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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 ...
The unemployment rate in hard-hit Buncombe County rose from 2.5% in September to 8.8% in October – a jump of more than 6%, according to data from the North Carolina Department of Commerce.
Up to $10,200 of unemployment could be exempt from taxes. Millions Are About to Get Slammed with a Surprise Tax Bill – Could a $10,200 Waiver Save the Day?
North Carolina unemployment: 3.3%. Year to year, 3,571 more people working compared to October 2022. 6,833 unemployed individuals in the region as of October 2023.
Certain credits are allowed with respect to state unemployment taxes paid that may reduce the effective FUTA rate to 0.8%. Effective July 1, 2011, the rate decreased to 6.0%. That rate may be reduced by an amount up to 5.4% through credits for contributions to state unemployment programs under sections 3302(a) and 3302(b), resulting in a ...
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
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.
"The Council of State and North Carolina's Long Ballot : A Tradition Hard to Change" (PDF). N.C. Insight. N.C. Center for Public Policy Research. pp. 40–44. North Carolina Manual. Raleigh: North Carolina Secretary of State. 2001. OCLC 436873840. North Carolina Manual (PDF). Raleigh: North Carolina Department of the Secretary of State. 2011.