North Carolina Economic Report – 2024 First Quarter

Highlights: DMJPS is pleased to provide a statewide quarterly economic report with highlights of North Carolina’s fifteen metros for the first quarter of 2024. The state’s indicators point to overall steady but moderate growth, with churn among industry employment...

QuickBooks Desktop Transition

We want to inform you of an important update about QuickBooks Desktop software. Intuit, the parent company, has announced a stop sell on all QuickBooks Desktop products, including Pro, Premier, Mac, and Enhanced Payroll. This notice does not affect QuickBooks...

Repeal of NC Privilege License Requirement for Many Occupations

Important Information for Professionals and Businesses: Effective July 1, 2024 the North Carolina Department of Revenue (NCDOR) has repealed the requirement for certain professions and businesses to obtain a yearly privilege license. N.C. Gen. Stat. § 105-41 is...

5 Items to Consider Before Making Your Next State and Local Tax Payment

In many cases, businesses simply pay state and local income taxes without giving them much thought. These taxes are often far less than federal tax obligations, so they are not as intimidating. However, state and local taxes actually make up a significant portion of a...