Press Releases

The NCDOR has published a notice about the new deduction for certain military retirement pay and Survivor Benefit Plan payments.

Phase 2 of the Business Recovery Grant (BRG) program begins on Monday, May 2. Many additional businesses now qualify for these grants due to updates to the program’s eligibility criteria. BRG will issue a payment to an eligible North Carolina business that suffered an economic loss of at least 20 percent during the pandemic. The grant amount is a percentage of the economic loss demonstrated by the eligible business or $500,000, whichever is less. The application deadline is Wednesday, June 1.

Taxpayers can learn about the expanded eligibility for recovery grant money and much more at the N.C. Department of Revenue (NCDOR) webinar on Phase 2 of the Business Recovery Grant (BRG) program on Wednesday, May 4. The session will begin at 11 a.m. 

The NCDOR plans to launch the application for Phase 2 of the Business Recovery Grant (BRG) program on Monday, May 2, with changes to the program’s eligibility criteria allowing many additional businesses to qualify for these grants.

A Boone businessman pleaded guilty in Wake County Superior Court to felony tax charges filed by the North Carolina Department of Revenue.

The North Carolina Department of Revenue (NCDOR) officially began accepting and downloading 2021 Corporate Income and Franchise, Partnership Income, and Estates and Trust Income tax returns on Friday, March 4. Taxpayers who file state returns electronically will receive acknowledgements.

The North Carolina Department of Revenue officially opened the 2022 tax season and began accepting and downloading 2021 individual income tax returns effective March 1. Taxpayers who file state returns electronically will receive acknowledgements.

The N.C. Department of Revenue began mailing one-time payments to eligible and approved North Carolina businesses that applied for the Business Recovery Grant (BRG) program prior to the Jan. 31, 2022 deadline. Businesses approved for a grant of $50,000 or less can expect to receive payment in the coming days. Federal law requires persons or entities receiving grant awards in excess of $50,000 to provide additional information before receiving their payments.

The N.C. Department of Revenue will temporarily pause accepting Phase 2 applications for Business Recovery Grants as the General Assembly considers increasing eligibility for additional types of businesses. The department will continue to process Phase 1 grant awards to approved eligible businesses.