Provisions Affecting Businesses
On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act of 2021. Click above to read more about the provisions affecting businesses.
Provisions Affecting Individual Taxpayers
On December 27, 2020, President Trump signed into law the Consolidated Appropriations Act of 2021. Click above to read more about the provisions affecting individual taxpayers.
Tax Rates 2021
The 2021 payroll tax rates and auto mileage rates have been released. Click above for the complete list of rates.
IRS Announces 2021 Pension Plan Limitations
The Internal Revenue Service announced the cost of living adjustments (COLA) for tax year 2021. These adjustments affect various limits for retirement savings plans. Click here for more information.
NC Charitable Solicitation License Online Filing
Amidst all the changes related to COVID-19, it might be easier for your organization to file its annual NC Charitable Solicitation License online. Click here for steps on how to file.
Triad Business Journal’s 40 Under Forty Event
Here are a few highlights from the 2020 Triad Business Journal's 40 Under Forty Event.
North Carolina Updates References to Internal Revenue Code and Decouples from Certain Provisions
The SBA has continued to provide updated guidance based on new legislation and to address many of the questions and concerns Borrowers have as they move closer to applying for loan forgiveness. Click to learn more.
Paycheck Protection Program Loan Forgiveness Updates
The SBA has continued to provide updated guidance based on new legislation and to address many of the questions and concerns Borrowers have as they move closer to applying for loan forgiveness. Click to learn more.
Paycheck Protection Program Flexibility Act
On June 5, 2020 President Trump signed into law the Paycheck Protection Program Flexibility Act (PPPFA) to make it easier for borrowers to qualify for forgiveness. Click to learn more.
Paycheck Protection Program Good Faith Certification
The SBA and Treasury Department recently updated their FAQs to indicate how they would assess the applicant’s good faith certification, and to extend the deadline for repayment. Click to learn more.