Down South Accounting & Tax

04/05/2026

02/11/2026

We’re loving our new carpet from Full Service Flooring!

02/02/2026

We'll be back when it's safe to do so. In the meantime, if you're stuck at home and bored, it's not a bad time to start collecting your tax documents! We have a handy checklist on our website to assist you.

Stay safe and warm, and enjoy this rare winter wonderland!

01/28/2026

Today we're back to our series on some of the more interesting parts of the OBBBA tax bill that was signed into law last July, with a look at a potential tax break for those who purchased new vehicles in 2025.

This post was inspired by sights along the way home from Florida last summer.

A link to our blog with more information is in the first comment.

01/23/2026

We took a little break from the office today to attend the Winterville Chamber of Commerce’s “State of the Community” luncheon. It was time well spent as we heard Secretary of State Elaine Marshall speak about ways her office works with small businesses. We were amazed to learn that over 650 new businesses register with the state every day! Will you be one those new businesses this year?

01/20/2026

We've been examining some of the provisions of OBBBA that may impact our clients. Today, we take a look at the significant change in the cap that had limited state and local tax deductions.

Our recent trip to the Currituck Heritage Park, home to the Corolla lighthouse and the Whalehead Club, inspired this post

A link to our webpage blog is in the first comment below.

01/15/2026

We're continuing our look at some of the most popular parts of the new tax law with an examination of the "No Tax on Tips" provision. A recent trip to the Jamestown Winter Lantern Festival inspired this post.

The first comment below has a link to our blog where you can get all the details.

01/09/2026

Today we continue our look at the new tax rules by examining the "No Tax on Overtime Pay" provision of the "One Big Beautiful Bill Act."

This post was inspired by a recent trip to the Wright Brothers Memorial, because surely they worked long hours to achieve the first powered flight!

A link to our website blog post is in the first comment.

01/07/2026

The One Big Beautiful Bill Act, passed last summer, has several changes that will impact 2025 tax returns.

Today we begin our look at some of the items that may affect our clients. We start with the "Senior Deduction."

A link to our website blog is in the first comment.

01/01/2026

Happy New Year !!!

Next week we'll start a series of posts to get everyone caught up on the most important changes to the tax laws impacting your 2025 return. But for now, let's enjoy the day ... and don't forget to eat your collards and black-eyed peas!

12/25/2025

Wishing everyone a very Merry Christmas! We hope you are enjoying the day with friends and family, and taking time to reflect on the true reason for the celebration.

(Photos from our recent trip to Winterlights at the Elizabethan Gardens in Manteo.)