CTP

MAY 8, 2024

The Tax Cuts and Jobs Acts (TCJA) of 2018 stirred up mixed responses by introducing a $10,000 cap on state and local tax (SALT) deductions for individual taxpayers. As of today, 19 states have enacted pass-through entity taxes. Prior to TCJA, many states did not have a PTE tax or the tax rate was much lower.

Rhode Island 52

Rhode Island Tax South Carolina Connecticut 52

CPA Practice

MARCH 16, 2023

In 2018 Avalara launched our Accounting Top 100 Social Media Leaderboard. Our goal was to create a community of accounting professionals on Twitter to enable networking though engaging conversations and friendly competition. A seasoned Quickbooks Pro Advisor, she has built solid relationships within the Intuit Accountants community.

Rhode Island 52

Rhode Island South Carolina Account accountant 52

CPA Practice

JANUARY 10, 2024

Top 30 accounting firm PKF O’Connor Davies has acquired Silver Springs, MD-based Robert Philipson & Co., an accounting, tax, and management advisory firm that specializes in serving private clients through sophisticated tax services. Financial terms of the deal, which became official on Jan. weren’t disclosed.

Rhode Island 52

Rhode Island Connecticut Maryland New Jersey 52

CPA Practice

DECEMBER 19, 2023

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. It’s common for companies to choose an effective date of January 1 to simplify selecting a calendar year for taxes and relieve businesses of paying state franchise taxes for the prior year.

Rhode Island 116

Rhode Island West Virginia South Dakota North Dakota 116

LyfeAccounting

JULY 14, 2021

Your physical address might result in you paying significantly more in property taxes than someone else. And as millions of Americans rush from one state to another, one thing you just have to keep in mind is property taxes. That’s why in this post, we’re going to uncover the states with the worst property taxes in the country.

Rhode Island 52

Rhode Island New Hampshire Vermont Wisconsin 52

Anders CPA

MAY 15, 2023

This changing employment landscape requires employers to reassess their payroll tax withholding processes to ensure you are withholding the proper amount of state, local and unemployment taxes from your employees’ wages. Below we dive into the state and unemployment tax responsibilities employers need to know.

payroll tax 52

payroll tax payroll South Dakota Rhode Island 52

PANALITIX

MARCH 31, 2021

In a recent webinar, Panalitix CEO Mark Ferris discussed how accountants can offer more strategic (CFO-type) services. Accountants raised great points before and during the event. From an accountant in Minneapolis, USA). This is in addition to their oversight of matters of compliance, accounting and tax).

Rhode Island 130

Rhode Island accounting and finance Oregon Maryland 130

ThomsonReuters

JANUARY 24, 2022

The question arises whether a worker who refuses an employer’s vaccine mandate is eligible to collect unemployment benefits, and if so, are employer unemployment accounts impacted by those claims. Meanwhile, employers across the nation, who are not prohibited by a state law, may impose their own vaccination policy. California.

Rhode Island 119

Rhode Island West Virginia South Dakota Maryland 119

LyfeAccounting

JUNE 9, 2021

There are some more expensive states like Rhode Island with an annual fee of $450 or California being the highest of them at $800 per year in annual LLC fees. And depending on the state, you may also have to pay state franchise taxes. Like applying for your EIN, setting up your bank account, or even being your registered agent.

Rhode Island 52

Rhode Island Nebraska Iowa Nevada 52

ThomsonReuters

JANUARY 30, 2023

Table of contents: Minimum wage Paid leave Tax credits Unemployment Earned wage access Pay transparency Tipped workers Worker classification State-run retirement plans Work scheduling 1. Rhode Island. Tax credits State legislators are looking to offer businesses tax incentives for certain benefits to employees.

payroll 105

payroll Hawaii West Virginia Oklahoma 105

ThomsonReuters

AUGUST 15, 2022

Rhode Island. The post Monkeypox On the Rise: Review of Paid Sick PHE Provisions appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Rhode Island 97

Rhode Island Colorado Vermont Washington 97

ThomsonReuters

FEBRUARY 7, 2022

Rhode Island. The post 2022 Minimum Wage and Overtime Salary Threshold Increases appeared first on Tax & Accounting Blog Posts by Thomson Reuters. Effective December 31, 2021, $15.00 per hour . Other areas: $13.20 per hour . Tip credit varies based on occupation. . per hour; $4.65 per hour for tipped workers .

Rhode Island 92

Rhode Island South Dakota Connecticut Agriculture 92

ThomsonReuters

FEBRUARY 7, 2022

California, Connecticut, the District of Columbia, Massachusetts, New Jersey, New York, Rhode Island, and Washington have Paid Family and Medical Leave Insurance (PFMLI) programs with employers and/or employees contributing to the fund. The program would be funded by 2% payroll tax, 1% paid by the employer, 1% paid by the employee ( L.

Missouri 98

Missouri Rhode Island Nebraska Mississippi 98

ThomsonReuters

JUNE 15, 2022

In the middle of a busy legislative season, several states have made important changes in their tax code that practitioners across the nation will want to be aware of in order to service clients who may have multistate needs. Tax Relief Enacted in Delaware, Florida, Georgia, and New Mexico. Florida Sales Tax Holiday.

Rhode Island 105

Rhode Island Delaware Oklahoma Tax 105

CPA Practice

FEBRUARY 7, 2024

By Katelyn Washington, Kiplinger Consumer News Service (TNS) The IRS has granted Maine tax relief to areas of the state impacted by severe storms late last year. Affected taxpayers now have extended tax deadlines of June 17, 2024, to file certain tax returns and make tax payments. 17, 2023, through June 17, 2024.

Maine 52

Maine Rhode Island Tax tax return 52

CPA Practice

JULY 18, 2023

If you’re part of that rising tide, you need to know how to tax shipping and delivery charges. Charges for a company to deliver goods in its own vehicle are often taxed differently than charges for delivery by common carrier or private carrier. or “Is there sales tax on U.S. What follows are general guidelines, not tax advice.

Sales 98

Sales Retail Tax West Virginia 98

CPA Practice

JANUARY 12, 2024

But one of the one of the major things I think that needs to be said about it is that the major the major AI initiative that TR is chasing is the is incorporating sure preps document and information ingesting process on the front end of a tax return. That’s the CEO about the allocation of AI to tax and accounting.

Technology 40

Technology Account accountant accounted 40

ThomsonReuters

OCTOBER 20, 2020

Many companies are discovering that this massive shift in work behavior may also have unforeseen tax implications. While businesses may focus on the potential for new income and activity tax liabilities, they should be aware that indirect tax responsibilities may be affected as well. Economic nexus vs. physical presence nexus.

South Dakota 40

South Dakota Sales Tax Rhode Island 40

ThomsonReuters

APRIL 26, 2022

that is tasked with accounting all workers in the fossil fuel energy sector as well as the anticipated closure dates of fossil fuel plants, nuclear power plants, and coal mines, and the impacts of closures including layoff numbers, early retirements, and salary changes. Rhode Island. The state also has an? West Virginia.

payroll 95

payroll Vermont Rhode Island Hawaii 95

ThomsonReuters

MAY 3, 2021

Funding for the American Families Plan, including paid leave, would be offset by tax increases on Americans making over $400,000 per year and the elimination of lower tax rates on capital gains and dividends. . Rhode Island. Rhode Island. State of the states. Employers contribute 40% of the total rate. .

Rhode Island 52

Rhode Island Hawaii Oregon Connecticut 52

ThomsonReuters

APRIL 24, 2024

Checkpoint Payroll Update caught up with John Wertz, tax attorney and partner at Holland & Knight’s New York office, to discuss this first-of-its-kind law. Wertz, a veteran in state and local taxes for over 30 years, explained that the law applies only to full-time hourly employees.

West Virginia 52

West Virginia Alabama Legal Tax 52