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Kentucky now taxes a range of services

TaxConnex

Kentucky is the latest in terms of taxing specific services. Businesses without a sales and use tax account must apply for one. Kentucky has also released a “Sales Tax Facts” sheet detailing some now-taxable services. The Bluegrass State looks to expand sales tax on what it calls high-growth services.

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Payroll Taxes Demystified: A Breakdown for Accountants and CPAs Serving Business Owners

CPA Practice

As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. As an accountant or CPA, you play a vital role in: Calculating and withholding taxes correctly. Your client will be assigned an employer tax account number for the state. By Nellie Akalp.

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The Largest Accounting Firm in Kentucky Thinks a Tower Will Win the Talent War

Going Concern

Kentucky’s largest accounting and advisory firm* announced on Tuesday they will be relocating their primary office in Louisville to the fancy PNC Tower at 101 South 5th Street this coming spring. did not fact check this, just going to trust the press release because if you can’t trust accounting firms who can you trust ya know?

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LBMC Adds Kentucky CPA Firm Strothman & Co.

CPA Practice

Top 40 accounting firm LBMC, which is based in Brentwood, TN, is merging in Louisville-based CPA firm Strothman & Co. team further enhances our service offerings and allows us to expand our Kentucky presence, where we currently serve over 100 clients across the state.” Financial terms of the deal were not disclosed.

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Ex-Kentucky CPA Accused of Failing to Report More Than $300,000 on Federal Taxes

CPA Practice

By Bill Estep, Lexington Herald-Leader (TNS) A former Kentucky accountant has been indicted after allegedly failing to report more than $320,000 in income on his federal taxes. Stivers has had prior legal trouble over his actions as an accountant. The charges are punishable by up to three years in prison each.

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Ex-Kentucky CPA Accused of Failing to Report More Than $300,000 on Federal Taxes

CPA Practice

By Bill Estep, Lexington Herald-Leader (TNS) A former Kentucky accountant has been indicted after allegedly failing to report more than $320,000 in income on his federal taxes. Stivers has had prior legal trouble over his actions as an accountant. The charges are punishable by up to three years in prison each.

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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.