Landmark Marriage Equality Case Could Simplify Tax Filing for Same-Sex Spouses
Yesterday, the Supreme Court heard oral arguments in Obergefell v. Hodges, a case involving four state-wide bans on same-sex marriage....
IRA Distributions Includible in Gross Income
A taxpayer’s honorable conduct has no bearing on the taxable status of retirement account payments In Morris v. Commissioner, T.C. Memo....
Achieving a Better Life Experience (ABLE) Act and Special Needs Trusts
Achieving a Better Life Experience (ABLE) Act and Special Needs Trusts Comparison The ABLE act: A new way for clients with disabled...
Federal Estate Tax: Basics and 2015 Update
What is the Federal Estate Tax? The Federal Estate Tax is a tax on your right to transfer property at your death. It consists of an...
North Carolina S Corporation: Advantages and Disadvantages
An "S Corporation" is a corporation that elects to be taxed under Subchapter S of the Internal Revenue Code. As a legal entity, the S...
North Carolina Business Entities
The state of North Carolina allows for several different forms of business. The choice of a business entity affects liability, taxation,...
Asset Purchase vs. Stock Purchase: Some Advantages & Disadvantages
Early in the process of buying or selling an existing business, both Buyer and Seller must come to an agreement about how the transaction...
