CPA Practice

DECEMBER 7, 2023

In August, CBS News reported that some residents in Idaho, Illinois, Massachusetts, Montana and New Mexico may receive a check from their state by the end of the year, but that is due to state budget factors rather than any federal program. It’s unclear what prompted the rumors.

Montana 118

Montana Idaho New Mexico Illinois 118

TaxConnex

DECEMBER 28, 2023

States expected to be hit hardest by falling sales tax revenue are Idaho, South Dakota, Louisiana, South Carolina and Florida. Only seven states are forecasting growth exceeding 5%, while eight forecast declines in sales tax revenues in fiscal 2024. Delivery fees “Sales taxes” are starting to take different forms.

South Dakota 222

South Dakota Sales Tax Louisiana 222

CPA Practice

APRIL 5, 2024

Idaho $1,254,081 $420,886 33.6% The table below shows a state-by-state breakdown of the average lifetime earnings compared to estimated lifetime taxes, and the percentage of earnings that will go toward tax payments, according to Self Financial: State Lifetime earnings Lifetime taxes % of earnings New Jersey $1,818,191 $987,117 54.3%

West Virginia 126

West Virginia Rhode Island South Dakota North Dakota 126

CPA Practice

APRIL 5, 2024

Both senators were once considered possible supporters of the bill, a GOP aide said, but are now bending to strong opposition to the child tax credits from Mike Crapo of Idaho, the top Republican on the Senate Finance Committee. But Senate Republican leader Mitch McConnell supports efforts to block the package, as does his No. 2, John Thune.

Tax 105

Tax Idaho Kentucky Gambling 105

CPA Practice

NOVEMBER 6, 2023

Idaho Society of CPAs hosts 2023 tax updates for CPAs The Idaho Society of Certified Public Accountants (ISCPA ) is offering tax updates to CPAs for both personal and business clients. This career awareness event is an important step toward achieving that goal. Both classes take place at the ISCPA Enrichment Center in Boise.

CPA 113

CPA cpas Idaho Michigan 113

Insightful Accountant

MAY 4, 2023

On a sad note, Matt Rissell, the founder of TSheets has reportedly died from a self-inflicted gunshot wound at his home in Eagle, Idaho.

Idaho 59

Idaho 59

CPA Practice

FEBRUARY 11, 2023

This means that people in the following states do not need to report these state payments on their 2022 tax return: California, Colorado, Connecticut, Delaware, Florida, Hawaii, Idaho, Illinois, Indiana, Maine, New Jersey, New Mexico, New York, Oregon, Pennsylvania and Rhode Island.

Rhode Island 131

Rhode Island South Carolina income tax Idaho 131

CPA Practice

JULY 24, 2023

Idaho, Utah, Texas and Florida were among the states with the biggest gains in employment since February 2020. For instance, Minnesota’s unemployment rate is up 0.5 percentage point from last year to a still-low 2.9%. In a dozen states and DC, the number of people on payrolls remains below pre-pandemic levels. ©2023 Bloomberg L.P.

South Dakota 98

South Dakota New Hampshire Mississippi Idaho 98

ThomsonReuters

APRIL 25, 2024

These states include Alabama, Arizona, Arkansas, California, Delaware, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Wisconsin.

South Dakota 52

South Dakota Rhode Island New Hampshire Wyoming 52

Withum

MARCH 29, 2021

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Idaho 40

Idaho Tax 40

CPA Practice

MARCH 21, 2024

Idaho, New Mexico, Maine , and Rhode Island are just a few states where counties don’t use state-created, standardized return and depreciation forms. Instead, you must file returns in each county where you have property like computers, equipment, or furniture. And in some cases, like Virginia, counties will not accept the state form.

Rhode Island 119

Rhode Island Tax Arizona South Carolina 119

CPA Practice

FEBRUARY 9, 2024

Sports betting is illegal in Alabama, Alaska, California, Georgia, Hawaii, Idaho, Minnesota, Missouri, Oklahoma, South Carolina, Texas, and Utah. Now, the District of Columbia and most states allow some form of online sports betting, while another nine states only allow retail sports betting.

Gambling 122

Gambling Tax Sports South Carolina 122

CPA Practice

DECEMBER 13, 2023

States with the highest level of interest in side hustle jobs in 2023 are Washington, Oregon, Idaho, and Utah – which could mean that the western U.S. is feeling the economic impact the most. States with the least interest in finding a side hustle are Florida, Vermont, and Maine – all of which are on the East Coast.

Rhode Island 105

Rhode Island Oregon New Hampshire Vermont 105

TaxConnex

OCTOBER 18, 2022

California, Idaho and Tennessee exempt only clothing sales for some nonprofits, for example. Our Halloween-month look at tricky items for sales tax continues here with a few items it’s hard to live without…. Clothing is taxable in most states and the District of Columbia. Some states (of course) have special sales tax rules for clothing.

Rhode Island 130

Rhode Island Sales Tax South Carolina 130

CPA Practice

JANUARY 23, 2023

“It just goes to show you it’s not being discussed,” said Ambrose, an elementary education teacher-turned-dean of students at Forge International School, a public charter school in Middleton, Idaho. I did not know about the [original] teacher deduction until a peer mentioned it,” he said.

Education 115

Education Tax Idaho 115

Going Concern

SEPTEMBER 27, 2023

Candidates who want to sit for a retake of BEC before it disappears forever have until November 12 to apply except for those candidates sitting in Idaho (November 15), Kentucky (November 8), North Carolina (October 15 for both first-time and retake BEC sections), Virginia (November 14), and West Virginia (November 8).

CPA 100

CPA Rhode Island West Virginia South Dakota 100

TaxConnex

JANUARY 11, 2022

When shipping to a retailer, sales tax is incurred in Idaho no matter where “shipping” appears on an invoice. In Florida, the purchaser must also have the option of picking the item up or arranging for third-party transportation services on its own. And in Massachusetts, delivery must occur after the purchase to be exempt from sales tax.

Rhode Island 181

Rhode Island Sales Tax South Dakota 181

CPA Practice

APRIL 18, 2024

Senate Foreign Relations ranking member Jim Risch, R-Idaho, sponsored a Senate version that received panel approval in January. __ ©2024 CQ-Roll Call, Inc., The provisions reflect a bill by House Foreign Affairs Chairman Michael McCaul, R-Texas, that his panel approved in November. That measure hasn’t seen floor action. All Rights Reserved.

Idaho 52

Idaho E-commerce Texas Legal 52

TaxConnex

OCTOBER 5, 2021

The lowest per-capita excise tax states have included South Carolina, Nebraska, Idaho, and Arizona. Excise taxes vary widely from state to state, but in recent years states collecting the highest per-capita excise taxes include Vermont, Nevada, Hawaii, Minnesota, and Maryland.

Sales 178

Sales Tax South Carolina Hawaii 178

PYMNTS

JULY 17, 2020

The new stores will be in Cherry Hill, New Jersey; Bismarck, North Dakota; Saratoga Springs, Utah; Surprise, Arizona and Idaho Falls, Idaho, Acorns reported. Even with a rise in COVID-19 cases in a number of states, Costco intends to open five new stores prior to September’s close, in addition to two delivery facilities.

North Dakota 69

North Dakota Idaho Arizona Utah 69

CPA Practice

APRIL 9, 2024

The following is how the states rank by overall tax burden, with No. 1 being the highest and No.

Rhode Island 105

Rhode Island Alaska Tax New Hampshire 105

CPA Practice

APRIL 3, 2024

The following is how the states rank by overall tax burden, with No. 1 being the highest and No.

Rhode Island 111

Rhode Island Alaska Tax New Hampshire 111

CPA Practice

FEBRUARY 6, 2024

The Idaho Society of Certified Public Accountants (IDCPA) is offering What Tax Practitioners Need to Know About Medicare. They are seeking proposals focused on accounting and auditing, emerging issues, firm optimization and transformation, personal development, and more. Those interested can complete this form.

CPA 64

CPA Illinois Arkansas Idaho 64

TaxConnex

AUGUST 9, 2022

Among them, alphabetically: Idaho will exempt qualified?semiconductor 95 , beginning July 1, 2023, local tax collectors have to provide notice of their intent to audit that also “advise[s] the taxpayer that the taxpayer may request a multi-parish audit.”. Free for all. Several states tinkered with their sales tax exemptions this summer.

Sales 130

Sales Louisiana Tax Iowa 130

PYMNTS

JANUARY 8, 2021

Kount’s staff members will become a part of Equifax’s United States Information Solutions (USIS) business unit and will still be based in Boise, Idaho, according to a Friday (Jan. Equifax has inked a deal to purchase artificial intelligence (AI)-powered fraud prevention and digital identity technology provider Kount for $640 million.

Idaho 118

Idaho Technology 118

PYMNTS

DECEMBER 16, 2020

In addition to Texas, states involved in the suit include Arkansas, Idaho, Indiana, Kentucky, Mississippi, Missouri, North Dakota, South Dakota and Utah, WSJ reported. “This internet Goliath used its power to manipulate the market, destroy competition, and harm YOU, the consumer,” Paxton's office said in a tweet Wednesday (Dec.

South Dakota 118

South Dakota North Dakota Mississippi Idaho 118

TaxConnex

MAY 27, 2021

Idaho and Pennsylvania, for instance, usually require one form. Where it gets (even more) complicated. A glance at the number and variety of tax exemption forms for resale shows that some states might be simpler to deal with than others. Texas offers nine different forms.

Sales 165

Sales Tax Connecticut Idaho 165

TaxConnex

APRIL 18, 2023

But in Louisiana, voters in Livingston Parish have reportedly said no to a new one-cent sales tax that would have funded pay increases for local public school teachers and other school employees. Kristi Noem has also signed a bill that would lower the overall state sales tax rate for four years, from 4.5% Heaviest and lightest.

Sales 130

Sales Tax North Carolina Alaska 130

Going Concern

AUGUST 12, 2022

9 at his Bethel home on an arrest warrant and indictment issued by federal court in Boise, Idaho, where the bank that processed the loan is based. A man in Connecticut is accused of taking $373,201 in PPP loans to fund a phony accounting firm : Eric James O’Neil, 57, was arrested Aug. O’Neil formed Accountant “R” Us Inc.

Idaho 56

Idaho Connecticut Tax income tax 56

CPA Practice

DECEMBER 19, 2023

Some states don’t allow forward dating incorporation dates, including: Alaska Arkansas Connecticut Hawaii Idaho Louisiana Maryland Minnesota Nevada Delayed filings also help businesses overcome end-of-year backlogs in Secretary of State offices that often lead to standard filings not being cleared by the end of the year.

Rhode Island 116

Rhode Island West Virginia South Dakota North Dakota 116

PYMNTS

SEPTEMBER 15, 2020

If a customer sees a transaction labeled as going to ‘RBX Idaho,’ it leaves them wondering if they have ever been to Idaho, and [they] have no idea what ‘RBX’ means,” he said. That confusion will often make them call a call center to find out what's going on.

Idaho 89

Idaho Technology Gaming financial accounting 89

CPA Practice

JANUARY 17, 2024

Lawyers Artists Accountant Doctors Data Analysts Alabama Lawyers Accountant Artists Doctors Data Scientists Alaska Artists Lawyers Accountant Radiologists Data Scientists Arizona Lawyers Artists Doctors Accountant Data Analysts Arkansas Artists Accountant Lawyers Software Developers Data Analysts California Lawyers (..)

North Dakota 58

North Dakota Rhode Island West Virginia South Dakota 58

PYMNTS

NOVEMBER 3, 2020

With the approval in Alabama, CORO is now available in the Apple App Store and Google Play store to residents in 13 states: Florida, Alabama, Arizona, Arkansas, Alaska, Delaware, Idaho, Montana, Massachusetts, Oregon, South Carolina, Washington State and Wisconsin.

Alabama 93

Alabama South Carolina Montana Idaho 93

PYMNTS

AUGUST 11, 2020

Idaho-based Kount has released a new product aimed at preventing insurance fraud as the industry increasingly turns to digital, and even mobile, setups. In a Tuesday (Aug.

Idaho 93

Idaho Sales 93

CPA Practice

JULY 18, 2023

Idaho : Shipping and handling charges are supposed to be separately stated in Idaho, and separately stated charges for delivery to the buyer are exempt in Idaho. Fees charged for shipping goods to the retailer are subject to Idaho sales tax even if separately stated.

Sales 98

Sales Retail Tax West Virginia 98

PYMNTS

JANUARY 21, 2021

The news comes as the long-anticipated IPO of Albertsons , the Idaho-based supermarket company, proceeded in June following often-fraught years of planning. Southeastern Grocers is the parent company and home of Winn-Dixie , Harveys Supermarket, Fresco y Más and BI-LO. billion fundraise once expected.

Idaho 66

Idaho New York Sales Retail 66

PYMNTS

JUNE 18, 2020

Founded 80 years ago, the Boise, Idaho, chain has been owned for the past 14 years by private equity firm Cerberus Capital Management, according to Supermarket News , which first reported the IPO in March. Albertsons Cos., the nation’s second-largest supermarket chain, is preparing for an initial public offering (IPO), according to a U.S.

Idaho 79

Idaho New York Retail Technology 79