The General Assembly recessed its 2022 short session on July 1. Although the short session featured no major tax legislation,...
North Carolina’s late tax payment penalty will be cut in half thanks to a deal brokered by NCACPA and approved...
This week’s podcast focuses on the following items: IRS increases mileage rates effective July 1, 2022 Taxpayer unsuccessfully asks for...
State lawmakers are hopeful that they can reach an agreement on budget adjustments by June 17. The House and Senate...
This week’s podcast focuses on the following items: AICPA letter on Section 174 guidance from the IRS – TCJA changes...
This week’s podcast focuses on the following items: Taxpayer discovers her documentation for charitable contributions did not meet the IRC...
This week’s podcast focuses on the following items: Forming a new corporation didn’t break the connection to prior material participation...
NCACPA secured three key wins for taxpayers impacted by the COVID-19 pandemic in a bill passed by the General Assembly...
On February 24, NCACPA and 51 state CPA societies joined AICPA in sending a letter to the Treasury Department and...
At the urging of NCACPA, state lawmakers unanimously approved legislation to extend the March 1 state tax deadline for farmers...