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Firms Defend $110 Million Conservation Easement Tax Deduction
An Atlanta business is challenging in the US Tax Court a $40.7 million penalty imposed by the IRS over a conservation easement donation deduction of almost 1,700 acres of North Carolina land. Pine Forest Reserve LLC and Adoette Holdings LLC, two LLCs with an Atlanta mailing address, have petitioned the...
NCHSAA SAAC Team Presents to NC Athletic Directors at the North Carolina Coaching Clinic
On Tuesday, July 16th, thirteen NCHSAA Student-Athlete Advisory Council Members (SAAC) presented to over 40 NC Athletic Directors at the 2024 NC Coaches Clinic held at the Greensboro Coliseum Complex. The preparation and dedication from the SAAC members contributed to the success of this presentation. We appreciate the athletic directors in attendance for listening to us and hopefully receiving beneficial information and insight.
Rental Pricing Software Could be Artificially Raising Rents for Triangle Tenants
The software company RealPage, which sets prices for large shares of the rental market in Raleigh and Durham, is the subject of an antitrust investigation by the state attorney general. In a new report, the Triangle chapter of the Democratic Socialists of America says it has found evidence that RealPage...
PTI Airport Megasite And Merry Old England Tighten Economic Development Bonds
This week, a contingent of Greensboro and North Carolina economic development leaders traveled across the pond to jolly old England in order to strengthen ties and learn more about the UK headquarters and operations of a big economic player at the aviation megasite at Piedmont Triad International Airport. The group...
Dave Doeren: "When You Walk Onto the Field, There's Solace There"
NC State head coach Dave Doeren met with the media in the breakout session of the 2024 ACC Football Kickoff in Charlotte. NOTE: Click on the video in the player above to watch Doeren’s interview. A select transcript is provided below. “A few years ago, we had a guy...
Former Holly Hill Hospital employees say facility tried to fool state inspectors
A mental health facility that’s the focus of an ongoing WRAL Investigation tried to trick state inspectors, according to former workers who reached out to WRAL. With more than 300 beds, Raleigh’s Holly Hill Hospital is one of the largest behavioral health facilities in the state. At this size, it’s also one of the first places people in need of help are sent because they have empty beds.
2nd arrest after Fayetteville police involved in 3 drug raids in one day
FAYETTEVILLE, N.C. (WNCN) — Police in Fayetteville Friday announced an arrest in the third drug raid that officers conducted in one day last week. On Thursday, officers revealed a man was arrested after two search warrants at two homes on July 18 led to the discovery of 815 grams of fentanyl, along with cocaine, and two guns, according to the Fayetteville Police Department.
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