Going Concern

APRIL 6, 2022

With the ongoing Great Resignation across all industries and the critical pipeline problem contributing to a shortage of accountants , the profession is in a bit of trouble. Let’s start with the salary guide to beat all salary guides: the 2022 Accounting & Finance Salary Guide from Robert Half. Senior tax accountant: 1.4%.

accountant salary 57

accountant salary Account accountant accounted 57

CPA Practice

MARCH 7, 2023

The Uniform Certified Public Accountant Examination (CPA Exam) is regularly updated to reflect enhancements to accounting and auditing standards as well as tax laws and regulations — and to improve the efficiency of the exam. What do the 2024 CPA Exam changes mean for accounting practices? You have to sell them.”

Technology 137

Technology CPA cpas audit 137

TaxConnex

JUNE 9, 2022

Voters will likely be asked this fall if they’re willing to increase the city’s 5% sales tax to 6% during the summer in exchange for exempting food from sales tax year-round. accountable for not collecting an appropriate amount of sales tax on the promotional gift cards given with certain purchases. Time for a renovation?

Sales 195

Sales Tax Colorado Massachusetts 195

Going Concern

SEPTEMBER 15, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Happy National Leave Your Accountant the F**k Alone Day , everyone! The Public Company Accounting Oversight Board (PCAOB) will hold an open meeting on Tuesday, September 19, 2023, at 10:00 a.m.

audit 108

audit Colorado CPA Texas 108

ThomsonReuters

FEBRUARY 1, 2021

These states include California, Illinois, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, and Texas, which are all states ranked among those with the largest economies in the country. If these loans are not repaid in 2022, up to 18 states could become FUTA credit reduction states for that tax year. states and the U.S.

Hawaii 89

Hawaii Nevada California New Jersey 89

ThomsonReuters

MARCH 22, 2021

Recent Arkansas legislation says that benefits will not be charged against the unemployment tax account of an employer starting with the week ending April 4, 2020 if the benefits paid are a direct result of the Arkansas Governor declaring a disaster emergency or a disaster resulting in a state or federal disaster declaration.

payroll 52

payroll Tax Arkansas Texas 52

ThomsonReuters

JUNE 21, 2021

COVID-19 related claims filed between March 14, 2021, through July 3, 2021, will not be charged against employer accounts. . Unemployment tax rates set at pre-COVID-19 levels. . The Texas Workforce Commission (TWC) has announced ?that Unemployment accounts not chargeable for unemployment benefits. . Learn more.

payroll 52

payroll Tax Missouri Massachusetts 52

xendoo

JANUARY 16, 2023

Tax rate Single individual income Married (filing jointly) income 10% $10,275 or less $20,550 or less 22% $41,775 $83,550 24% $89,075 $178,150 32% $170,050 $340,100 35% $215,950 $431,900 Updates to Small Business Tax Rates The IRS updates small business tax rates yearly to account for inflation or other economic changes.

business tax 52

business tax Tax income tax payroll tax 52

Withum

NOVEMBER 17, 2022

For example, common states where people move to reduce state taxes are Florida, Texas, Wyoming, and Nevada. Consider increasing the amount you set aside for next year in your employer’s health flexible spending account (FSA). Tax-Advantaged Accounts. million per individual lifetime exemption in 2022, or $24.12

tax planning 98

tax planning Tax Construction income tax 98

TaxConnex

MARCH 2, 2021

Taxpayers who participate in the program also will be given penalty relief for any non-compliance for past due returns that were not filed and taxes that were not paid. Texas sales tax collections totaled $3.07 Total sales tax collections for the three months ending in January 2021 was down 3.9% less than in January 2020.

Sales 232

Sales Tax Missouri Wisconsin 232