2013 Episode 2 - January 11, 2014

SOS... Gilbert can help! Federal taxes mainly affect income. Congress encourages/discourages actions by taxes/deductions. North Carolina recently passed the Tax Simplification & Reduction Act, to be effective for tax year 2014. Exemptions and deductions are changing. Gilbert discusses social security income and tax implications. The most important message: Please consult a tax professional with ANY letter you receive from a taxation agency.