Blog

Tuesday, April 7, 2026

The first quarter of this year has reminded us of something we all know well—progress is rarely a straight line. Markets have faced their share of challenges: periods of...

Monday, March 16, 2026

Due to the severe weather conditions in our area today, our office will be closed to ensure the safety of our team and clients.While our physical office will not be open, we are still here for you. Our team will be working remotely and...

Thursday, March 12, 2026

News surrounding the conflict involving Iran has understandably created uncertainty in financial markets. When geopolitical events escalate, headlines move quickly and emotions can run high. I wanted to reach out personally to provide...

Friday, March 6, 2026

It’s that time of year again — tax season, compliance deadlines, and annual reports are right around the corner!As part of our ongoing efforts to help you Manage Brilliantly, we will soon begin processing annual LLC report filings with...

Sunday, February 1, 2026

Due to the severe winter weather conditions in our area, our office will be closed tomorrow, February 2nd, to ensure the safety of our team and clients.While our physical office will not be open, we are still here for you. Our team...

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Monday, January 26, 2026

Due to the severe winter weather conditions in our area today, our office will be closed to ensure the safety of our team and clients.While our physical office will not be open, we are still here for you. Our team will be working...

Thursday, January 22, 2026

We are closely monitoring the upcoming winter weather forecasted for our area over the weekend into early next week. While we do not yet know how conditions will develop, there is a possibility that office operations could be impacted,...

Monday, January 19, 2026

It has been three years 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! One advancement is the digital...

Tuesday, December 30, 2025

Our office will be closed onThursday, January 1st for New Years Day.We wish you and your family a brilliant start to the new year.

Monday, December 29, 2025

Join us for a Q&A Session following our Annual Breakfast!We will discuss whether the sun is rising or setting onyour financial future and how to navigate in either scenarioto Live Brilliantly!We look forward to starting the new year...

Monday, December 22, 2025

Wishing you Peace, Joy and all the Best this Wonderful Holiday has to offer!Our office will be closed Wednesday, December 24th, - Friday, December 26th for the upcoming holiday. We wish you and your family a safe, joyful and brilliant...

Monday, December 22, 2025

This holiday may God bless you and keep you, may you stay safe and healthy. Let us celebrate the brilliance in our lives and not forget others in our community who are less fortunate.This year, in lieu of sending Christmas cards or...

Tuesday, December 2, 2025

As we reflect on last week's holiday of gratitude, we are honored to express our thanks to those who have served our nation.We are excited to share that C F Parks Cares has made a significant donation on behalf of our family of clients...

Tuesday, November 25, 2025

Thanksgiving is a reminder that the simple joys of life are the greatest blessings.Our office will close at 12pm on Wednesday, November 26th and remain closed on Thursday, November 27th for Thanksgiving. Our team will be working...

Wednesday, September 24, 2025

Today I want to share a candid update on where the markets stand. By many traditional measures—such as price-to-earnings ratios and market valuations—the financial markets appear expensive compared to historical averages. In plain...

Friday, August 29, 2025

Our office will be closed on Monday for our team to spend the Labor Day holiday with their families. We appreciate your understanding, please give our office a call if you have any questions.We hope you and your family have a fun, safe...

Tuesday, July 29, 2025

Across America, daytime temperatures are routinely climbing into the 90's and even 100's, challenging our comfort and infrastructure. The “dog days of summer” are firmly in place. The weather isn't the only hot thing...the financial...

Tuesday, July 15, 2025

We are deeply saddened by the flash floods that swept through Central Texas, including Camp Mystic in Kerr County, over the July 4th holiday weekend.On behalf of our family of clients, C F Parks Cares has partnered with Commonwealth...

Thursday, July 3, 2025

Our office will be closed tomorrow for the Independence Day holiday. We hope you and your family have a brilliant and joyful day of celebration.

Wednesday, June 18, 2025

The Israel/Iran conflict in the Middle East has caused considerable anxiety across the region and world. The anxiety has grown in the United States with people both for and against making claims that at times seem exaggerated to back...

Thursday, May 22, 2025

May we pause to honor the brave men and women who have served and continue to serve our great nation.Our team will be working remotely on Friday, May 23rd and our office will be closed on Monday, May 26th for Memorial Day. Please give...

Thursday, May 1, 2025

April showers bring May flowers...you have heard it over and over in your lifetime. You probably didn't know that this is from a short poem written in 1157 by Thomas Tusser. It seems tailored for the southern U.S. as the weather in...

Wednesday, April 16, 2025

UPDATE April 16th, 11:00 AM Every day the tariff plan from the Trump Administration comes into better focus. As I thought, each day seems to confirm the tariffs were for negotiating purposes as some 150 nations have reached out to...

Tuesday, April 8, 2025

UPDATE April 8, 1:00 PM Since this article was posted, the financial markets have continued to be volatile. Tariffs are to blame, as no one seems certain of what President Trump will do and if the current announced tariffs will rise or...

Friday, April 4, 2025

Yesterday the financial markets violently reacted to the tariff announcement from President Trump, and it has carried over today. Panic led comments and headlines are popping up from so-called experts, with the truth being we simply do...

Wednesday, March 12, 2025

As March unfolds, the term "March Madness" typically evokes images of unpredictable basketball tournaments, with upsets making for fascinating viewing. This year, however, it also aptly describes the current economic and market...

Tuesday, March 4, 2025

One question I get asked on a frequent basis and was front and center at our Outlook breakfast, regards the economy and financial market performance with a new President. Since the investment markets have been in the news lately, let...

Wednesday, February 26, 2025

It is the question that seems everyone in the news and financial media is consumed with: will tariffs cause inflation to return, or worse yet will it cause an economic recession? Below I will show you some of my research from the first...

Monday, January 6, 2025

It has been two years 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! One advancement is the digital sharing...

Thursday, January 2, 2025

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. Within the letter it reconciles your account and any charges that have...

Monday, December 2, 2024

As we reflect on last week's holiday of gratitude, we are honored to express our thanks to those who have served our nation. We are excited to share that C F Parks Cares has made a significant donation on behalf of our family of...

Tuesday, November 19, 2024

$591 PER DAY IN PENALTIES $10,000 IN FINES 2 YEARS IN PRISON Earlier this year we sent you information about a new filing requirement, The Beneficial Ownership Information Report (BOIR). Every business entity is required to report to...

Tuesday, October 22, 2024

On behalf of our family of clients we have continued to contribute to ongoing efforts for the Western part of the state following the unprecedented destruction from Hurricane Helene. This past week we contributed to the Haywood...

Monday, October 7, 2024

The End is Near...a phrase used over the years to warn others of various dangers that lurk ahead. From an economic perspective, the end is not all bad. Take interest rates for example, higher interest rates are ending. The Federal...

Friday, October 4, 2024

Our hearts remain heavy following the unprecedented destruction from Hurricane Helene. On behalf of our family of clients we continue to contribute to ongoing efforts for the Western part of the state. We provided funds for a recent...

Monday, September 30, 2024

Our hearts are heavy today following the destruction and devastation from Hurricane Helene. The disaster in western North Carolina is unprecedented, with many people still missing, towns decimated, and personal residences damaged or...

Friday, September 27, 2024

Our office will be closed today due to a power outage from the storm. Our team will be working remotely, please let us know if you have any questions. Thank you for your understanding and please stay safe.

Tuesday, September 17, 2024

This week the Federal Reserve will likely begin lowering interest rates. How far they will cut over time is unknown, however, their dual mandate is low unemployment and low inflation. Interest rate policy is geared towards...

Friday, August 30, 2024

Our office will be closed on Monday for our team to spend the Labor Day holiday with their families. We appreciate your understanding, please give our office a call if you have any questions. We hope you and your family have a fun,...

Wednesday, August 7, 2024

We want to address a serious concern that affects many individuals today: identity theft. Recently, one of our clients experienced the distressing impact of identity theft, and it was both painful and challenging for them. Their...

Wednesday, July 31, 2024

We have reached mid-year and the dog days of summer are upon us. Most summers are laid back and uneventful, but not this year. In an earlier update titled Finding Calm in the Chaos, I discussed uncertainty in the nation and economy....

Tuesday, July 30, 2024

IMPORTANT: NEW FEDERAL FORM FILING DUE We hope that this summer finds you well and your business continues to prosper. We are writing to inform you about an important new requirement that affects all businesses: the Beneficial...

Tuesday, July 30, 2024

We have reached mid-year and the dog days of summer are upon us. Most summers are laid back and uneventful, but not this year. In an earlier update titled Finding Calm in the Chaos, I discussed uncertainty in the nation and economy....

Wednesday, July 3, 2024

Our office will be closed tomorrow for our team to spend the Independence Day holiday with their families. We appreciate your understanding, please give our office a call if you have any questions. We hope you and your family have a...

Monday, June 10, 2024

Effective February 1, 2024 Payroll Relief will begin processing Payroll Tax Payments with the Prefunding Method. This means that all payroll tax payments will now draft your bank account with each payroll instead of at the end of each...

Thursday, May 23, 2024

Our office will be closed on Monday, May 27th in honor of Memorial Day. We wish you and your family a safe, blessed and joyous holiday.

Thursday, May 23, 2024

2024: Finding Calm in the Chaos Who Will Win? Earlier this year we hosted our annual kickoff breakfast discussing the economy, the financial markets, and a host of other topics. Afterwards I issued a recap and today I will provide an...

Tuesday, April 23, 2024

Dear Valued Clients, We want to take this opportunity to express our sincere gratitude for your trust and continued support. We understand tax season can be stressful, and we appreciate you choosing us to navigate the complexities...

Tuesday, April 2, 2024

2023 Income Tax Information Deadline Dear Valued Clients, If you have already provided our team with your 2023 income tax information, thank you! As soon as your return has been completed and reviewed by our team we will coordinate...

Wednesday, February 28, 2024

2024: Finding Calm in the ChaosA Recap of Our Kickoff Breakfast: Part 1 Good morning. Recently we hosted our annual kickoff breakfast of 2024 discussing where the U.S. stands from an economic standpoint and what it means for your...

Wednesday, February 14, 2024

2024 Election Every US Presidential election seems more volatile that the last. If elected, both President Biden and former President Trump will be considered a lame duck President on day one. What are the implications? Don’t miss our...

Monday, February 12, 2024

Immigration Record number of illegal immigrants are flooding across our border. According to the Department of Homeland Security, encounters at the southwest border have increased over 40% since fiscal year 2021. Don’t miss our take...

Thursday, February 8, 2024

Federal Budget Deficit The current national debt of the United States is over $34,000,000,000,000. According to the Peterson Foundation, that is over $101,000 for every single person in America. Is this a ticking time bomb for our...

Wednesday, February 7, 2024

Inflation and Interest Rates Inflation is showing signs of heating back up, and interest rates are rising again. What does that mean for the economy? Don’t miss our take on today’s chaotic events and the impact on your business and...

Tuesday, February 6, 2024

War Around the World Ukraine/Russia, Israel/Hamas, Iran, and its proxies…there are plenty of events around the world that could impact our nation, our economy, and our peace. Don’t miss our take on today’s chaotic events and the...

Tuesday, January 23, 2024

Join us at our annual outlook meeting where we will discuss the year ahead and Finding Calm Among the Chaos. Saturday February 17th, 2024 at 8:30 am Question and Answer Session Following Breakfast Salisbury Country Club 747 Club Drive...

Thursday, January 18, 2024

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!

Thursday, January 18, 2024

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.

Thursday, January 18, 2024

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.

Thursday, January 18, 2024

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.

Thursday, January 18, 2024

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

Thursday, January 18, 2024

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.

Tuesday, December 26, 2023

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 [...]

Thursday, December 21, 2023

Each year I look for something that speaks to my heart to share with you all. This year’s message is the “Nativity Breath of Heaven”. The video is a beautiful reminder of the true meaning for the season… to give praise and have faith [...]

Thursday, December 14, 2023

Recently I attended my first Commonwealth National Conference in nearly 5 years, with the conference theme being “Find the Good”. And after 40 years studying economics, investments, and financial planning trends I came back excited [...]

Friday, December 8, 2023

Each year in mid-November to mid-December the North Carolina Department of Commerce mails out a letter informing businesses of their new unemployment tax rate for the upcoming year. Within the letter it reconciles your account and any [...]

Tuesday, November 14, 2023

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?

Thursday, November 9, 2023

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 [...]

Tuesday, November 7, 2023

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 [...]

Tuesday, November 7, 2023

The financial markets are a mixed bag this year. Overall, stocks are up and bonds are mixed as interest rates have been up. A closer look reveals some interesting, and some would say disturbing, or worrisome trends. As the old saying [...]

Tuesday, November 7, 2023

We are starting the very exciting process of beginning our move to our new office location. The final hint for the new location is the tag line "Uniquely Southern". Let us know your thoughts on where we are heading and anyone with a [...]

Wednesday, September 6, 2023

As the saying goes, there is no growth without change. We are incredibly excited to share that the next change for the C F Parks Inc family is a new office location! Our team is energized and exhilarated to share this new chapter with [...]

Sunday, September 3, 2023

Our office will be closed on Monday, September 4th in honor of Labor Day. We wish you and your family a fun, safe and happy holiday.  Advisory services offered through C F Parks Inc, a Registered Investment Advisor.

Thursday, August 31, 2023

The devastation and terrifying accounts of escape of the recent wildfires in Maui have captivated our hearts. The wildfire was the deadliest in history with officials still estimating over 1,000 more could be unaccounted for. The [...]

Sunday, August 6, 2023

Hi, I’m pleased to share with you that a new Investor360° experience will soon be available to you, starting on Friday, August 18. You will have access to all of the same features you are used to as well as several critical [...]

Wednesday, July 26, 2023

Good afternoon, as we move into the second half of the year let me take a moment and give you some thoughts about 2023 to date. As usual, surprises can happen that can shake things up going forward.

Wednesday, July 26, 2023

We are incredibly excited to share that our team has a renovated and redesigned website. We are very proud of the site and feel like the messaging and imagery truly reflect who we are and why we exist as a firm - to help you Live [...]

Monday, July 3, 2023

From all of us at C F Parks Inc, we wish you and your family a happy, safe and brilliant July 4th holiday!

Thursday, May 18, 2023

As we wind down May and head to the summer, I wanted to take a minute to discuss several topics. Below are observations in no particular order: DEBT CEILING: While it’s always helpful to discuss our national debt, we must remember [...]

Thursday, April 20, 2023

The success of this income tax season wouldn’t have been possible without you, our family of clients. We owe you all a tremendous thank you!! Thank you for adapting with us and embracing technology to help make this income tax season [...]

Tuesday, April 18, 2023

While Spring has brought about immense beauty and change, this year it has also brought devastation to certain parts of the country. Our hearts go out to the families impacted by the recent natural disasters including Florida’s [...]

Monday, April 17, 2023

What is the ERC? The ERC is a refundable credit for businesses who paid employees during Covid. Who can claim it? Businesses who had a full/partial shutdown due to orders from the government OR Businesses who had a significant decline [...]

Tuesday, April 11, 2023

Yesterday you received a Docusign email notifying you that my relationship with Commonwealth would be changing. Due to number of calls and questions, I wanted to give everyone some clarification and peace of mind. In the financial [...]

Thursday, April 6, 2023

Heaven gained a special angel from the C F Parks Inc family this week, as Lynne’s mother Rose Dedmon passed away. Our office will be open with minimal staff tomorrow morning, as the team will be attending the service to pay tribute to [...]

Monday, April 3, 2023

If you have already provided our team with your 2022 income tax information, thank you! As soon as your return has been completed and reviewed by our team we will coordinate your review and signatures. If you have not provided your [...]

Monday, March 13, 2023

Last Friday, Silicon Valley Bank (SVB) announced they needed to raise capital for liquidity purposes. In today’s social media world, some analysts and investment managers questioned their exposure to smaller upstart tech type [...]

Tuesday, March 7, 2023

Recently we held our 2023 Question and Answer breakfast at the historic Rowan Museum. While I am used to tough questions, the one above caught me a bit off guard. However, in a world where disaster sells there are impending doom [...]

Monday, January 16, 2023

You may have recently received an email notification regarding “Important Notice Renewal Due” from NC Certified Documents. Please disregard, as this is a third party company that is offering a service that we conduct annually when [...]

Tuesday, December 6, 2022

As we shared on #GivingTuesday, we are very excited to be partnering with Wreaths Across America as we coordinate a volunteer effort for their annual National Wreaths Across America Day! We would love for our family of clients to join [...]

Tuesday, November 29, 2022

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. In addition, our team plans to continue our [...]

Wednesday, October 26, 2022

As we move through October, the financial markets continue to be bumpy on a day-to-day basis. Conflicting data abounds, one day a stronger than expected employment report and the next an inflation number that is considered too hot. [...]

Wednesday, August 24, 2022

Earlier in August, we received news the economy had contracted for two consecutive quarters, sparking a debate of whether we are in a recession. Many of our business owners have called to discuss concerns over slowing business [...]