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Taxes

Donors rush to charities ahead of New Year's tax deadline

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video It's a great time of year to give and to receive. Charities are being flooded with donations right now, but those good deeds don't only help those in need. This week is historically one of the biggest weeks for generosity as people donate money and used items to charities to claim the donation on their taxes for the year. Full story...
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Elon Poll: N.C. favors higher taxes on millionaires, unhappy with Congress

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Two out of three North Carolinians support the increase of taxes on Americans making more than $1 million a year, according to the latest Elon University Poll, and a majority of respondents believe that President Barack Obama is more willing to work with Republicans than the GOP is willing to work with the president. Full story...
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Obama: Debt deal is only a first step

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The Senate has approved an emergency bill to avert a first-ever government default with just hours to spare. Full story...
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ONLY ON 3: New Hanover property values down significantly; beach towns hit hardest

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video Property values throughout New Hanover County are heading down. The areas seeing the largest drops since the last revaluation in 2007 are the beach towns. Full story...
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Henderson County residents to vote on liquor sales

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Alcohol sales will be on the ballot for Henderson County residents next spring. Full story...
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Berger's attorney, one other plead guilty to failing to file taxes

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The Department of Revenue says Sam Edwards of Ocean Isle Beach and Dennis Sullivan Jr. of Wilmington both admitted to five county of willful failure to file their state tax returns. Both men paid the taxes and interest they owed before entering a plea. Full story...
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Poll: Voters say raise taxes in 2011, pay the price in 2012

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Voters say they would be less likely to vote for a legislator in 2012 who voted for a tax increase. As the General Assembly finalizes the 2011-2012 budget proposal, a new poll released today by the Civitas Institute shows strong opposition to new taxes. The poll also found 75 percent of voters oppose a plan by Gov. Bev Perdue to raise taxes by $800 million. Full story...
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NC GOP tax package may cut rates, simplify returns

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North Carolina's individual income tax rates could be lowered and state returns simplified in a package of changes being considered by Republicans at the Legislature. Full story...
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NC extends tax deadlines for victims of tornadoes

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North Carolina's tax collectors are providing a break for victims of severe weekend weather who had yet to file their 2010 returns. Full story...
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Obamas paid $453,770 taxes on $1.7 million income

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President Barack Obama and his wife, Michelle, are reporting income of $1.728 million for last year, much of it from the sale of the president's books. They paid federal taxes of $453,770. Full story...
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Technology changing tax filing

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videoYou have until midnight Monday to get your taxes filed. There are lots of forms and lots of ways to file, and technology is changing the way many people do it. Full story...
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If government shuts down, you still have to file taxes

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video With a federal government shutdown looming, many are wondering how that will affect the Cape Fear area. Full story...
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Wilmington City Council looks at ways to tighten budget

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video At a budget work session today, Mayor Bill Saffo said he thinks there will be much debate over changes to the system. He said although the decision to adjust the budget may not be easy, it is necessary. Full story...
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WDI puts off downtown tax plan

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video Wilmington Downtown Inc. has decided not to present its plan to create a Municipal Service District (MSD) to Wilmington City Council Tuesday, but the group says this is not the end of the plan. Full story...
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NC revenue office bills taxpayers in error

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The North Carolina Department of Revenue has sent incorrect notices to nearly 2,000 taxpayers saying they owe state taxes for 2008. Full story...
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