Heyward CPA PLLC

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Heyward CPA PLLC Heyward CPA PLLC is a North Carolina CPA firm that provides accounting, tax, and advisory services to small businesses, focusing on minority-owned firms.

Missed this week’s HeywardCPA Live? Catch the full replay and see how three critical financial conversations connect int...
10/10/2026

Missed this week’s HeywardCPA Live? Catch the full replay and see how three critical financial conversations connect into one proactive year-end playbook.

We covered:
• Cost segregation and accelerated depreciation for owners of real estate, equipment, and leasehold improvements.
• Inventory, COGS, and dead-stock discipline for product-based businesses.
• Nonprofit financial stewardship, including the 0.5% AGI charitable-deduction floor, donor transparency, and the redesigned Form 990.

The through-line is simple: proactive planning, accurate numbers, and cash flow visibility are more powerful than last-minute compliance.

Watch the replay to turn year-end decisions into a stronger foundation for growth: https://youtu.be/VDyzFKHu6gA

Have questions about your organization’s financial strategy? Connect with Heyward CPA. We help growth-minded businesses and nonprofits move forward with clarity and confidence.

Missed the live? The HeywardCPA Live replay connects three important year-end planning topics into one lesson: complianc...
10/10/2026

Missed the live? The HeywardCPA Live replay connects three important year-end planning topics into one lesson: compliance and cash flow are the same conversation. 🚀

🔍 AI-driven IRS readiness
With automated audit selection and third-party data matching across W-2s, 1099s, 1099-Ks, and 1099-DAs, mismatch notices can arrive quickly. A 72-hour response habit, and organized documentation, can help protect your business.

📊 Section 163(j) planning
For 2026, the $32 million gross-receipts small-business exemption is tested using a rolling three-year average. Growth can change your eligibility, while disallowed business interest may carry forward indefinitely, even though debt payments do not wait.

🧾 De minimis safe harbor
Under Reg. Sec. 1.263(a)-1(f), a written capitalization policy must be in place at the start of the tax year and applied consistently. Without it, your business may capitalize low-cost items that could otherwise be expensed.

The best time to connect these decisions is before the books close, not in March.

Watch the replay, bring your questions and prior-year return, and start building a more proactive year-end posture with Heyward CPA PLLC: a virtual CPA firm based in Durham, NC and serving growth-minded businesses nationwide.

▶️ Watch now: https://youtu.be/VDyzFKHu6gA

Growth is exciting: but sustainable growth is measurable.A key question from this HeywardCPA Live replay: if sales incre...
10/10/2026

Growth is exciting: but sustainable growth is measurable.

A key question from this HeywardCPA Live replay: if sales increase next quarter, can your business fund the people, tools, inventory, delivery, and working capital required to support that growth?

Before committing to expansion, compare your expected revenue timing with operating costs, customer payment timing, debt obligations, and available cash reserves. A clear forecast can turn optimism into an informed decision.

Make it a weekend catch-up listen:
YouTube: https://youtu.be/VDyzFKHu6gA
Replay hub: https://heywardcpa.com/live
Apple Podcasts: https://podcasts.apple.com/us/search?term=HeywardCPA%20Live

What is the first financial capacity question you ask before adding a major recurring expense?

Educational content only. Forecasts and growth decisions depend on business-specific information and do not guarantee financing, profitability, cash-flow improvement, or growth.

Saturday catch-up: Is your business funding your retirement as intentionally as it funds everything else? 🔄For many owne...
10/10/2026

Saturday catch-up: Is your business funding your retirement as intentionally as it funds everything else? 🔄

For many owners, the business can be the most efficient retirement-saving vehicle they have, but only when the plan and timing fit the business.

In this HeywardCPA Live replay, we cover:
• Solo 401(k) and SEP-IRA options for owner-only businesses
• SIMPLE plans and plans that cover employees
• Employee deferrals taken through payroll versus employer contributions funded from operating cash
• How payroll timing, plan deadlines, and your tax projection work together
• What changes when you add employees, including eligibility, coverage, and testing considerations
• Why funding before year-end is better than scrambling in the spring
• Reviewing contribution levels alongside profit and tax projections

For owners age 50+, we also discuss where catch-up contributions may fit into an intentional retirement strategy. The goal is not to make a last-minute move. It is to plan ahead with clarity. 📊

Listen to the replay:
Replay hub: https://heywardcpa.com/live
YouTube: https://youtu.be/VDyzFKHu6gA
Apple Podcasts: https://podcasts.apple.com/us/search?term=HeywardCPA%20Live

When did you last check whether your business is funding your retirement as intentionally as it funds everything else?

Plan eligibility, contribution limits, deadlines, deductibility, and tax treatment depend on plan type, applicable law, and your facts. Heyward CPA does not provide investment advice, and no tax savings or retirement outcome is guaranteed. Consult your CPA and financial advisor.

10/10/2026

Join us live for HEYWARDCPA LIVE! — real small-business questions, answered on air.
Tax, accounting, and the challenges of running a business, tackled live.

HEYWARDCPA LIVE! is an educational livestream. Opinions expressed by the hosts are their
own and are for general informational purposes only — not tax, legal, or financial advice.
Every business is different. If this raises a question about your specific situation,
schedule a consultation with Heyward CPA PLLC, and we'll talk it through.

BizTherapy Coaching is a joint venture of Heyward Management Company, LLC and Korsulting
LLC. James E. Heyward, CPA and Kory Franklin each hold an ownership interest through their
respective entities.

HEYWARDCPA LIVE! streams every other Saturday. Host James E. Heyward, CPA (Heyward CPA
PLLC) and co-host Kory Franklin (Biztherapy Coaching) take real small-business questions —tax, accounting, and beyond.

Sponsored by Heyward CPA PLLC — Accounting • Tax • Consulting.
Schedule a free consultation: 855-496-2830

Learn more: heywardcpa.com
Newsletter: heywardcpa.info/live
Kory Franklin / Biztherapy Coaching: biztherapycoaching.com

LAST CALL: Small-dollar purchases can create a meaningful tax difference. 📌Join us this morning for HeywardCPA Live as w...
10/10/2026

LAST CALL: Small-dollar purchases can create a meaningful tax difference. 📌

Join us this morning for HeywardCPA Live as we break down the de minimis safe harbor election under Treas. Reg. Sec. 1.263(a)-1(f).

A business may expense qualifying tangible property up to:
• $2,500 per invoice or item without an applicable financial statement
• $5,000 per invoice or item with one

But here is what many owners miss: You need a written capitalization policy in place at the beginning of the tax year, and you must apply it consistently in your books. Without a policy, laptops, tools, and equipment may need to be capitalized and depreciated over multiple years.

We will cover:
• What a compliant written policy should say
• Where the safe harbor ends and repairs-and-maintenance treatment begins
• How the election fits into your depreciation strategy and taxable income
• Documentation and consistent-application requirements

The planning window closes with your tax year. Small-dollar decisions today can support stronger cash flow and smarter growth tomorrow.

Watch live now: https://youtu.be/VDyzFKHu6gA

Nonprofit leaders: the compliance conversation is changing, and board readiness cannot wait for filing season.Starting i...
10/10/2026

Nonprofit leaders: the compliance conversation is changing, and board readiness cannot wait for filing season.

Starting in 2026, itemizers will face a 0.5% AGI floor for charitable deductions. That may influence donor timing and giving behavior, making clear stewardship and transparent reporting even more important.

The IRS has also planned Form 990 revisions calling for greater transparency around government grants, fiscal sponsorships, and foreign donors.

For your organization, Form 990 preparation should be a year-round governance asset, not a filing-season fire drill. Donors and grantmakers increasingly expect clean, timely, board-reviewed financials supported by sound documentation and CPA review.

We’re discussing what these changes mean for nonprofit reporting, controls, stewardship, and mission-driven growth on Heyward CPA LIVE. The recording is happening now or starting shortly.

Join us live: https://youtu.be/VDyzFKHu6gA

Help your board lead with clarity, confidence, and trust.

Revenue on paper is not the same as cash available to run the business.One practical takeaway from this HeywardCPA Live ...
10/09/2026

Revenue on paper is not the same as cash available to run the business.

One practical takeaway from this HeywardCPA Live replay: make accounts receivable visible before a late invoice becomes a payroll or vendor problem. Review aging by customer, confirm payment terms, identify concentration in outstanding balances, and build follow-up ownership into the workflow.

Catch the replay:
YouTube: https://youtu.be/VDyzFKHu6gA
Replay hub: https://heywardcpa.com/live
Apple Podcasts: https://podcasts.apple.com/us/search?term=HeywardCPA%20Live

If you reviewed your receivables today, which number would help you most: total outstanding, 30+ day balances, or average days to collect?

Educational content only. Receivables practices and cash-flow results vary by business; this post does not guarantee collections, cash-flow improvements, or profitability.

Reimbursing the team shouldn’t be a monthly scavenger hunt. 🎧It’s Friday, queue up the HeywardCPA Live replay for the we...
10/09/2026

Reimbursing the team shouldn’t be a monthly scavenger hunt. 🎧

It’s Friday, queue up the HeywardCPA Live replay for the weekend. This practical discussion covers accountable plans and team expense reimbursements in plain language.

A flat allowance is not the same as reimbursing actual, documented business expenses. An accountable-plan process should include a clear business connection, timely substantiation through receipts, mileage logs, or a simple expense report, and the return of any excess amount advanced.

The process should also include receipt capture by photo or scan, a predictable reimbursement schedule so cash timing is clear for both the team and the business, and a defined reviewer and approver. Keep reimbursements separate from wages and payroll reporting so they are not accidentally treated as pay. The best process is simple enough that people actually follow it.

This replay focuses on expense reimbursements, not worker classification, W-9/1099-NEC preparation, or qualified-overtime reporting.

Listen to the replay:
Replay hub: https://heywardcpa.com/live
YouTube: https://youtu.be/VDyzFKHu6gA
Apple Podcasts: https://podcasts.apple.com/us/search?term=HeywardCPA%20Live

Does your team know exactly what to submit, when, and how reimbursements get paid, or is it a scramble every month?

Whether reimbursements are excluded from wages and how expenses are treated depends on applicable law, plan design, and the facts of each payment; payroll and reporting outcomes are not guaranteed. Consult your CPA.

You may be exempt from the Section 163(j) business interest limit this year, and caught by it next year without changing...
10/09/2026

You may be exempt from the Section 163(j) business interest limit this year, and caught by it next year without changing a thing. 📊

IRS Fact Sheet 2026-14 confirms the small-business exemption threshold rose to $32 million in gross receipts for 2026. But eligibility is based on a rolling three-year average, not just last year’s revenue.

Here’s the risk: Add the applicable three years of gross receipts and divide by three. Organic growth, an acquisition, or related-entity revenue can push the average over the threshold and limit deductions for interest on the debt that helped fund that growth.

Disallowed business interest may carry forward indefinitely. Your cash flow obligation does not.

Before year-end, growth-minded business owners should review:
✅ Their three-year gross receipts trend
✅ Debt structure and financing terms
✅ Entity and related-party considerations
✅ The potential interest limitation in next year’s budget and forecast

Growth should not create a tax surprise. Plan the financing and the deduction together with a proactive CPA partner.

REMINDER: We’re covering Section 163(j), the $32 million threshold, and year-end planning on HeywardCPA Live.

Watch on YouTube: https://youtu.be/VDyzFKHu6gA

Address

2530 Meridian Parkway
Durham, NC
27713

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 1pm

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