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Hawaii to Offer Tax Amnesty to Switch Short Term Rentals to Long Term

CPA Practice

Hawaii has some of the highest median home prices and rents in the country — and a persistent housing crisis. Could tax incentives geared toward turning Hawaii short-term rentals (STRs) into long-term housing increase housing stock and decrease rents for Hawaiians? By Gail Cole. Governor Josh Green thinks so.

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The Benefits of Delayed Business Filings

CPA Practice

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. A delay allows business owners to specify a future effective date on their registration forms, granting them control over when their company officially becomes a legal entity.

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What's new in May for state sales and use taxes

TaxConnex

States’ sales taxes account for almost 30% of state tax revenue, but most sales taxes are imposed on narrow and still-narrowing bases, according to a new report from the Tax Foundation. Opponents promise legal challenges. It claimed that these services were exempt as accounting services and as customization of software.

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Best States to Practice Dentistry In

DentalAccounting

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. All Dental Accounting Association members are Certified Tax Coaches in addition to being a CPA.

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ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

They are qualified to represent clients in tax-related matters and provide legal advice during an audit. Certified Public Accountants (CPAs): CPAs are licensed accountants with expertise in tax matters. Tax Attorneys: Tax attorneys are lawyers who specialize in tax law.

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What Grubhub, Uber Can Teach CUs About Loyalty And Rewards

PYMNTS

CUs face a wide range of threats from bad actors, however, including fraudulent payments, spoofed logins and hacked member accounts. Another CU issue currently awaiting federal regulation is legalized marijuana. Cannabis has been legalized or decriminalized in several states but is still a Schedule 1 drug under U.S.

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Facebook Loses Another Senior Exec

PYMNTS

Citing a Facebook post, CNBC reported Rose is moving to Hawaii to be closer to his family and doesn’t plan to seek out another executive position. Earlier in August Alex Stamos, the chief security officer, left while in July Facebook lost Colin Stretch, the company’s head legal counsel, noted the report.

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