ThomsonReuters

APRIL 25, 2024

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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Going Concern

JANUARY 29, 2024

Accounting Ranks First In Something Good For Once More 2. We are in the midst of a transformation, if not a revolution, whereby the role of an “accountant” is no longer confined to ledgers and balance sheets, but extends to realms previously unimagined. To No One’s Surprise Except the AICPA’s, AICPA Membership Is Falling 4.

auditor 52

auditor cpa firm Account accountant 52

Going Concern

AUGUST 11, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Accounting and advisory firm Grant Thornton trimmed about 3% of its ranks in June. What drew you to the field of accounting?

Account 88

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CPA Practice

APRIL 19, 2024

Online marketplace sales are expected to exceed $603 billion in the United States in 2027, or nearly 35% of all U.S. By 2027, marketplaces may account for 59% of ecommerce globally. These five guiding principles can help marketplace facilitators get sales tax compliance right no matter what states throw their way.

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ThomsonReuters

OCTOBER 20, 2020

In some states, for example, a single employee working in the state can trigger sales and use tax collection obligations for their employer, even if the company does not have any other physical presence in the state and its sales into the state do not trigger dollar or volume thresholds that would otherwise necessitate collection.

South Dakota 40

South Dakota Sales Tax Rhode Island 40

CPA Practice

APRIL 10, 2023

We talk a lot about how complicated sales tax compliance is at the Avalara Tax Desk, and it is. This is because there are a myriad of state and/or local lodging tax requirements on top of (or in place of) state and/or local sales taxes on accommodations. New York state/local sales tax and the state’s $1.50

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PYMNTS

OCTOBER 16, 2020

In today’s top news, Americans are struggling as savings accounts run dry, and several states are preparing their own antitrust probe into Google. billion in Prime Day sales. Seven months into the worldwide pandemic, Americans are facing empty savings accounts, reduced unemployment benefits and no relief in sight, according to an Oct.

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PYMNTS

SEPTEMBER 19, 2016

Those bogus bank accounts Wells Fargo allegedly opened are looking mighty expensive for the company. Wells Fargo is now at the center of a class-action lawsuit stemming from the sham accounts scandal. The scandal hinges on the bank opening some 2 million accounts without customers’ approval or knowledge, all to hit sales targets.

Utah 70

Utah Sales Account accountant 70

PYMNTS

JANUARY 25, 2021

In the world of business, where the quest for profits, sales growth and the next big thing is never ending, here’s something you don’t hear every day. “I There's no Airbnb in Arches [National Park in Utah],” he said, noting that the average 8-day Outdoorsy RV rental was about 3.5 So I say, wait a minute, 2.3

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Utah Sales Account accountant 139

PYMNTS

SEPTEMBER 18, 2020

The startup, based in Utah, said it plans to focus on its next phase of growth, with plans to push deeper into particular industries including the insurance, healthcare and human resources arenas. million for the Brazilian company, which offers businesses an accounts receivable (AR) and invoicing technology.

B2B 90

B2B Utah Healthcare Technology 90

PYMNTS

JULY 14, 2020

Installment credit at the digital point of sale has been gathering steam among investors, consumers and providers for the last few years, long before pandemic frugality was a thing. In addition to its core POS lending business, Affirm branched out into financial services in June, debuting a high-yield savings account called Affirm Savings.

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Utah accounting and finance Sales New York 52

PYMNTS

OCTOBER 3, 2016

presidential candidate Hillary Clinton promised that Wells Fargo will be held accountable for its recent scandal and what she described as the bank’s “egregious corporate behavior.”. “We are not going to let companies like Wells Fargo use these fine-print gotchas to escape accountability,” Clinton stated. Democratic U.S.

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Utah Ohio Sales Account 67

ThomsonReuters

JUNE 22, 2021

.” There must also be a “bona fide economic reason,” which is defined to mean “the full or partial closing of operations or technological or organizational changes to the business in response to the reduction in volume of production, sales, or profit.” per hour on July 1. . South Dakota. West Virginia.

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PYMNTS

APRIL 17, 2018

PayPal has inked a deal with point-of-sale (POS) company ebizmarts to help retailers offer both POS and digital payments. In addition, employers can directly deposit their wages into accounts, while debit cards can withdraw cash at ATMs.

Utah 40

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PYMNTS

AUGUST 12, 2020

Louisiana jewelry store owner Nora Buttross told a local ABC affiliate that it’s an outgrowth of the stimulus dollars that hit consumers’ bank accounts earlier this year. They want that Manhattan property, but also that getaway in Park City [Utah].” The relief-package checks are making a difference,” she said. “I

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PYMNTS

SEPTEMBER 20, 2016

Wells Fargo has been accused of opening some 2 million bogus accounts without customers’ approval or knowledge, all to hit sales targets. The bank agreed to pay a $185 million settlement for the regulatory charges and is now at the center of a class-action lawsuit stemming from the sham accounts scandal. . 16) in the U.S.

Utah 64

Utah Sales Account accountant 64

LyfeAccounting

JUNE 25, 2021

In a number of different ways, they can increase their revenue through sales taxes, property taxes, and other taxes. Not to mention all of the other taxes you pay – like sales tax, local taxes, property taxes, medicare taxes, social security taxes, and so on. But wait a minute… how are states funding things without state taxes?

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inDinero Tax Tips

APRIL 26, 2023

These include banks or thrift institutions that use the reserve method of accounting for bad debts, domestic and international sales corporations, and some insurance companies subject to tax. Furthermore, the business is allowed to have only one class of stock. Certain types of businesses are ineligible to file for this election.

Tax 52

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Snyder

JUNE 9, 2022

States with flat income tax : Colorado Illinois Indiana Kentucky Massachusetts Michigan North Carolina Pennsylvania Utah. Note: Even though these are states with no income tax, they usually make up for lost revenue through the other types of taxes (sales taxes, property taxes, etc.). Step 1: Collect accounting records.

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PYMNTS

DECEMBER 5, 2016

After finding the extortionist’s email account and guessing the secret question, the anonymous white hat hacker was able to reset the email password and retrieve a whole host of documentation of other recent scams. According a report to be released by the Government Accountability Office (GAO), the U.S.

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Transportation Utah Education Government 53

Summit CPA

SEPTEMBER 28, 2023

So he's been he's worked on your account a lot. So we were already thinking in those terms and our sales language, even though it didn't have the new logo at the top, the way we were talking about ourselves was already starting to evolve towards that. And so for you, it's always been Adam Hale. So it was one of our partners.

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