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Sales tax and accounting services

TaxConnex

It’s that time of year again when everyone suddenly thinks about preparing their income taxes. But does tax preparation incur sales taxes – and if it does, where and how? For some 90 years, states have levied sales tax on goods (West Virginia was the first to do so , in 1921).

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Prager Metis Merges in Goldsmith Molis & Gray

CPA Practice

Top 60 accounting firm Prager Metis has expanded its presence in North Carolina by combining with Asheville-based Goldsmith Molis & Gray, a full-service tax, accounting, payroll, and consulting firm. offices in California, Connecticut, Florida, Massachusetts, Nevada, New Jersey, New York, and Virginia.

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RCReports Releases New Entity Selection Planning Tool

CPA Practice

RCReports has introduced its new Entity Selection Planning Tool to support accounting and tax professionals in the process of choosing the appropriate entity type for their business clients based on their ownership structure, performance, and goals.

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NYU School of Professional Studies Presents 42nd Annual Institute on State and Local Taxation on December 11-12 in NYC

CPA Practice

In addition, what re the tax accounting considerations of the insured? Best Practices in Sales and Use Tax Compliance The use of shared service centers, AI, and other technologies have become the standard in sales and use tax compliance. Participants qualify for CPE and CLE credits. What’s Happening Everywhere Today?

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Last Week in Payroll: Summertime Tax Tips

ThomsonReuters

Connecticut Governor Ned Lamont has announced the Back to Work CT Program. The program provides an incentive for long-term unemployed people in Connecticut to return to the workforce. The program is administered by the Connecticut Department of Revenue Services (DRS) with the Connecticut Department of Labor (DOL).

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Last Week in Payroll: Repaying Deferred Social Security Taxes

ThomsonReuters

Connecticut legislation would allow student athletes to earn compensation through an endorsement contract or employment in an activity unrelated to any intercollegiate athletic program. COVID-19 related claims filed between March 14, 2021, through July 3, 2021, will not be charged against employer accounts. . Learn more.

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