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Sales tax ‘responsible party’ laws still going strong

TaxConnex

But not for sales tax liability, where most states still maintain strong responsible party laws. And they can come as a real shock: CEOs, CFOs, directors and other execs can be held personally responsible for sales tax shortfalls. That’s true for many of the fiscal messes that can befall a company. How do they know who’s responsible?

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Georgia CPAs Advocate for Profession at State Capitol

CPA Practice

More than 100 members of The Georgia Society of Certified Public Accountants (GSCPA) recently met at the state Capitol to share their thoughts on important issues facing the accounting profession with their elected officials. Chairman David Knight and each member of the Georgia CPA Caucus: Chairman John Carson, Rep.

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How Are Public Accounting Salaries Stacking Up For 2023? (Part 4, Hays U.S.)

Going Concern

The latest group of fortune tellers gazing into crystal balls to figure out what accounting salaries will be like next year are from the recruitment firm Hays U.S. In its 2023 salary guide , Hays provides salary ranges for accounting and finance jobs in nine states, plus the District of Columbia. Georgia: $50,000-$75,000.

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Atlanta Businessman Sentenced to 5 Years for Bribery and Tax Evasion

CPA Practice

million in taxes. According to court documents, Lohrasb “Jeff” Jafari, 72, of Alpharetta, Georgia, was the executive vice president of PRAD Group, an architectural, design, and construction management firm headquartered in Atlanta that performed services for the City of Atlanta and DeKalb County. million in taxes. Polite, Jr.

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10 Best States to Pursue a Career in Accounting

CPA Practice

By Erin Bendig, Kiplinger Consumer News Service (TNS) Thinking of pursuing a career in finance? In a recent study, Tipalti found which states were the best to pursue a career in finance or accounting by analyzing the number of jobs available, average salaries, and university rankings. Finance Career Score /10: 9.65 2.

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Clean Energy and Climate Action Offer Tax Benefits

CPA Practice

One of the topics the minds of many tax and accounting professionals is the environment. In addition, tax incentives are a primary tool in the Act to encourage energy innovation. The Act: Extends and modifies the Production Tax Credit and Investment Tax Credit for renewable energy. By Diana Crawford, CPA.

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Monday Morning Accounting News Brief: AI Will Save Your Job?; Compliance Gets Some Pipeline Blame | 12.18.23

Going Concern

Hope you all are getting some good rest and merriment in the coming days, we’ll be on a low posting schedule next week with a few new things here and there should you be one of those weirdos who reads accounting news on holidays. Big Four Accounting Firms Overhired. The accounting firm is laying off dozens of U.S.

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