Denise Stubbs CPA

Denise Stubbs CPA Tax Resolution Expert. Also providing Accounting, Tax Preparation, Business Consulting and Forensic Accounting Services

πŸš— If you drive for business and you're not tracking your mileage, you're leaving money on the table.The 2026 IRS standar...
09/02/2026

πŸš— If you drive for business and you're not tracking your mileage, you're leaving money on the table.

The 2026 IRS standard mileage rate is 76 cents per mile for business use (it jumped mid-year from 72.5 cents, effective July 1). Every mile you drive for a client meeting, job site, or supply run is deductible at that rate, but only if you can document it with a log: date, destination, purpose, and miles driven.

A tracking app makes this nearly automatic. September is still a good time to start. Questions? We're here. πŸ“ž

If you run a pass-through business, such as a sole proprietorship, S-Corp, LLC, or partnership, there is a deduction tha...
08/31/2026

If you run a pass-through business, such as a sole proprietorship, S-Corp, LLC, or partnership, there is a deduction that can reduce your taxable income by up to 20%. It was created in 2017, and it is still in effect. It is called the Section 199A qualified business income deduction, and a surprising number of small business owners are not maximizing it or do not fully understand how it applies to their situation.

We just published a plain-English breakdown. If you have never had a specific conversation with your CPA about this one, now is the time. Learn more here: https://www.denisestubbscpa.com/post/qbi-deduction-explained

Tax Trivia Day! What's the most common tax filing status in the U.S.?If you guessed "Single," you're right! It edges out...
08/27/2026

Tax Trivia Day! What's the most common tax filing status in the U.S.?

If you guessed "Single," you're right! It edges out "Married Filing Jointly" as the most commonly used status on individual tax returns each year.

Filing status might seem like a small checkbox, but it can significantly change your tax bracket, deductions, and credits. Choosing the right one matters more than most people realize.

Did that surprise you? Drop your own random tax fact below!

Is it just us, or does "August" feel like the Monday of months? πŸ“…Summer's winding down, kids are back in school (or abou...
08/25/2026

Is it just us, or does "August" feel like the Monday of months? πŸ“…

Summer's winding down, kids are back in school (or about to be), and suddenly everyone's asking what happened to June.

If your business paperwork took the lazy-summer approach, no judgment. We're just here to help you get it back on track before Q4 sneaks up.

What's one thing on your business to-do list that's been sitting there since June?

Tax planning season is almost here. πŸ“…The smartest tax moves don't happen in April, they happen right now, while there's ...
08/24/2026

Tax planning season is almost here. πŸ“…

The smartest tax moves don't happen in April, they happen right now, while there's still time to change the outcome. Adjusting payments, timing income, maximizing contributions... once January hits, those options disappear.

We break down what tax planning season means for Franklin business owners in our latest blog here: https://www.denisestubbscpa.com/post/tax-planning-season-franklin-nc

Ready to get ahead of it? Reach out today.

Meet Walter! This gentle senior German Shepherd/Husky mix is looking for his forever home in Franklin, NC. At 8+ years o...
08/21/2026

Meet Walter! This gentle senior German Shepherd/Husky mix is looking for his forever home in Franklin, NC. At 8+ years old, Walter is a large, sweet boy still getting settled in at the shelter, and his story is still being written. He's spayed/neutered, vaccinated, and ready to find his people.

Walter is available through Macon County Animal Services in Franklin, NC. Please contact the shelter about the adoption fee. Call (828) 349-2106 or email [email protected] to learn more.

Share to help him find his forever home!

Tax Trivia Thursday! 🧠Q: What everyday grooming habit once came with its own federal tax stamp?A: Believe it or not, the...
08/20/2026

Tax Trivia Thursday! 🧠

Q: What everyday grooming habit once came with its own federal tax stamp?

A: Believe it or not, the U.S. government taxed cosmetics and perfumes during World War II to help fund the war effort. The tax stuck around long after the war ended, and a version of it wasn't fully phased out until decades later.

We'll be back with more trivia next Thursday!

Ever wonder what actually happens after you drop off your tax documents? πŸ“‚Behind the scenes, our team is cross-checking ...
08/18/2026

Ever wonder what actually happens after you drop off your tax documents? πŸ“‚

Behind the scenes, our team is cross-checking every form, running the numbers a second time, and looking for deductions you might not even know you qualify for. It's not just data entry, it's making sure nothing gets left on the table.

If you've ever been curious what goes on between "I dropped off my documents" and "your return is ready," now you know a little more. 😊

Leaf season is coming up this Fall, and for a lot of Franklin businesses, the next couple of months are the busiest of t...
08/17/2026

Leaf season is coming up this Fall, and for a lot of Franklin businesses, the next couple of months are the busiest of the year. Before the rush hits, now's a good time to get your books caught up. πŸ‚

We just wrote a blog post with a few things worth checking before the crowds arrive: sales tax on a revenue spike, seasonal hiring paperwork, and keeping cash and card sales straight when the shop is full.

Read it here: https://www.denisestubbscpa.com/post/franklin-nc-leaf-season-bookkeeping-tips

Tax trivia! What year was the modern federal income tax established?A) 1899B) 1913C) 1929D) 1945Answer: B! The 16th Amen...
08/13/2026

Tax trivia! What year was the modern federal income tax established?

A) 1899
B) 1913
C) 1929
D) 1945

Answer: B! The 16th Amendment was ratified in 1913, giving Congress the power to levy an income tax without dividing it among the states based on population.

Before that, the federal government relied mainly on tariffs and excise taxes to fund itself.

Fun facts aside, taxes today are a lot more complicated than they were back then. If yours feel that way too, we're here to help make sense of it. πŸ“ž

Address

98 Hyatt Road
Franklin, NC
28734

Alerts

Be the first to know and let us send you an email when Denise Stubbs CPA posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Denise Stubbs CPA:

Shortcuts

Share