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DDD – Unrelated Business Income (UBI) tax compliance questionnaire 2014

October 21, 2014

To:     University Business Managers From: David Blakemore, Director of Financial Reporting & Management Services Date: October 20, 2014 The Financial Reporting department of the University Controller’s Office is responsible for compiling unrelated business income (UBI) revenue and expenses each fiscal … Continued

NC sales tax on admission charges update

September 16, 2014

To:     University Business Managers From: Dennis Press, University Controller Date:  September 15, 2014 The University’s Policy 721, NC Sales Tax on Admission Charges, has been updated as a result of recent tax legislation.  The revised policy may be reviewed at: … Continued

Taxation clarification for nonresidents of North Carolina

February 18, 2014

To: University Business Managers From: Elizabeth C. (Betsi) Snipes, Director, Payroll Services Date: February 18, 2014 The Payroll Services department previously provided information regarding the new NC-4 form, “Employee’s Withholding Allowance Certificate,” and indicated that all employees must provide either … Continued

Sales tax on admission charges for entertainment activities

December 11, 2013

To:     Campus Business Managers From: Dennis Press, University Controller Date:  December 11, 2013 The 2013 Session of the General Assembly enacted changes to the taxes administered by the Sales and Use Tax Division of the Department of Revenue.  Several campus … Continued

State Income Tax Withholding for 2014

November 25, 2013

To: School/Division HR Officers Business Managers From: Elizabeth C. (Betsi) Snipes, Director of Payroll Services Dennis Press, University Controller Date: Nov. 25, 2013 The NC Department of Revenue (NCDOR) has provided important information about state income tax withholding for 2014: … Continued

DDD – Unrelated Business Income (UBI) tax compliance questionnaire

July 2, 2013

To:     University Business Managers From: Dennis Press, Assistant Vice Chancellor and University Controller Date: July 2, 2013 The Financial Reporting Department of the University Controller’s Office is responsible for compiling unrelated business income (UBI) revenue and expenses each fiscal year … Continued

2013 tax rules for BW14 and MO07

January 14, 2013

To: University Business Managers From: Elizabeth C. (Betsi) Snipes, Director, Payroll Services Date: January 8, 2013 Please see the linked notice concerning the new tax rules for 2013 that have been implemented beginning with Biweekly Payroll 14 (BW14) checks to … Continued

DDD – Unrelated Business Income Tax Questionnaire – FY Ending 2012

July 2, 2012

To:     University Business Managers From: David Blakemore, Director of Financial Reporting and Management Services Date: July 2, 2012 The University, through the Financial Reporting Department of the Controller’s Office, reports taxable Unrelated Business Income (UBI) as required by the Internal … Continued

DDD-Unrelated Business Income Tax Questionnaire – FY Ending 2011

July 1, 2011

To: University Business Managers From: David Blakemore, Director of Financial Reporting and Management Services The University, through the Financial Reporting Department of the Controller’s Office, reports taxable Unrelated Business Income (UBI) as required by the Internal Revenue Service Code and … Continued

University FICA Tax Savings Memo – May 2010

May 13, 2010

To: University Business Managers From: Dennis Press, University Controller Date: May 13, 2010 A recently enacted federal law provides a payroll tax incentive for employers. The University can save the employer portion of the 6.2% Social Security tax on qualified … Continued