News and Events

Employers are required to file 2022 Form NC-3 electronically, along with Forms W-2 and Forms 1099-NEC. A $200 penalty will be assessed for failure to comply. These forms must be submitted by Tuesday, January 31, 2023. Click on the links below for filing information for Form NC-3, Form W-2 and Form 1099-NEC. NC Withholding Tax Information and Upload […]

Form W-2 and other wage statements must be filed by employers by Tuesday, January 31, 2023. Form 1099-NEC, which reports non-employee compensation, must be filed by employers by Tuesday, January 31, 2023. Both of these forms are due to recipients by Tuesday, January 31, 2023. Click on the links below for more information on these two forms. Form […]

Martin Starnes & Associates, CPAs, P.A. (MSA) would like to wish you and your family a very Happy New Year!    We hope 2022 was a successful year for you and your organization despite any ups and downs you may have faced.  As the new year causes us to reflect on the past, we would like to take this opportunity to say thank […]

Once again, MSA employees did not disappoint when it came to the annual North Carolina Association of Certified Public Accountants (NCACPA) Volunteer 365 event (formerly called CPA Day of Service). We collected canned food to share with the Hickory Soup Kitchen along with cleaning, preparing and serving during lunch to those in need. We also […]

It is not too early to start thinking about preparing for filing your 2023 taxes! The Internal Revenue Service (IRS) encourages every one to begin taking action to get ready for the upcoming tax season. Please click here to learn more this topic. Source: Internal Revenue Service

Attention employers and self-employed individuals who chose to defer paying part of their 2020 social security tax liability! Your second annual installment is due December 31, 2022. Employers and self-employed individuals were able to choose delaying paying their social security liability as part of the COVID relief provided during 2020. The payment for the first half […]

Have you been spending time shopping online this holiday season? For some online thieves, ’tis the season to take advantage of having so many people shop online at once. They steal shoppers’ personal information and package it as their own. Some might call this a total Grinch move. The IRS and its partners in the […]

The United Arts Council of Catawba County kicked off the holiday season with their annual Jingle Bell BASH (Benefitting Arts, Science, and History) on December 5, 2022 at the Lake Hickory Country Club. Area restaurants and caterers provided a wide variety of delicious food to enjoy at the event. By purchasing a ticket, participants had the chance to win […]

In November 2021, the North Carolina Department of Revenue (NCDOR) enacted new legislation to allow eligible pass-through entities (S-Corporations and Partnerships) a new tax deduction, which occurs on the business returns. These pass-through entities typically do not pay income tax. The tax is normally paid at the individual level (i.e. pass-through) on the Form 1040 tax return. The […]

On Saturday, November 19, 2022, MSA employees bundled up to participate in the annual Turkey Trot hosted by the Hickory YMCA. We had walkers and runners who entered the 5K and 10K races.