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Sunday, June 7, 2009

NC Legislature approves tax law change for Apple

by taxnick on June 7, 2009

The General Assembly on Monday approved changing the state’s tax law with hopes it will result in Apple Inc. announcing a $1 billion investment within days.
The Senate voted 40-8 to go along with conditions including that the company invest in a rural area. The final round of debate lasted less than a minute.
Sen. Tom Apodaca, [...]

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Tax credit for first-time homebuyers boosts market

by taxnick on June 7, 2009

Earlier this year when federal lawmakers voted to give first-time homebuyers a tax incentive, they hoped the move would boost home sales.
And that seems to be happening.
The offer of an $8,000 tax credit – combined with low mortgage rates – has lured thousands of buyers to the beleaguered housing market.
Keller resident Joe Palacios is one [...]

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