NC Income Tax
2017 North Carolina Tax Law Changes
Changes to tax rates in North Carolina became effective on January 1, 2017. The adjustments affect both businesses and individuals. When revising…
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…
North Carolina Retirement Concerns
Climate, cost of living, and amenities generally affect an individual’s retirement destination choice. North Carolina’s convenient location between major cities like Atlanta…
NC Tax Questions for Same-Sex Marriages
Same-sex marriages are not legal in North Carolina, however same-sex couples who reside in North Carolina and were legally married in a…
North Carolina Tax Reform Passes
Last week the House and the Senate both passed the North Carolina tax reform bill. (Bill 998. The Tax Simplification and Reduction Act.)…
3 Things to Consider for Retirement Planning
Without a retirement plan, an individual may diligently contribute to a savings account, but fail to be prepared for the true cost…
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…
Repeal of the North Carolina Estate Tax?
Recently we wrote about North Carolina potentially joining several other states that are repealing state estate tax (or “death tax”). Last week,…
NC Dept. of Revenue issues Directive on $50k Business Income Deduction
North Carolina has a new law, G.S. 105-134.6(b)(22), that grants business owners a deduction of up to $50,000 of their net business…
