
In response to the Internal Revenue Service postponing various federal tax filing and payment deadlines until Sept. 25, 2025, the N.C. Department of Revenue (NCDOR) will not assess (or will remove) certain late action penalties on selected state tax filings, payments, and licenses if the transactions are completed by Sept. 25, 2025.
The NCDOR initiated this suspension because it may not assess certain late action penalties for any period in which the time for filing a federal tax return or paying a federal tax due is “postponed” under IRC section 7508A because of presidentially declared disaster.
The details of this suspension are covered in the Important Notice published on the agency website at Important Notice: Additional Time for Victims of Hurricane Helene to Qualify for Penalty Relief | NCDOR
The N.C. General Assembly has provided interest relief through legislation until May 1, 2025, to taxpayers in the 39 counties declared disaster areas by the Federal Emergency Management Agency (FEMA). Taxpayers in the remaining 61 counties will accrue interest on any unpaid tax beginning April 16, 2025. Additional legislative action is required for any additional interest relief.
The new program will be sharing space with students from the surgical technology and central sterile processing programs(pictured) following renovations and expansions to the space. Photo provided by FTCC.Fayetteville Technical Community College (FTC
Dr. Stuart Shelton has dedicated more than 20 years to providing exceptional high-risk obstetric care, through Cape Fear Valley Health. Photo provided by Dr. Shelton.Dr. Stuart Shelton, a renowned maternal-fetal medicine specialist at Cape Fear Valle
©NOMICASTUDIO, ©PLAYFULSTUDIO AND ©IMAGES-DE-HSR VIA CANVA.COMIt has been a recent topic of discussion in the Greater Fayetteville Business Journal office as to when it is appropriate to begin putting up Christmas decorations. One of my coworkers sha