INCOME TAX INTEREST WAIVER BECOMES LAW

A top legislative priority for NCACPA was signed into law by Governor Roy Cooper on April 27. Under HB 279 (Session Law 2021-16), North Carolina waived the interest that would have accrued on the underpayment of individual income taxes between April 15, 2021, and the extended filing deadline of May 17, 2021. The measure passed with bipartisan, unanimous support in the House and Senate. 

April 2021