Employee Retention Credit

April 1, 2020

The Treasury Department and the Internal Revenue Service have launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50…

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Paycheck Protection Program

April 1, 2020

The small business Paycheck Protection Program begins accepting applications this Friday, April 3, 2020.  The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of…

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Reminder – FFCRA Becomes Effective Today, April 1, 2020

April 1, 2020

The federal Families First Coronavirus Response Act (FFCRA) becomes effective today, April 1, 2020, and requires employers with less than 500 employees to provide their employees with paid sick leave…

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Gov. Cooper Issues New Executive Orders

April 1, 2020

Governor Cooper has issued two additional executive orders this week to address COVID-19 related issues. Executive Order 122, issued March 30, 2020, eases regulations on the disposition of state surplus property…

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NC Department of Revenue Notice on Tax Relief

March 31, 2020

The North Carolina Department of Revenue has issued an Important Notice: Department of Revenue Expands Penalty Relief for Taxpayers Affected by Coronavirus Disease 2019 (COVID-19). The Department notes that penalties will…

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NC House Select Committee on COVID-19

March 31, 2020

Various subcommittee “working groups” of the newly appointed North Carolina House of Representatives of Select Committee on COVID-19 are continuing to meet remotely this week, to begin the preliminary work to develop…

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Local “Stay at Home” Orders Conflicting with Statewide Order

March 28, 2020

NCADA is currently working to address the impact of various local government “stay at home” orders in the State which conflict with Governor Cooper’s Executive Order 121 that recognized “automobile…

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Governor Cooper Issues Statewide “Stay at Home” Order

March 27, 2020

Governor Roy Cooper issued a new Executive Order 121, today, Friday, March 27, 2020, that will implement a statewide “stay at home” order, that will be effective Monday, March 30,…

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Executive Order 120 Issued Prohibiting Mass Gatherings of More Than 50 and Closes Some Businesses

March 23, 2020

Governor Cooper Issues New Executive Order 120 Governor Cooper issued Executive Order 120 on Monday, March 23, 2020, to implement additional measures to address the impact of the COVID-19 pandemic in…

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COVID-19 Tax Extension Pushes Deadline to July 15, 2020

March 21, 2020

NCDOR Announces Tax Filing Deadline Extension To July 15, 2020 The North Carolina Department of Revenue has announced that the deadline for the filing of North Carolina income tax returns…

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