The NCDOR has published a notice about recent changes to how the penalty for failure to pay a tax when due is calculated.
The N.C. Department of Revenue received more than 23,000 applications for Phase 2 of the Business Recovery Grant (BRG) program that closed on June 1, 2022. Given the large number of applications to be reviewed and the administrative complexities involved in verifying and calculating award amounts, the Department is unable to give an exact timeline of when grant applicants can expect to be formally notified and checks are mailed to recipient businesses.
The deadline for businesses impacted by the COVID-19 pandemic to apply for Phase 2 of the Business Recovery Grant Program is Wednesday, June 1.
A Charlotte man was arrested on May 24, 2022, for felony tax charges filed by the North Carolina Attorney General’s Office on behalf of the North Carolina Department of Revenue.
The N.C. Department of Revenue is Accepting Applications for Phase 2 of the Business Recovery Grant Program
Phase two of the Business Recovery Grant program is going strong, with more than 7,000 applications submitted so far. The application period is open until June 1.
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 Accepts Applications for Phase 2 of the Business Recovery Grant Program
Phase 2 of the Business Recovery Grant (BRG) program begins on Monday, May 2. Many additional businesses now qualify for these grants due to updates to the program’s eligibility criteria. BRG will issue a payment to an eligible North Carolina business that suffered an economic loss of at least 20 percent during the pandemic. The grant amount is a percentage of the economic loss demonstrated by the eligible business or $500,000, whichever is less. The application deadline is Wednesday, June 1.
N.C. Department of Revenue Will Present A Webinar on Phase 2 of the Business Recovery Grant Program on Wednesday, May 4
Taxpayers can learn about the expanded eligibility for recovery grant money and much more at the N.C. Department of Revenue (NCDOR) webinar on Phase 2 of the Business Recovery Grant (BRG) program on Wednesday, May 4. The session will begin at 11 a.m.
The NCDOR plans to launch the application for Phase 2 of the Business Recovery Grant (BRG) program on Monday, May 2, with changes to the program’s eligibility criteria allowing many additional businesses to qualify for these grants.
A Boone businessman pleaded guilty in Wake County Superior Court to felony tax charges filed by the North Carolina Department of Revenue.
The deadline for filing calendar year North Carolina individual income tax returns is Monday, April 18, unless you request an extension. Electronically filed returns must be submitted electronically by midnight on April 18. For taxpayers filing via paper, returns must be postmarked by April 18.