Nominating Committee Report

The Nominating Committee met in Charlotte on January 31,2019, and is pleased to present the following slate of officers and directors, which will be voted upon during the Annual Business Meeting scheduled for May 2, 2019. Austin Wachter (Nuveen, Charlotte) will become the 2019-20 Chair, and Scott Showalter (North Carolina State University, Raleigh) will assume […]

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NC Department of Revenue to Assist Taxpayers Affected by Federal Furlough

FOR IMMEDIATE RELEASE Contact: Schorr Johnson, Director of Public Affairs (919) 814-1010 NC Department of Revenue to Assist Taxpayers Affected by Federal Furlough  Raleigh, NC—The North Carolina Department of Revenue (NCDOR) announced today that as the partial federal government shutdown continues, the NCDOR is offering assistance to taxpayers financially impacted by the furlough. Taxpayers are […]

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NC Secretary of Revenue Waives e-Filing Penalty for Form NC3

The Association has been in frequent communications with the Department of Revenue over the past month on the NC-3 e-Filing issues. This week in particular, we have been persistently engaged reiterating the concerns our members have with the current electronic filing process. The Department of Revenue has readily heard our concerns and the Secretary of […]

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NC-3 Updates from NC Department of Revenue

As was posted yesterday, we have been in frequent contact with the Department of Revenue regarding incompatibility of tax-filing software with the NC-3 online portal. We posed a number of questions to DoR yesterday afternoon, and have just received the following responses from them (view this PDF for additional Q&A). o   Is there any possibility […]

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NC Department of Revenue on Real Estate Tax Deduction

Last week, we shared the NC Department of Revenue’s responses to a series of tax questions posed by NCACPA members. We received one additional response yesterday: Can a taxpayer deduct more than $10,000 of real estate tax on a North Carolina return?  G.S. 105-153.5(a)(2) allows a taxpayer in calculating North Carolina taxable income to deduct […]

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Annual Meeting with NC Department of Revenue

By Sharon H. Bryson, M.Ed. NCACPA Chief Executive Officer Each year, the NCACPA Taxation Committee and the Tax Section of the NC Bar Association meet with leaders of the NC Department of Revenue. Last Thursday, our organizations had the opportunity to network over lunch and hear several updates from key representatives within the Department. We […]

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Update on NC-3 Online Portal

Our members have sent several questions regarding the NC-3 online portal process with the NC Department of Revenue. The following update should provide clarity on many of the questions posed, and the DoR will have an additional update for us to share with members by the end of this week. In September/October, the DoR gives […]

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AICPA Announces Scholarship for CPAs Seeking PhDs

By Sean McCabe The American Institute of CPAs announced on Tuesday that it will be launching a new scholarship program sponsored by the AICPA Foundation aimed at helping CPAs pursuing their PhDs. The $10,000 William (Bill) Ezzell Scholarship will be awarded to five accounting PhD candidates who “demonstrate significant potential to become mentors for the […]

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2019-2021 New Members of the NC General Assembly

This resource provides a list of new members of the House and Senate of the NC General Assembly for the 2019-2021 term. If you are connected with any of the new members listed, or incumbent members of the NC General Assembly, please consider becoming a key contact to aid the Association’s advocacy efforts for the […]

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