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Karen Durda

President, Enrolled Agent, Century Accounting and Tax Services, Inc.
BIO

Karen S. Durda, EA, President of Century Accounting and Tax Services, Inc., has been in the profession since 1984. As an Enrolled Agent credentialed by the Treasury Department, she has the rights as afforded by Congress to represe  

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Financial
Jul 2, 2018

What Will the Postcard Tax Form Mean for 2018 Filings?

Treasury Secretary Steven Mnuchin released his statement that the “new” individual tax return for 2018 will be released in its draft form this summer.   Touted as the postcard tax f ...

Financial
Jun 19, 2018

Be Financially Prepared for Hurricane Season

We have entered the dreaded “hurricane season” and, while the sky and sea remain clear, we must think ahead and make plans.   Thus far, the eastern North Carolina area where we live ...

Financial
May 17, 2018

Where to Turn for Tax Debt Relief

You owe the government thousands of dollars in taxes, and you have no idea how you are going to pay them.   You want to make an offer to the Internal Revenue Service to pay off back taxes and s ...

Financial
May 1, 2018

Do You Owe the IRS?

Spring brings so many happy days.   Birds are singing. Flowers are blooming. The weather is warmer. The IRS is calling demanding their money…   Wait, what?   No, the IRS ca ...

Financial
Apr 20, 2018

Beware the New Tax Laws!

Didn’t we just file our 2017 taxes?   Yes, we did and now is the perfect time to make sure you are not going to be surprised when you file the 2018 returns. Planning and review of your pa ...

Financial
Apr 6, 2018

Tax Day is April 17... Are You Ready?

Tax Day has been canceled… April Fools’! Seriously, this year the tax filing deadline for individuals to file or submit an extension is April 17. Why? The 15th is a Sunday and th ...

Financial
Mar 20, 2018

Filing Taxes After a Loved One's Death

As a professional in the accounting and tax field, I have many clients, especially this time of year, that may have lost a spouse or business partner due to death.   Like the old saying sometim ...

Financial
Mar 6, 2018

Keeping Good Records, Bookkeeping and Knowing the Difference

The hardest distinction by far for many of my new business clients - and sometimes tax clients - is the difference between keeping records and having bookkeeping in place.   We do these things ...

Financial
Feb 19, 2018

What to Do if You Don't Have a W-2

It’s the middle of February, and what question is on our minds as clients call asking for an appointment or if they can start dropping off their tax papers - Do they have all of their W2s? &nb ...

Financial
Feb 8, 2018

Advice for Filing 2017 Tax Returns

I'm going to step aside from the new tax laws for a moment and share what is happening with the 2017 tax returns that we professionals are doing right now.   Since Jan. 29, the IRS and most ...

Financial
Jan 19, 2018

New Tax Rules: A Q&A

Many questions came to us during the conferences that cobbled together two bills, and we had no answers.   In the next few articles I will simplify the tenants that are the most common to indiv ...

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2018 Power Breakfast - Dishing on the Restaurant Biz
2018 WilmingtonBiz Expo - Keynote Lunch with Eric Dinenberg, Rouse Properties
2017 Health Care Heroes