Hurricane Matthew Relief Available to CPAs

By Bob Taylor, CPA

The devastation caused by Hurricane Matthew left many victims to deal with significant loss, including some of our own NCACPA members. Through conversations with the association’s staff, I know they are working on efforts to coordinate some relief efforts. In addition to what NCACPA will be doing, I wanted to ensure members are aware of the AICPA’s Benevolent Fund.

In 2012, I was honored to be appointed to the Board of Trustees for the Benevolent Fund. This fund was established in 1933 to provide assistance to AICPA members dealing with temporary periods of financial difficulty. The fund provides varying levels of assistance, including financial hardship brought on by natural disasters such as Hurricane Matthew. To learn more about the establishment of the fund, a short video is available.

In the past four years, I have been humbled by the significant financial challenges some of our members are struggling with. Our profession is fortunate to be able to provide assistance during these times of financial crisis and hardship.

Just last month, the fund was able to provide financial aid to more than 35 members in Louisiana who incurred catastrophic losses of property from the effects of flooding back in August.

If you or someone you know are in need of assistance, please direct them to the Benevolent Fund Resource Center on the site or call (866) 527-2228. There is an application process associated with the fund, which can be accessed here.

The majority of us did not incur losses nor were we directly affected from Hurricane Matthew. We are very blessed in that regard. But, the fund continues to need our help to maintain the financial resources when the need arises. So I personally solicit your support on behalf of the Benevolent Fund Trustees. If you are interested in contributing to the fund, you can learn more about making a donation on the website.

My thoughts and prayers are with everyone suffering from the storm.

bob-taylor-headshotBob Taylor, CPA, joined Potter & Company in 2003 as a lead partner of the Mooresville office. With over 30 years experience, Bob works with small business clients to help them understand accounting for their business and the positive impacts of tax planning and tax strategies. Along with small businesses, he  works with governmental entities, nonprofits, and common interest realty associations.

In addition, Bob does financial planning, business and individual tax work, estate and trust work, and financial statement preparation and analysis. Some non-traditional accounting work that Bob enjoys is business consulting, profit improvement, team management, and peer reviews of other CPA firms.

Bob grew up in Norlina, North Carolina, and has a bachelor’s degree in business administration from North Carolina State University.