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Category: taxes nc

Do You Qualify for Homestead Exclusion?

If you’re a North Carolina resident, and you’re a homeowner, you might qualify for some significant savings on your property tax bill. Under the Homestead Exclusion, there are three ways to keep a portion of your property from being taxed. Here’s an overview:

How to Bounce Back From Recession

A recession is anything but amusing. Although the recession we’ve experienced in the last two decades certainly resemble an “amusement” ride.

Solving Common Tax-Preparation Problems

There are some potential pitfalls to using your Quicken data as the one and only source of all your taxable income and tax-deductible expense information. This doesn’t mean you shouldn’t use Quicken; it just means that you need to be careful–you can’t blindly automate the process.

Business Filing For a Non Profit Corporation

Business filing for a non-profit corporation is very similar to that of a regular corporation. There are a few extra steps in the business incorporation filing process to gain tax exemption from the IRS and your state tax division. Here are the basics:

Paying Taxes On eBay Sales – 12 Simple Tips

With the upsurge of modern technology and internet these days, eBay shopping is a common feature across the globe.

North Carolina’s Low Property Tax Burden

Property-tax rates are a critical factor in real estate investment, especially for individuals seeking a vacation or retirement property, or a second home.

Tax Advance Loans

Critics for years have attacked loans for being unscrupulous and predatory. But these loans also work as prepayment for tax refunds.

How to Quickly Calculate Sales Tax

In the store, you will often see people pull out a calculator as they try to determine what the sales tax will be on an item. However, if you do not have a calculator or wish that you could calculate sales tax manually, I am going to show you how to figure sales tax in [...]

Should the Federal Government Tax Lottery Winnings in Canada?

As it stands today, the federal government in Canada does not tax lottery winnings. But the government is constantly looking for new revenue and new taxes are always a possibility. Should they consider a lottery tax?

Government Auctions Property Tax Sales – Pay Delinquent Taxes, Get a House For Under $2,000

Unless you have been under a rock, you’ve heard about foreclosures and what a great investment they can provide. But what if I told you there was a new type of foreclosure opportunity that has only existed for a few years which very few investors truly understand or have taken advantage of.