Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for Sheffield, Susie E
Currently viewing results 1 - 2
The scope of the Tax Reform Act of 1986 is remarkably broad, affecting practically every taxpayer, and many will face new tax-planning decisions. This article summarizes some of the more significant changes in tax law affecting individuals and businesses in North Carolina. Some of these changes pertain to tax rates, tax credits, personal exemptions, income, and itemized deductions.
The Tax Reform Act of 1986 makes substantial changes in the ways that corporations are taxed. This article summarizes some of the more significant changes in business taxes. Some of the changes pertain to corporate tax rates, depreciation methods and the investment tax credit, capital gains, alternative minimum tax, and the General Utilities Doctrine.