How to Create and Use a Cash Flow Statement

When you’re running a business, it’s easy to get caught up in the day to day operations. However, if you want to plan for the future, it’s important to take a step back and spend time analyzing financial reports. While we’ve covered how to use a balance sheet, our small business accountants in Raleigh wanted […]

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Accounting in Raleigh, NC

Using an Income Statement

An Income Statement is the most important financial statement for a business. This accounting statement allows you to track revenues and expenses so you can determine the operating performance of your business over a period of time in order to determine which areas of the business are over or under budget.  At CE Thorne, CPA, […]

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IRS Form 7004 Tax Service Raleigh

Filing an Extension for your Federal Tax Return 

March 20, 2020 update from the  U.S National Treasury: In response to the COVID-19 coronavirus crisis, the deadlines to FILE and PAY federal income taxes are extended to July 15, 2020.  This relief applies to all individual returns, trusts, and corporations. This relief is automatic, taxpayers do not need to file any additional forms or call the IRS to […]

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