Income Tax
Tax Planning for North Carolina Business Successions
While transferring business interests can have tax consequences, structuring a business succession plan with regard to tax law can help minimize tax…
10 Things to Ask Your Accountant: Small Biz Webinar
Our tax attorneys in Chapel Hill recently reviewed the advantages and disadvantages of investing or gifting your tax refund, tax issues when…
Invest or Gift This Year’s Tax Refunds?
During tax season, filers try to maximize their deductions. Proper tax planning helps minimize tax due, and could result in a sizable…
Delay Filing: North Carolina Tax Changes Pending
The North Carolina General Assembly will review potential changes to North Carolina income tax laws on January 28, 2015. Filers should wait…
North Carolina 2014 Tax Year Changes to Note
Tax rules for the 2014 tax year. Individuals and businesses across North Carolina are approaching the end of the 2014 tax year….
Pending Court Case May Affect ‘Double Income Tax’
A couple’s case addressing the taxation of out-of-state income by their resident state is currently pending in the United States Supreme Court.Comptroller…
Tax Season Postponed: Use Time to Review 2 Changes
The Internal Revenue Service recently announced a slight delay for the 2014 tax season. As a result of the government shutdown in…
Important Tax Steps for Same-Sex Couples in NC
Even though North Carolina does not grant or recognize same-sex marriages, the Internal Revenue Service announced in August 2013 that same-sex marriages will…
National Estate Planning Awareness Week 2013
Estate Planning Awareness Week Just before the holiday season starts siphoning shoppers’ money out of their pockets and into local economies, estate…
5 Final Hour Tax Filing Errors
Taxpayers make preventable mistakes every year that cause delays with their tax return processing. Knowing what these mistakes are may help you…