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).

Former NCACPA Board Member Appointed to State Board of CPA Examiners

On July 24, former NCACPA Board of Directors member, Art Winstead, Jr., was sworn in to a three-year term on the NC State Board of CPA Examiners. Art has been a long-time engaged member of NCACPA serving in numerous roles, in addition to the board, to include the Peer Review and Accounting & Attestation Committees. […]

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NC General Assembly Enacts NCACPA’s Proposed Changes to SB 628

The General Assembly reconvened on August 3 for a one-day session to consider veto overrides and adopt conference reports. During the session, the House and the Senate voted to adopt the conference report for SB 628, Various Changes to Revenue Laws, which makes numerous technical changes to the North Carolina tax code. NCACPA was highly […]

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Think a Data Breach Can’t Happen to You? Think Again…

Tax professionals increasingly are targets of national and international cybercriminal syndicates that are well funded, digitally adept, and tax savvy. Each week the IRS receives three to five reports of data breaches at tax professionals’ offices. That rate is not sustainable. To assist tax practitioners to better protect themselves, the IRS, state tax agencies, and […]

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NCACPA Urges Conferees to Support Passage of SB628, Various Changes to Revenue Laws

In advance of the August 3 session of the General Assembly, the Association has been in communication with legislators to request their support of Senate Bill 628, Various Changes to Revenue Laws. The bill includes numerous provisions supported by NCACPA that clarify current tax law and benefit taxpayers and tax preparers. As shared previously, NCACPA […]

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General Assembly Adjourns; SB628 Status

After a week of late night sessions and committee meetings with little notice, the General Assembly has adjourned until August 3. Substantial progress was made on SB628 this session. The bill passed both houses and was assigned to a conference committee to work out the differences between the House and Senate versions of the bill. […]

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Major Tax Legislation Enacted—2017 North Carolina General Assembly

The Association just received a new Tax Alert summarizing the changes made by all the tax legislation that passed during the General Assembly’s regular session that just adjourned. Bill Nelson, a partner with Smith Anderson, provided NCACPA with this timely information. The Tax Alert updates and supplements the previous alert Bill prepared on the budget bill by […]

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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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