLLC posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category