Tax Law (Questions About Taxes)/Expert Profile

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John Stancil, CPA


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I can answer questions on personal income taxes, partnerships, and some corporate income taxes. I can deal with some state tax questions. Limited gift and estate tax questions. I am also familiar with ministerial and church tax reporting issues. I am Professor Emeritus at Florida Southern College. Sales taxes and property taxes are state and local issues so I am not likely be be able to give you an in depth answer on those types of taxes. I have maintained a CPA practice, specializing in tax, for over 35 years. I am a member of the National Association of Tax Professionals, The Florida Insititute of CPA's, The NCPE Fellowship, and the Institute of Management Accountants. Visit my website at I also offer seminars and consultations to churches and clergy on their tax issues at Also visit my blog, I am listed on Tax Connections at Prepare and file your own taxes at

Experience in the area

I hold a doctorate in Accounting, and three professional certifications: CPA, CMA,and CFM. I passed all certification examinations on the first attempt, and received honorable mention for my scores on the CIA exam. I have operated a CPA firm for over 35 years and have taught accounting and tax at the college level for over 35 years.




The CPA Journal, Florida CPA Today, Green Consumer, Green Business, Global Sustainability as a Business Imperative, Palmetto Review, NATP TaxPro Quarterly, Mustang Journal of Finance and Accounting.


DBA University of Memphis MBA University of Georgia BS in Accounting Mars Hill University

What do you like about this subject?

I enjoy the dynamic nature of taxation, and the fact that it is always changing. I also enjoy helping citizens minimize their taxes, so they only have to pay the legally required minimum amount.

What do you still hope to achieve/learn in this field?

One can never know all the tax law, so I hope to increase what I do know, and keep up with relevant changes in the law.

Something interesting about this subject that others may not know:

It was not until WWII that the income tax became a mass tax. Prior to that time, only the very wealthy paid income taxes.

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Alex09/17/14101010Hello John, I really appreciate your quick .....
Sennie09/16/14101010Thanks so much for your help.
Mona09/15/14101010Lightning fast answer. Thanks so much for .....
Sennie09/15/14101010Thank you very much for your help .....

Recent Answers from John Stancil, CPA

2014-09-20 Tax advice:

Lawrence,    Thanks for your question.    Judgments and awards for physical injury are not taxable, you do not need to report them on your return at all. However, you cannot take a deduction for any of

2014-09-15 capital loss rollover question:

Mike,    Thanks for your question.    Each year you can apply the loss carryforward to any capital gains in that year, plus $3,000.  The $3,000 should be applied even if you can't use it in that particular

2014-09-15 stock sales:

Mona,    Thanks for your question.    Technically, you should have taken the losses when the stocks became worthless. If that happened in the last three years (which does not appear to be the case) you

2014-09-14 Moving Deduction:

Jerry,    Thanks for your question.    The shipping crate, as well as the cost of shipping your dog, is deductible.  However, the rabies titer is not deductible.  About 1998, the IRS severely restricted

2014-09-14 depreciation:

Sennie,    Thanks for your question.    It would be more simple if you depreciated then individually. That way, if an asset was retired, lost, or whatever before the end of its depreciable life, you would


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