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Sales tax ‘responsible party’ laws still going strong

TaxConnex

Most states’ sales tax registration forms ask for Social Security or driver’s license numbers (or both) of at least one corporate officer or executive. And in a case similar to one that might have involved sales tax, the president of a corporation was properly held liable for the corporation’s unpaid Ohio personal withholding taxes.

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BST & Co. Got Sick of Hounding Rudy Giuliani to Pay His Bill So Now They’re Suing Him

Going Concern

INSIDE Public Accounting Top 300 firm BST & Co. See: Lawsuit says Rudy Giuliani stiffed Colonie accounting firm out of $10K published today by Times Union. Mayor Giuliani is suing Joe Biden for defamation, and I get asked about a potential tax issue. ” Hopefully that is a different accountant.

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Sales and Use Tax Updates from March

TaxConnex

Municipalities in Alaska, which has no statewide sales tax, have begun banding together to impose tax on remote online sales into their jurisdictions. Georgia lawmakers have introduced H.B. 594 , which would impose the Georgia sales tax on digital goods or services. 10 to report use tax.

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Atlanta Businessman Sentenced to 5 Years for Bribery and Tax Evasion

CPA Practice

million in taxes. According to court documents, Lohrasb “Jeff” Jafari, 72, of Alpharetta, Georgia, was the executive vice president of PRAD Group, an architectural, design, and construction management firm headquartered in Atlanta that performed services for the City of Atlanta and DeKalb County. million in taxes. Polite, Jr.

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Guy Blames Failing the CPA Exam on Why His Clients Got Busted for Bank Fraud and Tax Evasion

Going Concern

One Georgia accountant is gonna give it a shot anyway. We’re talking about the case today not because we care what is happening with these people but rather because the couple’s accountant is in trouble as well and said accountant’s lawyer has offered an interesting defense for why he got tied up in this mess.

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Friday Footnotes: IRS Chief Hoping for ‘Financial Sacrifice’; PwC Spin-Off Layoff; KPMG Unites Deals and Other Deals | 10.27.23

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. They also expressed doubt IRS would deliver on its promise to not increase audits on those making less than $400,000 per year, promising to hold IRS Commissioner Danny Werfel accountable. “My

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Friday Footnotes: EY Cancels Christmas; A Very Sucky PwC Report; Should We Tax Robots? | 12.23.22

Going Concern

We will be out of office next week but have scheduled some things to run while we’re gone for those individuals who are severely addicted to accounting shitposts and simply cannot go without. The average British worker’s pay in 2023 is expected to fall back to 2006 levels once inflation is taken into account, according to PwC.

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