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NC Reopens Grant Program for Businesses Affected by COVID-19
NC Reopens Grant Program for Businesses Affected by COVID-19

Yesterday, North Carolina reopened its Business Recovery Grant program for a second round of...

Pandemic Related Changes for Tax Year 2021
Pandemic Related Changes for Tax Year 2021

The past few years have been a whirlwind of tax law changes in response to the pandemic – both for...

Restaurant Revitalization Fund Recipients: Important Reporting Deadline Approaching
Restaurant Revitalization Fund Recipients: Important Reporting Deadline Approaching

If you received RRF money, please pay close attention to this post.  The SBA requires that all...

Infrastructure Bill Would End Employee Retention Credit in September
Infrastructure Bill Would End Employee Retention Credit in September

When it returns from recess on August 23, the House of Representatives will vote on the...

New PPP Forgiveness Portal Simplifies Process
New PPP Forgiveness Portal Simplifies Process

A simplified PPP loan forgiveness application process is here.

SBA Withdraws Loan Necessity Questionnaire
SBA Withdraws Loan Necessity Questionnaire

The SBA has officially withdrawn the loan necessity questionnaire for PPP loans made of $2 million...

More Clarification on the Employee Retention Credit
More Clarification on the Employee Retention Credit

Recently, we’ve received a lot of questions from clients about the Employee Retention Tax Credit –...

What To Do If You If You Did Not Receive NC's Extra Credit Grant
What To Do If You If You Did Not Receive NC's Extra Credit Grant

As part of its COVID relief, NC made a payment of $335 to families with eligible children (age 16...

Potential Change in PPP Deductibility in NC
Potential Change in PPP Deductibility in NC

If you received a PPP loan and file taxes in North Carolina, we have some exciting news to share. 

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