J. Calvin Marks
Principal
- CPA, EA
- Professional Designations
- Experienced Advisor to Tax-Exempt Organizations
- What He Does
- Calvin enjoys the great outdoors by cycling, competitive shooting, and woodworking.
- Outside of Work
Professional
Profile
Who He Serves: Nonprofits & Employee Benefit Plans
Industry Involvement
- Member, AICPA
- Member, North Carolina Association of CPAs
Firm Involvement
- NC Community Service Committee (2015 – 2018)
Licenses
- NC CPA #41845
- EA 119905
Education
- Masters of Public Accountancy, Clemson University
- BS Management, Georgia Institute of Technology
Thought
Leadership
On February 23, 2023, the U.S. Department of Labor announced changes to Form 5500, Annual Return/Report of Employee Benefit Plan, and Form 5500-SF, Short Form Annual Return/Report of Employee Benefit Plan. These changes are effective for plan years beginning on […]
August 2022
The Department of Labor (DOL), in conjunction with the IRS, recently updated Form 5500 (Annual Return/Report of Employee Benefit Plan) to reflect changes required by the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act). The SECURE […]
The IRS issued Notice 2021-56 to clarify the criteria used for issuing a determination letter under section 501(c)(3) to a Limited Liability Company (LLC). Previously, the IRS approached granting tax exemption to LLCs in a less formal manner. The new […]