Nothing is worse than owing that IRS come April and not just having the money in your bank account. Many a freelance writer will quickly realize themselves in trouble unless they develop a system that ensures they can be setting money aside in a timely manner. Don’t Pay the IRS More than Necessary
While I’m [...]
Raleigh NC Accountant
A few days ago in a email news post I made reference to the fact that the Haiti disaster is currently a qualified disaster says the IRS (http://www.irs.gov/newsroom/article/0,,id=218615,00.html).
And I mentioned in that email, the IRS was rumoring that people would be able to take a deduction for donations to Haiti on this year’s [...]
Raleigh NC Accountant
W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
1861 – After Lincoln was put in office, southerners walk out of Congress and form the Confederacy with a rewritten constitution to curtail the power of their new country to tax.
1862 – The beginning of US [...]
Raleigh NC Accountant
W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
Ah…. finally an event in history clearly about oppressive taxation. Was the Boston Tea Party a protest against the British tax on tea, as we were all taught? No, not at all. The colonies had continuously [...]
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 happened with taxes in the United States?
US tax makers have been collecting what they have sown for a long time. Our honor system has been trumped by a system in which [...]
UK holiday home owners, who rent their house out for a large portion of the year, are to be hit by new stealth taxes in 2010. Around 60,000 holiday home owners will be affected by the new taxes, wth each one being charged an extra £4000 every year.
The taxes will affect those who offer their [...]
Raleigh NC CPA
W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
From 1868 to 1913, about 90% of the national government’s income was derived from tax on alcohol and tobacco. While the Civil War was occurring the government instituted a brief income tax, but it wasn’t until [...]
Raleigh NC Tax Preparation
W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
“Slavery – the one cause of the Civil War.” – John Stuart Mill, 1862
Can there be a doubt about this topic? Of course the American Civil War was about the slavery issue… wasn’t it? Well [...]
W. Marc Gilfillan
W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
Ancient Egypt was not a land of cruel oppressors and miserable slaves – that is only the stigma we get from the tale of Exodus, which came at a time of chaos in Egypt. Actual translations [...]