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.
The IRS has suspended the mailing of three notices – the CP-501, the CP-503 and the CP-504 – that go to taxpayers who have a balance due on their taxes. Although the IRS continues to make significant reductions in the backlog of unopened mail that developed while most IRS operations were closed due to COVID-19,…
In our latest News to Know email, CEO Sharon Bryson provided this video update on remaining 2020 events and shared information about two brand-new resources available exclusively to NCACPA members. Additionally, this email contained information regarding results from the CPA Profession’s COVID-19 Sentiment Survey and Current & Emerging Technology Council’s (CETC) 2020 Market Guide. You…
The Current & Emerging Technology Council’s 2020 Market Guide is here! NCACPA members can now access the full guide using this link. Specifically tailored for accounting professionals and available exclusively to members, NCACPA’s Current and Emerging Technology Council compiled information on current industry-standard tools. Several of the solutions included in the guide address the pressing…
NCACPA partnered with 17 state CPA societies to measure the concerns and challenges faced by CPAs in the early months of the pandemic. The first survey results are now available and can be accessed by this link. Our team is assembling resources related to what members identified as needed resources and we will be sharing those…
This afternoon, Senator Burr’s office sent NCACPA an update from the Small Business Administration on loan forgiveness, as the SBA & Treasury have released additional guidance: o Frequently Asked Questions For Loan Forgiveness (Released 8/4/20) o Summary of PPP lending as of 7/31/20 (Released 8/3/20) For more information and updates, visit SBA.gov/PaycheckProtection or Treasury.gov/CARES.
NCACPA CEO Sharon Bryson, M.Ed., along with 27 other state society CEOS, sent a letter to Congressional leadership urging them to pass legislation that would close a projected collective budget gap of $555 billion that states and local governments face in this fiscal year and the following two years. This response stems from the impact…
The National Association of State Boards of Accountancy (NASBA) Board of Directors announced its unanimous vote of support for the advancement of the CPA Evolution initiative to design and implement a new approach to CPA licensure. Here’s a link to the Journal of Accountancy article announcing the vote and the press release from NASBA….
On Monday, July 20, NCACPA received the attached notice from the NC Department of Revenue (NCDOR). This notice is intended to assist taxpayers in understanding recent law changes that decouple North Carolina income tax law from federal income tax law. Today, Wednesday, July 22, the Sales and Use Tax Division published the following Important Notice:…
By Rick Meyer, CPA, MBA, MST Congress will soon be returning from their July recess and then they’ll have a short period before their August recess. They will be taking a hard look at the next round of legislation to help with the impact of Covid-19. The R&D credit, that has been used to encourage…