Posted by squeezeApenny on May 17, 2010 ·
Tax free weekend in NC is the first weekend of Aug, and I was just curious if you could buy something online (laptop and have it shipped to my home, in NC) and be exempt from tax? Thanks!
Posted by squeezeApenny on May 15, 2010 ·
Thanks in advance – I sold my home and profit about 160,000 – according to IRS rules (primary residence at least 2 yrs, lived there, married file jointly, etc) I should be exempt from the cap. gains tax. Do I have to report it anywhere when I file my taxes? I did use the money to buy out my bro and sis on my late mom’s house, which we all inherited.
Posted by squeezeApenny on May 14, 2010 ·
Our community issued tax exempt bonds to build improvements to the utility system. A portion of our utility bill goes to repay that tax exempt bond. However, we are charged sales tax on ALL of the utility bill. Is this legal under the IRS and SEC rules, or should they be exempting a pro-rated portion of the bill from sales taxes?
Our city does not receive revenue from property tax. The property [...]