The annual bill to update North Carolina’s tax law with the Internal Revenue Code cleared its first legislative hurdle on...
A top legislative priority for NCACPA was signed into law by Governor Roy Cooper on April 27, shortly after the...
The Treasury Department and the Internal Revenue Service issued Revenue Procedure 2021-20 for certain businesses that received first-round Paycheck Protection...
Upon their return from spring break, lawmakers in the House quickly moved this week to adopt legislation supported by NCACPA...
For months, state legislative leaders steadfastly refused the idea of conforming to a federal tax deduction for recipients of forgiven...
NCACPA has learned that a measure to allow state tax deductions for expenses associated with forgiven Paycheck Protection Program loans...
The North Carolina Department of Revenue plans to announce that it will expand the April 15 tax filing and payment...
This week’s podcast focuses on the following items: IRS makes a major change in computation of excludable ARPA unemployment PPP...
When a retroactive federal tax break included in the new COVID-19 relief bill created a compliance headache for tax preparers...
This week’s podcast focuses on the following items: IRS releases instructions on reporting ARPA unemployment exclusion AICPA recommends IRS issue...