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 ...
NC taxpayers could get a higher refund & waived fees in 2025 with these tax code changes
Another change to the tax code could mean you get a higher refund this year. A state law that went into effect in January ...
NC representative files bill to deduct gambling losses on state tax return
State Representative Erin Paré said that as it stands right now, North Carolina law does not allow an itemized deduction for losses.
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 ...
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 ...
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 ...
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 ...
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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.
Tax changes to assist victims of Helene could mean waived fees, higher refunds
CHARLOTTE — The North Carolina Department of Revenue is waiving penalties for delayed tax returns to assist Hurricane Helene ...