Blogs

W2 and 1099 Tax Forms

It has been over a year since we implemented our new and improved payroll software. We remain incredibly excited for all of the increased efficiencies the software brings for you and your business!

2024 NC Tax Forms

At the end of each year the North Carolina Department of Commerce mails out a letter informing businesses of their new unemployment tax rate for the upcoming year.

Wreaths Across America–Office Closed

Our office will be closed today, as our team will be volunteering with Wreaths Across America and Wreaths for Veterans in preparation for tomorrow's annual ceremony. 

Wreaths Across America-Giving Tuesday

In honor of #GivingTuesday, we are very excited to share that C F Parks Cares has made a significant donation on behalf of our family of clients to the local charity, Wreaths for Veterans.

The Christmas Promise… Love, Hope, and Joy!

Recently I read an inspiring message from the Salvation Army website…

Stocks Hit A New All Time High... Then Why Am I Concerned?

Yesterday, after a meeting of the Federal Open Market Committee, Federal Reserve Chairman Jerome Powell signaled the Fed was considering a pivot on interest rate strategy and would possibly begin lowering interest rates soon.

In Memoriam

Over Christmas, we lost a dear member of the CF Parks family. Don Dedmon (known as Donnie by our family and friends) was an instrumental part of our company and the pillar of our family. I first met Donnie as a youngster, he as Circulation Manager of The Salisbury Post, and myself as a new paper carrier with a route of my own.

End of Year Tax Planning

Have you sold a home? Have you changed jobs? Have you inherited assets? Is your W2 income much higher or lower than normal? Do you have rental property with any significant changes in income? Is your business enjoying an increase in income? 

We are moving to our new office.

As we shared earlier this week, we have begun the exciting process of moving to our new office.

Many of you have guessed correctly from the clues we have shared over the past few weeks that our new office will be located in the historic Cheerwine building in downtown Salisbury located at 322 East Council Street!

America's Shadow Economy

Recently I was reading the employment report for September and was amazed and perplexed by the results.  Over 336,000 jobs were added to the US economy in September alone, far higher than any projection.  An estimated 96,000 jobs were added in the Leisure/Hospitality industry, Food Services/Bars added 61,000 and Government employment added 73,000 jobs.  Other job gains were in Social Assistance and Healthcare, and wages continue to rise with hourly earnings having increased by over 4.2% in the last year.  While job growth suggests a strong economy, the numbers left me scratching my head, as the unemployment rate is 3.8% meaning we’re close to full employment.