NC State Board of CPA Examiners Welcomes New Member

The North Carolina State Board of CPA Examiners announced that Wanda B. Taylor, Esq., from Raleigh, was recently appointed. Her appointment was announced by the office of Governor Roy Cooper in early March. Taylor swore the Oath of Office at the Board’s March 19, 2019, meeting and will serve as one of two public members […]

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Return & Extension Acknowledgements by NC Department of Revenue

Due to a massive volume of e-filed tax returns and extensions, the NC Department of Revenue is experiencing a delay in sending out acknowledgements. They anticipate these confirmations will be behind by a few days, and will relay more specific updates to NCACPA as they are received by the Department’s I.T. staff. However, returns and […]

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New Federal Law for Military Spouse Same-State Tax Filing

A new federal law signed by President Donald Trump on December 31, 2018, the Veterans Benefits and Transition Act of 2018, allows military spouses to choose the same state of residence as their service member for tax filing purposes, regardless of whether they have ever lived in the state. A tax bulletin from the Virginia […]

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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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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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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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