New Podcast | 8-29-16

This week, the experts discuss the IRS’ relaunch of its “Get Transcript” online service and its more rigorous screening process, as well as the IRS proposal to increase fees and add new levels for determining a fee for entering into installment agreements. You can listen to the podcast here and view its corresponding notes here. To stay current on […]

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Disaster Relief Information for Those Affected by Flooding

NCACPA joins the AICPA in thinking about those who have been affected by the flooding in Louisiana. To help mitigate potential damages and lessen the financial blow of this disaster, the AICPA, American Red Cross, and National Endowment for Financial Education (NEFE) provides the Disaster and Financial Planning: A Guide for Preparedness and Recovery. This guide, written […]

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New Podcast | 8-22-16

This week, the experts discuss, among other cases, the instance of a taxpayer who had not begun actual operation of her business during the year, and was thus denied business deductions. You can listen to the podcast here and view its corresponding notes here. To stay current on federal tax updates, visit our podcasts page, where we upload a […]

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NCDOR: Corporate Tax Rate to Decrease

The North Carolina Department of Revenue’s Income Tax Division recently published a notice dated August 4, 2016, which can be found here on the NCDOR website. Important Notice: The Secretary of Revenue confirms that net General Fund tax collections for fiscal year 2015-2016 exceeded the targeted amount of $20,975,000,000. The corporate tax rate for years beginning […]

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New PCPS Resource: The Engagement Survey

In an effort to provide members with valuable practice management tools, NCACPA is now partnering with the AICPA to bring a new resource to you each month. In August, we are sharing “The Engaged Employee—Engagement Survey.” This quick questionnaire will help you better understand your team’s overall perception of how strong employee engagement is at the firm.  The results […]

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New Podcast | 8-15-16

This week, the experts discuss, among other things, an IRS warning regarding attempts to trick tax professionals to install malware on their systems by clicking an “update” link for their tax software. Also discussed is a change in IRS process—they will no longer make phone contact for Federal Tax Deposit (FTD) alerts until a letter of notice […]

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New Podcast | 8-8-16

This week, the experts discuss, among other things, a deduction allowed for MBA program-related expenses (despite the taxpayer being unemployed for the last part of the program), as well as a reverse on a Tax Court decision concluding home mortgage debt limitations be applied on a per taxpayer, not a per resident (as previously decided), […]

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New Podcast | 8-1-16

This week, the experts discuss, among other things, the IRS’ release of a draft copy of the 2016 Form 8867 to use for preparing 2016 returns. You can listen to the podcast here and view its corresponding notes here. To stay current on federal tax updates, visit our podcasts page, where we upload a new episode each week.

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New Podcast | 7-25-16

This week, the experts discuss, among other things, the IRS’ restarting of the IP PIN program that was shut down in March because of fraudulent returns being filed with reissued PINs. You can listen to the podcast here and view its corresponding notes here. To stay current on federal tax updates, visit our podcasts page, where we upload a new […]

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New Podcast | 7-18-16

This week, the experts discuss, among other things, the significant changes proposed by the IRS and Department of Labor to the Form 5500 filings, including requiring all employers who provide health coverage to file a Form 5500 of some sort beginning with the 2019 filings. You can listen to the podcast here and view its corresponding […]

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