Disney acknowledged risks due to a “misalignment” between the company’s products and the public that are hurting its bottom line in recent filings with the government.
Published: Sunday, December 10th, 2023 @ 12:20 am
By: Daily Wire
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The state Revenue Department has filed a brief with North Carolina's highest court defending its decision to block a tax exemption related to equipment purchased to make asphalt.
Published: Saturday, December 9th, 2023 @ 8:07 am
By: Carolina Journal
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The North Carolina Chamber Legal Institute backs a company in its legal fight with the state Revenue Department over a tax exemption.
Published: Tuesday, October 31st, 2023 @ 4:43 am
By: Carolina Journal
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Top Senate Republicans are aiming to force President Joe Biden to refreeze $6 billion in Iranian oil revenue that the administration unfroze last month in exchange for the release of U.S. citizens who were being wrongfully detained.
Published: Tuesday, October 24th, 2023 @ 8:09 am
By: Daily Wire
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State Still Collected $3 Billion in Surplus Revenue
Published: Thursday, October 19th, 2023 @ 10:10 am
By: John Locke Foundation
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The N.C. Revenue Department accuses tobacco manufacturer Philip Morris of misreading state law in a legal dispute over an $8.7 million tax bill. The dispute sits with the N.C. Supreme Court.
Published: Friday, July 21st, 2023 @ 4:43 pm
By: Carolina Journal
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The Internal Revenue Service (IRS) whistleblower who claims the criminal investigation into Hunter Biden is being mishandled has revealed his identity.
Published: Sunday, June 11th, 2023 @ 1:00 am
By: Daily Wire
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The Internal Revenue Service (IRS) agent who alleges the criminal investigation into Hunter Biden has been corrupted by lies and politics is being pulled from the inquiry in a possible act of retaliation, lawyers for the IRS official say.
Published: Monday, May 29th, 2023 @ 1:26 pm
By: Daily Wire
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An Internal Revenue Service (IRS) agent claims the federal government’s criminal investigation into Hunter Biden is being corrupted by lies and politics.
Published: Wednesday, May 10th, 2023 @ 2:18 pm
By: Daily Wire
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A Wisconsin-based company is urging the U.S. Supreme Court to take up a tax dispute involving the N.C. Department of Revenue.
Published: Monday, May 8th, 2023 @ 10:16 am
By: Carolina Journal
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North Carolina General Assembly lawmakers from the House and Senate met Tuesday to dig into why the state has $3.25 billion in excess revenue for the 2022-23 biennium. The revenue forecast was released last week by the Fiscal Research Division and the Office of State Budget and Management (O.S.B.M.)
Published: Saturday, March 11th, 2023 @ 11:00 am
By: Carolina Journal
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North Carolina revenue forecasts have surpassed $33 billion annually, and the state will have roughly $3.25 billion in excess for Fiscal Year 2022-23, or 10.7% more than had been previously budgeted.
Published: Saturday, March 4th, 2023 @ 10:44 pm
By: Carolina Journal
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National Public Radio (NPR) announced Wednesday the network plans to cut the majority of vacant positions and slash around 10% of its current staff — approximately 100 employees — amid a “sharp decline” in advertisement revenues.
Published: Thursday, March 2nd, 2023 @ 3:00 am
By: Daily Wire
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The Office of State Budget and Management and the General Assembly’s Fiscal Research Division released their joint forecast for North Carolina’s revenue today. This is a standard procedure that occurs in the early days of the budgeting process to inform lawmakers of the state of the economy.
Published: Wednesday, March 1st, 2023 @ 11:29 am
By: John Locke Foundation
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Revenue opportunities resulting from hiring a gender clinic social worker
Published: Sunday, February 19th, 2023 @ 3:49 pm
By: Countrygirl1411
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Updated Forecast Reflects Historic Opportunity to Continue Making Progress for all North Carolinians
Published: Saturday, February 18th, 2023 @ 8:45 am
By: Governor's Office
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The Internal Revenue Service released a proposed revenue procedure on Monday which would entail employers in the service industry voluntarily reporting their workers’ tips to the tax agency.
Published: Monday, February 13th, 2023 @ 8:32 pm
By: Daily Wire
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Southwest Airlines reported a $220 million loss in the fourth quarter and warned investors that fallout from the company’s holiday meltdown would continue.
Published: Saturday, February 4th, 2023 @ 1:45 pm
By: Daily Wire
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A report from the Internal Revenue Service released last week indicated that officials are devoting much of the agency’s recent funding windfall toward audits even as the degree to which the actions will impact everyday taxpayers remains uncertain.
Published: Friday, January 27th, 2023 @ 10:52 pm
By: Daily Wire
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North Carolina’s state government revenues continue to exceed expectations. According to the new state budget Director Kristen Walker, revenues for the current fiscal year that began July 1 are 10% higher than expected, as reported by the Associated Press.
Published: Saturday, December 31st, 2022 @ 7:54 am
By: John Locke Foundation
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A 17-state coalition seeking out gas tax alternatives is looking for volunteers in North Carolina to test mileage-based user fees (MBUF).
Published: Wednesday, July 20th, 2022 @ 12:09 am
By: John Locke Foundation
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State revenue forecasts jump from $28.4 billion to $32.6 billion in fiscal year 2021-2022.
Published: Sunday, May 15th, 2022 @ 3:41 pm
By: Carolina Journal
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The Left insists government is better poised than you to spend more of your hard-earned money.
Published: Friday, January 14th, 2022 @ 9:13 am
By: John Locke Foundation
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The N.C. Department of Revenue faced a legal setback last month in an ongoing fight over renewable energy tax credits. The state’s top administrative law judge rejected the department’s attempt to deny credits to a renewable energy investor.
Published: Wednesday, November 10th, 2021 @ 1:01 pm
By: Carolina Journal
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Updated forecast confirms historic opportunity to meet the needs of North Carolina communities and ensure a shared recovery from the pandemic
Published: Wednesday, June 23rd, 2021 @ 1:25 pm
By: Governor's Office
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Recently, U.S. Senator Thom Tillis (R-NC) and 40 of his colleagues introduced legislation to prevent the Internal Revenue Service (IRS) from being used as a political weapon against American citizens.
Published: Tuesday, June 1st, 2021 @ 9:02 pm
By: Thom Tillis
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The state budget may be spared economists’ worst fears from the COVID pandemic, according to a new tax revenue forecast.
Published: Saturday, February 13th, 2021 @ 10:13 am
By: Carolina Journal
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North Carolina’s tax and fee collections continued to improve from a year ago, according to the latest General Fund Monthly Report from the Office of the State Controller.
Published: Sunday, December 13th, 2020 @ 8:20 pm
By: John Locke Foundation
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Tax collections for the six months from April through September continue to track closely with the same period a year ago
Published: Monday, October 19th, 2020 @ 10:21 am
By: John Locke Foundation
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The progressive left in North Carolina has for years attempted to paint a narrative that the conservative tax reforms over the last several years have starved state government of funding, and have left budgets “cut to the bone.”
Published: Saturday, September 19th, 2020 @ 8:30 am
By: Civitas Insitute
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The full picture for 2019 income taxes is now available, but it does not provide much clarity about the revenue picture for the rest of FY2020-21.
Published: Monday, September 14th, 2020 @ 4:38 pm
By: John Locke Foundation
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North Carolina state revenues have taken a major hit since the Coronavirus outbreak began.
Published: Wednesday, June 17th, 2020 @ 3:40 am
By: John Locke Foundation
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