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North Carolina Opts-Out of Many of the Taxpayer Favorable Provisions of the CARES Act

In an effort to prevent further drain and strain on North Carolina’s revenues Governor Roy Cooper signed H.B. 1080 (Sess. Law 2020-58) into law on June 30, 2020. The widely-supported bill allows North Carolina to opt-out or...more

The Agility Continues – Another Batch of COVID-19 Inspired IRS Guidance

Less than 48 hours after we gave a hat-tip to the agility displayed by the IRS since the onset of the COVID-19 pandemic and its ability to create new procedures and policies in real time, the IRS had already released at least...more

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