In North Carolina, for example, the state’s flat personal income tax rate drops from 4.5% to 4.25%. A New Year’s Day income tax cut is also taking effect next door in South Carolina.

However, it is possible to get a head start on your taxes. The IRS mentioned in a recent news release ... (which was ...

A couple of new North Carolina laws went into effect Wednesday and they could affect your wallet. An economist warned that savings from a personal income tax decrease could be short-lived.

Under the law that was part of North Carolina's 2023 budget bill, the individual income tax rate will decrease from 4.5% for 2024 to 4.25% for 2025. Taxpayers will see additional drops every year.

With the arrival of the new year, change is in the air, including several new laws and policy changes set to take effect in North Carolina. North Carolina’s 2023 budget bill reduces the state’s ...

North Carolina's personal income tax rate will reduce from 4.5% in 2024 to 4.25% in 2025 with a goal of dipping all the way down to 3.99% after 2025, according to House Bill 259, despite Cooper ...