PYMNTS

OCTOBER 29, 2020

17 were in Massachusetts (+5,442), Kansas (+3,010), Virginia (+2,255), Texas (+616) and Minnesota (+493), while the largest decreases were in California (-16,207), New York (-11,495), Georgia (-9,274), Florida (-7,834) and Michigan (-7,774). Unemployment numbers don't take into account the people who have simply stopped looking for a job.

Rhode Island 83

Rhode Island West Virginia South Carolina North Carolina 83

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. Loved by entrepreneurs, accountants, and lawyers, CorpNet offers transparent pricing, a simple ordering process, and quickly scalable software and API solutions.

Rhode Island 116

Rhode Island West Virginia South Dakota North Dakota 116

ThomsonReuters

APRIL 25, 2024

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.

South Dakota 52

South Dakota Rhode Island New Hampshire Wyoming 52

CPA Practice

APRIL 19, 2024

By 2027, marketplaces may account for 59% of ecommerce globally. For example, businesses should exclude sales made through a registered marketplace facilitator when determining whether they’ve reached the economic nexus threshold for Arizona and Minnesota. By Gail Cole. Who wouldn’t want a piece of that pie?

Tax 59

Tax Wyoming Alaska Louisiana 59

Anders CPA

MAY 15, 2023

Once registered, employers will receive an employment withholding account number so state taxes can be withheld and remitted properly. If you have employees working in states that have state withholding tax, then the business will need to be registered with that state’s Department of Revenue “To Do Business.”

payroll tax 52

payroll tax payroll South Dakota Rhode Island 52

Shay CPA

JUNE 7, 2023

Meet with your accountant to decide if it’s right for you. States that require employers to pay out the severed employees’ final paychecks immediately or by next-business-day include: California Colorado Connecticut Hawaii Massachusetts Minnesota (if the employee demands it) Missouri Montana Nevada Oregon Utah Washington, D.C.

payroll 52

payroll Montana Hawaii Utah 52

ThomsonReuters

FEBRUARY 7, 2022

A new year brings minimum wage increases in 21 states while Connecticut and Florida will increase their minimum wage rates later in the year. Connecticut. The post 2022 Minimum Wage and Overtime Salary Threshold Increases appeared first on Tax & Accounting Blog Posts by Thomson Reuters. per hour; $9.54 per hour .

Rhode Island 92

Rhode Island South Dakota Connecticut Agriculture 92

ThomsonReuters

FEBRUARY 9, 2022

The DOL also has a list of potential FUTA credit reduction states for tax year 2022, which includes California, Colorado, Connecticut, Illinois, Massachusetts, Minnesota, New Jersey, New York, Pennsylvania, and the U.S. Department of Labor (DOL) announces the list of FUTA credit reduction states each November. Virgin Islands.

payroll 98

payroll California Connecticut Tax 98

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. Connecticut. The Connecticut Department of Labor did not respond to our request. California. Legislation ( L.

Rhode Island 119

Rhode Island West Virginia South Dakota Maryland 119

CPA Practice

APRIL 10, 2023

Connecticut, Maine, New Hampshire) A combined state/local sales tax on accommodations and local jurisdictions can impose an additional local accommodations tax (e.g., The department’s list of jurisdictions with a room tax is 66 pages long, and it may not account for every jurisdiction with a municipal room tax.

Tax 86

Tax West Virginia Wisconsin Virginia 86

CPA Practice

JULY 18, 2023

Connecticut : Shipping and delivery charges for taxable sales are generally taxable in Connecticut whether separately stated or included in the sale price, and whether provided by the seller or a third party. For example, items shipped to consumers outside of Minnesota aren’t subject to Minnesota sales tax.

Sales 98

Sales Retail Tax West Virginia 98

ThomsonReuters

JUNE 28, 2021

Although it is possible to automate payroll systems to account for these minimum wage increases, it is a good idea for payroll professionals to be aware of these changes to avoid the possibility of underpaying employees. Minneapolis, Minnesota: $14.25 Montgomery County, Maryland: $15.00 per hour for large employers, $14.00

payroll 52

payroll income tax California North Dakota 52