IMPORTANT: Effective tomorrow, July 1st, the NC State Sales Tax Rate will decrease by 1%.
Yes, you read this correctly...it will decrease by 1%. For the majority of counties in North Carolina, this will mean the effective sales tax you charge your customers will be 7%. As a result, don't forget to change your Sales Tax item in QuickBooks Accounting or QuickBooks Point of Sale from the current 8% to the new effective rate of 7%. You can learn more at the NC Department of Revenue website.