Good News: Triangle to Keep BIG Employer

Red Hat is expected to stay in the Triangle and add jobs. Governor Bev Perdue went to Twitter this morning to give everyone a heads up that the big announcement would be coming soon and it would have a big impact on Wake County. See this WRAL report for more on the announcement and Red Hat.

More Tax Paperwork For Landlords

Someone shared this link with me from the Washington Examiner. This expains that anyone receiving rental income must begin reporting ALL PAYMENTS TO CONTRACTORS ABOVE $600 for the year beginning in 2011. So, start collecting Tax ID numbers and social security numbers because you now have to give every contractor you use a 1099 form to report what you paid them.