http://www.dornc.com/index.html Important News from the NC Department of Revenue http://www.dornc.com/press/2013/hickory.html The N.C. Department of Revenue's taxpayer service center in Hickory will move to a new location at 1985 Tate Blvd SE, Suite 300, in May. The old center at 112 2nd Street Place SE will be closed for the move during the week of April 29-May 3 and the new office will open to the public Monday morning, May 6. Wed, 01 May 2013 16:00:00 EDT http://www.dornc.com/press/2013/servicecharge.html Beginning July 1, a 911 service charge will be imposed on each retail transaction for prepaid wireless telecommunications service occurring in North Carolina. Wed, 01 May 2013 00:00:00 EDT http://www.dornc.com/taxes/individual/netbusdeduction_faq.html This document supplements Directive PD-12-2 and addresses questions received subsequent to that Directive. Thu, 28 Mar 2013 16:00:00 EDT http://www.dornc.com/press/2013/reopen.html After several months of renovations, NCDOR’s offices at 1429 Rock Quarry Road, Suite 105 reopened on Monday, March 18. Motor Fuels and Motor Carrier taxpayers should go there for tax assistance and decals. Thu, 21 Mar 2013 00:00:00 EDT http://www.dornc.com/taxes/individual/tuition.html The computation of North Carolina taxable income for individuals begins with federal adjusted gross income. The federal deduction for qualified tuition and related expenses that had expired after tax year 2011, was extended by the American Taxpayer Relief Act of 2012 (ATRA); H.R. 8; P.L. 112-240, until December 31, 2013, retroactively for tax year 2012. Fri, 15 Mar 2013 00:00:00 EDT http://www.dornc.com/taxes/individual/section179_adjustment.html On January 2, 2013, President Obama signed into law the American Taxpayer Relief Act of 2012 (ATRA); H.R. 8; P.L. 112-240. Under ATRA, the section 179 expense deduction of $500,000 ($2,000,000 investment limitation) has been extended through 2013, retroactively for tax year 2012. Fri, 15 Mar 2013 00:00:00 EDT http://www.dornc.com/taxes/individual/bonus_depreciation.html On January 2, 2013, President Obama signed into law the American Taxpayer Relief Act of 2012 (ATRA); H.R. 8; P.L. 112-240. ATRA extends 50% bonus depreciation through 2013. The North Carolina General Assembly did not adopt the bonus depreciation provisions under the Internal Revenue Code (“Code”) sections 168(k) or 168(n). Fri, 15 Mar 2013 00:00:00 EDT http://www.dornc.com/press/2013/counseling.html The North Carolina Department of Revenue, along with the N.C. Small Business Commissioners Office, is following up the popular Small Business Taxpayer Recovery Program with a similar effort to help small businesses recover from certain tax liability issues. The new initiative is called the Small Business Counseling Program because of its increased focus on confidential, one-on-one management and financial planning assistance and counseling for the participating businesses. Thu, 28 Feb 2013 09:00:00 EST http://www.dornc.com/press/2013/privilegetax.html Organizations, groups and individuals offering paid admission to events such as dances, parties and concerts during the upcoming CIAA basketball tournament in Charlotte are required to collect and pay privilege tax on gross admissions to the N.C. Department of Revenue. The privilege tax rate in the state is 3 percent. Wed, 20 Feb 2013 16:00:00 EST http://www.dornc.com/taxes/individual/relief.html The American Taxpayer Relief Act (ATRA) signed by President Obama on January 2, 2013, required revisions to the Internal Revenue Service (IRS) forms and processes. Included were revisions impacting farmers and commercial fishermen. Tue, 12 Feb 2013 13:00:00 EST http://www.dornc.com/press/2013/transit_tax.html Effective April 1, 2013, Durham and Orange counties will levy a 0.50 percent Transit sales and use tax. Those counties adopted resolutions to levy the Transit tax, which will support the Research Triangle Regional Public Transportation Authority. Thu, 31 Jan 2013 00:00:00 EST http://www.dornc.com/press/2013/local_sales_tax_increase.html The local sales and use tax rate in Edgecombe and Greene counties will increase from 2 percent to 2.25 percent effective April 1, 2013. Thu, 31 Jan 2013 00:00:00 EST http://www.dornc.com/press/2013/selfhelp.html The North Carolina Department of Revenue is making it easier for people to complete their Individual Income Tax Return (Form D-400) this year with an on-line tutorial that walks a taxpayer through the process step-by-step. The tutorial was first launched last year and received great feedback. Fri, 18 Jan 2013 00:00:00 EST http://www.dornc.com/press/2013/toptips.html Tax season is here and making it easy for taxpayers to understand and file their taxes is a top priority for the North Carolina Department of Revenue. Providing the correct information and remembering a few simple tips will help ensure you have an error-free tax return that can be processed quickly and correctly. Wed, 16 Jan 2013 16:00:00 EST http://www.dornc.com/press/2013/delay.html Some quarterly sales taxpayers who file paper returns will receive their coupon booklets later than in previous years. Approximately 15,000 coupon books were delayed due to issues experienced by the vendor used to print and ship the documents. They should be sent to the post office on or about Jan. 15. Fri, 11 Jan 2013 16:00:00 EST http://www.dornc.com/press/2013/extendedhours.html In an effort to assist more taxpayers during the upcoming tax season, the North Carolina Department of Revenue will operate extended phone hours now through April 30. The deadline for filing 2012 individual income tax returns is April 15, 2013. Fri, 11 Jan 2013 00:00:00 EST http://www.dornc.com/practitioner/vita/index.html for 2012 tax year Fri, 28 Dec 2012 13:00:00 EST http://www.dornc.com/press/2012/motorfuelsrate.html The North Carolina motor fuels tax for gasoline, diesel, and alternative fuels will remain 37.5 cents per gallon for the period from January 1, 2013 through June 30, 2013, Secretary of Revenue David W. Hoyle announced today. Thu, 13 Dec 2012 13:00:00 EST http://www.dornc.com/press/2012/maintenance120112.html The North Carolina Department of Revenue will be conducting maintenance to the agency's website, this Saturday, Dec. 1, 2012, beginning at 7 a.m. Fri, 30 Nov 2012 15:04:00 EST http://www.dornc.com/press/2012/usetax.html The holiday season has arrived and with consumers breaking online shopping records this year, the North Carolina Department of Revenue is reminding shoppers they may owe taxes on some of their purchases. Thu, 29 Nov 2012 16:00:00 EST http://www.dornc.com/press/2012/motorfuels.html Motor Fuels and Motor Carrier taxpayers who need to file returns, pay their taxes or obtain decals should visit NCDOR's taxpayer service center at 4701 Atlantic Avenue in Raleigh beginning Dec. 3. Tue, 20 Nov 2012 13:00:00 EST http://www.dornc.com/press/2012/sandy.html Some taxpayers may experience delays in receiving paper coupon booklets used to file sales and use tax returns (E-500) and other smaller tax types with the NC Department of Revenue, due to the effects of Hurricane Sandy. The printer that creates and distributes the documents is located in an area of eastern Pennsylvania hit by the storm and was unable to ship the booklets as early as usual. Wed, 07 Nov 2012 00:00:00 EST http://www.dornc.com/press/2012/publichearing.html The North Carolina Department of Revenue, as required by G.S. 105-262.1, has submitted proposed rules regarding the adjustment of net income or the combination of income tax returns for corporations to the Office of Administrative Hearings. Fri, 02 Nov 2012 00:00:00 EDT http://www.dornc.com/press/2012/winston.html The N.C. Department of Revenue's taxpayer service center in Winston-Salem will move to a new location at 450 West Hanes Mill Road, Suite 202, in October. The old center at 8025 Northpoint Boulevard will close Friday, Oct. 12, and the new office will open to the public Monday, Oct. 22. Tue, 09 Oct 2012 16:00:00 EDT