PYMNTS

AUGUST 6, 2019

The state of Louisiana has entered legal marijuana territory with medical cannabis access beginning this week. According to MTrac, its payments platform was developed in cooperation with “the main bank in Louisiana” that plans to provide bank account services to the state’s marijuana-related businesses. Global Payout Inc.

Louisiana 54

Louisiana Legal B2B Maine 54

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

OCTOBER 16, 2023

Taylor, Kiplinger Consumer News Service (TNS) Many Californians thought their taxes were due today (Oct. 16), but the IRS has further postponed tax deadlines for people in 58 counties impacted by natural disasters last winter. 16, 2023, to file their 2022 federal income tax returns and pay any tax due. 16, 2023.

California 65

California Tax tax return income tax 65

TaxConnex

MAY 11, 2021

Both the process of reporting sales tax and the level of sales tax detail required varies from state to state. Some reporting requirements that should be considered in your sales tax compliance process are: 1. In most cases, the greater the amount of tax you are collecting and remitting, the more frequent you will need to file.

Sales 131

Sales Tax Colorado tax return 131

CPA Practice

APRIL 19, 2024

By 2027, marketplaces may account for 59% of ecommerce globally. But running a marketplace also brings unique tax and compliance challenges. Our 2024 Avalara Tax Changes report explores new and changing requirements for marketplace facilitators and sellers across a variety of industries. Who wouldn’t want a piece of that pie?

Tax 59

Tax Wyoming Alaska Louisiana 59

ThomsonReuters

FEBRUARY 6, 2024

Jump to: What is indirect tax? Types of indirect tax The value of indirect tax to tax professionals Differences between direct and indirect tax Tax planning and management is one of the primary areas accountants help their clients. Taxes are either direct tax or indirect tax.

Tax 52

Tax income tax Manufacturing corporation tax 52

ThomsonReuters

JULY 10, 2023

Jump to: What is sales tax? What is use tax? Sales tax vs. use tax Summary Calculating, collecting, and reporting sales tax and use tax can get complicated as a business grows, and it can be easy to confuse these two types of indirect taxes. What is sales tax?

Sales 97

Sales Tax Arizona Georgia 97

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

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

CPA Practice

SEPTEMBER 13, 2023

Yandle is a native of Louisiana and holds a bachelor’s degree in journalism from Loyola University of the South in New Orleans, and a JD from Washington College of Law at The American University in Washington, D.C. These opportunities include avenues for leadership and professional development through service, connection, and education.

Arizona 105

Arizona cpas CPA Louisiana 105

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

CPA Practice

MARCH 26, 2024

Yandle is a native of Louisiana and holds a bachelor’s degree in journalism from Loyola University of the South in New Orleans, and a JD from Washington College of Law at The American University in Washington, D.C. These opportunities include avenues for leadership and professional development through service, connection, and education.

Arizona 65

Arizona cpas CPA Louisiana 65

Snyder

JUNE 9, 2022

For e-commerce business owners, income tax filing season marks the start of a highly stressful time. Among the taxes that e-commerce businesses need to file, income tax is the most common one. To help you meet the income tax filing season fully armed and prepared, we have compiled a step-by-step guide. What is income tax?

income tax 52

income tax tax return Tax E-commerce 52

LyfeAccounting

JULY 22, 2021

if you love paying property taxes then this is not the post for you. Because today, we’re going to uncover the best states to live in to save on property taxes. We recently published a post with a list of the worst property taxes by states. And was it ugly that some states had property taxes as high as 2.5%

South Carolina 52

South Carolina Hawaii West Virginia Delaware 52

CPA Practice

MARCH 25, 2024

Yandle is a native of Louisiana and holds a bachelor’s degree in journalism from Loyola University of the South in New Orleans, and a JD from Washington College of Law at The American University in Washington, D.C. These opportunities include avenues for leadership and professional development through service, connection, and education.

Arizona 52

Arizona cpas CPA Louisiana 52

LyfeAccounting

JULY 22, 2021

if you love paying property taxes then this is not the post for you. Because today, we’re going to uncover the best states to live in to save on property taxes. We recently published a post with a list of the worst property taxes by states. And was it ugly that some states had property taxes as high as 2.5%

South Carolina 52

South Carolina Hawaii West Virginia Delaware 52

inDinero Tax Tips

APRIL 11, 2023

Incorporation is a critical legal matter that impacts more than your company’s tax responsibilities for doing business. Delaware is considered “the place” to establish your corporate entity as there’s no Delaware sales tax. Delaware is considered “the place” to establish your corporate entity as there’s no Delaware sales tax.

Delaware 52

Delaware Nevada Tax Sales 52

CPA Practice

JANUARY 31, 2023

Professionals on the Move is a round-up of recent hiring and leadership announcements in and around the accounting profession. Her experience includes helping claim tax credits for clients of all sizes, from startups to Fortune 500. 1, 2023.

New Hampshire 110

New Hampshire Georgia Virginia public accounting 110

PYMNTS

DECEMBER 27, 2019

Sales taxes empower governments to maintain critical public services, but they can also make medical essentials too expensive for those who need them. Campaigns against taxing obligatory items are spreading across the United States, forcing states to rethink their revenue generation decisions. Sales taxes’ price tags.

Tax 58

Tax Louisiana Missouri audit 58

CPA Practice

APRIL 20, 2023

New York-based top 20 accounting firm EisnerAmper said on Thursday it has added Baton Rouge, LA-based top 100 firm Postlethwaite & Netterville in a transaction that is expected to close this summer. and nine offices in Louisiana, Texas, and Mississippi. Founded in 1949, P&N has more than 575 team members across the U.S.

Mississippi 52

Mississippi Louisiana Texas New York 52

CPA Practice

MARCH 7, 2023

For example, it makes sense to suggest electing S Corp status to your clients when their self-employment tax burden exceeds the tax burden if the corporation converted to an S Corp. For businesses structured as corporations, being an S Corp can help them avoid paying taxes at the corporate and shareholder levels. for Medicare.

New Hampshire 115

New Hampshire Tax tax return income tax 115

ThomsonReuters

MARCH 22, 2021

Keeping Up with Taxes. The legislation levied a direct tax on the American Colonies in an effort to pay off debts and defend new American territories won from the French in the Seven Years’ War. So, why the brief history lesson on American Colony taxes? For payroll, in particular, there are a number of taxes.

payroll 52

payroll Tax Arkansas Texas 52

Going Concern

OCTOBER 20, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Early-career hires are set to account for the majority of job losses in some teams, as Deloitte retrenches following a slowdown in demand. Welsh said.

CPA 103

CPA quickbooks Real Estate auditor 103

Going Concern

NOVEMBER 11, 2022

note: if you like accounting news, which you clearly do because you are reading this, we encourage you to sign up for our newsletter for even more accounting news. There’s definitely an accountant shortage out there’: MBAs have become the go-to degree and companies are struggling to hire enough CPAs [ Fortune ].

audit 89

audit auditor Louisiana cpas 89

inDinero Tax Tips

APRIL 20, 2021

Incorporation is a critical legal matter that impacts more than your company’s tax responsibilities for doing business. Delaware does tax companies. In 2011, Delaware garnered $860 million in taxes and fees from out-of-state business entities incorporated under its laws. With so few taxes, how does Delaware rake it in?

Delaware 64

Delaware Wyoming Nevada Oregon 64

PYMNTS

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. States can now tax sales by companies that do not have a physical presence within the state. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces.

South Dakota 51

South Dakota Sales Tax Louisiana 51

Going Concern

MAY 5, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. The gap widens again at the upper levels.

audit 106

audit cpas auditor Mississippi 106

CPA Practice

FEBRUARY 9, 2023

A team of students from the Southern Illinois University, Carbondale, claimed victory at the Deloitte FanTAXtic national case study competition by presenting the best analysis on a complex, issues-driven business tax case. The creative problem solving displayed by all participants during this year’s program is truly inspiring.

Illinois 52

Illinois Wisconsin Iowa Louisiana 52

Xero

AUGUST 24, 2022

There’s really no place like New Orleans, Louisiana (known affectionately as NOLA). It was the perfect location to reconnect with our valued accounting and bookkeeping partners, and share some exciting plans for new tools and features designed to make inventory management, bank reconciliation and tax management simpler and more seamless.

bookkeeping 74

bookkeeping Louisiana Technology Tax 74

CPA Practice

JUNE 6, 2023

By Laura Weiss, CQ-Roll Call (TNS) A handshake deal to redirect IRS funding to offset tight spending caps for other domestic programs won’t mark the end of a partisan battle over expanding the tax collecting agency. Lloyd Doggett, a senior Democrat on the Ways and Means Committee, which oversees the tax code. Louisiana Sen.

North Carolina 59

North Carolina Texas Arkansas Louisiana 59

ThomsonReuters

FEBRUARY 10, 2022

Department of Labor explains that unemployment insurance is a federal-state program financed through federal and state employer payroll taxes. Federal Unemployment Tax Act (FUTA) taxes are paid and reported by employers. Generally, most employers receive a FUTA credit and only pay a net tax rate of 0.6% Virgin Islands.

South Dakota 52

South Dakota Wisconsin North Carolina Nebraska 52

Going Concern

DECEMBER 9, 2022

Trump Organization found guilty on all counts of criminal tax fraud [ CNN ]. Financial advisory company AlixPartners was chosen for the task and is led by former Securities and Exchange Commission (SEC) chief accountant Matt Jacques, according to a Dec. Baker Tilly Shops for US Law Firm as Big Four Expand Services [ Bloomberg Tax ].

CPA 88

CPA Florida auditor audit 88

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

Withum

FEBRUARY 1, 2023

Every year the top dealership accounting firms and CFOs converge to discuss the latest hot topics as they relate to dealerships and dealership accounting issues. Set in New Orleans, Louisiana this year, there was plenty of fun (Phillies Astros World Series Game 1) and information to go around.

accounting and finance 52

accounting and finance income tax Tax CPA 52

ThomsonReuters

JUNE 14, 2021

The guidance is aimed at helping multi-state employers determine to which state wages should be reported and unemployment taxes paid. Being familiar with the DOL’s “localization of work” provisions may be helpful to employers that want to make sure wages are reported and unemployment taxes are paid to the correct state.

payroll 98

payroll Missouri Virginia Delaware 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. Generally, if a tax filing or payment deadline falls on a weekend or legal holiday, the due date is the next business day.

payroll 52

payroll income tax California North Dakota 52

ThomsonReuters

JULY 26, 2022

Five states do not have a state minimum wage requirement: Alabama, Louisiana, Mississippi, South Carolina, and Tennessee. The post Think Tank Analysis Finds Current Federal Minimum Wage Rate at Lowest Value in 66 Years appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

North Dakota 98

North Dakota South Carolina North Carolina Michigan 98