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On the move: RRBB adds partner

Accounting Today

CONNECTICUT FASB, GASB and FAF logos on the wall at headquarters in Norwalk, Connecticut Courtesy of GASB The Financial Accounting Foundation board of trustees announced it is seeking nominations for new members to join the Financial Accounting Standards Advisory Council for an initial one-year term beginning Jan. All rights reserved.

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State Sales and Use Tax Update

TaxConnex

New York City tax revenues in March and April fell $1.15 Sales tax accounted for the largest decline, falling $918 million, or 23 percent. In New York State , the sales tax payment the county of Onondaga received recently was $10 million higher than the same period last year. In Vermont , three letters can mean a lot.

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Last Week in Payroll: Repaying Deferred Social Security Taxes

ThomsonReuters

COVID-19 related claims filed between March 14, 2021, through July 3, 2021, will not be charged against employer accounts. . Unemployment tax rates set at pre-COVID-19 levels. . The combination of the replenishment tax and obligation assessment equals the 2020 replenishment tax rate of 0.21%. . Learn more.

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Last Week in Payroll: Summertime Tax Tips

ThomsonReuters

The Vermont Department of Taxes has updated its guidance for remote workers. Anyone who is a non-resident but temporarily living and working in Vermont, has an obligation to pay Vermont income taxes on the income earned while living and performing work in Vermont. Remote worker guidance.