Waves is an unincorporated community located in Dare County, North Carolina, on Hatteras Island, part of North Carolina's Outer Banks. Originally part of the settlement of Chicamacomico, Waves was known as South Rodanthe until 1939. In this approximate location a low sandy promontory known as Cape Kenrick is shown on colonial era maps associated with Wimble Shoals just offshore. The Northern border of Waves is generally considered to be the ditch that runs under Highway 12 just South of Resort Rodanthe Drive. The Southern border between Waves and Salvo is more ambiguous. Many long-time residents will point to different spots as the "official line" between Waves and Salvo. Formerly Rodanthe, Waves and Salvo were each supported by their own town Post Office. Today a single Post Office, located in Salvo, serves the entire community and the former lines that separated each community have become more fuzzy in definition.

What is tax law?

Tax law is the codified system of laws that describes taxes on economic transactions. Tax attorneys advise and represent individuals and businesses on all types of tax issues -- including income tax, payroll tax, property tax, and estate and gift taxes. Tax attorneys ensure that their clients are in compliance with federal and state laws and regulations, and represent taxpayers in enforcement proceedings initiated by the Internal Revenue Service (IRS) and/or state taxation agencies.

Answers to tax law issues in North Carolina

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

At the federal level, the primary tax is the income tax. Most know this form of taxation by the completion of the...

The IRS can seize just about anything you own-including your home and pension plans. There is a list of items exempt...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

Non-profits will want to apply for and obtain federal and state nonprofit tax exemptions. Many groups don't want to...

The Tax Relief and Health Care Act of 2006 made significant changes to the Informants Reward Program under the False...