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Taxes

Davis talks taxes, progress in State of the County

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video New Hanover County Commission Chair Ted Davis gave the State of the County Address Monday. He talked about the strides the county has made and some of the issues it faces. Full story...
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Wilmington ballpark plan could mean tax hike

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video City Council will consider negotiating with Mandalay Baseball Properties and the Atlanta Braves to explore a public/private partnership. That could mean an increase in taxes. Full story...
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Romney campaign touts his tax return transparency

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Republican presidential candidate Mitt Romney paid about $3 million in federal income taxes in 2010, having earned more than seven times that from his investments. Those earnings, $21.7 million, put him among the wealthiest of American taxpayers. Romney's campaign said Tuesday he followed all tax laws. Full story...
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Goodwill offers free tax assistance in NC

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Goodwill Industries of the Southern Piedmont is offering income tax assistance to those who qualify in the Charlotte area. Full story...
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Gov. Perdue's sales tax increase is not popular

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video Gov. Bev Perdue says she is eying an increase in the state sales tax to help pay for education. "I am suggesting today, and I am going to fight for today, for our children's future by doing a fraction of a penny for progress for schools and for children to invest in public schools, universities and colleges," Perdue said Tuesday. Full story...
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IRS offers free options for online tax filing

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video Tax time. It's the time of year you either get a refund or give the government even more money. Either way, if you're looking to save a little cash, did you know you can file your federal taxes for free? Full story...
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FIRST ON 3: IRS hits Navassa with $35k penalty

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videoThe IRS has issued a nearly $35,000 fine to the Town of Navassa. When reached by phone this morning, Mayor Eulis Willis said the council has not yet talked about the penalty, but it does have the town's lawyer working on it. Full story...
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IRS estimate: 17 percent of taxes owed went unpaid

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The Internal Revenue Service is estimating that people and businesses underpaid their taxes by $450 billion in the most recent year studied. Full story...
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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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