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On the move: MassCPAs hosts annual leadership program

Accounting Today

CALIFORNIA Adam Blaylock Rob Thomas Adam Blaylock was named the new office managing partner in San Jose at EY, where he has worked for 25 years and will continue to serve in his previous role of partner in the financial accounting advisory services practice and leader for the technology, media and entertainment, and telecommunications sector.

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The accountant’s guide to state taxes on retirement income

ThomsonReuters

As an accountant, understanding state tax considerations for various sources of retirement income — including pensions, Social Security benefits, 401(k) and IRA distributions, Thrift Savings Plans (TSPs), and military retirement income — is crucial in helping your clients minimize their tax liability and make the most of their golden years.

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How the 50 States Rank By Lifetime Taxes

CPA Practice

Taxpayers in Washington will pay the most on everyday expenses ($83,014), followed by those in California ($78,191), accounting for food, clothing, personal care, and entertainment. North Carolina $1,381,529 $450,446 32.6% North Dakota $1,523,518 $422,314 27.7% South Dakota $1,390,105 $380,130 27.3%