North Carolina Revisited
We aren’t sure what the legislators are waiting for (maybe for Congress to get all the changes out of their system?) but so far, there has been NO new guidance on the PPP expense addback. So, North Carolina is still not our favorite state. Just saying.
Healthy Workplaces Tax Credit
Yet another tax credit is being introduced into the House. This is a reintroduction of legislation that would give a tax credit to those businesses that reopened safely and responsibly. We will report more on this once it gets further along.
We are relabeling this legislation the “Keep CPAs Crazy” bill H.R. 1944. Shout out to Dr. C. in SC for letting us know.
And that's a wrap for today!
COLEMAN, UREDA, ALFORD & KAUCHER, PA