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It collects state taxes and administers tax legislation. It also researches taxation and supervises property assessing in the state. [6] It is led by the Secretary of Revenue. Appointed by the governor, the secretary is an ex officio member of the State Tax Review Board and the North Carolina Local Government Commission.
Nearly 21 million people in the U.S. have already received their federal tax refunds, but North Carolina residents are still waiting on money from the state. That’s because the state just ...
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Article V, Chapter 147 of the North Carolina General Statutes grants the state auditor broad authority to examine all documents and financial affairs of all state agencies. The official is also responsible for auditing federal grant programs in the state [ 27 ] and can audit private entities which receive state funds. [ 28 ]
We’ve compiled information about the tax process, including how to file for free, what to do if you can’t pay, how to set up a payment plan and more. April 2023 tax deadlines are soon. What to ...
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The jurisdictions within the state that implement this tax can show a high level of tourism, which will generate a larger number of food sales. [5] The residents within the jurisdiction will also find themselves subject to this tax, but if it were implemented in lieu of a property tax increase it may prove more fiscally prudent for the ...
CNBC's list of "Top States for Business for 2010" has recognized North Carolina as the fourth-best state in the nation, behind Texas, Virginia and Colorado. [8] North Carolina is an at-will employment state, meaning employees in the private sector may be dismissed without prior notice or reason. In October 2019, the unemployment rate was 4%. [9]