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North Carolina Declares Cash Register Zappers Contraband

by | Jul 31, 2013 | Tax

Originally published on Forbes.com July 31st, 2013 If you are in North Carolina and have a zapper you better unload it before December.  After that, if you are caught with one you could be guilty of a Class H felony and subject to a fine of up to $10,000.  The more...
Pastor Loses Parsonage Exclusion To Poor Planning

Pastor Loses Parsonage Exclusion To Poor Planning

by | Jul 31, 2013 | Tax

Originally published on Forbes.com July 31st, 2013 Reverend Ricky Williams asked the Tax Court to allow him to exclude $33,126 of his $101,733 compensation as a housing allowance.  The Tax Court said no, but if you are not familiar with Code Section 107, you might be...
Would Eliminating The Property Tax Deduction Be A Big Deal?

Would Eliminating The Property Tax Deduction Be A Big Deal?

by | Jul 30, 2013 | Tax

Originally published on Forbes.com July 30th, 2013 This just in from the Tax Foundation: This week, the Senate Finance Committee is considering the elimination of major tax expenditures as a starting point for a comprehensive reform effort, including the property tax...
Woman CPA Sees Little Progress In A Generation

Woman CPA Sees Little Progress In A Generation

by | Jul 29, 2013 | Tax

Originally published on Forbes.com July 29th, 2013 Now that I am doing a third post on the subject, maybe I can call it a series on why women are underrepresented in the high places of public accounting.  In the last installment we heard from   Diane Gilabert, who is...
Hard For Snow Birds To Avoid New York Tax

Hard For Snow Birds To Avoid New York Tax

by | Jul 29, 2013 | Tax

Originally published on Forbes.com July 29th, 2013 Florida is the state tax haven of the East Coast.  My covivant was just telling me that one of her contra dancing partners was trying to make a case for New Hampshire, because New Hampshire makes it easier for you to...