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Thinking of starting a new retail business? Contact the Department of Revenue to get started.
The 2007 North Carolina General Assembly enacted Session Law 2007-323 that permanently extended the additional 0.25% State sales and use tax. In addition, House Bill 714 was ratified by the House of Representatives and the Senate was signed by Governor Easley on August 6, 2007. As a result of the permanent extension of the additional 0.25%, the combined State and county tax rate will remain at 6.75% in all counties except Mecklenburg County, where the combined State and county rate will remain at 7.25%. The combined general rate of tax, which applies only to telecommunications service, ancillary service, video programming, and spiritous liquor other than mixed beverages, is the State's general rate plus the sum of the rates of local tax authorized for every county in the State. Therefore, since the additional 0.25% has been permanently extended, the combined general rate will remain at 6.75% in all counties.
Click here for the official position of the North Carolina Department of Revenue as it relates to the continuing resolution on Sales and Use Tax.
Sales and Use Tax Frequently Asked Questions
Do You Employ Teenagers at Your Place of Business? Click here to make sure you are in compliance with state and federal regulations.
Federal Overtime Regulations Explained -- In April, 2004 the United States Department of Labor (US DOL) published final regulations intended to update and clarify which employees qualify to be paid overtime and which employees are not eligible to receive overtime pay. Workers earning less than $23,660 per year - $455 per week or $11.38 per hour for a forty hour week - are now guaranteed overtime protection. In publishing these regulations, the US DOL was seeking to clear up some of the uncertainty in this area that had resulted in numerous lawsuits by employees against employers. Unfortunately, the US DOL did not provide enough bright line tests for most employers to be 100% positive that they have properly classified their employees as ineligible to receive overtime. Click here to read more.
Worthless Check Program Win-Win for Retailers
Merchants know first-hand the difficult and time consuming process of going through the court system to get payment when a customer passes a bad check. To help merchants, North Carolina has set up The Worthless Check Program that allows retailers to collect what they're owed without the hassles of the court process.
Learn more about the Worthless Check Program.
See if your county is one of the program's Participating Counties.
Worthless Check Program Frequenly Asked Questions.
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