Tax changes for NC residents in 2014 - WBTW-TV: News, Weather, and Sports for Florence, SC

Tax changes for NC residents in 2014

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  • Letter found with body of ASU student

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    Tuesday, September 16 2014 7:17 AM EDT2014-09-16 11:17:44 GMT
    Anna Smith Anna Smith
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    The Boone Police Department said Monday that a letter was discovered with the body of an Appalachian State University student, indicating her death may have been a suicide.The body of 18-year-old Anna Smith was discovered Saturday in a heavily wooded area off Poplar Grove Road in Boone, not far from the university. She had been missing since Sept. 3 when she was seen leaving her college dorm.Boone Police said in a statement on their website that a letter written by Smith was discovered with h...
  • NC dad charged with murder in brutal death of infant son

    NC dad charged with murder in brutal death of infant son

    Monday, September 15 2014 8:41 PM EDT2014-09-16 00:41:30 GMT
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    The father of an NC 1-month-old baby has now been charged in the murder of the child, which happened in February. Just 2 weeks ago, officials ruled the Feb. 17 death of baby Caden Williams -- who suffered broken ribs, liver damage and head trauma -- a homicide.
  • SC youth pastor killed in hit & run crash

    SC youth pastor killed in hit & run crash

    Tuesday, September 16 2014 8:12 AM EDT2014-09-16 12:12:29 GMT
    Highway Patrol is investigating a deadly wreck in Spartanburg County, where troopers say a driver left the scene after hitting youth pastor Jemel "Jay" Hillard Lawter, Jr. Troopers are still searching for the hit-and-run driver.It happened on Interstate 26 westbound just past Highway 221 near mile marker 29 around 5 a.m. Monday. The interstate was closed until about 10 a.m. on the westbound side at exit 35.Corporal Bill Rhyne said Timothy Holden from Spartanburg was driving eastbound on I-26 ...
    Highway Patrol is investigating a deadly wreck in Spartanburg County, where troopers say a driver left the scene after hitting youth pastor Jemel "Jay" Hillard Lawter, Jr. Troopers are still searching for the hit-and-run driver.It happened on Interstate 26 westbound just past Highway 221 near mile marker 29 around 5 a.m. Monday. The interstate was closed until about 10 a.m. on the westbound side at exit 35.Corporal Bill Rhyne said Timothy Holden from Spartanburg was driving eastbound on I-26 ...

An overhaul of North Carolina's tax code kicked in Wednesday impacting taxpayers in several ways.

First the graduated income tax system has been replaced with a flat tax so Instead of paying 6% on the first $13,000 in earnings, you'll pay 7% on everything between $13,000 and $60,000 -- and 7.75% on anything above that in 2014, everyone will be taxed at 5.8%.

But be aware, the new year comes with new taxes on the money you are spending. For example a ticket to the Panthers game will now be charged an additional 6.75% sales tax on top of the original ticket price. Registering an Electric car in North Carolina will now come with an additional $100 fee to support State Highway Trust Fund.

And that annual tax-free weekend for back-to-school shopping is no-more along with tax rebates on energy-efficient appliances.

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