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Taxes

Budget battle continues in Oak Island

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video Dozens of Oak Island residents showed up to a special budget workshop today. Many of them hoped to get their frustrations out on how the town has been spending their money. Full story...
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Voters may not have gotten tax message loud and clear

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video County Commission Chair Jason Thompson said on the record he favored sales tax as the way to get revenues, because if you don't want to pay, you don't have to buy. But in separate interviews, he also he also told us a property tax would be necessary to balance the budget. We talked to UNCW psychology professor Andy Jackson to find out why people heard one message, but not the other. Full story...
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Oak Island mayor thinks tax hike plan out of line

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videoOak Island, just like many towns and cities, is trying to balance its budget. One idea proposed by town council is a 2.5-cent property tax increase, but this proposal doesn't fly with the mayor. Full story...
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Wilmington residents face potential of three tax hikes

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As voters approved a quarter-cent sales tax increase in New Hanover County and the County Commission likely to approve a penny property tax increase, last night Wilmington City Council discussed raising its property tax to help close a budget gap. Full story...
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Sales tax hike won't stop property tax increase

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video Even with the sales tax increase, the county is looking at about a $6 million shortfall. Part of the problem is paying for the bonds voters passed a few years ago. Full story...
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Homebuyers racing clock for tax credit

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video The race against the clock is almost over for homebuyers trying to find the perfect house, at the perfect price. Today is the last day for the first time homebuyer tax credit, which saves buyers as much as eight thousand dollars. Full story...
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Two cents on the sales tax increase

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A quarter-cent sales tax increase on Tuesday's ballot could cut New Hanover County's budget deficit by $5 million. The tax increase was a hot topic at New Hanover County's town hall meeting Wednesday night. Full story...
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New Hanover County Board of Education favors proposed sales tax increase

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In an Interim Meeting, the New Hanover County Board of Education passed a resolution in favor of the one quarter cent sales tax increase currently proposed by the New Hanover County government. Full story...
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Do you owe county taxes?

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video Coming up tonight at 6 p.m., we'll see why New Hanover County decided to advertise delinquent taxes in small newspapers and why the county is required to buy ad space for the list. In the meantime, click on this story to see if you owe taxes. Full story...
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Tax preparers busy as deadline looms

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videoJust one day before the deadline, it's hard to think of anyone busier today than tax professionals. Businesses and accountants are running on overdrive trying to help last-minute customers. Full story...
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Post offices not open late on Tax Day

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If you're planning on sending your tax forms through the mail tomorrow, be advised: post offices will close at their regular times. Full story...
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State tax refunds should arrive by mid-May

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North Carolina tax officials say the state is catching up on income tax refunds after a delay earlier this year caused by slow cash flow. Full story...
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ONLY ON 3: The "Tax Man" on why your refund is late

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All of us have to file taxes. Some of us get refunds. But many of us haven't yet from the state of North Carolina. What gives? Full story...
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County spreading info on sales tax vote

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New Hanover County is trying to spread the word about its sales and use tax referendum on the May ballot. Full story...
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IRS to help struggling taxpayers

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IRS staff will help taxpayers address economic hardship issues, make payment arrangements or get help claiming any of the special tax breaks in last year's stimulus. Full story...
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