Every year bills are filed with the North Carolina General Assembly to expand the reach of our state’s three residential property tax relief programs, the elderly/disabled homestead exclusion (GS 105-277.1), the circuit breaker exclusion (GS 105-277.1B), and the disabled veteran’s … Read more

Every year bills are filed with the North Carolina General Assembly to expand the reach of our state’s three residential property tax relief programs, the elderly/disabled homestead exclusion (GS 105-277.1), the circuit breaker exclusion (GS 105-277.1B), and the disabled veteran’s … Read more

Note: Updates regarding ongoing litigation are included at the bottom of this blog post. Overview On January 21, 2025, President Trump issued Executive Order 14173, entitled Ending Illegal Discrimination and Restoring Merit-Based Opportunity (the “EO”). The EO states that practices … Read more

What if I said there’s a process that, when regularly performed, provides the following benefits: (1) increased accuracy in financial reporting, (2) early fraud detection, and (3) less time spent preparing for the annual financial audit—would you believe me? It probably sounds too good to be true. But, luckily, it’s not. Such a process exists—it is the bank reconciliation process.

What are tariffs? Tariffs are taxes levied on imported goods and services. The most common form of tariffs is ad valorem (Latin for “to value”), which are levied as a percentage of the value of imported goods. Other forms of … Read more

The open meetings law requires all official meetings of public bodies to be open to the public. G.S. 143-318.10(a). However, government bodies can hold closed-door meetings, known as closed sessions, under certain limited circumstances. When in closed session, the public … Read more

In late 2024, I hosted a live webinar featuring expert tax foreclosure attorneys from across North Carolina sharing best practice pointers for local governments who use the foreclosure remedy. That webinar is now available for on-demand purchase and viewing.  (Note … Read more