CPA Practice

MARCH 8, 2024

There are currently two annual sales tax holidays in Alabama: A severe weather preparedness tax-free weekend in February and a back-to-school tax-free weekend in July. A new tax holiday will join them starting in 2025 should House Bill 257 become law: The twice-yearly Alabama Adventure Awaits sales tax holiday.

Alabama 52

Alabama Sales Tax Florida 52

CPA Practice

FEBRUARY 3, 2023

Treasury is changing how it defines a sport utility vehicle Friday after car companies lodged complaints that some vehicles were wrongfully being boxed out of new electric vehicle tax credits. Under new federal tax credits, SUVs, trucks and vans can cost up to $80,000 and still qualify for a $7,500 credit.

Tax 95

Tax Washington Sports Transportation 95

CPA Practice

MAY 3, 2023

Treasury Department would interpret new battery-sourcing rules for electric vehicle tax credits, the list of EVs that qualify for the full $7,500 incentive is down to 10. We wanted to drive electric (at least most of the time); get the full $7,500 tax credit; carry more than five people comfortably; and be able to go on long road trips.

Tax 78

Tax Sports Michigan Sales 78

CPA Practice

APRIL 7, 2023

taxpayers who have waited months or years to speak with an IRS agent, get an update on your filing status, or receive a refund, the tax man has some good news for you. They are: Simplify and streamline : “Dramatically improve services to help taxpayers meet their obligations and receive the tax incentives for which they are eligible.”

Technology 126

Technology Tax Government income tax 126

CPA Practice

MAY 17, 2024

As of this writing, I’m particularly anticipating the CPA Practice Advisor Mashup event at AICPA Engage, where I’ll present a version of Tech Update, which is the motivation for this column. We’ll see applicable AI in Tax, Audit, and Client Accounting Services this year and next.

Technology 52

Technology accounting firms Account accountant 52

CPA Practice

MAY 1, 2023

Treasury Department would interpret new battery-sourcing rules for electric vehicle tax credits, the list of EVs that qualify for the full $7,500 incentive is down to 10. We wanted to drive electric (at least most of the time); get the full $7,500 tax credit; carry more than five people comfortably; and be able to go on long road trips.

Tax 64

Tax Sports Michigan Sales 64

Going Concern

OCTOBER 17, 2022

32 leading industry commentators, CEOs, CFOs and board members from across the world have contributed their views on the future of financial services for KPMG’s Voices on 2030: Financial Services reinvented report. Bothering tax professionals on or near October 15 is always a bad idea. Campo, CPA, MBA (@ajthecpa1226) October 14, 2022.

Iowa 97

Iowa Account accountant accounted 97

Going Concern

MAY 6, 2024

Bloomberg Tax drops a scary headline : End of Trump Media’s Auditor Jolts Hundreds of Other Companies The sudden shutdown of what the SEC dubbed a “sham audit mill” will force hundreds of companies, including Trump Media & Technology Group Corp., Last weekend’s weekend discussion: It’s Mental Health Awareness Month.

auditor 91

auditor audit Account accountant 91

CPA Practice

OCTOBER 17, 2023

a provider of cloud-based tax compliance automation for organizations of all sizes, is partnering with Oracle NetSuite to help customers to streamline invoicing even more within NetSuite. More than 60 countries worldwide have announced or already have mandates for e-invoicing, a number that could more than double by 2030.

NetSuite 59

NetSuite Technology Government Tax 59

CPA Practice

DECEMBER 27, 2023

The Inflation Reduction Act, passed last year, extends two key renewable energy tax credits through 2024, then replaces them with a slew of others, including the Advanced Manufacturing Production Credit. GW) was hit hard by the pandemic, as well as the expiration of key federal tax credits.

Manufacturing 52

Manufacturing Washington Texas Tax 52

CPA Practice

JANUARY 23, 2024

Powered by our 2030 Global Strategy—Taking Charge of Change—RSM has worked collaboratively as a global organization more than ever before to innovate and better serve clients across borders,” RSM International CEO Jean Stephens said in a statement. bilion, while RSM’s tax revenue jumped by 17% to $2.6 Consulting revenue totaled $3.1

audit 52

audit Tax Technology Account 52

CPA Practice

MAY 29, 2023

Cuts to IRS funding Democrats last year infused $80 billion in the Internal Revenue Service through the Inflation Reduction Act, enabling the service to substantially modernize its operations and become more aggressive in its tax collection on large corporations and wealthy Americans. Visit latimes.com.

Legal 126

Legal audit Tax Government 126

CPA Practice

JANUARY 11, 2024

Firefighters Face Unique Challenges with Deferred Comp Benefits of a 457 Retirement Plan As with contributions to a traditional 401(k) or contributions to a 403(b), money goes into a 457 before you pay income taxes on it. Meanwhile, your contributions and earnings grow tax-sheltered until you withdraw them.

income tax 52

income tax Washington Tax management accounting 52

KROST

MAY 19, 2022

Tax Long-Term Capital Gains at the Ordinary Income Rate. Under current tax law, long-term capital gains and qualified dividends are taxed at a maximum income tax rate of 20%. This means that the tax rate for such gain can go up to 37% or potentially to 39.6% Tax Depreciation Recapture At Ordinary Income Rate.

Real Estate 52

Real Estate Non-Profits Tax CPA 52

CPA Practice

AUGUST 9, 2023

In January 2023, we launched a new global strategy for 2030, uniting all 57,000 people at RSM around the world. Among RSM’s core service lines, consulting comprised 38% of the firm’s revenue, followed by tax at 33%, assurance 28%, and other 1%. Simultaneously, we have been positioning our firm to meet the future,” he continued. “In

accounting firms 52

accounting firms public accounting Government Tax 52

Cherry Bekaert

APRIL 9, 2024

Globally, the near-term goal is to cut carbon emissions by 50% by 2030 to limit global warming to 1.5 In fact, most nations in the developed world, including the U.S. and China, have announced a goal of getting to net zero carbon equivalent emissions by 2050. degrees Celsius, or 2.7 degrees Fahrenheit.

California 52

California Technology Manufacturing Transportation 52

CPA Practice

JANUARY 12, 2024

Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has released its fifth annual Environmental, Social and Governance (ESG) Report , which highlights the firm’s progress toward achieving key milestones in its sustainability goals and diversity, equity and inclusion (DE&I) aspirations.

accounting standards 52

accounting standards audit Government Tax 52

Going Concern

NOVEMBER 6, 2023

The tax and audit practice, through affiliate BSR & Co, will be excluded from the merged entity and could be made into a separate entity, though that is still under discussion, the people said requesting anonymity. We might dig deeper into that survey, we’ll see. will fall into the sea.

audit 107

audit Account accountant accounted 107

Going Concern

APRIL 1, 2024

Tax Analyst in Orlando and “Manager, Corporate and Intercompany Accounting” in Mexico. While other companies pledged to reduce their carbon emissions to net zero by 2030 or 2050, EY grabbed headlines in 2021 by saying it would achieve this milestone within just four years.

Account 105

Account accountant accounted audit 105

CPA Practice

OCTOBER 6, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, discuss the latest trends in practice management for accounting firms. Because it breaks down and looks at some of the key things in audit but I Think there’s a need to do the same thing with practice management, document management tax and other things.

Technology 52

Technology Account accountant accounted 52

CPA Practice

SEPTEMBER 28, 2023

Technologists Randy Johnston and Brian Tankersley, CPA, talk about the latest advances in rapid close / financial close software. Tankersley, CPA.CITP, CGMA 02:11 You know, I think that just like we’ve seen a lot of technology automation that’s come out for tax people. Use the podcast player below to listen.

Technology 52

Technology accounting software general ledger Account 52

CPA Practice

SEPTEMBER 8, 2023

trillion of real estate value in big cities around the world by 2030. and elsewhere, who took advantage of favorable tax rates, cheap real estate and a generous visa, introduced in October, that allowed remote workers to live in the sun-speckled country for up to five years. Everyone is asking, ‘Is this going to come back?’”

Real Estate 110

Real Estate New York Government Transportation 110

Snyder

MARCH 17, 2023

billion by 2030 from $5.87 Tax report A good online invoicing software should eliminate the need to use external systems for tax reporting and allow you to perform it within the same system without losing hours to summarize information. billion in 2020.

quickbooks 52

quickbooks E-commerce accounting software accounting and finance 52