Going Concern

JULY 28, 2025

Brief programming note: I’ll be in Chicago this weekend for an American Accounting Association panel thingy, will probably have some free time on Sunday if you’re at the annual meeting and want to fulfill your wish of putting Going Concern stickers on your stuff. Welcome to the club, Alaska. It bounced again. What a mess.

CPA

Accounting Today

JUNE 9, 2025

While Republicans are generally in favor of new work requirements for able-bodied adults to be insured by Medicaid, some moderates like Senator Lisa Murkowski of Alaska have expressed concern over giving states just a year and a half to implement the requirement. All rights reserved.

Tax

CPA Practice

OCTOBER 22, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions. million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

payroll

Accounting Today

JUNE 24, 2025

Democrats are challenging more portions of the Senates bill including measures that would mandate oil and gas lease sales in Alaskas National Petroleum Reserve. By Paige Hagy 2h ago Accounting ACFE hosts fraud fighters The Association of Certified Fraud Examiners presented awards during its global fraud conference in Nashville.

Sales

ThomsonReuters

JULY 14, 2025

Lease sales: Expands the ability of oil and gas companies to obtain leases for drilling on public land in states such as Alaska, Colorado, Montana, New Mexico, Nevada, and North Dakota, as well as U.S.-controlled Clean fuel credit extension: Extends credits for clean fuel production until 2030. controlled waters in the Gulf of Mexico.

North Carolina

TaxConnex

JULY 30, 2024

Additional complexities: The five NOMAD states – New Hampshire, Oregon, Montana, Alaska and Delaware – do not have a statewide sales tax. And though it doesn’t have statewide sales tax – yet – Alaska has several communities joining to charge sales tax.

South Dakota

TaxConnex

AUGUST 27, 2024

Many states include home-rule jurisdiction adjustments, but some of the more confusing ones are Alaska, Louisiana, and Colorado, among others. General Accounting Office’s 2022 report on remote selling. One of the tougher states Colorado has always been one of the more difficult states when it comes to managing sales tax.

Colorado

TaxConnex

JUNE 20, 2023

Thresholds were established, filing forms and deadlines fixed and one by one states waited for the money to roll in (with Florida and Missouri among the latest of the 45, with Alaska perhaps soon to join them). In 2021, the Government Accountability Office estimated nationwide remote sales tax collections to be about $30 billion.

South Dakota

TaxConnex

SEPTEMBER 26, 2023

Examples of states with home rule are Alabama, Louisiana, Illinois, Colorado and Alaska. Even though the marketplace is collecting and remitting the tax on their platform, these sales need to be accounted for to determine whether you’ve reached economic nexus thresholds. Yet again, this can vary.

Sales

TaxConnex

APRIL 6, 2021

The Alaska Remote Seller Sales Tax Commission has approved its “Remote Seller Sales Tax Code & Common Definitions” that would apply to local municipalities in Alaska that choose to adopt it. Online sales tax revenues have accounted for about 66.4 Here’s a review of some of the recent changes and updates.

West Virginia

TaxConnex

MAY 24, 2022

1, and Alaska is working hard on the concept. Some companies can use native solutions within their accounting software or shopping cart; plug-ins solutions can also integrate into the shopping cart or the invoicing system to facilitate the calculation. Such revenue is hard for tax jurisdictions to ignore. now have economic nexus laws.

South Dakota

TaxConnex

JANUARY 27, 2022

In Alaska , which has no state sales tax, communities continue to band together to enforce economic nexus and sales tax collection at the local level.) year over year – later even predicting a big decline to account for “the shock” from pandemic lockdowns. When retailers pivoted to online operations, though, 2020 e-sales grew 3.4%.

Sales

TaxConnex

JUNE 9, 2022

Early discussions bandied property taxes and temporary hikes in sales tax (Alaska doesn’t have a state-wide one). 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. Then the $6.2 Time for a renovation?

Sales

TaxConnex

FEBRUARY 10, 2022

Some states — notably Alabama, Colorado, Louisiana, Alaska, among others — empower municipalities and other jurisdictions to levy sales taxes. Notices may arrive in the mail, show up in your email inbox or simply be posted to your account on the tax jurisdiction’s website. Some states will also ask for copies of driver’s licenses.

Sales

CPA Practice

OCTOBER 4, 2024

For the 2025 tax filing season, Direct File will also be available in Alaska, Connecticut, Idaho, Kansas, Maine, Maryland, New Jersey, New Mexico, North Carolina, Oregon, Pennsylvania and Wisconsin. In 2025, more than 30 million taxpayers in those 24 states will be eligible to use Direct File.

Alaska

CPA Practice

FEBRUARY 8, 2024

Please provide a copy of your EFIN Account Summary from IRS e-Services, with a status of ‘Completed’, to Software B for verification. Sign in to your IRS e-Services account 2. Alaska │7 a.m. Alaska │8 a.m. Alaska │9 a.m. Alaska │10 a.m. Alaska │10 a.m. To send us your EFIN Summary document: 1.

Hawaii

CPA Practice

APRIL 9, 2024

As accountants and CPAs, dealing with payroll taxes is essential to managing finances for your business clients. As an accountant or CPA, you play a vital role in: Calculating and withholding taxes correctly. Your client will be assigned an employer tax account number for the state. By Nellie Akalp.

payroll tax

MyIRSRelief

MAY 24, 2023

When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements. CPAs are qualified to provide a wide range of accounting, tax, and consulting services.

North Carolina

TaxConnex

FEBRUARY 16, 2023

Our company is highly acquisitive and this results in lack of consistency when it comes to billing, accounting and reporting,” said one survey respondent. More than half of respondents (58%) use internal resources or their existing accounting system to try to manage their compliance obligations. Manual, cumbersome processes.

Sales

Going Concern

APRIL 1, 2024

Business Insider wrote about the accountant shortage, specifically Tupperware griping in regulatory filings that it can’t find enough people (again): The accountant shortage is so bad that companies are delaying filing key mandatory reports. A lot of this work that we’re doing is, I’d call it forensic accounting,” Cipriano said.

accountant

TaxConnex

FEBRUARY 23, 2021

In Alaska, municipalities are steadily banding together to impose their own sales tax in a state that doesn’t have one. So far, other evidence of tax jurisdictions’ ramping up audits remains anecdotal , but municipalities are certainly getting more curious about online sales taxes.

audit

MyIRSRelief

MAY 24, 2023

When to Seek Help from a Certified Public Accountant A certified public accountant (CPA) is a licensed professional who has met certain education, experience, and examination requirements. CPAs are qualified to provide a wide range of accounting, tax, and consulting services.

North Carolina

CPA Practice

OCTOBER 2, 2023

These areas include: Taxpayers affected by flooding in Illinois and Alaska. The IRS Online Account feature provides information to help taxpayers file an accurate return including AGI amounts from last year’s return, estimated tax payment amounts and refunds applied as a credit. They have until Oct. 31, 2023, to file. IRS Direct Pay.

South Carolina

PYMNTS

AUGUST 14, 2020

Initially, the loans are available in the following states via the waitlist: Alaska, Arkansas, Connecticut, Florida, Georgia, Illinois, Massachusetts, New Hampshire, New Jersey, North Carolina, Oregon, Texas, Virginia, Nebraska, Utah, Wisconsin and Wyoming.

North Carolina

CPA Practice

OCTOBER 16, 2023

These areas include: Taxpayers affected by flooding in Illinois and Alaska. The IRS Online Account feature provides information to help taxpayers file an accurate return including AGI amounts from last year’s return, estimated tax payment amounts and refunds applied as a credit. They have until Oct. 31, 2023, to file. IRS Direct Pay.

South Carolina

CPA Practice

AUGUST 26, 2024

For too long, accountants and their clients have been operating out of alignment. Collaborative Accounting is the path, and this eBook will start you on your journey. Do you want more time for the deeper advisory work that matters to you and to your clients but aren’t sure how to get there?

Rhode Island

CPA Practice

JULY 12, 2023

In Alaska, New Jersey, and Pennsylvania, both employers and employees contribute to the fund, with the employee’s portion of SUI deducted from their paychecks. They need EINs to set up an account with the unemployment office to file and remit SUI taxes. In all but three states, only employers contribute to SUI. What is SIT Tax?

income tax

ThomsonReuters

FEBRUARY 15, 2022

Alaska’s minimum wage rate did not change from $10.34 The Urban Alaska CPI-U decreased by 1.1% The Urban Alaska CPI-U decreased by 1.1% According to the Alaska Department of Labor and Workforce Development, because there was no inflation in 2020, the minimum wage rate remains unchanged in 2022.

payroll

TaxConnex

JUNE 22, 2023

Government Accountability Office. Of the 45 states with a statewide sales tax, the most recent to institute economic nexus were Florida and Missouri ( NOMAD state Alaska might join them soon). States have generated $30 billion in sales tax take from remote sellers in just one recent year, according to the U.S.

South Dakota

CPA Practice

OCTOBER 23, 2024

See how top accounting firms have reduced Days Sales Outstanding (DSO) and saved time by modernizing their payment workflow. Discover time-tested tips for accelerating your Accounts Receivable (A/R) cycle and getting paid faster. Learn exactly where and how to automate your client touchpoints to improve relationships quickly.

Rhode Island

PYMNTS

NOVEMBER 3, 2020

With the approval in Alabama, CORO is now available in the Apple App Store and Google Play store to residents in 13 states: Florida, Alabama, Arizona, Arkansas, Alaska, Delaware, Idaho, Montana, Massachusetts, Oregon, South Carolina, Washington State and Wisconsin. App users can trade in U.S.

Alabama

ThomsonReuters

JUNE 23, 2022

The state process applies in four states (Alaska, Georgia, Maine, and Michigan). The post HHS Chart Summarizes Applicability of State and Other Surprise Billing IDR Processes appeared first on Tax & Accounting Blog Posts by Thomson Reuters. The federal IDR process applies in most states and all U.S. territories.

Alaska

PYMNTS

OCTOBER 29, 2020

Unemployment numbers don't take into account the people who have simply stopped looking for a job. Comparatively, in 2019, the total number of people filing for benefits was 1.4 During the week ending Oct.

Rhode Island

CPA Practice

JUNE 13, 2023

With 46 states, parts of Alaska, and the District of Columbia enforcing online sales tax laws with different thresholds and rules, it’s clear that the complexity for businesses selling across channels and into multiple jurisdictions can mount quickly. As a result, 49% of U.S.

Technology

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

CPA Practice

JANUARY 17, 2024

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.

North Dakota

MyIRSRelief

JULY 3, 2023

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

audit