The General Assembly is still hard at work in Raleigh. While no huge changes to property taxes have arisen yet this session, there are two new laws worth discussing. S.L. 2015-204 creates flexibility for waiving interest on old registered motor vehicle (“RMV”) taxes. S.L.
Two New Property Tax Laws: Part 1
The General Assembly is still hard at work in Raleigh. While no huge changes to property taxes have arisen yet this session, there are two new laws worth discussing. S.L. 2015-204 creates flexibility for waiving interest on old registered motor vehicle (“RMV”) taxes. S.L.
The Nuts and Bolts of Property Tax Bills
Tis the season for cities and counties to start mailing their 2015-2016 property tax bills. This annual event raises a very basic question: exactly what must and may be included on a property tax bill? Surprisingly, the Machinery Act provides … Read more
The Nuts and Bolts of Property Tax Bills
Tis the season for cities and counties to start mailing their 2015-2016 property tax bills. This annual event raises a very basic question: exactly what must and may be included on a property tax bill? Surprisingly, the Machinery Act provides detailed guidance about almost every aspect of the property tax process except property tax bills. This lack of guidance means local governments can decide for themselves about the timing, form, and content of their property tax bills.
The Nuts and Bolts of Property Tax Bills
Tis the season for cities and counties to start mailing their 2015-2016 property tax bills. This annual event raises a very basic question: exactly what must and may be included on a property tax bill? Surprisingly, the Machinery Act provides detailed guidance about almost every aspect of the property tax process except property tax bills. This lack of guidance means local governments can decide for themselves about the timing, form, and content of their property tax bills.
Tax fans, I know you’ve been eagerly anticipating the sequel to my last post, which ended in a thrilling cliff-hanger: What must we do with sale proceeds and outstanding taxes after a local government sells property it purchased at a … Read more
Tax fans, I know you’ve been eagerly anticipating the sequel to my last post, which ended in a thrilling cliff-hanger: What must we do with sale proceeds and outstanding taxes after a local government sells property it purchased at a tax foreclosure sale? Your wait is over! Read on to learn the stunning conclusion . . .
Tax fans, I know you’ve been eagerly anticipating the sequel to my last post, which ended in a thrilling cliff-hanger: What must we do with sale proceeds and outstanding taxes after a local government sells property it purchased at a tax foreclosure sale? Your wait is over! Read on to learn the stunning conclusion . . .
A North Carolina local school board renews its contract with a superintendent for an additional four years. Seven months later, the board meets in closed session to discuss a personnel matter. Immediately after the closed session, the superintendent resigns and … Read more
In June 2015, the U.S. Supreme Court, in King v. Burwell, upheld the lawfulness of the way the Affordable Care Act works in North Carolina and the 33 other states where the federal government, rather than the state, runs the health insurance exchanges. As a result, the ACA’s employer mandate is still effective.