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.
NCACPA received a response from the NC Department of Revenue regarding our prior correspondence to Secretary Penny related to the Extra Credit Grant Program. The Department’s reply is attached. While we didn’t received the response we hoped for, we appreciate that Association members quickly identified a tax preparation software error that prevented original returns from…
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…
The IRS just released a statement and guidance for taxpayers and tax preparers who were affected by the CCH outage on September 15th. Attached is the memo from the IRS Deputy Commissioner for Services and Enforcement.
Grant provides $335 Coronavirus relief for most North Carolinians with children The North Carolina Department of Revenue (NCDOR) announced that it is now accepting applications for $335 Extra Credit Grants through Oct. 15. The program, which Governor Roy Cooper signed into law earlier this month as part of the Coronavirus Relief Act 3.0, will help…
The NCACPA Taxation Committee will hold its annual meeting in the fall with key NC Department of Revenue personnel, at which time there will be an opportunity to pose questions and submit comments. Each year, NCACPA asks the membership to help provide questions for these meetings. Please add questions or comments you wish to be…
By Alistair M. Nevius, J.D. Tax practitioners who use two CCH return preparation products reported problems with corrupted files and an inability to e-file returns on Sept. 15, resulting in tax returns that were not filed on time. Due to technical problems with CCH’s e-filing system, users were unable to get their returns into the…
On August 31, 2017 the AICPA released Evolving Peer Review Administration to Enhance Audit Quality [white paper]. NCACPA knew significant changes to the peer review administration were on the horizon. Since that time, NCACPA has taken great care to adhere to the various benchmarks and new procedures, all while efficiently using available resources. The AICPA’s…
By Alistair M. Nevius, J.D. With Sept. 15 tax filing deadlines looming, some tax practitioners have expressed concerns that they will not be able to meet those deadlines for a variety of reasons related to the global pandemic. Issues mentioned by AICPA members range from the extra time spent with economically challenged clients; to unexpected…
We recently received word from the N.C. Department of Revenue (NCDoR) that they will upgrade a number of online payment web pages on their website later this month. The Department wants our members to be ready to use the improved payment web pages, which will have a new, more modern and streamlined appearance. The web…
This Week’s Short Session On Wednesday, September 2, the legislature returned to Raleigh to fast-track HB 1105-Coronavirus Relief Act 3.0, which allocates the remaining federal CARES Act funding to address the state’s needs. In the spring, North Carolina received $3.59 billion from the federal legislation, and $903 million remained. Without the federal government providing additional…