If you run a business that delivers property digitally, you need to be aware of a change in the sales tax code effective 1/1/10. NC now charges sales tax on the download or electronic delivery of software, photos, periodicals, and much more. Check out this press release for more information.
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The State of NC had a cash crunch last year when people were filing and requesting refunds. The payments were slow but steady. This year the state seems to be falling into this same scenario due to the slowing economy and tightened budget. So my advice to you, file ASAP and be patient with the state.
Here is the site to check on the state of you NC refund once you have filed.
Here is the site to check on the state of you NC refund once you have filed.
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The courts have ruled against the IRS and allowed a deduction for a sex reassignment operation. While the IRS said this was elective and not medically necessary, the courts said it was necessary based on the psychiatric necessity for the person's mental health. So the take home lesson here is to make sure you have a doctor's order or prescription on file before you take a medical deduction on your tax return.
"O’Donnabhain’s lawyers argued that because gender-identity disorder is a recognized mental disorder that is generally treated with hormones and surgery, the costs are legitimate medical deductions."
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"O’Donnabhain’s lawyers argued that because gender-identity disorder is a recognized mental disorder that is generally treated with hormones and surgery, the costs are legitimate medical deductions."
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