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New National Research on CPA Pipeline Challenges Underway

CPA Practice

The Illinois CPA Society (ICPAS), in partnership with the Center for Accounting Transformation (the Center) and a coalition of other stakeholders, is launching a new, national survey to gain fresh insight into what’s driving the decline in individuals pursuing the certified public accountant (CPA) credential.

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The Benefits of Delayed Business Filings

CPA Practice

Timing is Everything In the complex world of small business finance and accounting, the strategic timing of business filings can be a game-changer. Your clients may want to delay the incorporation process until the new year for several good reasons.

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A List of the 10 Worst Property Taxes By States

LyfeAccounting

Rhode Island. The top 10 on the list of states with the worst tax rates is Rhode Island. Rhode Island is the smallest state in the United States, but that’s not the case when it comes to its property taxes. So let’s move away from New York, literally, and move on to the next one. New Jersey.

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Being the CFO Your Client Needs

PANALITIX

In a recent webinar, Panalitix CEO Mark Ferris discussed how accountants can offer more strategic (CFO-type) services. Accountants raised great points before and during the event. From an accountant in Minneapolis, USA). This is in addition to their oversight of matters of compliance, accounting and tax). Absolutely!

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Legal analysis: Implications of state tax exclusion of overtime wages for employers and employees

ThomsonReuters

New Jersey’s proposal ( Assembly Bill 2621 ), provides no sunset date, unlike the Alabama law, while Rhode Island ( Senate Bill 2568 ) provides the exclusion for the 2025 and 2026 tax years in its proposal. The bill is currently under review with the House Finance Committee. Pitfalls of state tax proposals.

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LLC Costs: How Much Does it Really Cost to Start an LLC in 2021?

LyfeAccounting

In Arizona, it’s $50, Nevada $75, Georgia $100, New Jersey $125, and in Alabama, it’s $200. There are some more expensive states like Rhode Island with an annual fee of $450 or California being the highest of them at $800 per year in annual LLC fees. Our expert accounting consultants will be happy to help!

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How Small Retailers Can Handle Sales Tax on Shipping: State-by-State Guide

CPA Practice

New Jersey : Most charges associated with the shipping, handling, and delivery of taxable goods are subject to New Jersey sales tax, although delivery and handling charges for exempt sales are generally exempt. Charges for freight or transportation before the sale of tangible personal property (i.e.,

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