Analysis: PSLF Student Loan Forgiveness Should Not Be Taxable in North Carolina
The NC Department of Revenue (DOR) recently announced that student loan forgiveness is taxable income for the purposes of state income taxes. This means that borrowers will need to pay state income tax on the amount of their student loans that are forgiven. Legislative leaders have indicated that theydo not anticipate that the NC General Assembly will change this law.
Reach Out to 2022 Candidates for Office
Earlier this year, the North Carolina Center for Nonprofits sent a candidate questionnaire on nonprofit issues to all North Carolina candidates for Congress and the NC General Assembly. The questionnaire is intended to help nonprofit leaders learn more about the candidates on their ballots in the 2022 election and also to help candidates have a better awareness of the work of nonprofits.
2022 Candidate Questionnaire Responses by County Map
The North Carolina Center for Nonprofits invited every candidate running for statewide office in the 2022 elections to share their insights on questions of interest to nonprofits across the state. Our goal is to help voters – particularly people who work for, volunteer with, or are served by nonprofits – be better informed about candidates.
Here are the candidate responses and contact info for US Senate:
Strengthening contractual partnerships between state government and nonprofits
State agencies partner with nonprofits in many important ways, including through contractual relationships, to provide programs and services that benefit communities throughout the state. As with any type of partnership, the contractual relationships between state agencies and nonprofits are not always seamless. The North Carolina Center for Nonprofits has recently sought feedback from nonprofits about their challenges with state grants and contracts.
2022 Candidate Questionnaire Responses
The North Carolina Center for Nonprofits invited every candidate running for statewide office in the 2022 elections to share their insights on questions of interest to nonprofits across the state. Here are their responses.
TIP: Press the Ctrl F keys to quickly "Find" your county name, candidate name or any other information displayed on this page. For example, press Ctrl + F keys, then type Wake to find all candidate responses for Wake county. Tap here for phone tips.
2021 State Budget Process
As state legislators work to develop a state budget for FY2021-22, the Center will provide analysis of the ways that budget proposals would impact the work of nonprofits. To help your nonprofit digest the more than 1,400 pages of budget documents, the Center has developed a synopsis of nonprofit provisions and appropriations in the budget.
Modernizing North Carolina's Nonprofit Laws
The Center is appreciative of Representative Brandon Lofton (D-Mecklenburg) and Senator Mike Woodard (D-Durham) for introducing legislation to bring state nonprofit statutes into better alignment with best practices for nonprofit organizations.
State Non-Itemizer Tax Credit
A NC Senate bill (