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Sales tax and accounting services

TaxConnex

Tax preparers are generally accredited individuals – certified public accountant (CPA) and enrolled agent (EA) are two common preparer designations – who have completed previous and ongoing education to understand compliance for varied tax purposes. Accounting services are often, but not always, exempt.

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How the 50 States Rank By Lifetime Taxes

CPA Practice

Taxpayers in Washington will pay the most on everyday expenses ($83,014), followed by those in California ($78,191), accounting for food, clothing, personal care, and entertainment. Connecticut $1,731,261 $855,307 49.4% Hawaii $1,581,119 $521,966 33.0% Connecticut $1,731,261 $855,307 49.4% Hawaii $1,581,119 $521,966 33.0%

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Accountants Aren’t the Most Concerned About AI’s Impact—Except in One State

CPA Practice

Coming on the heels of a Moss Adams study that revealed 69% of accountants believe artificial intelligence has a positive impact on the accounting profession, a new report from AI customer support company DevRev found that accountants don’t fear AI advancements the most among professionals in the U.S.

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Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

Some states are looking to change only certain elements of their minimum wage laws: Connecticut. Kentucky ( House Bill 69 ), Hawaii ( House Bill 235 ), Minnesota ( Senate Bill 34 ), and Texas ( House Bill 404 ) are proposing employer-provided paid sick leave requirements.

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The accountant’s guide to state taxes on retirement income

ThomsonReuters

As an accountant, understanding state tax considerations for various sources of retirement income — including pensions, Social Security benefits, 401(k) and IRA distributions, Thrift Savings Plans (TSPs), and military retirement income — is crucial in helping your clients minimize their tax liability and make the most of their golden years.

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Best States to Practice Dentistry In

DentalAccounting

Connecticut. Clearly, the analysis from 24/7 did not take taxes into account as these are probably the highest tax states. If you need a higher level of tax expertise, then we recommend requesting a member of the Dental Accounting Association. Massachusetts. California. New Jersey. New Hampshire. Minnesota.

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The Benefits of Delayed Business Filings

CPA Practice

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. Loved by entrepreneurs, accountants, and lawyers, CorpNet offers transparent pricing, a simple ordering process, and quickly scalable software and API solutions.