Insights

Learn how Cherry Bekaert can help you guide your business to be prepared if and when there are major changes to the tax code.

Listen as our professionals discuss the potential opportunity and uncertainty of business tax losses realized during the coronavirus disaster emergency.

The IRS released revenue procedures providing relief for nonresidents that remain in the U.S. due to COVID-19 and U.S. citizens and residents working abroad.

Guidance on how to calculate unrelated business income tax for nonprofits that have more than one unrelated trade or business.

Watch Now: Strategies to transfer wealth, while still retaining income streams and some measures of control to the donor amid COVID-19.

North Carolina waives interest on income tax payments made by the extended due date of July 15, 2020, and extends the due date for additional items.

The IRS released Rev. Proc. 2020-29, temporarily allowing the electronic submission of requests for letter rulings, closing agreements, and other advice.

On Monday, North Carolina enacted new legislation providing a tax credit for Unemployment Insurance Fund contributions made on or before April 30, 2020.

If you have received or may receive a PPP loan, you should consider how the use of the loan proceeds may impact your ability to take a deduction for certain expenses on your 2020 tax return.

Learn more on the NIH updated Grants Policy Statement, which provides details about participation in the SBIR for research and research & development.