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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79th Annual Symposium

Event: 79th Annual Symposium Date: November 12–14, 2018  Location: Grandover Resort and Conference Center, Greensboro Symposium is like the “all of the above” answer on a multiple-choice test. The various topics, speakers, and attendees make this single accounting event one that comprises the most recent updates discussed across a multitude of different conferences. With more […]

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New Podcast | 10-8-18

This week’s podcast focuses on the following items: IRS issues SIFL rates for second half of 2018 Information letter discusses more issues with the SALT workaround regulations Business meals will remain 50% deductible despite TCJA law changes ECPRS program updated by the IRS Market discount not subject to TCJA revenue conformity rule §457 plan not […]

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Surviving the Financial Storm

By Adam Shay, CPA, MBA, managing partnery of Adam Shay CPA, PLLC. The last few weeks have been a whirlwind of physical and emotional challenges.  Our Wilmington community is strong and we will come through this together. One of the less discussed aspects of Florence so far is the post-storm financial impact on individuals and […]

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New Disaster Relief Resources for CPAs

The Association has received generous outreach and resources from CPAs in other states who have recovered from similar devastation as Hurricane Florence. Gerald Schreiber, CPA, has authored and provided NCACPA two materials: What’s Next Now That the Flood Waters Have Gone Down? and Tax Treatment of “Qualified Disaster Payments.”

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NCDoR Announces Sales Tax Exemption for Disaster Assistance

FOR IMMEDIATE RELEASE Contact: Schorr Johnson, Director of Public Affairs (919) 814-1010 NC Department of Revenue Announces Sales Tax Exemption for Disaster Assistance Waiver Allows SNAP Purchases of Hot Food Tax-Free RALEIGH, NC– In response to Hurricane Florence, the North Carolina Department of Revenue today published a notice advising retailers across the state that the […]

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Unemployment Relief for Those Affected by Hurricane Florence

Posted by CAI on 9/19/18 The Division of Employment Security (DES) announced on Monday, September 17, 2018 that eight counties in North Carolina have been approved for Disaster Unemployment Assistance (DUA) due to the effects of Hurricane Florence.  They are as follows:  Beaufort County, Brunswick County, Carteret County, Craven County, New Hanover County, Onslow County, Pamlico […]

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