What You Should Know About Audits

In any business, audit techniques will be different.  All small business owners need to be prepared in case of an audit.  Recently, Bonnie Lee of Fox Business News discussed this topic as it pertains to farmers in her article "What Farmers Need to Know About Audits".  Read more: http://smallbusiness.foxbusiness.com/finance-accounting/2012/06/27/what-farmers-need-to-know-about-audits/#ixzz210Lvps4N

New Office Opens in Pawleys Island, SC

In addition to its Charlotte, NC office, Gerald Yarborough, CPA now has an office in Pawleys Island, SC.

$28.5 Billion Tax Refund on NC Senate Floor This Week

Small businesses could receive a tax break, if the U.S. Senate can pass the Small Business Jobs and Tax Relief Act, an estimated $28.5 billion tax-refund program that will be on the Senate floor this week.
According to a recent study by Regional Economic Models Inc., the tax cut may create up to 1 million jobs nationwide, including 27,000 in North Carolina. Most of those jobs would be in health care, construction, manufacturing, finance and retail industries, the study says.

Read more about the Small Business Jobs and Tax Relief Act in today's Charlotte Business Journal.

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