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Friday, July 2, 2010

If you filed on time, you NC tax refund is coming


Everybody still waiting on a North Carolina income tax refund should see their money very soon if the return was filed on time.
The Department of Revenue says it has released all refunds for returns filed on or before April 15. Checks cut in recent weeks are a little higher because the agency had to add interest if filers weren't paid before the end of May. The interest has accrued to $1.2 million.
North Carolina delayed tax refunds for the second straight year as the state's cash flow stayed uncertain in the weak economy.
The department said in a news release this week the agency is still working on returns filed after April 15.