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CORONAVIRUS (COVID-19) RESOURCE CENTER

RECENT INSIGHTS:

  • North Carolina Legislative Building

2021 North Carolina Tax Reform

August 4, 2021|

North Carolina is on the verge of passing major tax changes affecting corporate, pass-through, and individual taxpayers. If passed, the state's corporate income tax would be eliminated and 250,000 taxpayers would be removed from state tax rolls.

  • construction prices

Price Volatility in the Construction Industry

August 3, 2021|

Rising lumber prices aren’t the only numbers that construction firms are closely following. Price surges across many construction inputs are creating supply and demand volatility and concerns of inflation.

  • changes ahead sign

Employee Benefit Plan Audit Changes Under SAS 136

July 29, 2021|

Statement on Auditing Standards (SAS) No. 136 is quickly coming up on the employee benefit plan horizon. Plan sponsors should familiarize themselves with the changes so they can be fully compliant for periods after December 15, 2021.

  • help wanted sign

The Members Are Back … What About the Employees?

July 27, 2021|

The unemployment rate for leisure and hospitality, 10.1 percent, is nearly twice the national average. However, there are Help Wanted signs everywhere and a bountiful number of job postings. How are private clubs responding to this challenge?

  • gift cards

Can Not-for-Profits Use Gift Cards?

July 20, 2021|

Not-for-profit organizations may be tempted to give gift cards to employees, volunteers, or those in need, but they need to be mindful of IRS de minimis fringe benefits rules, among other gift card considerations.

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