Personal income tax
Individual, household and multi-state returns prepared to get you the best result the law allows.
- Form 1040
- Multi-state
- Itemised deductions
- Amended returns
Greensboro, North Carolina · Since 1995
Here for you,
not just your taxes.
Personal and small business tax preparation on Summit Avenue. Open all year, not just tax season.
Since 1995
Serving Greensboro
9‑3
Mon to Fri, Sat by appointment
e‑file
Filed electronically
Year‑round
Open after April 15
Who are we?
Pegues & Associates DBA TWC Financial is a tax preparation and accounting firm at 615 Summit Avenue in Greensboro, North Carolina, owned by Fredrick W. Pegues. The firm has served the Triad since 1995.
What do we do?
We prepare personal income tax returns and small business and LLC returns, and we handle bookkeeping, payroll support, quarterly filings and year-round tax planning for local businesses.
How do you start?
Call (336) 274-4788 or send the appointment form. Bring your ID, Social Security cards and income documents. Most personal returns are reviewed and e-filed in a single visit.
What we do
Tax work handled by people you can actually go see.
No call centre and no seasonal pop-up in a shopping plaza. The same team prepares your return, reads the letter you got in the post, and picks up the phone next January.
Small business accounting
The benefits of a large accounting firm with the attention of a neighbour. Clean books, quarterlies on time.
- Bookkeeping
- Payroll support
- Quarterly filings
- W-2 & 1099
Business tax returns
Full-service preparation for LLCs, sole proprietorships, partnerships and small corporations.
- Schedule C
- LLC & partnership
- S-corporation
- Self-employment tax
Tax planning
Decisions made in June change what you owe in April. We plan the moves while they still count.
- Estimated payments
- Year-end planning
- Entity selection
- Withholding
Also available
Ask about thisPay your preparation fee from your refund
We offer bank products that let qualifying clients settle the tax preparation fee out of the refund instead of paying up front. Ask us whether you qualify when you book.
How it works
Three steps, one visit.
STEP 01
Book your time
Call the office or send the form. Tell us whether it’s a personal return, a business return, or both, so we set aside the right amount of time.
STEP 02
Bring your documents
Photo ID, Social Security cards for everyone on the return, and your income forms. We send the full checklist when you book.
STEP 03
Review and e-file
We walk you through the return line by line before anything is submitted. Once you’re satisfied we file it and you leave with a copy in hand.
Meet the owner
Fredrick W. Pegues
Fredrick W. Pegues owns and runs Pegues & Associates DBA TWC Financial on Summit Avenue. He built the practice around a simple idea: people deserve to understand their own return before they sign it.
That means no rushing you through a form you didn’t read, no guessing at numbers, and no disappearing after April 15th.
From our clients
Greensboro has been coming here since 1995.
★★★★★
“Real client review goes here once we pull them from Google.”
Client name · Greensboro, NC
★★★★★
“Real client review goes here once we pull them from Google.”
Client name · Greensboro, NC
★★★★★
“Real client review goes here once we pull them from Google.”
Client name · Greensboro, NC
Questions
Straight answers before you come in.
How much does tax preparation cost?
Pricing depends on which forms your return actually needs. A single W-2 return costs less than a return with a business schedule, rental income or multiple states. We quote you before we start work, so you know the number in advance.
How long does it take to get my refund?
The IRS issues most refunds within 21 days when you file electronically and choose direct deposit. Paper returns take longer, and returns claiming certain credits are held until later in the season by law.
What do I need to bring to my tax appointment?
Photo ID, Social Security cards for everyone listed on the return, and all your income documents — W-2s, 1099s, and business records if you are self-employed. Also last year’s return and any IRS letters.
Are you open outside of tax season?
Yes. The office is open Monday to Friday, 9:00 a.m. to 3:00 p.m. year round, with Saturdays by appointment. Tax questions do not stop on April 15th, and neither do we.
Let’s get your return done properly.
Book a time that suits you, or ring the office between 9 and 3 and speak to someone straight away.
Home/Services
Everything we do, in one place.
Personal returns, business returns, the bookkeeping behind them, and the planning that happens before any of it. All from the same office on Summit Avenue.
01 — Individuals
Personal income tax
Individual, household and multi-state returns, prepared to get you the best result the law allows.
We prepare individual and business returns for households and small businesses across the Triad. Every return is reviewed with you line by line before it is filed, and every one is submitted electronically so your refund moves as quickly as the IRS allows.
Who this is for
- Anyone filing a straightforward W-2 return who wants it done right and done once
- Households with several income sources, dependants or education credits
- People who moved during the year or work across state lines
- Anyone who has fallen behind and needs prior years brought up to date
What to bring
Photo ID, Social Security cards for everyone on the return, and every income document you received. Bring last year’s return if you have it, plus any letter the IRS has sent you. If you are not sure whether something matters, bring it.
What this covers
- Form 1040
- Multi-state
- Itemised deductions
- Education credits
- Amended returns
- Prior-year filings
02 — Business
Small business accounting
The benefits of a large accounting firm with the attention of a neighbour who knows your name.
Most small business owners do not have an accounting problem in February. They have a bookkeeping problem from the previous May that only shows up in February. We keep the books current through the year so filing season is a review rather than a reconstruction.
What we handle
- Bookkeeping — monthly or quarterly, kept current so nothing piles up
- Payroll support — getting people paid correctly and on schedule
- Quarterly filings — estimated payments and payroll returns, on time
- Financial statements — the numbers you need for a bank or a landlord
- W-2 and 1099 preparation — issued before the January deadline
If you are self-employed and have been keeping receipts in a shoebox, that is a normal place to start. Bring the shoebox.
What this covers
- Bookkeeping
- Payroll support
- Quarterly filings
- Financial statements
- W-2 & 1099
- Catch-up books
03 — Business
Business tax returns
Preparation for LLCs, sole proprietorships, partnerships and small corporations.
For most small business owners the business return and the personal return are the same story told twice. Filing them separately, by different people, is how deductions get missed and how numbers stop matching. We prepare both.
What we file
- Schedule C for sole proprietors and single-member LLCs
- Partnership returns and the K-1s that go to each partner
- S-corporation returns, including reasonable compensation questions
- Self-employment tax and quarterly estimated payments
Deadlines to know
S-corporation and partnership returns are due 15 March, a month before individual returns. Extended business returns are due 15 September. Penalties are charged per partner or shareholder, per month, so time genuinely matters here.
What this covers
- Schedule C
- Partnership returns
- K-1 preparation
- S-corporation
- Self-employment tax
- Late filings
04 — Planning
Tax planning
Decisions made in June change what you owe in April. We plan the moves while they still count.
By the time you sit down to file, almost everything that determines your bill has already happened. Tax planning is the work of getting to that appointment with fewer things you wish you had done differently.
What we look at
- Estimated payments — set to avoid penalties without overpaying all year
- Withholding — a mid-year review so April holds no surprises
- Retirement contributions — what you can still put away, and by when
- Equipment purchases — timing that actually changes the outcome
- Entity selection — whether your structure still fits your income
- Life changes — marriage, a child, a house, a business started or sold
What this covers
- Estimated payments
- Withholding review
- Year-end planning
- Entity selection
- Retirement
- Equipment timing
Also available
Ask about this
Pay your preparation fee from your refund
We offer bank products that let qualifying clients settle the tax preparation fee out of the refund instead of paying up front. Ask us whether you qualify when you book.
Not sure which one you need?
Ring the office between 9 and 3 and describe your situation. We will tell you what applies.
Home/Tax Tips
Tax tips for the season you’re in.
Tax advice goes stale fast. This page follows the calendar instead of sitting still — what matters this quarter, what is coming next, and what has to be done before it passes.
Right now
The next deadline on the calendar
Deadlines do not move because you were busy. If any of these apply to you and you have not started, ring the office — late is expensive in a way early never is.
Next filing deadline
—
Days remaining
Loading…
Don’t wait for the last week. Call the office and we’ll get you on the calendar.
Through the year
What to do, and when to do it.
Four windows. Each one has things that can only be done inside it.
Filing season
January – April- 15 JanuaryFourth quarter estimated payment is due
The last estimated payment for the previous tax year. Paying it late adds interest even if your return ends up showing a refund.
- 31 JanuaryW-2 and 1099 forms must reach recipients
If you employ people or pay contractors, these have to be issued by the end of January. We prepare and file them for business clients.
- 15 MarchS-corporation and partnership returns are due
A full month before individual returns. Penalties here are charged per partner or shareholder, per month.
- 15 AprilIndividual returns and Q1 estimates are due
If you cannot file in time, file an extension — but an extension moves the filing date, not the payment date.
Mid-year
May – August- 15 JuneSecond quarter estimated payment is due
Self-employed income, rental income and investment income all feed into this. If your year is running ahead of last year, the payment should move too.
- Mid-yearReview your withholding while it still matters
Half the year is measurable and half is still changeable. This is the cheapest moment to fix a withholding problem.
- Any timeBring in books that have fallen behind
Catching up four months of records in June costs less than catching up twelve in February.
- Any timeDeal with IRS letters now, not later
Most notices carry a response window. Bringing one in during June gets it read the same week.
Extension season
September – October- 15 SeptemberQ3 estimates and extended business returns are due
Two deadlines share this date. Extended partnership and S-corporation returns land here alongside the third quarterly payment.
- 15 OctoberExtended individual returns are due
The end of the line for the previous tax year. Interest has been accruing since April on anything owed.
- AutumnStart year-end planning before December
Equipment purchases, retirement contributions and entity decisions all take time to arrange.
Year-end planning
November – December- Before 31 DecemberAnything dated this year has to happen now
Equipment placed in service, retirement contributions, charitable giving, deferring or accelerating income — the calendar closes and does not reopen.
- Before 31 DecemberCheck your estimated payments cover the year
If income came in higher than planned, there is still one quarter of room to reduce a penalty.
- DecemberGet your books straight before January
Cleaning twelve months of records in February costs more and slows your filing.
Not sure which of these applies to you?
Ring the office between 9 and 3 and describe your situation. We will tell you what matters and what does not.
Home/IRS News
IRS news, in plain language.
What the IRS has said, what it actually means for your return, and what to do if a letter turns up in your post. If something here does not match what you received, bring it in.
From the IRS
IRS Newsroom- RefundsMost refunds arrive within 21 days
The IRS issues the majority of refunds within 21 days when the return is filed electronically with direct deposit. Paper returns take substantially longer. Returns claiming the Earned Income Tax Credit or the Additional Child Tax Credit are held until later in the season by law, regardless of how early they are filed.
- Refund statusHow to check where your refund is
The IRS “Where’s My Refund?” tool updates once every 24 hours, usually overnight. You will need your Social Security number, your filing status and the exact refund amount from your return.
- ScamsThe IRS will not ring you demanding payment
First contact from the IRS comes by post. The agency does not call threatening arrest, does not demand payment by gift card or wire transfer, and does not ask for card numbers over the phone. If you get a call like that, hang up.
- NoticesEvery IRS letter carries a notice number
It is printed in the top right corner and begins with CP or LTR. That number tells you exactly what the letter concerns and what response is required. Most notices carry a deadline.
- Identity protectionAn IP PIN blocks returns filed in your name
The IRS Identity Protection PIN is a six-digit number that must appear on your return for it to be accepted. Anyone can request one, not only victims of identity theft. It is reissued each year.
- RecordsKeep tax records for at least three years
Three years covers the ordinary period during which the IRS can examine a return. Records supporting property or business assets should be kept for as long as you hold the asset, plus three years after.
Straight from the source
These go directly to the IRS, so you are not chasing them through a search engine.
Got a letter?
Bring it in unopened if you like. We will tell you whether it is genuine, what it wants and by when.
Book an appointmentAn IRS letter is easier with someone reading it beside you.
Ring the office on (336) 274-4788 between 9 and 3, or book a time that suits you.
Home/Staff
The people who’ll be sitting across the desk.
A small team, on Summit Avenue, all year. You will get to know their names, and they will remember yours next season.
Owner
Fredrick W. Pegues
Fredrick W. Pegues owns and runs Pegues & Associates DBA TWC Financial on Summit Avenue. He built the practice around a simple idea: people deserve to understand their own return before they sign it.
That means no rushing you through a form you didn’t read, no guessing at numbers, and no disappearing after April 15th. Whether you are filing a straightforward W-2 return or sorting out three years of records for a growing business, you sit down with someone who will still be here next season.
— Fredrick W. Pegues, Owner
The office
Who you’ll meet.
Iona Noble
Lead receptionist
Iona is the first voice most people hear when they ring Summit Avenue, and the first face they see when they walk in. She keeps the appointment book, knows which preparer you saw last year, and will tell you plainly what to bring so you don’t have to make the trip twice.
In memory
The people this firm was built on.
Their standard is the one we still work to, every filing season.
Clarence O. Williamson Jr.
Founder of the firm. He built a practice where people were treated as neighbours first and clients second, and set the standard the office still works to.
Barbara Bumper
Tax preparer and office manager. She looked after this office and its clients for many years, and generations of Greensboro families knew her by name.
Come in and meet us.
Book a time that suits you, or ring the office between 9 and 3.
Home/FAQs
Straight answers before you come in.
The questions people actually ring and ask. If yours is not here, call (336) 274-4788 between 9 and 3 and ask it directly.
Pricing
How much does tax preparation cost?
Pricing depends on which forms your return actually needs. A single W-2 return costs less than a return with a business schedule, rental income or multiple states. We quote you before we start work, so you know the number in advance.
Can I pay the preparation fee out of my refund?
Yes, in many cases. We offer bank products that let qualifying clients have the preparation fee deducted from their refund instead of paying up front. Ask about it when you book.
Do you charge for a first conversation?
No. Ring the office and describe what you need. If it is a quick question we will answer it. If it needs an appointment we will book one and tell you what it will cost first.
Refunds and filing
How long does it take to get my refund?
The IRS issues most refunds within 21 days when you file electronically and choose direct deposit. Paper returns take longer, and returns claiming certain credits are held until later in the season by law.
How do I check where my refund is?
Use the IRS “Where’s My Refund?” tool. It updates once every 24 hours and needs your Social Security number, filing status and the exact refund amount.
What if I have not filed for several years?
Come in anyway. Unfiled years do not fix themselves, and the sooner they are filed the smaller the penalties tend to be. Bring whatever records you have.
Can you amend a return someone else prepared?
Yes. Bring the return as filed and any documents that were missed. We will tell you whether amending is worth it before you commit to anything.
Your appointment
What do I need to bring to my tax appointment?
Photo ID, Social Security cards for everyone listed on the return, and all your income documents — W-2s, 1099s, and business records if you are self-employed. Also last year’s return and any IRS letters.
How long does an appointment take?
A straightforward personal return is usually done in one sitting. Business returns and returns with several years of records take longer, and we will tell you what to expect when you book.
Do I need an appointment, or can I walk in?
Appointments are better, especially between January and April. Walk-ins are welcome when we have a preparer free, but booking means you are seen at a set time.
The office
Are you open outside of tax season?
Yes. The office is open Monday to Friday, 9:00 a.m. to 3:00 p.m. year round, with Saturdays by appointment. Tax questions do not stop on April 15th, and neither do we.
Can you file state returns for states other than North Carolina?
Yes. We prepare multi-state returns for clients who moved during the year, work across state lines, or earn income in more than one state.
Do you prepare returns for small businesses and LLCs?
Yes. Sole proprietors, LLCs, partnerships and small corporations, plus the bookkeeping and quarterly filings that go with them.
Where is your office and when are you open?
615 Summit Avenue, Greensboro, NC 27405. Monday to Friday, 9:00 a.m. to 3:00 p.m., with Saturday appointments on request. Call (336) 274-4788.
Still have a question?
Ring the office between 9 and 3 and ask. If it is quick we will answer it on the phone, at no charge.
Home/Contact
Let’s get your return done properly.
Book a time on the calendar, or ring the office directly. Someone is here between 9 and 3, Monday to Friday.
Book online
Pick your own time.
Our calendar is open, so you can see what is free and choose a slot without waiting for a call back. It takes about a minute.
Rather not book online? Ring the office between 9 and 3 and someone will put you straight in the diary.
615 Summit Avenue · Greensboro, NC
Call
Visit
615 Summit Avenue
Greensboro, NC 27405
Greensboro, NC 27405
Email
Hours
Mon–Fri 9:00 a.m. – 3:00 p.m.
Saturday by appointment
Saturday by appointment
Before you come
What to bring with you.
EVERYONE
Identification
Photo ID for you, and Social Security cards for everyone who will appear on the return.
INCOME
Your documents
W-2s, 1099s, interest statements, and business records if you are self-employed. If in doubt, bring it.
HISTORY
Last year and letters
Last year’s return if you have it, plus any letter the IRS or the state has sent you.