Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Haynes McRae Accountants & Co, Tax preparation service, 2120 Crown Centre Drive, Ste 300, Charlotte, NC.
09/08/2026
Quarterly Estimated Tax Payments - Reminder
If you are making quarterly estimated tax payments to the IRS, the due date for the June 1 - August 31, 2026 payment period is coming up next week on Tuesday, September 15, 2026.
For payments made using IRS Direct Pay, you can make payments until 11:45 p.m. ET on the due date. Debit and credit card payments may also be made online through an IRS-approved payment processor.
Stop creating LLCs and trusts just to save on taxes.
A lot of business owners ask about LLCs, trusts, and other strategies they've heard on social media to help them save on taxes.
The truth is this:
An LLC by itself does not help you save on taxes.
A trust by itself does not save you taxes either.
These are legal structures, and their tax treatment depends on how they are set up, used, and specific facts of your personal situation.
These are not one size fit all or copy and paste strategies.
Before creating another entity or moving assets into a trust, talk with a qualified tax professional who can evaluate whether the strategy makes sense for your specific tax situation.
09/01/2026
Educator Classroom Expense Deduction – Did You Know?
Eligible K-12 teachers, instructors, counselors, principals and aides who pay for classroom supplies out of pocket may deduct up to $350 of qualifying expenses per year. Married couples filing jointly who are both eligible educators may deduct up to $350 each, for a combined maximum of $700.
You do not need to itemize deductions to claim this deduction. Be sure to keep receipts and other records for any classroom expenses you plan to deduct.
08/30/2026
🎉 Happy Birthday, Kristen James Davis🎉
Today, we celebrate not only your birthday but also the amazing person and employee you are! Kristen has been with our firm for 5 years, and her dedication and loyalty do not go unnoticed. She is always willing to step in and help wherever she is needed, and we truly appreciate all that she does.
Kristen, thank you for your hard work, commitment, and the positive impact you have on our team. We hope you have the very best birthday—you absolutely deserve it! 🥳🎂🎈
19 days & counting……
Business tax extension deadline is approaching, September 15~ due date !
08/27/2026
Lunch & Learn w/ a birthday celebration!
08/24/2026
Major Higher Education Tax Credits Now Require Valid SSN – Did You Know?
The American Opportunity Tax Credit (AOTC) and Lifetime Learning Credit (LLC) help many Americans pay for higher education. For eligible students pursuing a degree or other recognized credential, the AOTC can cover up to $2,500 in tuition, required school fees and certain course materials per year. Meanwhile, the LLC can offset up to $2,000 per tax return for qualified education expenses for eligible students taking higher education courses for a variety of reasons.
Beginning with tax year 2026, the taxpayer claiming either the AOTC or LLC (and spouse, if filing jointly) must have a Social Security number (SSN) valid for work in the United States that was issued before the due date of the tax return, including extensions. If the eligible student is not the person claiming the credit (for example, if the student is that person's dependent or spouse), then the student must also have a valid SSN issued by that deadline. Other qualification requirements, such as income limits, remain in effect. A tax professional can help you determine whether the higher education expenses you pay for yourself, your spouse or a dependent qualify for a tax benefit.