North Carolina to Charge Labor Tax
North Carolina tire and automotive service companies will start charging tax on labor/service starting March 1. North Carolina is making an adjustment on how tax revenues are collected, switching more to a “user tax,” and this new tax is one step the state is taking to do so. The North Carolina Tire Dealers Association fought
Nokian to Appeal Additional Tax Bill
Nokain Tyres is appealing a tax adjustment for 2007-2010 that requires the tiremaker to pay an extra 87 million euros. The adjustment includes an additional 55 million euros in additional taxes and 32 million in punitive taxes that must be paid by January 2016, Tyres and Accessories reported. Nokian described the tax adjustment decision as
8 Things to Know if You Get a Letter from the IRS
The IRS sends millions of letters and notices to taxpayers for a variety of reasons. Many of these letters and notices can be easily dealt with without having to call or visit an IRS office. Here are eight things you should know about if you receive a notice or letter from the IRS: 1. Notices
