Lewellen

May 31, 2024

The ABCs of LLCs (and C and S Corps, Too)

An entrepreneur’s choice of business entity type affects everything from taxes to legal liability. Poole College scholars analyze the options for organizing.

May 31, 2024

Gambling Taxes Hit Low-Income Bettors Hardest

North Carolina taxes online gambling winnings, but losses aren’t deductible. That hits low-income payers hardest, a Poole College professor says.

May 8, 2024

Poole Researchers Uncover Tax Costs of Gambling

N.C. gamblers may pay taxes on bets, win or lose. A 2015 law is the reason, Poole scholars say.

May 8, 2024

Why Does N.C. Tax Online Sports Bets Differently? Poole Explains.

In reporting from ABC-11 News, Poole College researchers explain why North Carolina taxes online and in-person sports gambling winnings differently. The distinction, said associate economics professor Nathan Goldman, is in what constitutes a gambling “session.” In a casino, a session begins when you walk in and ends when you cash out. It could contain multiple…

May 4, 2024

N.C. Gov. Cooper Weighs In on Sports Gambling Research by Poole College’s Goldman, Lewellen

After the Poole College researchers revealed the implications of North Carolinians being unable to itemize their gambling losses, N.C. Gov. Roy Cooper calls for the state's legislature to "fix" the issue.

Apr 28, 2024

Poole Researchers Reveal Tax Implications of Sports Betting in North Carolina

A TV news segment highlights research by economists Nathan Goldman and Christina Lewellen on the tax implications of sports betting in North Carolina.

Apr 24, 2024

An Unexpected Tax Burden: How North Carolina Will Tax Your Gambling Income Even if You Have Net Losses

Poole College's Nathan Goldman and Christina Lewellen examine the implications of North Carolinians being unable to itemize their gambling losses and what that means for them as they bet on sports in North Carolina.

Oct 23, 2023

The Tax Implications of Closing Business Operations

Poole College's Nathan Goldman and Christina Lewellen discuss important factors that can affect the tax treatment of business dispositions and help business owners avoid tax surprises. 

Aug 1, 2023

Taxation in North Carolina and the 2023-25 State Budget

Poole College's Nathan Goldman and Christina Lewellen examine the current state of taxation in North Carolina to shed light on whether lowering state taxes appears to be a reasonable path to revenue neutrality.

Jun 21, 2023

The Taxation of ‘Abandoning Ship’ — An Examination of Disney’s Abandonment of the Galactic Starcruiser Adventure

Associate Professors of Accounting Nathan Goldman and Christina Lewellen examine the tax implications of Disney shutting down the theme park attraction.