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What's new in state sales and use taxes

TaxConnex

Ohio revised its sales and use tax rule to add certain exempt construction contractor purchases. Sales tax is the largest source of state funding for the state budget, accounting for 59% of all tax collections. has greenlighted studying the state’s taxation of remote and internet-based computer software products and services.

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Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. Look no further, Accountingfly’s top remote accounting candidates of the week are here.

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In the Trenches: My Three Least Favorite Audit Rooms

Going Concern

Audit rooms come in all shapes and sizes—usually small, often windowless, sometimes with chairs you can actually sit on, and almost always as far away from the finance/accounting department as possible. After eight years in public accounting, I have loads of unforgettable audit room experiences. The construction trailer.

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Data Dive, Supersize Edition: Warby Parker, Whole Foods And WhatsApp

PYMNTS

Some attempts were made to illegally access accounts. The firm also advises customers not use the same password over many sites, as it seems the attackers in this case managed to turn that common user practice into illicit access to account information. The attackers managed to make off with user names and passwords.

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The Technology Lab Podcast – Quantum Tech in Accounting – Oct. 2023

CPA Practice

Technologists Randy Johnston and Brian Tankersley, CPA, discuss how a new generation of computing will impact accounting firms. But I’m gonna get him convinced and you convinced why quantum computing and accounting is such a big deal. I hope you’re still listening, because I want to talk now about the way it works in accounting.