Much of the surge in North Carolina income tax collections this spring can’t be counted on to repeat in 2020 and 2021, state government economists said Tuesday. That could limit options on further spending or tax breaks in...
Read More
Every week on “The Financial Symphony,” John Stillman answers your retirement planning questions...
Read MoreTreasury Secretary Steven Mnuchin has made it official: The administration won’t be turning President Donald Trump’s tax returns over to the Democratic-controlled House. Mnuchin told Ways and Means Committee Chairman...
Read MoreNorth Carolina tax officials are ready to start accepting individual tax returns from residents. The North Carolina Department of Revenue said it will open the 2019 individual income tax season Monday. That’s the same day...
Read MoreThe Orange County Tax Office has modified its procedures for returning Tax Listing Forms. In the past, residents were not required to return their forms if they did not make any property changes. Now, chair of the Orange County...
Read MoreNorth Carolina is again cutting personal and corporate income tax rates. A law passed by the Republican-led General Assembly takes effect Tuesday reducing the state tax on personal wages and other earnings from about 5.5 percent...
Read More
The Chapel Hill Town Council voted unanimously last week to adopt the budget for the next fiscal...
Read More
The Chapel Hill Town Council is working to finalize how much taxes will increase in the budget for...
Read MoreNorth Carolina’s tax collectors are refunding money to thousands of taxpayers whose electronic payments were wrongly subtracted twice from their bank accounts. The Department of Revenue said Thursday the error happened because a...
Read MoreEvery eight years, North Carolina requires all counties to revaluate properties. This establishes a fair market value for all homes in the state. Orange County will conduct property revaluations for the first time since 2009...
Read More