1-800Accountant, America's leading virtual accounting firm for small businesses in the Charlotte area, offers seamless end-to-end bookkeeping and accounting services handled by experts designed to give you peace of mind and the extra time you need to focus on building your business.
Business Tax Preparation: Navigating the complexities of taxes in Charlotte can be daunting, but our team of CPAs with an average of 17 years of industry experience has got you covered. Let us handle your business tax preparation and filing, saving you thousands annually while ensuring full compliance with North Carolina's intricate tax laws.
Bookkeeping: Maintain a solid financial foundation and gain invaluable insights into your cash flow with our meticulous bookkeeping services. Our error-free bookkeeping process, coupled with easy-to-understand reporting, empowers you to make data-driven decisions for your Charlotte-based business. This comprehensive approach provides your accountant with the essential tools for developing robust financial models.
Tax Advisory: Tax considerations don't end with the April deadline. Our affordable tax advisory service ensures you receive year-round guidance from a dedicated small business CPA, minimizing your tax liability in North Carolina through strategic planning and ensuring seamless compliance.
Payroll: Streamline your payroll process and save valuable time with our comprehensive payroll services. We handle regular tax submissions to the city of Charlotte, ensuring accuracy and freeing you to focus on driving your business forward.
Business Formation: Unlock the advantages of officially establishing your business in North Carolina with our complimentary incorporation services. Simply cover any Charlotte fees, and we'll manage the rest, setting you on the path to hiring employees, creating a business bank account, and maximizing tax savings through an optimized business structure.
Level | Rate |
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State Tax Rate | 4.75% |
County Tax Rate | 2% |
Municipal Tax Rate | None |
Combined Sales Tax Rate | 7.25% (includes 0.5% Mecklenburg Co Public Transportation Tax) |
City-Specific Taxes |
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0.5% Mecklenburg Co Public Transportation Tax |
To register for payroll in North Carolina, you have to file two applications:
Licenses and Permits |
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1. Form NC-BR for a withholding number or done online |
2. Form NCUI 604 for unemployment insurance or done online here |
Grants and Funding in Charlotte | Grants and Funding Information |
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Meck Lending Small Business Loan Program | Mecklenburg County's Meck Lending Small Business Loan Program offers loans up to $75,000 with favorable rates and terms for small businesses and startups. |
Charlotte Small Business Growth Fund | The Charlotte Small Business Growth Fund can help Charlotte businesses access loans up to $250,000 with favorable fixed interest rates. |
When choosing an accountant or bookkeeper for your North Carolina small business, you should consider the following factors:
Certifications and State Compliance: Ensure the accountant or bookkeeper has the right title and certifications, such as working as a CPA. They should also be fluent in North Carolina's specific tax regulations and compliance requirements.
Experience and Specialization: Search for professionals with experience in your specific industry. Specialized knowledge is crucial for managing industry-specific financial matters and for strategic long-term planning.
Understanding of Local Economic Conditions: Opt for a professional who understands the local economic environment in Charlotte. This includes familiarity with the state's prominent industries, such as banking, energy, and technology, as this knowledge can impact financial decision-making and tax planning.
Knowledge of State Tax Incentives: North Carolina offers business-friendly tax incentives, including credits for job creation, capital investment, and specific industry advantages. A knowledgeable financial professional can help navigate these incentives and make recommendations to minimize your tax burden.
Charlotte, North Carolina, is one of America's oldest cities and also known as the "Queen" city. It has also been one of the fastest-growing, adding nearly 900,000 new residents over a decade starting in 2004, bringing its current population to just under three million. Some of those newer residents, including entrepreneurs and small business owners, moved to Charlotte to participate in its growing economy and lower cost of living compared to other leading metropolitan areas. Industries that drive Charlotte's diverse economy include banking, manufacturing, and transportation. Find out how our tax professionals can help your Charlotte-based business grow.
Whether it's the history, culture, or cuisine, Charlotte offers many reasons for full-time residents and families to enjoy it. Charlotte is a passionate sports town with a twist. In addition to numerous traditional sports, it also has deep roots in stock car racing, which can be experienced at the NASCAR Hall of Fame. Other museums, including the Charlotte History Museum and the Levine Museum of the New South, are perfect for experiencing the best of Charlotte. Being out and about in Charlotte wouldn't be complete without eating at one of the city's BBQ restaurants or enjoying an award-winning craft beverage.
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.