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).

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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Two NCACPA Members Elected to State Board of CPA Examiners

On March 22, 2017, the North Carolina State Board of CPA Examiners elected new officers, including two NCACPA members. Wm. Hunter Cook, CPA, was elected President of the Board, and Cynthia B. Brown, CPA, was elected Vice President. You can read the Board’s press release below, and access the online version here. State Board of CPA […]

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NC Senate Bill Would Require Audits of All Nonprofits with State or Local Funding

A bill (S304) filed in the NC Senate last Thursday would require every nonprofit that receives state or local government funding to have a financial audit at least once every four years. Currently, nonprofits are only required to be audited if they receive at least $500,000 in state grant funds. The audits would be performed […]

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Reminder: Dangerous W-2 Phishing Scam Evolving; Targeting Schools, Restaurants, Hospitals, Tribal Groups, and Others

WASHINGTON – The Internal Revenue Service, state tax agencies and the tax industry issued an urgent alert today to all employers that the Form W-2 email phishing scam has evolved beyond the corporate world and is spreading to other sectors, including school districts, tribal organizations and nonprofits. In a related development, the W-2 scammers are […]

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NCDOR Announces e-Filing Launch Date

The Department of Revenue has announced that the e-Filing portal for Form NC-3, W-2s, and 1099s will launch on Friday, January 13. More information is available on their website.

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State Auditor’s Race Ends

Today, December 9, Republican candidate Chuck Stuber, CPA, conceded the state auditor’s post to Democratic incumbent Beth Wood, CPA. The following statements were released by both candidates: Chuck Stuber, CPA “The statewide recount is almost over, and it appears my campaign will come up short on the vote count. I want to offer my congratulations […]

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NCDOR Responds to Tax Committee’s Questions

NCACPA’s Taxation Committee convenes annually with the executive staff of the NC Department of Revenue. This meeting provides the opportunity to build relationships, make suggestions, identify key personnel who can assist in resolving issues, and collectively solve problems. Members of the Tax Section of the NC Bar Association also gathered questions from their membership and […]

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