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The North Carolina Department of Revenue was created in 1921 by the North Carolina General Assembly. The department is headed by a Secretary that is appointed by the Governor. The secretary is a member of the North Carolina Cabinet. Currently, the department is responsible for administering the collection of the North Carolina state income tax ...
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 ...
Gary Jensen looks forward to finally being a guest at the longtime North Carolina mountain resort he just sold for $15.65 million.. Three generations of his family have run the 70-room Switzerland ...
The three main elements of the property tax system in North Carolina are real property, motor vehicles and personal property (inventories and household personal property are exempt). Estimated at 10.5% of income, North Carolina's state and local tax burden percentage ranks 23rd highest nationally (taxpayers pay an average of $3,526 per-capita ...
Previously, North Carolina authorized L3Cs. However, as of January 1st, 2014, the state no longer recognizes the L3C legal structure. North Carolina did away with the L3C structure largely because lawmakers stated that a plain LLC can be used for the same purpose.
MEAT CAMP, N.C. — Carolyn and Clifford Coffee’s home is less than 10 miles from Boone, a North Carolina mountain town popular with tourists and home to a college campus, set between a creek ...
In 2005, the Nadels bought 430 acres (1.7 km 2) near Asheville, North Carolina, intending to sell lots for up to $525,000 in a proposed development called Laurel Mountain Preserve. The project turned when prices collapsed. Four lots were donated to their foundation as tax write off. [11]
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