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Local Man Offers Terrible Advice to Desperate New Mexico Taxpayers

Going Concern

Today is March 31, meaning there are 18 days left to file (198 days if you followed your CPA’s recommendation to kick the can down the road with an extension) and it is not the time to be shopping for a tax preparer. OH HEY, we know of someone taking clients if you can’t find an EA or CPA. Good luck to them I guess.

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Sales tax and accounting services

TaxConnex

Tax preparers are generally accredited individuals – certified public accountant (CPA) and enrolled agent (EA) are two common preparer designations – who have completed previous and ongoing education to understand compliance for varied tax purposes. Accounting services are often, but not always, exempt.

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Whitley Penn Acquires Texas CPA Firm Fisher, Herbst & Kemble

CPA Practice

1, the team from San Antonio-based accounting firm Fisher, Herbst & Kemble P.C. Fort Worth-based Whitley Penn is acquiring FHK, a long-established CPA firm that provides audit, tax, and consulting services to clients, primarily financial institutions, construction companies, and retailers.

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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.

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Answers to Retail Business Questions About Sales Taxes

CPA Practice

For example, if you ship a rolling pin to 333 Apple Lane, Pie Town, New Mexico, 87827, and if you’re registered for New Mexico sales tax, you’d have to charge the sales tax rate in effect at 333 Apple Lane, Pie Town, New Mexico, 87827. Fun fact, New Mexico sales tax is actually a gross receipts tax.)

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How the 50 States Rank By Lifetime Taxes

CPA Practice

Taxpayers in Washington will pay the most on everyday expenses ($83,014), followed by those in California ($78,191), accounting for food, clothing, personal care, and entertainment. New York $1,658,872 $748,199 45.1% New Hampshire $1,674,402 $722,610 43.2% New Mexico $1,224,927 $379,638 31.0%

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How CorpNet Helps Startups with State Compliance

Shay CPA

Initial report filings If your business plans to start operating in any of the following states, you may be required to file an initial report: Alaska California Georgia Missouri New Mexico This is similar to your annual report, but the above states require a special format for your first one.

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