NC Gift Tax
Tax Planning for Family Loans
Lending money to a relative might happen once, twice, or several times throughout one’s lifetime. How often has an individual loaned money…
Avoid Charity Frauds
Many people in North Carolina try to take advantage of year-end tax deductions, including tax-deductible contributions to charities. Legitimate charities help serve…
Avoid Charity Frauds
Many people in North Carolina try to take advantage of year-end tax deductions, including tax-deductible contributions to charities. Legitimate charities help serve…
NC 529 College Savings Deduction Repealed 2014
The North Carolina state tax deduction for contributions made to 529 College Savings Plans will be repealed effective January 1, 2014. Before this date,…
Same-Sex Marriages Recognized by Jurisdiction of Ceremony
Last week the Internal Revenue Service announced that valid same-sex marriages will be recognized for federal tax purposes based on the where…
3 Tax Benefits of Education Trusts
TrustCounsel’s Gregory Herman-Giddens will present ‘Education Trusts and 529 Plans: Estate Planning Strategies for College Savings’ On September 5th in a 60-minute…
Checklist for Estate Planning in 2013
Now that the year is halfway over and theAmerican Taxpayer Relief Act’s (ATRA) “permanent” changes may be altered once again—and North Carolina…
North Carolina to Reform Gift Tax?
On February 15, 2007, bill H235 was introduced in the North Carolina General Assembly to reform the North Carolina gift tax so…
