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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Member Resource: Summary of 2015-2016 Tax Legislation

This very informative summary was specifically designed for members to use with their clients and colleagues. The summary was provided to the Association for our members’ use, with permission from Smith Anderson. This alert summarizes the major tax provisions included in legislation passed by the 2015-2016 North Carolina General Assembly in its short session, which […]

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NC Governor Pat McCrory Proclaims September 23, 2016 as CPA Day of Service

For the fifth consecutive year, North Carolina Governor Pat McCrory signed a proclamation officiating the state’s CPA Day of Service, which will fall on September 23, 2016, this year. The association is very appreciative of the governor’s display of support towards the profession and this service initiative in the state of North Carolina. CPA Day […]

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New Podcast | 7-11-16

This week, the experts discuss a recent IRS warning to tax preparers regarding the risk posed to them and their clients from recent data theft issues. This podcast also covers regulations proposed by the IRS on the health credit that helps explain how employers could use opt-out arrangements and not increase their potential liability for […]

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AICPA MAP Survey Sign-Up Closes to New Participants July 15th

We’re only a week away from the deadline to sign up for participation in the 2016 MAP survey! Have you entered your firm’s data? The country’s largest practice management survey depends on you. Participate today! July 31 is the final deadline to complete the survey. Please note, July 31 is the final deadline and there […]

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New Podcast | 7-5-16

This week, the experts discuss information released by the IRS from the 2016 Security Summit outlining steps the IRS and other parties have taken to attempt to combat income tax refund fraud and identity theft. This podcast also covers the tax aspects of crowdfunding as discussed in a recent IRS information letter. You can listen to […]

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New Podcast | 6-28-16

This week, the experts discuss procedures for obtaining Work Opportunity Credit certifications for 2015 and early 2016 hires as outlined by the IRS (in response to problems created by Congress’s delay in extending expired code provisions). This podcast also covers a case in which taxpayers lost virtually all of their charitable contributions for failure to […]

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NC Senate Moves Forward With Amendment to Cap Income Tax

By Lynn Bonner, News & Observer  A proposed change to the North Carolina constitution that would reduce its cap on income tax advanced in the state Senate over objections that it could hurt the state when it faces financial crises or natural disasters. Senate Republicans want three changes to the constitution: capping the personal and […]

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Lawmakers Say North Carolina Budget Agreement Reached

RALEIGH, NC (AP) — Republicans in North Carolina’s General Assembly have agreed on budget adjustments for the upcoming fiscal year containing sizeable average pay raises for all current teachers and across-the-board raises for state employees. The compromise, disclosed late Monday by Senate leader Phil Berger, House Speaker Tim Moore, and other lawmakers after about three weeks of […]

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