TaxConnex

MAY 4, 2023

Many tech companies consider themselves service providers, exempt from sales and use tax. In these cases, IP addresses have been used for sales tax in certain situations because it can be mapped to a physical address. Will all social media networks now be required to obtain full addresses of their account holders?”

Sales 130

Sales Tax Maryland Oregon 130

TaxConnex

MAY 10, 2022

There’s always something changing in the world of tax, especially sales tax. Florida sales tax exemptions on hurricane-preparedness items may soon encompass purchases of pet food, thanks to the lobbying of a local Girl Scout troop. has become the second state this year to expand its sales tax exemption involving gold and silver.

Sales 162

Sales Tax Mississippi Non-Profits 162

TaxConnex

DECEMBER 14, 2023

In sales tax calculation, you deal with the “hard” and the “less-hard.” Figuring out sales tax obligations for goods (aka, tangible personal property, or TPP) is the less-hard part; you merely have to bear in mind that every state that taxes TPP does it a little differently. States also tax services with nuance.

West Virginia 206

West Virginia Virginia Kentucky Minnesota 206

ThomsonReuters

APRIL 18, 2024

With 75% of employers in the Americas forecasting that the average employee will be a hybrid worker within two years, employers should carefully consider the tax implications of such arrangements where the employee may be working in one state in-office and remotely in another state at home. This may pose significant issues.

payroll tax 52

payroll tax Tax payroll Connecticut 52

CPA Practice

JANUARY 16, 2024

Top 15 accounting firm Marcum merged with Farmington, CT-based Federman, Lally & Remis, effective Jan. FLR also brings a wealth of experience to Marcum’s tax and assurance divisions. Financial terms of the deal weren’t disclosed.

Connecticut 52

Connecticut Real Estate New York Manufacturing 52

ThomsonReuters

APRIL 25, 2024

Navigating state taxes on retirement income is a critical aspect of financial planning for retirees. While federal tax rules apply uniformly across the country, state tax rules can vary widely. Jump to: • State tax on retirement income • Which states do not tax retirement income?

South Dakota 52

South Dakota Rhode Island New Hampshire Wyoming 52

CPA Practice

FEBRUARY 7, 2024

By Peter Yankowski, New Haven Register, Connecticut (TNS) An accountant in New Milford, CT, has been charged with stealing tens of thousands of dollars from a small business owner weeks after police charged him with taking money from a different client. Carl Benjamin Anderson was arrested by detectives on Jan.

Connecticut 52

Connecticut Account accountant accounted 52

CPA Practice

FEBRUARY 7, 2023

The best-selling author of Tax-Free Wealth , Wheelwright is a wealth and tax expert, global speaker, podcaster, and entrepreneur who prides himself on making taxes fun, easy and understandable. Tom specializes in helping entrepreneurs and investors build wealth through practical and strategic ways that permanently reduce taxes.

Account 105

Account accountant accounted CPA 105

CPA Practice

MAY 11, 2023

In a recent study, Tipalti found which states were the best to pursue a career in finance or accounting by analyzing the number of jobs available, average salaries, and university rankings. Here’s which states ranked best for a career in finance or accounting. They also determined the best-paying jobs for finance graduates.

Account 104

Account accountant accounted accounting and finance 104

CPA Practice

OCTOBER 4, 2023

Supreme Court has agreed to take up a lower court decision on taxation ( Moore v United States ) that could open or slam the door on a federal wealth tax, it’s worth a deep dive into just how terrible a wealth tax would be for American taxpayers. Second, no matter how it’s positioned, a wealth tax is not based on objective facts.

Tax 105

Tax income tax Hawaii Oklahoma 105

CPA Practice

DECEMBER 10, 2023

While chestnuts crackle and we gear up for the annual tax preparation season, it becomes clear that the winter holidays bring more than just festivities and time off; they also mark the beginning of the tax preparation party. Tax preparation has its spotlight, tax planning follows a rhythmic beat … and tax advisory ?

tax planning 69

tax planning Tax tax preparation bookkeeping course 69

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

CPA Practice

AUGUST 28, 2023

In addition to IRS representation training sessions, the partnership will enable tax professionals to explore adding new revenue streams to their practices with tax resolution services. A free one-hour training session on digital marketing for IRS Representation on August 29 , 2023 will be held to launch the partnership.

Education 52

Education Tax Connecticut income tax 52

Going Concern

AUGUST 12, 2022

A man in Connecticut is accused of taking $373,201 in PPP loans to fund a phony accounting firm : Eric James O’Neil, 57, was arrested Aug. O’Neil formed Accountant “R” Us Inc. O’Neil formed Accountant “R” Us Inc. O’Neil certified that Accountant “R” Us Inc. The purported tax forms were never filed with the IRS.

Idaho 57

Idaho Connecticut Tax income tax 57

Cherry Bekaert

MAY 16, 2023

Contributors: John Ford | Senior Consultant, Government Contracting Industry Practice Tony Konkol | Manager, State & Local Tax Practice As a general rule, corporations are responsible for paying Federal and state taxes on the income they earn. This allows S corporations to avoid double taxation on the corporate income.

income tax 88

income tax Tax tax return Connecticut 88

CPA Practice

JUNE 15, 2023

In addition to training sessions for IRS representation, the partnership will enable attorneys and law firms to explore adding new revenue streams to their practices with tax resolution services. All events qualify for CE, CPE and CLE Credits.

Tax 52

Tax Connecticut Education Legal 52

Going Concern

AUGUST 29, 2023

So a guy named Brian Kelleher who works for the hilariously named FML CPAs has written an opinion piece for the Hartford Courant entitled “Opinion: Accounting is a fantastic career — despite common misconceptions.” I’m involved in recruiting for one of the largest accounting firms in Connecticut.

Account 113

Account accountant accounted public accounting 113

CPA Practice

OCTOBER 18, 2023

One crucial factor to consider when selecting your business location is the tax environment. Business taxes can significantly impact your bottom line and overall profitability. The importance of business taxes As an entrepreneur, you face countless decisions when starting a business.

business tax 59

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CPA Practice

JANUARY 11, 2024

Top 60 accounting firm Prager Metis has expanded its presence in North Carolina by combining with Asheville-based Goldsmith Molis & Gray, a full-service tax, accounting, payroll, and consulting firm. offices in California, Connecticut, Florida, Massachusetts, Nevada, New Jersey, New York, and Virginia.

North Carolina 59

North Carolina Nevada Connecticut New Jersey 59

LyfeAccounting

JULY 14, 2021

Your physical address might result in you paying significantly more in property taxes than someone else. And as millions of Americans rush from one state to another, one thing you just have to keep in mind is property taxes. That’s why in this post, we’re going to uncover the states with the worst property taxes in the country.

Rhode Island 52

Rhode Island New Hampshire Vermont Wisconsin 52

CPA Practice

JANUARY 10, 2024

Top 30 accounting firm PKF O’Connor Davies has acquired Silver Springs, MD-based Robert Philipson & Co., an accounting, tax, and management advisory firm that specializes in serving private clients through sophisticated tax services. Financial terms of the deal, which became official on Jan. weren’t disclosed.

Rhode Island 52

Rhode Island Connecticut Maryland New Jersey 52

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

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

DentalAccounting

NOVEMBER 12, 2019

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.

New Hampshire 100

New Hampshire Hawaii Minnesota Connecticut 100

CPA Practice

JULY 31, 2023

Professionals on the Move is a round-up of recent hiring and promotion announcements from across the accounting space. He provides accounting and assurance services to both public and privately held companies, primarily those within the construction and manufacturing sectors. Deatrick joined the firm in 2009.

Real Estate 97

Real Estate West Virginia Manufacturing audit 97

ThomsonReuters

JANUARY 30, 2023

Table of contents: Minimum wage Paid leave Tax credits Unemployment Earned wage access Pay transparency Tipped workers Worker classification State-run retirement plans Work scheduling 1. Some states are looking to change only certain elements of their minimum wage laws: Connecticut.

payroll 105

payroll Hawaii West Virginia Oklahoma 105

Going Concern

DECEMBER 18, 2023

Hope you all are getting some good rest and merriment in the coming days, we’ll be on a low posting schedule next week with a few new things here and there should you be one of those weirdos who reads accounting news on holidays. Big Four Accounting Firms Overhired. The accounting firm is laying off dozens of U.S.

Georgia 57

Georgia Account accountant accounted 57

CPA Practice

FEBRUARY 6, 2024

The Arkansas Society of Certified Public Accountants (ARCPA) announced the 2024 ARCPA Student Education Fund Golf Tournament, which will take place on Monday, May 20, 2024 at the Maumelle Country Club. All net proceeds from the tournament will be used to fund scholarships to college and university accounting students in Arkansas.

CPA 64

CPA Illinois Arkansas Idaho 64

CPA Practice

JANUARY 8, 2024

Top 30 accounting firm UHY has entered Massachusetts by merging with Wayland-based CPA firm Paresky Flitt & Co. The combination expands Farmington Hills, MI-based UHY’s presence in the Northeast, as the firm has 10 offices throughout New York, Connecticut, and New Hampshire. Financial terms of the deal weren’t disclosed.

Massachusetts 52

Massachusetts New Hampshire Connecticut cpa firm 52

CPA Practice

JUNE 1, 2023

RCReports has introduced its new Entity Selection Planning Tool to support accounting and tax professionals in the process of choosing the appropriate entity type for their business clients based on their ownership structure, performance, and goals.

Connecticut 52

Connecticut cpas bookkeeping Tax 52

CPA Practice

JANUARY 11, 2024

Kavanagh joins CohnReznick as Assurance Partner CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, recently announced that Charles (Chuck) Kavanagh , CPA has joined the firm as an assurance partner. The boost follows the hire of public accounting veteran Jay Trumbower as CEO in late 2022.

Delaware 59

Delaware Georgia CPA bookkeeping 59

CPA Practice

MARCH 13, 2023

Payne Nickles & Company Hires First Chief Operating Officer to Drive Growth and Efficiency Payne, Nickles & Company, a full-service accounting, and business advisory firm, recently announced that Abbey Bemis will join the firm as its first Chief Operating Officer.

Real Estate 52

Real Estate forensic accounting Connecticut cpas 52

CPA Practice

NOVEMBER 29, 2023

There Are 2, No 3, Responsible Taxpayers in Every Sales Transaction The adoption of marketplace facilitator collection responsibilities has complicated sales tax reporting. Going Local Local taxes are proliferating and can be challenging to learn, administer, and challenge. Participants qualify for CPE and CLE credits.

New York 52

New York Tax Connecticut New Jersey 52

ThomsonReuters

FEBRUARY 9, 2022

Typically, when an employer needs to terminate an employment relationship with workers, the employer’s unemployment tax rate for the following year may increase. If a state does not repay these loans within around two years, the Federal Unemployment Tax Act (FUTA) tax credit for employers in those states is reduced.

payroll 98

payroll California Connecticut Tax 98

CPA Practice

MARCH 1, 2023

Professionals on the move is a summary of recent promotions and staffing announcements from around the accounting space. Mora received his Bachelor of Science degree in Business Administration with a Concentration in Accounting from Drexel University in Philadelphia, PA. He is a Certified Public Accountant in Pennsylvania.

North Carolina 52

North Carolina Healthcare Connecticut New Jersey 52

CTP

FEBRUARY 29, 2024

Complex tax laws for filing and deducting gambling winnings and losses provide new hurdles for taxpayers. So, as an accountant of a gambling client, you need to have detailed knowledge about gambling winnings and losses, as well as all the rules and regulations related to tax on gambling income.

Gambling 105

Gambling Tax Account accountant 105

PYMNTS

APRIL 23, 2020

For many Americans, the federal government’s stimulus website has remained a source of frustration as they are unable to work due to the coronavirus pandemic and their bank accounts become depleted, according to CNBC. The website launched April 15 purporting to update people as to the status of their stimulus payments.

Wisconsin 70

Wisconsin Connecticut tax return Tax 70