Raleigh NC Tax Preparation
In a recent email news post I made reference to the fact that the natural disaster that occurred in Haiti is currently a qualified disaster according to the IRS (http://www.irs.gov/newsroom/article/0,,id=218615,00.html).
I said in the email that there were rumors that said people are able to take a deduction for contributions to Haiti on [...]

Raleigh NC CPA
W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
So the question remains, what went wrong with taxes in the United States?
US tax makers have been collecting what they have sown for a long time. The honor system has been trumped by a system in [...]

Raleigh NC Tax Preparation
W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
Between 1868 to 1913, about 90% of the national government’s income was derived from taxes on alcohol and tobacco. While the Civil War was occurring there was a short income tax, but it wasn’t until [...]