Tag:Department of Revenue

  • Tax collections could lead to $700 million windfall for N.C.

    A $470-million surge in April tax collections could push the state budget surplus to more than $700 million. Barry Boardman, chief economist for the General Assembly’s nonpartisan Fiscal Research Division, in a Monday, May 6, email alerted legislative leaders of both parties, House, and Senate…

  • Large Families Singled Out for State Audits

    RALEIGH — The North Carolina Department of Revenue has a surprise for large families this tax season — an audit. Some who got the notice from a state tax auditor feel it’s a way for the state to hold on to their money as long as possible instead of sending…

  • State Tax Endorses Disobedience

    RALEIGH — One way to reduce North Carolina’s estimated $1.5 billion budget deficit is to generate more revenue, while maintaining current spending levels. While perusing the state Department of Revenue Web site, a reader can find a little-known revenue-generating item that begs to be exploited. Since 1990, North Carolina has…