Nonflowering Plants. Some plants don't produce flowers and seeds. Plants such as ferns and mosses are called nonflowering plants and produce spores instead of seeds. There is also another group called the Fungi, that include mushrooms, and these also reproduce by spores.his process is sometimes called cloning because every new plant is exactly like the parent. One type of cloning uses cuttings --parts of plants that grow into new plants. Both stems and leaves can be used as cuttings. Another kind of cloning is grafting --the joining together of two plants into one.
Cancellation of Debt (COD) Income. Taxpayers in the United States may have tax consequences when debt is cancelled. This is commonly known as COD (Cancellation of Debt) Income. According to the Internal Revenue Code, the discharge of indebtedness must be included in a taxpayer's gross income.
However, the state considers this cancellation of debt taxable income on which North Carolina income tax must be paid. For a full list of changes, please review the North Carolina Notice dated April 1, 2015 found at this link: http://www.dor.state.nc.us/taxes/impactofcodeupdate040115.pdf.s such, educational expenses deducted from the federal return will be subject to North Carolina income tax. Cancellation of Debt Related to Home. In many cases, individuals who had lost their primary homes had their mortgage debt canceled.