CTP

MAY 8, 2024

The Tax Cuts and Jobs Acts (TCJA) of 2018 stirred up mixed responses by introducing a $10,000 cap on state and local tax (SALT) deductions for individual taxpayers. As of today, 19 states have enacted pass-through entity taxes. Prior to TCJA, many states did not have a PTE tax or the tax rate was much lower.

Rhode Island 52

Rhode Island Tax South Carolina Connecticut 52

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

ThomsonReuters

FEBRUARY 6, 2024

Jump to: What is indirect tax? Types of indirect tax The value of indirect tax to tax professionals Differences between direct and indirect tax Tax planning and management is one of the primary areas accountants help their clients. Taxes are either direct tax or indirect tax.

Tax 52

Tax income tax Manufacturing corporation tax 52

CPA Practice

MAY 10, 2024

ICPAS will formally present awards to the following honorees at the Leadership Recognition & Awards Dinner in Chicago on June 13, 2024: Lifetime Achievement Award The Lifetime Achievement Award is the highest honor bestowed on a member who has demonstrated distinguished service to ICPAS and the accounting profession. Wolfe, Ltd.

CPA 64

CPA Illinois Kansas Oklahoma 64

TaxConnex

SEPTEMBER 17, 2020

States are still reeling in sales tax deficits brought on by the economic downturn during the pandemic, but the addition of economic nexus has appeared to have somewhat alleviated the deficits. States are starting to see an increase in online sales tax collections as more and more people remain online for work and shopping.

Oklahoma 168

Oklahoma Texas Kansas Tennessee 168

CPA Practice

MAY 20, 2024

Top 60 accounting firm KSM (Katz, Sapper & Miller) is expanding into Ohio as it is set to add Cincinnati-based CPA firm Cassady Schiller on May 31. Headquartered in Indianapolis, KSM also has Indiana offices in Evansville and Fort Wayne, as well as offices in Oklahoma City and New York City.

Real Estate 52

Real Estate Oklahoma Indiana Ohio 52

CPA Practice

APRIL 18, 2024

Tankersley, CPA.CITP, CGMA 04:37 you know, the the problem here realistically is we have in the accounting industry with a few exceptions. And I can tell you that day before recording this podcast, I received a call from a client that I worked with in Oklahoma who had the same question. And Brian F. That was written before y2k.

Technology 115

Technology Account accountant accounted 115

Going Concern

APRIL 15, 2024

In response, the Public Company Accounting Oversight Board has drafted a rule that the accounting firms can have public trust or private financials—but they can’t have both. Public accounting firms operate in a unique space in our society. Now, some news. Regulations need to change to match. Right now, they don’t.

audit 62

audit Account accountant accounted 62

Going Concern

SEPTEMBER 9, 2022

listed Chinese biotechnology company to carry out a “brazen” $400 million accounting fraud. Ex-Hillandale Farms accountant admits to $6.8 23 to fraud conspiracy, money-laundering conspiracy, and tax fraud. Accountant Accused of Stealing Millions of Dollars From Construction Company [ CPA Practice Advisor ].

Account 52

Account accountant accounted Oklahoma 52

CPA Practice

DECEMBER 18, 2023

The Leadership Academy features career-development workshops and sessions with some of the accounting profession’s most prominent leaders, which this year included AICPA Chair Okorie Ramsey, CPA, CGMA, PMP, NACD.DC; and AICPA President and CEO Barry Melancon, CPA, CGMA. This year’s class included representatives from 25 states.

cpas 121

cpas CPA Iowa Oklahoma 121

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

OCTOBER 18, 2023

Are you going to be starting a new job at a public accounting firm in Chicago, Philadelphia, Dallas, Phoenix, or Portland, OR? Starting salaries in public accounting next year are projected to range between 5% lower and 33% higher than the national averages in these 10 cities as well as five others that are among the largest in the U.S.

public accounting 52

public accounting audit Account accountant 52

Going Concern

OCTOBER 6, 2022

Over the last week we ’ve taken a look at projected public accounting starting salaries in 2023 for eight cities with a high cost of living and 12 cities with a medium cost of living , and how those salaries compare to the national averages contained in the 2023 Robert Half Accounting & Finance Salary Guide. Senior tax associate.

public accounting 98

public accounting audit Account accountant 98

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

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. Tax credits State legislators are looking to offer businesses tax incentives for certain benefits to employees. The state has two proposals.

payroll 105

payroll Hawaii West Virginia Oklahoma 105

CPA Practice

JULY 7, 2023

The defendants allegedly submitted 29 Paycheck Protection Program loan applications that inflated payroll expenses and manipulated bank statements and IRS tax forms. The group used a series of bank accounts to create a fake paper trail of payroll expenses. Eight of the 14 defendants are from cities in North Texas.

Texas 105

Texas Oklahoma payroll California 105

CPA Practice

DECEMBER 12, 2023

Top 200 accounting firm REDW Advisors and CPAs added Salem, OR-based tax and accounting firm Grove, Mueller & Swank P.C. As part of the merger, REDW gains its first office in the Pacific Northwest, adding to its existing locations in Phoenix, Oklahoma City, and Albuquerque, NM. Hawkins is now a tax principal at REDW.

Oregon 52

Oregon Oklahoma cpas accounting firms 52

Going Concern

APRIL 24, 2023

Here are a few stories to whet your appetite for what promises to be a thrilling week in accounting ahead (obligatory /s). The greatest job security will be for people who know the tax rebates and every aspect of green law, then study PDFs—God, there will still be PDFs in 2050, won’t there? Good morning and welcome to another Monday.

audit 52

audit Account accountant accounted 52

inDinero Tax Tips

APRIL 11, 2023

Incorporation is a critical legal matter that impacts more than your company’s tax responsibilities for doing business. Delaware is considered “the place” to establish your corporate entity as there’s no Delaware sales tax. Delaware is considered “the place” to establish your corporate entity as there’s no Delaware sales tax.

Delaware 52

Delaware Nevada Tax Sales 52

CPA Practice

FEBRUARY 17, 2023

Marketplace facilitators are being required to monitor and vet high-volume marketplace sellers in a growing number of states, including Arkansas , California , and Oklahoma. If a high-volume seller fails to comply with the new information and reporting requirements, the online marketplace can suspend sales activity on their account.

Oklahoma 105

Oklahoma Arkansas Sales Tax 105

CPA Practice

MAY 18, 2023

Victoria Saravia Bazoberry (New York), a graduate of the University of Notre Dame with a Bachelor of Business Administration in accountancy, is employed with KPMG LLP in New York, NY. Sells, one of the first CPAs in the U.S., was active in the establishment of the AICPA and played a key role in advancing education within the profession.

CPA 128

CPA institute of chartered accountants chartered accountant North Dakota 128

RitaKeller

OCTOBER 14, 2021

Yesterday, I read a post by goingconcern addressing CPA salaries in eight cities: Baltimore, Cincinnati, Detroit, Indianapolis, Louisville, Milwaukee, Oklahoma City, and St Louis. I even did a limited survey myself but was disappointed by the response. The author used various sources. There are three salary percentiles. Read the post here.

Oklahoma 45

Oklahoma CPA tax accountant Tax 45

ThomsonReuters

JULY 21, 2022

HHS Resolution Agreement: Oklahoma State University—Center for Health Sciences (May 10, 2022); HHS News Release (July 14, 2022). The post Delayed Reaction to Hacking Breach Leads to $875,000 HIPAA Settlement appeared first on Tax & Accounting Blog Posts by Thomson Reuters. Available at [link].

Oklahoma 52

Oklahoma audit Tax Account 52

ThomsonReuters

APRIL 9, 2021

Employers were reimbursed with a payroll tax credit or a refund if the cost exceeded their tax liability. Credits were claimed through Form 941, the quarterly employment tax return. The credit will be against the employer’s share of Medicare tax. in February. Possible state amendments to existing mini-COBRA laws.

Hawaii 98

Hawaii payroll tax South Dakota payroll 98

CPA Practice

DECEMBER 28, 2023

The Registered Apprenticeship for Finance Business is the nation’s first-of-its-type program for accounting and finance that is dedicated to establishing a pipeline of highly engaged candidates that allows employers to monitor and develop more skilled, diverse, and long-term employees.

cpas 59

cpas accounting and finance CPA South Carolina 59

PYMNTS

APRIL 30, 2019

Suspension, Taxes and a Breach. Securities and Exchange Commission (SEC) announced that it has temporarily suspended the trading of Bitcoin Generation shares (BTGN) from the Oklahoma-based cryptocurrency exchange. In other news, Australia wants to make sure crypto traders are paying their fair share in taxes.

Oklahoma 53

Oklahoma New York tax return Tax 53

PYMNTS

JULY 15, 2019

As has been a usual practice with BEC, all other information requested was seemingly correct, and thus two payments were sent to the fraudster’s account. Separately, in Oklahoma, a computer software company owner has pleaded guilty to payroll tax fraud. intentionally caused” the United States a tax loss of more than $1 million.

payroll tax 43

payroll tax Oklahoma Georgia payroll 43

PYMNTS

MARCH 26, 2019

Lyft, which is expected to soon be a publicly traded company , said it will offer incentives to help drivers economically, such as no-fee bank accounts, debit cards and special prices on rentals. The company will also open centers where drivers can get car washes and discounts on car maintenance. If you want to rent a car, you can do that.

Oklahoma 49

Oklahoma Education Tax Account 49

CPA Practice

JANUARY 2, 2024

The Registered Apprenticeship for Finance Business is the nation’s first-of-its-type program for accounting and finance that is dedicated to establishing a pipeline of highly engaged candidates that allows employers to monitor and develop more skilled, diverse, and long-term employees.

cpas 40

cpas accounting and finance CPA South Carolina 40

PYMNTS

SEPTEMBER 23, 2019

In another example of decidedly low-tech fraud, in Oklahoma, a woman recently sentenced to prison stole $400,000 from her employer through signed paper checks. She also submitted a false tax return in 2016, omitting those funds as income. Vendors even made payments to Jelfo’s credit card accounts, according to reports in patch.com.

Oklahoma 49

Oklahoma Kentucky Florida Maryland 49

ThomsonReuters

JUNE 15, 2022

In the middle of a busy legislative season, several states have made important changes in their tax code that practitioners across the nation will want to be aware of in order to service clients who may have multistate needs. Tax Relief Enacted in Delaware, Florida, Georgia, and New Mexico. Florida Sales Tax Holiday.

Rhode Island 105

Rhode Island Delaware Oklahoma Tax 105

CPA Practice

SEPTEMBER 1, 2023

As accounting continues to evolve from the traditional services to a model that favors value-added contributions, the number of companies offering targeted services for specific niche markets should continue to proliferate. But the accounting profession isn’t alone in this evolutionary process. By Adam Powell, CPA.

Account 111

Account accountant accounted Oklahoma 111

PYMNTS

JUNE 27, 2019

Last week, small business accounting company ScaleFactor released a new survey on how SMBs access capital. “Being in Boston, Massachusetts, I’m much less likely to invest in a restaurant in Oklahoma if the same business was right next to me,” Mathews said. Localizing Capital.

Education 58

Education Non-Profits Oklahoma accounting and finance 58

ThomsonReuters

JANUARY 24, 2022

The question arises whether a worker who refuses an employer’s vaccine mandate is eligible to collect unemployment benefits, and if so, are employer unemployment accounts impacted by those claims. Meanwhile, employers across the nation, who are not prohibited by a state law, may impose their own vaccination policy. California.

Rhode Island 119

Rhode Island West Virginia South Dakota Maryland 119

CPA Practice

JULY 18, 2023

If you’re part of that rising tide, you need to know how to tax shipping and delivery charges. Charges for a company to deliver goods in its own vehicle are often taxed differently than charges for delivery by common carrier or private carrier. or “Is there sales tax on U.S. What follows are general guidelines, not tax advice.

Sales 98

Sales Retail Tax West Virginia 98

CPA Practice

JUNE 1, 2023

AICPA & CIMA Now Offers New Learning Tools for Accounting Professionals The AICPA & CIMA recently announced the offering of anew online learning platform to help accounting and finance professionals improve and update their skills to take advantage of a digital accelerating business environment.

institute of chartered accountants 111

institute of chartered accountants chartered accountant North Dakota Wisconsin 111

inDinero Tax Tips

APRIL 20, 2021

Incorporation is a critical legal matter that impacts more than your company’s tax responsibilities for doing business. Delaware does tax companies. In 2011, Delaware garnered $860 million in taxes and fees from out-of-state business entities incorporated under its laws. With so few taxes, how does Delaware rake it in?

Delaware 64

Delaware Wyoming Nevada Oregon 64