WASHINGTON, D.C. Sen. Thom Tillis (R-NC) introduced legislation this week that would help servicemembers deduct more of their travel expenses when driving to complete required drills and duty training. Typically, members of the National Guard pay for travel out of their own pocket. They can only claim mileage and other travel expenses on their taxes if go more than 100 miles from their residence for training, or if the expenses are more than two percent of a soldier’s adjusted gross income. The Savings for Servicemembers Act would reduce the travel minimum for a deduction to 50 miles, just like other federal employees.”12,000 citizen soldiers fill the ranks of the North Carolina Army and Air National Guard,” Tillis said. “This legislation helps level the playing field and removes a fundamental unfairness from the system.”Sen. Amy Klobuchar (D-MN) is co-sponsoring the legislation.
NEW YORK CITY – The trustee recouping money for Bernard Madoff’s victims has reached more than $23 million of settlements with the estates of the swindler’s late sons and related defendants, ending more than eight […]
RALEIGH The N.C. Senate released its $22.9 billion state budget Tuesday, focusing spending efforts on raises for state employees, including teachers and principals, community health centers, and tax cuts. The full text of the […]
RALEIGH The North Carolina House of Representatives passed legislation this week that increases the penalty for impaired boating resulting in death or injury to a felony. House Bill 958 is officially referred to as […]