Notices and Updates

The Secretary of Revenue has announced an automatic waiver of penalties for failing to file Form NC-3 and the required W-2 and 1099 statements electronically.

The N.C. Department of Revenue has published an important notice that explains the waiver.

Read the notice.

The N.C. Department of Revenue has published a notice about the recent Supreme Court ruling on the Kaestner trust case. The notice provides guidance to taxpayers potentially affected by the ruling.

Read the notice.

The N.C. Department of Revenue has published a notice about the U.S. Supreme Court's decision to hear a trust income taxation case involving North Carolina. The case is Kimberly Rice Kaestner 1992 Family Trust v. North Carolina Department of Revenue and it deals with the taxation of undistributed income from a trust.

Read the notice.

The N.C. Department of Revenue recently published a notice about four counties that have levied an additional 0.25 percent local sales and use tax. The additional taxes are effective April 1, 2019.

Read the notice.

The NCDOR is aware that some taxpayers may be financially impacted by the partial federal government furlough.

The N.C. Department of Revenue (NCDOR) has published corporate and individual income tax bulletins that reflect recent law changes. The bulletins cover the administrative interpretation and application of state tax laws.

Review the Corporate Income Tax Bulletin.

Review the Individual Income Tax Bulletin.

The N.C. Department of Revenue has published a notice about revisions to alcoholic beverage tax forms. The revisions to the forms will help ensure consistency in the reporting and paying of alcoholic beverage taxes.

Read the notice.

The North Carolina Department of Revenue's interest rate for January 1, 2019 through June 30, 2019 will be 6%.

On or before June 1 and December 1 of each year, the Secretary of Revenue establishes the interest rate to be in effect during the six-month period beginning on the next succeeding July 1 and January 1, respectively. The rate applies to refunds and assessments. G.S. 105-241.21.

More information

The North Carolina excise tax rate for motor fuels and alternative fuels will be 36.2 cents per gallon for the period January 1, 2019 through December 31, 2019.

The N.C. Department of Revenue has published the 2018 Tax Law Changes book, which summarizes the recent legislative changes to the state's Revenue laws. The changes are detailed by taxing schedule and General Statute.

Read the 2018 Tax Law Changes book.