Tag Archives: Small business tax deduction

$50,000 Tax Deduction for North Carolina Small Business Owners

Pay no tax on the first $50,000 of net business income starting with the 2012 tax year!  That’s right; many North Carolina business owners will become eligible for an up to $50,000 North Carolina income tax write-off thanks to the recent passage of North Carolina House Bill 200 and North Carolina Senate Bill 267. Qualifications [...]

Posted in Personal Taxes, Small Business Taxes | Also tagged , , | Leave a comment
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