On November 12, 2025, the United States Mint announced that it will no longer produce pennies for circulation. In response, the North Carolina Department of Revenue (NCDOR) issued Sales and Use Tax Directive 26-1 to… Read More
North Carolina’s new Conservation Tax Credit is an incentive created to encourage landowners and businesses to preserve valuable natural and cultural resources across the state. If you or your business has donated or is considering… Read More
The North Carolina Department of Revenue published its 2026 Sales and Use Tax Bulletins effective January 1, 2026. The bulletins include several notable updates providing new guidance on tariffs, parking fees for accommodation rentals, boat… Read More
The Tax Cuts and Jobs Act provides for a number of tax figures to be adjusted annually to reflect cost‐of‐living adjustments based on the Consumer Price Index for the 12‐month period ending the previous August… Read More
Are you an employer or Human Resources professional looking to strengthen your recruitment and retention strategies? Employee benefits increasingly play a critical role in attracting and retaining valuable employees in a competitive job market. Employers… Read More
Effective July 1, 2025, North Carolina will have a new transportation commerce tax that will significantly impact businesses providing for-hire ground transportation services. This new excise tax specifically targets rideshare platforms like Uber and Lyft,… Read More
A reduction in force (“RIF”) refers to permanent termination of employees as part of a planned program due to an employer’s need to reduce payroll costs or headcount in response to changed business circumstances. Commonly… Read More
As of April 2, 2025, the U.S. government is set to impose a slew of new tariffs, including a 25% tariff on all imported cars and key auto parts. While these policies may seem aimed… Read More
Are you a videographer, photographer, or musician in North Carolina? If you’re selling digital content, you might be surprised to learn that you may need to collect sales tax—even when no physical product changes hands. … Read More
On November 18, 2024, as part of its efforts to strengthen the quality of care provided by nursing homes through oversight and compliance programs, Centers for Medicare & Medicaid Services (CMS) issued Revised Long-Term Care… Read More