Donate to Haiti – Get Instantaneous Tax Deduction on 2009 Tax Return
Thursday, March 25th, 2010Raleigh NC CPA In a recent email news item I made the distinction that the natural disaster that occurred in Haiti 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, there are rumors that said people are able to make a deduction for contributions to Haiti on the current [...]
Donate to Relief in Haiti – Get Immediate Tax Deduction on 2009 Return
Saturday, March 13th, 2010Raleigh NC CPA In a recent email news item I made reference to the fact that the Haiti disaster is now a qualified disaster according to the IRS (http://www.irs.gov/newsroom/article/0,,id=218615,00.html). I said in the email that the IRS was rumoring that people are able to take a deduction for contributions to Haiti on this year’s (2009) [...]
A Short Timeline of Taxation of the United States, Section 3
Tuesday, January 12th, 2010Raleigh NC Accountant W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes… So, what went wrong with the tax system in the US? US tax makers have been reaping what they have been sowing for quite a while. Our honor system has been replaced by a [...]
A Brief Timeline of Taxation Practices of the USA, Chapter One
Wednesday, January 6th, 2010Raleigh NC CPA 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 federal government’s revenue was derived from tax on alcohol and tobacco. During the Civil War there was a short income tax, but it wasn’t until 1913 [...]
A Brief Timeline of Tax Law of the USA, Section 2
Tuesday, January 5th, 2010W. 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 create the Confederate States of America with a rewritten constitution to check the power of their newly formed government to tax. 1862 – [...]
The Lesson in Tax Practices, Chapter 9: Taxation, the Slaves, and the Civil War
Thursday, December 31st, 2009Raleigh NC CPA 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 Could there be any doubtful thoughts about this topic? Of course the American Civil War was about slavery… was it [...]
The History of Taxation, Part Eight: Tax Law and The Boston Tea Party
Wednesday, December 23rd, 2009Raleigh NC Accountant W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes… Ah…. finally a historical event clearly about abusive taxes. Was the Boston Tea Party a protest concerning the British tax on tea, as we were all taught? No, not one bit. The colonies had [...]
The History of Taxation Practices, Part Seven: Taxation and The American Revolution
Wednesday, December 23rd, 2009Raleigh NC CPA W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes… There has been no modern revolution that was more solidly based in tax problems. Tax issues not only caused it, but assisted in providing unity for the unorganized and squabbling colonies. However, maybe not [...]
A Lesson in Tax Law, Section 6: Tax and End of the Romans
Saturday, December 19th, 2009W. Marc Gilfillan W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes… Mithridates the Great was the leader of a small country near what is currently known as Turkey. He had an extraordinary power to rouse discontent with disgruntled taxpayers. In 88 BC he led a [...]
A History of Taxation Practices, Part Five: Taxation and The Roman Empire
Sunday, December 13th, 2009W. Marc Gilfillan W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes… Finally moving away from the Greeks, we now come to the Romans. Scholars often speak of Roman taxation as “more or less legal robbery” and Roman tax men as “a bunch of thieves.” However, [...]
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