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Changes to ERC Deductions for North Carolina Employers and Expansion of NC Business Recovery Grant Program for Phase Two Applications

North Carolina’s legislature recently changed state tax laws governing employers’ ability to deduct the employee retention credit from state taxable wages and significantly expanded eligibility for a business grant program with an application deadline of June 1, 2022.

2022-05-04T16:25:15-04:00May 3, 2022|Categories: Tax: Business, Tax: State & Local|Tags: , , |

The Build Back Better Act’s Dozen Tax Changes (UPDATED)

There are many tax changes proposed in the Build Back Better Act. PBMares has detailed a dozen tax changes (including an update October 28th) that would change the tax landscape and would require many taxpayers to re-evaluate their tax positions.

2025-03-18T09:49:04-04:00October 29, 2021|Categories: Tax: Individual, Tax: International, Tax: State & Local|Tags: , , |
PBMares is a Mid-Atlantic top 100 Certified Public Accounting and consulting firm focused on serving the audit, tax, accounting and consulting needs of companies and individuals across Virginia, North Carolina, Maryland and Washington DC including Hampton Roads, Shenandoah Valley, Virginia Peninsula, Tidewater, DC Beltway, Metro DC and Central Virginia. We focus on serving clients in construction/real estate, financial institutions, government contracting, hospitality, private clubs, healthcare organizations, not-for-profit organizations and state and local governments. Beyond this, we have specialties in cybersecurity, cloud accounting, forensic accounting, and wealth management.
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