Articles

7 10, 2017

Dancing with the Little Pink Stars

By | 2017-07-31T15:15:36+00:00 October 7th, 2017|0 Comments

Come check out Brad Moser dance with the Little Pink Stars.  This event is to benefit Little Pink Houses of Hope.  Their mission is "To promote breast cancer recovery by offering opportunities for survivors to reconnect and celebrate life." This organization is close to Brad's heart.  He knows the impact of breast cancer personally as [...]

28 09, 2017

Hobby or Business?

By | 2017-10-05T11:13:10+00:00 September 28th, 2017|Articles|0 Comments

Once people start making money from their hobbies, they frequently start to deduct all of their hobby-related expenses. At this point, the IRS can become very interested in the nature of the taxpayer’s hobby/business. There are certain tax guidelines to keep in mind.Once people start making money from their hobbies, they frequently start to [...]

28 09, 2017

Don’t Wait To Lower Your Taxes

By | 2017-09-28T13:22:34+00:00 September 28th, 2017|Articles, Business Taxation, Manufacturing, Not For Profit|0 Comments

Don’t let the hustle and bustle of the holiday season keep you from exploring ways to minimize your 2017 income-tax liability. Waiting too long can prevent you from using planning moves that can help reduce your tax bite. Save More, Pay Less Increasing your pretax contributions to an employer-sponsored retirement plan may help you [...]

28 09, 2017

Governor Cooper Grants Grace Period – Sales Tax Base Expansion Protection Act

By | 2017-09-28T13:11:37+00:00 September 28th, 2017|Articles|0 Comments

This new law defines a grace period for retailers who might have been caught up in the confusion of the changing Sales & Use Tax laws.  According to the new statute, the Department of Revenue shall take no action to assess any taxes due for the filing period from March 1st, 2016 through January [...]

14 09, 2017

Internal Revenue Service Resources for Nonprofit Organizations

By | 2017-09-15T08:58:49+00:00 September 14th, 2017|Articles, Not For Profit|0 Comments

The Internal Revenue Service (IRS) has valuable and interesting guidance and resources available for nonprofit organizations.  Their goal is to make sure your nonprofit stays tax-exempt and complies with filing and reporting requirements. Here are links to the top resources for your reference: Compliance Guide:  IRS Publication 4221 highlights basic information on everything from [...]

14 09, 2017

IRS Requirements for Public Charities:

By | 2017-09-15T08:59:18+00:00 September 14th, 2017|Articles, Not For Profit|0 Comments

What documents must you make available to the general public? As a public charity, the Internal Revenue Service (IRS) requires your nonprofit organization to make several documents available, should they be requested.  If a request is made in person, you are asked to provide this promptly. If the request is written, you have 30 [...]

14 09, 2017

Are You in Legal Compliance in North Carolina?

By | 2017-09-15T08:59:56+00:00 September 14th, 2017|Articles, Not For Profit|0 Comments

Use this checklist prepared by the North Carolina Center for Nonprofit Organizations, Inc. to be sure you’re complying with selected laws that govern 501(c)(3) nonprofits in North Carolina. This is not a complete list, but it’s a great start! It's in chart format to make it easy for you to follow. For more information on [...]

31 08, 2017

Governor Cooper Signs Additional Tax Changes Into Law

By | 2017-08-31T13:14:37+00:00 August 31st, 2017|Articles|0 Comments

Senate Bill 628 was signed into North Carolina law by Governor Cooper on August 11, 2017 with various changes to business and individual taxes.  All provisions, unless stated otherwise, are effective as of this date. Read this article for a summary of income, franchise and sales tax law changes made by this legislation: Filing [...]

31 08, 2017

Make Sure Your Tax Payments are on Track

By | 2017-08-31T12:14:10+00:00 August 31st, 2017|Articles|0 Comments

The IRS doesn’t wait until returns are filed to collect income taxes from taxpayers. Most people are required to pay tax during the year by making quarterly estimated tax payments to the IRS or having their employers withhold income taxes from their paychecks. It’s important to pay at least as much estimated tax as [...]

17 08, 2017

Alamance Community College Day

By | 2017-08-24T15:12:36+00:00 August 17th, 2017|GCM News|0 Comments

Gilliam Coble and Moser celebrates Alamance Community College Day on Friday, August 25, 2017. To learn more about Alamance Community College Day visit their website. Pictured below are GCM's current employees who are Alamance Community College Alumni - Amy Steffen, Cheryl Carden, Crystal Payne, Lacey Way and Marti Asher. [...]