Archive for February, 2014

February 28, 2014/Tax

IRS Announces Tax Season Begins and Details Forms Still Subject to Delayed Filing

The IRS has announced that the 2013 filing season has opened on January 30, and on its website detailed the forms that cannot be filed until a later date.

February 28, 2014/Tax

NORTH CAROLINA TAX CHANGES EFFECTIVE JANUARY 1, 2014

Throughout 2013, several tax bulletins and updates were released that communicate changes effective in the 2014 tax year. Changes include reduction in the corporate and personal income tax rates, the elimination of the NC Estate Tax, a cap on the state gas tax, and tax added to the sales price of a service contract. We’ve done our best to summarize and highlight the changes that may affect you or your business.

February 1, 2014/Furniture Insights

February 2014 Furniture Insights

According to our latest survey of residential furniture manufacturers and distributors, new orders in December 2013 were up 5 percent over December 2012. New orders fell 13 percent from November, but orders are typically lower in December versus November. New orders in December 2012 were down 7 percent from December 2011 so December 2013 orders were actually down from 2011 levels. For the month, new orders were up over 2012 for 62 percent of the participants, down from 77 percent reporting last month.

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