TaxConnex

JANUARY 11, 2022

It’s one of the most important aspects of an online business – and one of the wackiest when trying to determine whether sales tax applies or not. Many states say that when the contents of a shipment are taxable, so is the shipping cost; similarly, when items in a shipment are exempt from sales tax, so is the cost of shipping.

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Sales Rhode Island Tax South Dakota 180

ThomsonReuters

MAY 3, 2023

A tax services director in Washington D.C. says that the Treasury Department’s proposal to clarify the tax treatment of on-demand pay arrangements makes it “clear” that the IRS is concerned with the constructive receipt issue of this trending employee benefit. ” Daum said.

Construction 59

Construction tax services Tax payroll 59

Withum

JULY 28, 2023

Enacted on July 21, 2023, New Jersey A4694 creates a “Convenience of Employer” rule, affecting both employers and employees for payroll tax reporting purposes. This resulted in New Jersey losing significant tax revenue to New York’s rule.

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New Jersey payroll tax payroll Tax 94

CPA Practice

APRIL 7, 2023

The Department of Justice is warning taxpayers to choose their return preparers wisely as the April 18 federal tax filing deadline approaches. Unscrupulous preparers who include errors or false information on a tax return could leave a taxpayer open to liability for unpaid taxes, penalties and interest. million in restitution.

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tax preparation Tax tax return income tax 132

CPA Practice

OCTOBER 11, 2023

average increase in starting salaries for tax roles in public accounting next year and a 3.8% For this article, we reviewed 2024 starting salary projections for eight public accounting positions in the following eight HCOL cities: New York, San Francisco, Boston, Washington, D.C., by profession.

public accounting 115

public accounting accountant salary Account accountant 115

TaxConnex

SEPTEMBER 1, 2022

Wayfair, Inc et al , but many businesses are still trying to figure out how to manage sales tax obligations brought on by this decision. New York: $500,000 sales AND 100 transactions. All 45 states with state-wide sales tax now have economic thresholds set. State thresholds are not all the same.

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South Dakota Mississippi Iowa Sales 198

Withum

AUGUST 24, 2023

Please join James Bartek , Jason Rosenberg and Bonnie Susmano from Withum’s State and Local Tax services team, as they provide an update on key state and local tax issues affecting the healthcare industry.

Healthcare 52

Healthcare Tax income tax New York 52

CPA Practice

MAY 10, 2024

KSM Announces Appointments for Five New Leadership Roles Katz, Sapper & Miller (KSM) recently announced the appointments of Erin Eberly, Jason Patch, Mike North, Mike Lee, and Jamie Ellis to newly created roles overseeing the firm’s tax, audit, and advisory practices, its industry groups, and its operations. Albany in New York.

Tennessee 64

Tennessee audit New York income tax 64

Withum

SEPTEMBER 16, 2022

It is no surprise that states are seeing significant growth in sales tax revenue, a trend fueled by changes in consumer spending during the pandemic. The third reason for higher sales tax revenue was the Wayfair decision in which the Supreme Court expanded the physical nexus requirement to include economic nexus (e.g.,

Sales 80

Sales Retail Tax South Dakota 80

Withum

MAY 4, 2022

New York’s fiscal year 2023 budget bill that was enacted into law significantly expands the benefits of the state’s pass-through entity tax (“PTET”) for many businesses. Some of the major PTET highlights include amplifying the benefits for resident S corporation shareholders, as well as establishing a New York City PTET.

income tax 112

income tax New York Tax New Jersey 112

Withum

NOVEMBER 17, 2022

2022 Tax Brackets and Rates. 2022 Long-Term Capital Gains Tax Bracket. Year-End Tax Strategies for Individuals. Most of the income tax proposals in the 2021 “Build Back Better” bill did not make it into the IRA. General Income Tax Planning. DEDUCTION AMOUNT: $19,400. Taxable Income Over.

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tax planning Tax Construction income tax 98

Going Concern

OCTOBER 1, 2022

Last year around this time we looked at how public accounting starting salaries in five cities with the highest cost of living —San Francisco, New York City, Washington, DC, Boston, and Seattle—compared to the projected national averages for 2022. New York City. Senior manager/director tax services.

public accounting 89

public accounting Account accountant accounted 89

Going Concern

MARCH 18, 2024

Under the plan, Deloitte’s main business units will be cut to four — audit and assurance; strategy, risk and transactions; technology and transformation; and tax and legal — from the five the firm has had since 2014. GTers old and new are welcome to throw their 2 cents in via email or text me at 202-505-8885 and we’ll chat.

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Account accountant accounted audit 88

Going Concern

OCTOBER 19, 2022

Among the 69 new partners and principals: 22: The number of new partners and principals who are women, or 32% of the class. 19: The number of new partners and principals who work in either assurance or tax, the most of any service line at BDO. Scott Ashworth , Tax, Atlanta. James Backes , Tax, St.

New York 59

New York Washington tax services Tax 59

CPA Practice

FEBRUARY 19, 2024

Professionals on the Move is a round-up of recent promotions and staffing announcements from around the accounting and tax profession. Schneider Downs Boosts Tax Team Schneider Downs & Co., Hailey Adams , Tax Manager, has been in public accounting for over 9 years, primarily focusing on tax-exempt organizations.

New Hampshire 64

New Hampshire audit accounting and finance Non-Profits 64

Withum

NOVEMBER 17, 2022

In recent years there have been significant changes to the State and Local Tax Nexus rules. The Wayfair case validated economic nexus for sales tax purposes and amplified economic nexus for income tax purposes, signaling to all states that economic nexus is sound law. State and Local Tax Workarounds.

tax planning 52

tax planning Tax income tax CPA 52

Withum

JULY 25, 2022

Although most federal funds related to the COVID-19 pandemic have been exhausted, small businesses in New York are still eligible to receive sizeable grants and credits created by Governor Hochul’s Executive Budget. NY COVID-19 Capital Costs Tax Credit Program. Business Tax Services. How Can Withum Help?

New York 78

New York tax services business tax payroll 78

CPA Practice

AUGUST 23, 2023

with offices around the world, has expanded its tax service capabilities serving clients in the private equity, venture capital (VC) and hedge fund space with the recent addition of two new partners to the firm, Gev Khan , CPA, MBA, and Eric Evans , CPA.

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tax consultant Real Estate New York CPA 52

CPA Practice

AUGUST 21, 2023

A majority (174) of the new partners and principals work in the Big Four firm’s consulting practice, while 77 of the promotees work in Trust Solutions, the PwC practice that includes audit and tax services. The other seven new partners and principals work in business services.

New York 92

New York Washington Kansas audit 92

CPA Practice

JANUARY 10, 2024

an accounting, tax, and management advisory firm that specializes in serving private clients through sophisticated tax services. has regularly provided high-net-worth individuals and other private clients with comprehensive, individualized tax offerings. Financial terms of the deal, which became official on Jan.

Rhode Island 52

Rhode Island Connecticut Maryland New Jersey 52

CPA Practice

FEBRUARY 1, 2024

Professionals on the Move is a round-up of recent promotions and staffing announcements from around the accounting and tax profession. Schneider Downs Boosts Tax Team Schneider Downs & Co., Hailey Adams , Tax Manager, has been in public accounting for over 9 years, primarily focusing on tax-exempt organizations.

New Hampshire 52

New Hampshire audit accounting and finance Non-Profits 52

Withum

JANUARY 14, 2022

Withum, a national top 25 accounting and advisory firm, announced today that Pat Walsh , Partner and Market Leader for Withum’s National Tax Services Practice, will succeed CEO and Managing Partner Bill Hagaman , after his term ends in 2023. Pat Walsh, CPA, MBA Partner and Market Leader, Withum’s National Tax Services Practice.

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accounting degree income tax CPA tax services 119

Withum

FEBRUARY 6, 2023

Honorable Counsel General Shri Randhir Jaiswal Ji of the New York Indian Embassy will be providing opening remarks. State and Local Tax Services Rajesh Tripathi – Principal at Withum, Market Leader – U.S. India Corridor The post On-Demand Webinar: The 2023 India Budget appeared first on Withum.

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New York tax services Tax 52

PYMNTS

FEBRUARY 24, 2020

Tax season is upon U.S. In a new report from ProofPoint , researchers warned that any businesses with the word “tax” in its domain is at risk of being spoofed by phishing attackers targeting small to medium-sized businesses (SMBs). Indeed, tax season isn’t the only threat hitting SMBs, either.

Tax 65

Tax North Carolina Construction B2B 65

CPA Practice

JULY 12, 2023

London, Vice President: London is the tax partner emeritus at Wiss & Company, LLP. in accounting and tax from St. in health and human services from SUNY’s University at Buffalo and her M.B.A. Hays: Hays is the founder and CEO of Hays CPA LLC, in New York, N.Y. in New York, N.Y. He earned a B.S.

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Pennsylvania Maryland New York accounting and finance 52

Going Concern

NOVEMBER 10, 2023

See also: Academics Let AI Ruthlessly Slander Big 4 Firms, They’re Very Sorry They Didn’t Think to Fact Check Talent Don’t slack on hiring tax talent, pre-game your busy season and be ready with a fully staffed team when things get crazy. One customer says their business tax documents haven’t been filed since 2019.

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audit accounting and finance auditor Mississippi 107

CPA Practice

JUNE 6, 2023

The BRA team, led by partners Brad Ross and Dean Avedon, joins Armanino’s business management division, which will now include more than 160 professionals located in key entertainment hubs such as New York, Los Angeles, and Nashville. 1 business management and tax service firm in the country.”

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cpa firm CPA Entertainment tax consultant 52

CPA Practice

OCTOBER 4, 2023

Founded in 1973, Howard provides financial consulting, audit, assurance, and tax services to individuals and businesses across multiple industries in Texas and around the world. Bonadio Group, which has more than 800 employees, currently has nine offices: seven in New York, one in Dallas, and one in Rutland, VT.

Texas 52

Texas cpa firm CPA New York 52

CPA Practice

NOVEMBER 3, 2023

New York-based CPA firm Grassi announced on Thursday it has established an employee stock ownership plan (ESOP) for its more than 450 employees. For its new alternative practice structure, the firm announced that Grassi Advisory Group will perform all advisory and tax services, while Grassi CPAs will handle all audit and attest work.

cpas 59

cpas New Jersey cpa firm New York 59

Going Concern

DECEMBER 2, 2022

Florida state tax website bug exposed filers’ data [ TechCrunch ]. Report Suggests Tax Audits of Trump Foes Were Random, but Leaves Questions [ New York Times ]. The Internal Revenue Service’s inspector general said in a report on Thursday that highly invasive audits of two of former President Donald J.

public accounting 96

public accounting audit Account accountant 96

Anders CPA

SEPTEMBER 28, 2022

Even if a state doesn’t require sales tax on SaaS, the company may still need to file if they pass a certain threshold of sales. SaaS really encompasses three types of services: SaaS; Infrastructure as a Service (IAAS) and Platform as a Service (PAAS). And the states may follow suit on the other services.

Rhode Island 52

Rhode Island West Virginia South Dakota South Carolina 52

CPA Practice

MARCH 13, 2023

FORVIS adds Joe Perfetto as assurance partner in New York FORVIS, a professional services firm, recently announced the addition of Joe Perfetto as an assurance partner in its New York office. She and her husband Andrew reside in Sandusky with their newborn triplets. Abbey will begin her role as COO Summer of 2023.

Real Estate 52

Real Estate forensic accounting Connecticut cpas 52

CPA Practice

NOVEMBER 2, 2023

New York-based CPA firm Grassi announced on Thursday it has established an employee stock ownership plan (ESOP) for its more than 450 employees. For its new alternative practice structure, the firm announced that Grassi Advisory Group will perform all advisory and tax services, while Grassi CPAs will handle all audit and attest work.

cpas 52

cpas New Jersey cpa firm New York 52

FraudFiles

JANUARY 27, 2021

It was discovered during that investigation that Cho was being bribed by public officials at South Kora’s National Intelligence Service (NIS) and National Tax Service (NTS). Falsifying documents (including tax returns and bank statements) used to to purchase of a co-op in New York.

tax return 52

tax return accounting and finance New York Tax 52

Going Concern

OCTOBER 1, 2022

Years-long trend of consolidation reaches city’s largest accounting firms [ Crain’s New York Business — subscription ]. Known for their high-end tax services, TPC is especially strong in corporate tax, serving public and private enterprises. This complements Baker Tilly’s strong corporate tax talent.

Non-Profits 96

Non-Profits audit auditor public accounting 96

CPA Practice

FEBRUARY 8, 2023

Following another strong year of aggressive growth, Andersen , a global provider of tax, valuation, financial advisory and related consulting services, has expanded its presence in Orange County, Calif. and established new offices in Des Moines, Iowa, and Pittsburgh, Pa. Vertical Advisors in Newport Beach, Calif.;

Real Estate 52

Real Estate Agriculture Iowa income tax 52

Going Concern

OCTOBER 21, 2022

When she’s not leading those 16,000 members of her Deloitte team, Abrash is wearing a different hat – literally a different hat – as the manager and first baseman of the Cougars, a competitive women’s softball team in New York City. PwC Adds More Minorities to Ranks While Partner Promotions Lag [ Bloomberg Tax ].

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audit CPA accounting firms accounting and finance 77