The General Assembly recessed its 2022 short session on July 1. Although the short session featured no major tax legislation, there were several bills that made modest changes to the tax code. Linked below is a summary of these changes. NCACPA extends its gratitude to William W. Nelson, Esq., co-leader of the tax group at Smith Anderson LLP, for preparing the summary.
If you have questions about these issues or other policy matters, please contact NCACPA Director of Advocacy Robert Broome, CAE.