Sunday, November 3, 2024

State News: North Carolina: The Disaster Recovery Act of 2024 - Part II

Please read this important message that we have received from the North Carolina Department of Revenue

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The North Carolina Department of Revenue has released a directive regarding The Disaster Recovery Act of 2024 – Part II.  This directive outlines the Secretary of Revenue’s interpretation of the additional interest relief offered under this act.  The directive and additional information can be found at: Tax Administration Directive 24-1 - The Disaster Recovery Act of 2024 – Part II | NCDOR.

*Important: A Qualified Taxpayer that submits Form NC-5502 after November 25, 2024, will not be treated as an Eligible Taxpayer