Election Update | November 6, 2020
The North Carolina CPA Political Action Committee (PAC) had an extraordinarily successful election night. Although results are not yet certified,...
IRS Makes It Easier to Set Up Payment Agreements; Offers Other Relief to Taxpayers Struggling with Tax Debts
The Internal Revenue Service today announced a number of changes designed to help struggling taxpayers impacted by COVID-19 more...
Podcast | 11-2-2020
This week’s podcast focuses on the following items: IRS gives guidance to Congressional office on treatment of taxes paid on...
Podcast | 10-26-2020
This week’s podcast focuses on the following items: Fees to enter a daily fantasy sports contest is a wager in...
Podcast | 10-19-2020
This week’s podcast focuses on the following items: PPP forgiveness application deadline is not October 31 Fax line to send...
Applications for $335 COVID-19 Relief Due By Thursday, October 15
Grant provides $335 Coronavirus relief for most North Carolinians with children RALEIGH – The North Carolina Department of Revenue (NCDOR)...
Podcast | 10-12-2020
This week’s podcast focuses on the following items: SBA’s simplified Form 3508S for PPP forgiveness and the regulations authorizing its...
With Oct 15 Looming, Some Practitioners Face Daunting Challenges
By Alistair M. Nevius, J.D. In the spring, as the COVID-19 pandemic swept the globe, the IRS took action to...
IRS Extends Economic Impact Payment Deadline to Nov. 21 to Help Non-Filers
WASHINGTON – The Internal Revenue Service announced that the deadline to register for an Economic Impact Payment (EIP) is now...
Various Updates to NC Withholding Tax Informational Returns Due in 2021
NCACPA received the newest important notice (attached) published by the NC Department of Revenue. This notice addresses various updates to...
