Remove industries state-and-local-government
article thumbnail

OMB Guidance for Federal Assistance: A Sneak Peek into the Latest Uniform Guidance Revisions Affecting State & Local Governments and Not-for-Profits

Cherry Bekaert

As part of the process, OMB welcomed more than 829 public comments from a various stakeholders, including States, local governments, Indian Tribes, labor organizations, industry associations, nonprofit organizations, for-profit organizations, colleges, universities and individuals.

article thumbnail

LEAP into Compliance in 2024

TaxConnex

As soon as you collect sales tax from a client or customer you have a liability to the state or local jurisdiction to remit it back to where it is owed. As soon as you collect sales tax from a client or customer you have a liability to the state or local jurisdiction to remit it back to where it is owed. L: Liability.

Tax 198
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 10 States for Credits and Incentives Opportunities

Cherry Bekaert

Contributors: Nick Cousino , Senior Manager | State Credits & Incentives Advisory What Are State Credits and Incentives? individual states offer unique tax credits and negotiated incentives to attract or retain business operations. Currently, there are more than 2,400 state and local incentive programs available.

article thumbnail

Are travel services taxable?

TaxConnex

The taxing of certain travel related services, such as lodging, can be taxable in some states. The likes of Expedia and Orbitz have a long history battling various states in the courts even as localities start making deals with new players in hospitality. Here’s a brief overview. The debate goes way back.

Louisiana 206
article thumbnail

Navigating the Complexities of Sales Tax in the Ever-Changing Landscape of Online Selling (part 2)

TaxConnex

Since, every state with a statewide sales tax (and countless localities, especially in places like California and Alaska ) has enacted economic nexus laws, meaning e-commerce vendors of products and, increasingly, services must collect and remit sales tax and file sales tax returns with individual states.

Sales 229
article thumbnail

Important Factors for Industrial Manufacturers to Consider When Applying for Infrastructure Bill Funding

Cherry Bekaert

There are still funds available for industries that want to invest in IIJA programs. The funds have started to flow to the various states, so now is the time to take advantage of this once-in-a-generation investment that provides America’s infrastructure with the continuity and stability that are crucial to meeting our future needs.

article thumbnail

Stambaugh Ness Adds Left Brain Professionals

CPA Practice

Top 200 accounting firm Stambaugh Ness has acquired Left Brain Professionals, a Westerville, OH-based accounting and advisory firm serving government contractors, effective April 1. In conjunction with the acquisition, Stambaugh Ness has launched an Outsourced Accounting Services (OAS) for Government Contractors practice area.