North Carolina Nonprofits Gain Extra Time After Hurricane Helene
April 24, 2025 IRS Extends Nonprofit Deadlines in North Carolina for Hurricane Helene Recovery Due to Hurricane Helene’s lingering effects starting September 25, 2024, the IRS extended tax deadlines for nonprofits across all of North Carolina (IRS notice NC-2025-01, April 17, 2025). Nonprofits with filing or payment deadlines from September 25, 2024, to September 25, […]
Important Update – Beneficial Ownership Information (BOI)
If you have any questions regarding BOI and how this may affect your nonprofit, please don’t hesitate to contact us. March 21, 2025 FinCEN waives beneficial ownership reporting for U.S. companies and individuals, setting new filing deadlines for foreign entities Following the U.S. Department of the Treasury’s March 2, 2025 announcement, FinCEN’s interim final rule […]
IRS 2023 Tax Year Filing Update
October 11, 2024 IRS Assistance Offered to Victims of Hurricanes Helene and Milton The IRS has issued a 2023 tax year filing update wherein taxpayers in Alabama, Florida, Georgia, North Carolina, South Carolina, and parts of Tennessee and Virginia who were granted extensions to file their 2023 returns now have until May 1, 2025, to […]