ONLINE CPE REGISTRATION UPDATE
As NCACPA completes its system migration, registration for online CPE courses will temporarily close at 12:00 a.m. on the day prior to each program to allow for accurate attendance and CPE processing. We appreciate your understanding and will share updates once this step is no longer necessary. Please contact Solutions Support at 800-469-1352 with questions.
By Chris Baysden Individual taxpayers have plenty of questions about how the new tax reform law will impact them. So we asked Amy Wang, a CPA who is a senior technical manager for tax advocacy at the AICPA, to provide some clear, easy-to-understand answers to some of the most common questions. If you care about…
This article first appeared in CGMA Magazine. For more articles, sign up for the daily email update CGMA Advantage at...
NCACPA just learned of a spam email sent to some AICPA members. Here is the message we received: Dear Peer Review Administrators, We were recently notified that the spam email shown below was sent to some AICPA members. We do not know how many members received the email. The AICPA IT Team is currently investigating….
By Sally P. Schreiber, JD The IRS announced that the 2018 dollar limitations on retirement plan contributions, outlined in IR-2017-177 and Notice 2017-64, were unchanged by P.L. 115-97, known as the Tax Cuts and Jobs Act (IR-2018-19). Although the new law made changes to the method of calculating cost-of-living increases, after applying the new methods, the contribution limits…
By Paula McMillan, CPA/PFS, CFP, CGMA It was great to see 28 women come together to get to know each...
The Association heard from a representative at the Department of Revenue that an error has been discovered on 2017 Form 1099-INTs mailed the week of January 22, 2018. In the Recipient’s Identifying Number box, the oldest tax year in which interest was paid during the year is printed to the left of the identifying number…
By Ken Tysiac There’s some understandable concern these days about the possibility that increased use of artificial intelligence (AI) will...
RALEIGH – The North Carolina Department of Revenue (NCDOR) officially opened the 2018 tax filing season and began accepting and processing individual income tax returns on Monday, Jan. 29. The Internal Revenue Service opened the federal tax filing season on the same day. NCDOR is making available free online filing (eFile) for qualifying taxpayers with…
By John Huskins and J. Calvin Marks One of the headline pieces of the Tax Cuts and Jobs Act of 2017 that impacts tax-exempt organizations is the excise tax on compensation paid to certain employees in excess of $1 million. The tax generally applies only to compensation paid to the five highest-compensated current and former…
With filing season beginning next week, the IRS will begin sending PTIN expiration notices tomorrow. It will finish sending them by the end of the week to about 154,000 PTIN holders. This document explains to the recipient of the notice that they can still renew their PTIN at any time, but until they do, their…