Tax deduction for gambling losses proposed in North Carolina
Legal betting nationwide for Sunday’s 59th Super Bowl between the Eagles and Chiefs is expected to generate a record-setting ...
No state income tax on tips proposed by North Carolina quartet
With President Donald Trump promising an end to federal income taxes on tips and overtime pay, a group of North Carolina ...
How soon can you get your tax refund in NC? Here’s what to know before filing in 2025
If you are eligible for a tax refund, filing earlier could mean your rebate will be paid quicker, but it’s possible your ...
This proposed change in state law could save some NC seniors on their property taxes
Seniors on a fixed income are the most vulnerable to the Wake County Democrat’s tax and spend obsession,” says the Wake ...
Can you deduct gambling losses on taxes in NC? Lawmakers file bill to allow it
The House bill would conform North Carolina's tax policy to that of the federal government and most states that allow sports ...
No tax on tips? Tax deduction for gambling losses? NC lawmakers return with new ideas
Rep. Erin Paré, a Holly Springs Republican who was recently appointed a chair of the House Appropriations Committee, filed ...
ABC 11 Raleigh NC on MSN11d
As you file your NC taxes, don't forget about online sports bets, of which all winnings are taxable
A proposed bill would allow you to deduct losses from winnings but as of now, you have to pay state taxes on anything you win ...
Proposal: No federal income tax on catastrophe loss mitigation programs
Income tax should not be paid on money provided through state-based catastrophe loss mitigation programs, says a U.S. Senate ...
Governing5d
When It Comes to Tax Cuts, South Carolina Is a Red State Outlier
South Carolina residents are seeing rates go down thanks to a law passed in 2022, but the state still charges a lot more than North Carolina and other southeastern neighbors.