ncacpa-govt-advocacyNo one does more to advance and safeguard your profession in North Carolina.

NCACPA strives to represent the profession’s interests in vital areas of public policy formation, standard-setting, and rule-making that would have impact on members, the profession as a whole, and the North Carolina business climate. Also, the association identifies and supports the campaigns of those legislators and candidates who understand the profession through our NC CPA Political Action Committee (PAC).

PTIN System Has Reopened

On June 1, 2017, the United States District Court for the District of Columbia upheld the Internal Revenue Service’s authority to require the use of a Preparer Tax Identification Number (PTIN), but enjoined the IRS from charging a user fee for the issuance and renewal of PTINs.  As a result of this order, PTIN registration […]

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Tax Alert on Conference Budget Bill Provisions

The association received an important Tax Alert from our legal counsel, Smith Anderson. Bill Nelson, a partner at the firm, outlined the tax provisions contained in the conference budget bill released by the General Assembly yesterday morning. This PDF version of the complete Tax Alert focuses on the following four sections: 1. Personal Income Tax […]

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Mobile Workforce Legislation Passes US House, with Backing of Reps. Pittenger and Walker

The U.S. House of Representatives has passed the Mobile Workforce State Income Tax Simplification Act of 2017, H.R. 1393, which is intended to simplify state income tax reporting and withholding rules for employees who sometimes work outside their home states. The bipartisan legislation had the active backing of North Carolina’s U.S. Representatives Robert Pittenger and […]

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NCACPA Chair to Appear on UNC TV Segment on State and Federal Tax

Rollin Groseclose, Chair of the NCACPA Board of Directors, will be featured as a guest panelist on the UNC TV segment Bottom Line, on Friday, June 23 at 10:00 pm. Rollin, along with co-panelists Bill Nelson of the Smith Anderson law firm, and Dr. Mike Walden of North Carolina State University, will answer questions and provide […]

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CEO Recap—NCACPA Capitol Hill Visit

In late May, a delegation of NCACPA leaders attended AICPA Spring Council in Washington, DC, and also met with legislators on Capitol Hill to advocate in several areas impacting association members. In the video below, CEO Sharon Bryson recaps the topics discussed, as well as the outcomes. The top three issues of focus included federal […]

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House Budget Finance Provisions Released

Earlier this morning, the association received the House Finance Package in their version of the budget, which includes the summary, bill text, and a fiscal note. The bill including these provisions will be debated by the House Appropriations Committee today and on the House floor Thursday and Friday. Additional updates will be shared once received.

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Top Accounting Issues Discussed on Capitol Hill

Earlier this week, NCACPA leaders took to Capitol Hill to discuss with legislators the key issues and opportunities facing the profession, particularly on the federal level. Many groups representing the profession conduct these visits after tax season to share their collective expertise with lawmakers and other Beltway insiders.  Accounting Today provided a list of the […]

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NCACPA Meets With Legislators on Capitol Hill

Leaders of NCACPA had the opportunity to meet with legislators on Capitol Hill following AICPA Spring Council earlier this week. During their visit, the association met with Senator Burr and Senator Tillis at their respective offices, as well as with Representatives Pittenger, Hudson, and Rouzer. “I am very pleased with how open our conversations were […]

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Senate Budget Finance Provisions Available

The association has received the Senate budget, which contains several financial provisions relevant to our members. Those provisions have been extracted from the full budget document in this attachment, and can also be located beginning on page 348 of this additional attachment, which is the full budget document for your reference. An outlined summary of […]

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Governor Cooper Names Leader for Department of Revenue

Today, April 7, 2017, Governor Roy Cooper announced Ron Penny as leader of the Department of Revenue. Penny has served as Acting Secretary of Revenue since January 2017, and his first job out of college was in the Department of Revenue mailroom. He previously served as chair and associate professor in the Department of Public […]

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