Tax Reform Proposal – Tax Cuts and Jobs Act

On November 2, 2017, the House released a draft of the “Tax Cuts and Jobs Act”.  If passed, this legislation will represent the most substantial tax reform since 1986.  As with most tax reform legislation, the general approach of the bill is broad-based tax rate reduction offset by elimination of...

Important NC Sales Tax Update

A major revision to the North Carolina Sales Tax rules in 2016 created major headaches for many small businesses and consumers.  In August, the NC Legislature passed legislation that is intended to alleviate one aspect of the headache.  No, it is not repeal of the “RMI” provisions (sales tax applicable...

Mike Trefzger

Audit Associate   (919) 872-1260   (919) 518-9815 – Direct   Download my vCard.

Rob Schneider

Senior Audit Manager   (919) 872-1260   (919) 516-9168 – Direct   Download my vCard.

Will Parsons

Audit Associate   (919) 872-1260   (919) 516-9884 – Direct   Download my vCard.

Alexis Decker

Accounting Associate, BRG   (919) 872-1260   (919) 516-9205 – Direct   Download my vCard.

Angela Abu Rahma

Tax Manager   (919) 872-1260   (919) 516-9073 – Direct   Download my vCard.

Stancil & Company Employee Announcement

Stancil & Company would like to proudly announce the following promotions effective January 1, 2017:   Diane Helms has been named Audit Partner.  She has been with the firm since 2006 and formerly held the position of Director of Auditing Services.  Diane has extensive experience performing audits for private entities,...

Congress Delivers a Gift to Small Businesses

President Obama and Congress have delivered a gift to small businesses and nonprofit organizations just in time for Christmas . . . although we are still trying to determine exactly what’s inside the box.  On December 13th, President Obama signed the 21st Century Cures Act, which included a provision for...

New FLSA Overtime Rules Take Effect on Dec. 1st

UPDATE, NOVEMBER 22, 2016 On Tuesday, November 22, 2016, a federal judge blocked implementation of the Obama Administration rule increasing the salary threshold for avoiding overtime from pay of $455/week to pay of $913/week.  With the transition in administrations currently in process, the future of this rule is clearly in...