The NCDOR recently published a notice about Session Law 2023-12 that includes retroactive benefits that may help taxpayers preparing 2022 tax returns.
The NCDOR has posted an updated notice about the tax deduction for certain military retirement pay and Survivor Benefit Plan payments.
The NCDOR has published a notice about recent changes to how the penalty for failure to pay a tax when due is calculated.
The NCDOR has published a notice about the new deduction for certain military retirement pay and Survivor Benefit Plan payments.
The N.C. Department of Revenue has published an updated notice on the impact of the American Rescue Plan of 2021 and the Consolidated Appropriations Act of 2021 on North Carolina's 2020 individual income tax return.
The Secretary of Revenue has determined that the motor fuels and alternative fuels tax rate for the period of January 1, 2022 through December 31, 2022 will be 38.5 cents per gallon.
On May 13, the NCDOR joined the Internal Revenue Service in waiving dyed diesel fuel penalties retroactive to May 7, 2021 through May 21, 2021.
The N.C. Department of Revenue has published a notice about the extension of the individual income tax filing deadline from April 15 until May 17 (which matches the federal extension) as well as adding partnerships and estate and trusts to the extension.
The ARPA included a provision that makes the first $10,200 of unemployment benefits not taxable for households with an adjusted gross income of less than $150,000. As of the date of this notice, North Carolina law has not incorporated any of the tax law changes enacted in the ARPA.