COVID-19 Relief

NCACPA led and championed many COVID-19 relief measures at both the state and federal level. On the state level, we were pleased the NC Department of Revenue honored our request on behalf of taxpayers and the state of North Carolina to extend the filing and payment deadline to July 15. Additionally, NCACPA fought for accounting to be listed as an essential business service in light of stay-at-home orders throughout North Carolina.

On the federal level, NCACPA worked with Senator Burr and Senator Tillis on critical clarifications and improvements needed with small business loans in light of COVID-19, as well as to secure their assistance in pressuring the Treasury Department and the IRS to provide targeted penalty relief for late filings and payments resulting from delays due to the pandemic.

April 2020