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What's New in State Sales and Use Taxes - Monthly Update

TaxConnex

defying predictions of the pandemic’s effect on government coffers – and delighting officials. Many other states are finding more late-2021 sales tax revenue to funnel toward local governments. more than in December 2020; and West Virginia saw consumer sales tax receipts $20.1 to Colorado Springs, Colo.,

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Senate Confirms Daniel Werfel as Next IRS Chief

CPA Practice

However, Werfel did not receive the backing of Democratic Senator Joe Manchin of West Virginia who called him “supremely qualified” for the job but added he has “zero faith” Werfel would have any autonomy in the post. Earlier in his career, Werfel worked for the federal government under both Republican and Democratic administrations.

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Friday Footnotes: KPMG Hires Ex-Prisoners; Notes From PwC’s All-Hands; Why CPAs Are Leaving | 4.26.24

Going Concern

One of the Big Four firms, KPMG, has become the first white-collar British business to employ former prisoners as part of the government’s new pilot programme. Its part of a campaign by the Government urging the UK’s biggest businesses to recruit prison leavers as part of in order to reduce reoffending as well as growing the economy.

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Schneider Downs Announces Seven Additions to Ownership Group

CPA Practice

The new promotions touch the firm’s offices in both Pittsburgh and Columbus, and they reach across several areas of the firm’s service offerings, including the firm’s Tax, Audit and Consulting practices, as well as the Merger and Acquisitions/Transaction Advisory practice. Deatrick joined the firm in 2009.

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5 States with the Lowest Combined Business Taxes

CPA Practice

The eight states with the lowest property tax rates, on average, are Alabama, Colorado, Delaware, Nevada, New Mexico, North Carolina, Texas, and West Virginia. The lowest taxes are based on averages because property tax is determined by local government, not by state government.

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Maryland Digital Ad Tax Case Leaves States in Limbo, But Digital Taxes Aren’t Going Away

CPA Practice

The digital economy has caused an incredible shift in how jurisdictions create, administer, remit and audit indirect taxes. Over the last decade, businesses, governments, regulators and policy makers have all been trying to make sense of this new retail landscape. By Michael Bernard and George Salis.

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Regulatory Compliance Digest – Winter Edition

Cherry Bekaert

In addition, it provides information to government officials who use that data to make policy decisions and allocate resources and funding. If applications are being taken in person, by telephone or through web applications, how is government monitoring information and HMDA information being collected.