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DMJPS Joins Forces With Potter & Co. in North Carolina

CPA Practice

As of July 1, when the deal goes into effect, top 200 accounting firm DMJPS will have more than 200 employees, 25 partners, and 10 North Carolina office locations.

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Sorren Adds Williams Overman Pierce in North Carolina

CPA Practice

Sorren, which formed last spring and is comprised of 13 accounting firms across the U.S., has added a 14th firm to its roster—Raleigh, NC-based Williams Overman Pierce.

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Accounting Firm Abruptly Nopes Out of Tax Season Early, the Local Sheriff Is Investigating

Going Concern

Some potentially juicy news coming out of North Carolina today : The Alexander County Sheriffs Office has received numerous calls related to the accounting firm of Price, Breazeale & Chastang, PA. The Sheriffs Office has been in contact with the North Carolina Board of CPA Examiners pertaining to the business.

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North Carolina bill aims to fix CPA shortage

Accounting Today

North Carolina is the latest state making legislative moves in hopes of expanding the pipeline of licensed accountants with an alternative path.

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North Carolina Extends PTET Election Due Date and Clarifies Franchise Tax Base Cap Computation

Cherry Bekaert

Contributors: Tony Konkol, Manager, State & Local Tax North Carolina Senate Bill No. 259 (Session Law 2023-134) was enacted on October 3, 2023, expanding eligibility for North Carolina’s PTET election. House Bill No. However, the maximum for the first $1,000,000 of a corporation’s tax base is $500.

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Ascend Adds Accounting Firms in New York, North Carolina

CPA Practice

Ascend has expanded its presence on the East Coast by adding two more accounting firms to its platform—Tronconi Segarra & Associates in Williamsville, NY, and BGW in Charlotte, NC—effective July 1.

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Wayfair’s 7th birthday: Sales tax changes continue

TaxConnex

Some states are trying to make post-Wayfair life easier by eliminating transaction thresholds to create economic nexus, including Alaska, North Carolina, South Dakota, California, Colorado, Iowa, Maine, North Dakota, Washington and Wisconsin. Tax breaks.

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