NCR Accounting and Financial Services LLC

12/16/2025

11/06/2024

This is open enrollment for health insurance, we are open to the public. For those that need Obamacare, contact us at 5713318503.
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10/10/2024

The distinction between a hobby and a business can significantly impact your tax obligations. The IRS has hobby loss rules to determine whether an activity is a hobby or a business. If classified as a hobby, the income generated is taxable, but the expenses incurred are not deductible, except to the extent of the income.

Understand the IRS hobby loss rules and how they impact taxes, including the effect of the TCJA, profit motive factors, and deductions for hobby versus business

10/09/2024

Learn the key payroll tax considerations when hiring seasonal employees. Stay compliant with payroll taxes, avoid penalties, and ensure smooth payroll management. Contact us for expert help.

Learn the key payroll tax considerations when hiring seasonal employees.

10/08/2024

The IRS has announced disaster tax relief for individuals and businesses in several states affected by Hurricane Helene. Read this article to find out more about the affected areas and available relief options.

The IRS has announced disaster tax relief for individuals and businesses in several states affected by Hurricane Helene.

10/07/2024

The IRS has offered an olive branch to employers that voluntarily withdraw their claims. Watch the video to learn more.

10/01/2024

Sec 1202 offers a significant tax incentive for investors to potentially exclude up to $10 million, or more in some circumstances, in gain from qualified small business stock (QSBS).

Learn how Sec 1202 QSBS can offer up to $10M in gain exclusion for investors. Discover the qualifications, limitations, and strategies to maximize tax savings.

09/30/2024

The IRS has hobby loss rules to determine whether an activity is a hobby or a business. Watch this video to learn more.