Tariff Update: Refund Opportunities and What Businesses Should Know
Executive Summary Certain tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were invalidated following a Supreme Court ruling, prompting U.S. Customs and Border Protection to launch a refund…
North Carolina Economic Report – 2025 Fourth Quarter
Highlights: DMJPS is pleased to provide the fourth quarter 2025 economic update across North Carolina’s fifteen metro areas. Employment, average hourly wages, and taxable retail sales each reached new highs…
March e-Newsletter: DMJPS Named “Firm to Watch”, IRS Dirty Dozen & Smart Exit Webinar
In this edition: Discover DMJPS’s latest recognition, learn more about common tax scams, and join us for our next webinar!
North Carolina Economic Report – 2025 Third Quarter
Highlights: DMJPS is pleased to provide the third quarter 2025 economic update across North Carolina’s fifteen metro areas. While select indicators point to moderating growth — including a slower pace…
North Carolina Economic Report – 2025 Second Quarter
Highlights: DMJPS is pleased to provide the second quarter 2025 economic update across North Carolina’s fifteen metro areas. Despite signs of moderating growth in some indicators, the state’s economy continues to show steady expansion, marked by broad-based job gains, low unemployment rates, rising wages, and strong consumer spending. Population dynamics further reinforce North Carolina’s economic […]
IRS Clarifies 2024 R&D Expensing Rules for Businesses
The 2025 Tax Act, commonly known as the One Big Beautiful Bill (OBBB), reinstated expensing of research and experimentation or development (R&D) costs. For the last three years, all taxpayers…
North Carolina Economic Report – 2025 First Quarter
Highlights: DMJPS is pleased to provide the first quarter 2025 economic update across North Carolina’s fifteen metro areas. The state’s economic indicators indicate continued job growth and consumer spending. Employment gains were recorded across most major industries, but unemployment in some areas, such as Asheville, reflects lingering challenges. In the first quarter of 2025, North Carolina’s employment […]
Public Markets and Private Values
Key Takeaways Public market trends shape private valuations — not directly, but by influencing perceived risk, buyer behavior, and discount rates. Economic uncertainty drives caution — investors, lenders, and buyers…
IRS Extends Tax Deadlines for North Carolina Storm Victims: What You Need to Know
The IRS has extended federal tax filing and payment deadlines to September 25, 2025, for taxpayers in FEMA-designated disaster areas. Specifically, this relief is granted due to the lingering effects…
North Carolina Economic Report – 2024 Fourth Quarter
Highlights: DMJPS is pleased to provide the 2024 fourth-quarter economic update across North Carolina’s fifteen metro areas. Overall, the state’s economic indicators point to continued growth in payroll employment and average wages, sustained low unemployment, and increasing taxable sales. However, these trends were not uniform across all metros. The effects of Hurricane Helene in late […]
How to Choose Between Standard Mileage and Actual Expenses for Tax Deduction Purposes
As a small business owner, handling your own business taxes probably isn’t your favorite pastime. Still, when it comes time to prepare your tax return, you’ll want to take advantage…
Drive Strategic Decisions with Business Valuations
Regular business valuations provide key insights for growth, risk management, and future planning. Here are three key takeaways: Enhancing Strategic Decision-Making: Gain insights into financial health to make informed business…