By Johnny Kampis  Carolina Journal News Service  A recent examination by the Tax Foundation shows North Carolina’s high net migration rate may be due to its friendly tax climate.  The nonprofit, nonpartisan group annually examines migration trends, using data from United Van ...

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Dear Carrie: When I did my taxes this year, I wound up owing a lot to the IRS. A friend at work mentioned they got a huge tax refund. How can I get a refund next year? — A Reader ...

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Each year brings new changes to our Byzantine tax system, and 2020 is no different, with recent federal and state laws making the tax landscape more challenging than ever for small businesses and their owners. Here are some tax law ...

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Dear Mr. Berko: Our accountant told my wife and me that we can’t gift more than $15,000 at a time without incurring a tax. I know there are more ways to skin a cat and hope that you have some ...

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Q:     I bought a co-op 10 years ago. This was an free standing house. We did a “tear down” and completely rebuilt . All the construction was on a cash basis. Question: Does the IRS allow you to estimate home ...

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New changes to U.S. tax laws led 41 percent of survey respondents to lower their long-term expectations for the U.S. housing market, according to the 2018 Q1 Zillow Home Price Expectations Survey. The quarterly survey, sponsored by Zillow and conducted ...

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            We are now past the deadlines for the extensions on filing business and personal tax returns. This would be a good time to get an appointment on your tax preparer’s calendar to discuss tax-reduction strategies that you can still ...

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What kind of tax reform would some business leaders in the Charlotte area want to see? A tax code that spurs development, not one that stymies it. An understanding of competitiveness with other countries. And a system that encourages businesses ...

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With tax season just behind us, questions are now arising regarding categorizing individuals as employees or independent contractors. One specific question that I was recently asked by a client was, “Can independent contractors be paid by the hour for the ...

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RALEIGH, N.C. (AP) — Legislators’ latest attempt to create a “crowdfunding” investment initiative designed to benefit North Carolina companies would also require the state Department of Revenue to publicly post its answers to taxpayers’ written questions. The Senate voted unanimously Monday ...

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