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Daily News

                                                                      Below please find daily updates pertaining to the latest in financial, business, and tax news:

Effective March 1, 2016: Sales and Use Tax Update I

Effective March 1, 2016, the NC Department of Revenue has redefined what qualifies as a 'retailer'. To ensure your business is in compliance as of March 1, 2016 follow the link below to review the recent Directive, SD-16-1, on retail trade issued by the NC Department of Revenue.

http://www.dornc.com/practitioner/sales/directives/SD-16-1.pdf

 

Effective March 1, 2016: Sales and Use Tax Update II

Effective March 1, 2016, the NC Department of Revenue has deemed services performed by retailers subject to sales and use tax. To ensure your business is in compliance as of March 1, 2016 follow the link below to review the recent Directive, SD-16-2, on repair, maintenance and installation services issued by the NC Department of Revenue.

http://www.dornc.com/practitioner/sales/directives/SD-16-2.pdf

 

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