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In ongoing accounting crunch, where to go for sales tax help?

TaxConnex

million accountants and auditors in the U.S. from 2019,” reads a recent Wall Street Journal article on accounting’s latest great resignation. More than 300,000 accountants quit their jobs between 2019 and 2021, data show.” With the former, you risk that a professional versed in the tax code of the U.S.

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Sales and Use Tax Updates from February

TaxConnex

Estimates reportedly said the tax will generate up to $250 million but opponents promise legal challenges. Maryland has also extended time free of interest and penalties to file sales and use tax returns due between Jan. This affects returns for sales taking place from December through this month.

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High-Income Taxpayers Who Owe Delinquent Back Taxes Could Be More Effectively Prioritized

MyIRSRelief

TIGTA identified 685,555 taxpayers who had a balance due as of May 14, 2019. TIGTA identified 3,185 high-income taxpayers whose accounts were not sent to a private collection agency at any point since the program started in Fiscal Year 2017 and who owed $110 million on modules that were shelved in an inactive inventory as of May 14, 2019.

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Will the IRS Deny Your Claim for the Employee Retention Tax Credit?

Withum

The IRS is expected to begin auditing ERC claims in the coming months and it has 3 years from the filing date of the relevant Form 941 tax return to assert deficiencies, and 5 years in the case of ERC claims for the third and fourth calendar quarters of 2021 ( see §3134(l) ). See, e.g., Notice 2021-20, Q&A #28.

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Representing High-Income Taxpayers Who Owe Delinquent Back Taxes

MyIRSRelief

TIGTA identified 685,555 taxpayers who had a balance due as of May 14, 2019. TIGTA identified 3,185 high-income taxpayers whose accounts were not sent to a private collection agency at any point since the program started in Fiscal Year 2017 and who owed $110 million on modules that were shelved in an inactive inventory as of May 14, 2019.

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Accounting Jokes, Videos, Puns and Humor

AdviceForTaxpreparers

A tax partner once told me about a client who complained that every number on his tax return prepared by the CPA firm was wrong because the amounts had been rounded. Famous (and sometimes funny) Public Accounting Quotes. Baskin Robbins Ice Cream The Wrongulator Welcome to the NBA Finals Becker CPA Cake Accounting Mindset?

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CPE Webinar September 12, 2023: Cybersecurity for the Tax Practitioner

CPA Practice

She is a Certified Public Accountant licensed to practice in California and North Carolina with many years of experience as a tax preparer using Drake Tax®. Ann has previously worked as a CFO and Controller in various industries, and she was one of four finalists for the Plastics News CFO of the Year 2019 award.

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