By: Michele Henderson
Taxes, taxes, taxes! Is there ever a time of year when taxes are not on our minds? We tend to think about taxes even more often as we get closer to the end of the calendar year and it the fourth quarter is almost here! What is on your mind right now?
I know that I have been thinking about the North Carolina tax law changes affecting both individuals and corporations in 2014 and 2015. These changes include decreases in the tax rates for 2014 and 2015. Additionally, in 2015, North Carolina tax payers will be subject to a flat tax and a significant change in itemized deductions and higher standard deductions. These are only a few of the changes. Will there be more? I suspect that I am not the only one asking this question.
Knowing that there are many NCACPA Charlotte Chapter members who are affected personally or professionally by the tax law changes, and love to network, the Chapter has arranged for Karen Bargsley from the NC Department of Revenue to present a North Carolina Tax Law Seminar at our Networking Luncheon. This event will be held on Thursday, September 11, from 11:45 am–1:15 pm at Dressler’s Metropolitan Restaurant in Charlotte.
One thing about Chapter events, it is difficult to schedule them to accommodate everyone’s schedule, but please try to join us for opportunity to hear directly from an NC Department of Revenue representative, an excellent lunch, and meet and chat with others. I find that I always meet someone new at these events!
Interested in attending the Networking Luncheon? Register Now! Be sure to sign up any of your colleagues and clients who might be interested in hearing about taxes or just socializing! You do not have to be a member to attend!
Michele Henderson, PhD, CPA, CGMA, CMA is an accounting professor at Johnson & Wales University in Charlotte, NC. She teaches courses in the University’s BS Corporate Accounting & Financial Analysis program which was recently endorsed by the IMA. Michele’s courses include intermediate and advanced accounting, individual taxation, auditing, accounting information systems, and the senior accounting seminar. She is also a Volunteer Income Tax Assistance trainer.