Today, September 28, 2020, NCACPA CEO Sharon Bryson, M.Ed., sent the attached letter to NCDOR Secretary Penny requesting his assistance in resolving the urgent compliance issue threatening the effectiveness of the Extra Credit Grant Program. Referencing the authority provided under NC Gen. Stat. §105-155(d), NCACPA requested Secretary Penny consider authorizing each CPA firm to file, by October 15, a single list of all the taxpayers (by identifying numbers) for whom it prepared returns and who have qualifying children who were not reported on line 10a. Each such filing would be designated an amended return.
Included in the letter is also an offer to discuss alternate solutions to the problem, underscoring the importance of efficiency and timeliness. Once a response has been received, we will immediately share it with the membership.