Shay CPA

JANUARY 22, 2025

An Alabama judge also marked it as potentially unconstitutional in March 2024, but didnt go as far as issuing an injunction that applied nationally.) The judge ruled that the Corporate Transparency Act (CTA), which BOI reporting falls under, was likely unconstitutional. This wasnt the first time the BOI requirement ran into trouble.

Texas 52

Texas Legal Alabama CPA 52

TaxConnex

JULY 10, 2025

Backpacks, writing instruments, notebooks and the like are sales tax-free in Alabama (some clothing up to $100 per item, computers and related supplies up to $750, books up to $30, general supplies up to $50 per item, July 18-20); Arkansas Aug. Here’s an overview: General: Massachusetts (most TPP up to $2,500 per item) Aug.

West Virginia 147

West Virginia Sales Virginia Mississippi 147

Going Concern

JUNE 20, 2025

If you have something to say about any stories linked here you are welcome to email the editor , text us at 202-505-8885, or hit us up on Twitter @going_concern.

auditor 58

auditor accounting firms Technology accountant 58

TaxConnex

NOVEMBER 26, 2024

The states are Alabama, Arkansas, Hawaii, Idaho, Illinois, Kansas, Mississippi, Missouri, South Dakota, Tennessee and Utah. Most of the food The turkey you cook at home, the seasoned bread cubes and the potatoes and the canned pie filling: Groceries are pretty much the simple part for sales tax and Turkey Day.

Sales 130

Sales South Dakota Tax Idaho 130

Accounting Today

JULY 10, 2025

Mobile, Alabama: Tax preparer Kenneshia Davis has been sentenced to a year and a day in prison for filing fraudulent returns. Birmingham, Alabama: Tax preparer Geta Barr has been sentenced to 18 months in prison for preparing false returns for clients. According to the IRS, the payroll taxes due on the wages totaled $2,048,182.

Tax 75

Tax tax preparation income tax Technology 75

TaxConnex

MARCH 6, 2025

States that still tax groceries at either full or reduced rates include Alabama, Arkansas, Hawaii, Idaho, Illinois, Kansas, Mississippi, Missouri, South Dakota, Tennessee and Utah. Pre-packaged food such as canned drinks, bottled beverages, packaged snacks, frozen meals and canned products can also be groceries for purposes of sales tax.

Sales 130

Sales South Dakota Tax Mississippi 130

Accounting Today

JUNE 13, 2025

ALABAMA Ashley Taylor Ashley Taylor, a principal in the business valuation & litigation consulting group at Jackson Thornton, Montgomery, was elected chairperson of the NACVA Litigation Forensics Board.

Technology 45

Technology cpas New York Indiana 45

Going Concern

OCTOBER 25, 2024

Other accounting firms in the Top 10 Best Overall Internships are Texas-based Weaver, Alabama-based BMSS, and Wisconsin-based Wipfli. Interns at PKF O’Connor Davies were especially satisfied with their Quality of Life and Compensation.

accounting and finance 58

accounting and finance audit Florida New York 58

Accounting Today

JULY 18, 2025

ALABAMA Machen McChesney, Auburn, promoted: Emma Farris to manager, Mary Elizabeth Bond to supervisor, and Ally Bean, Cole Dewberry and Keeley Leisure to senior accountants. relocate offices; and more news from across the profession. CALIFORNIA Daniel Zaninovich was hired as a commercial real estate partner at CohnReznick, Los Angeles.

Indiana 64

Indiana Technology Real Estate New Jersey 64

Going Concern

APRIL 4, 2025

Brown has attempted to recruit CPAs to Huntsville but finds that many professionals are drawn to larger cities like Nashville or Atlanta, unaware of the opportunities in North Alabama. Fewer people seem to be going into accounting because the degree sometimes takes longer, or they do not want to work the busy season schedule, Brown said.

Tax 52

Tax cpas Gaming Alabama 52

Accounting Today

JUNE 25, 2025

In 2023, RubinBrown merged in KnowledgePath Consulting in Birmingham, Alabama. This combination is a powerful reflection of our dedication to providing the highest level of client service." In 2022, it added Himes Consulting Group and JMW & Associates in Overland Park, Kansas. In 2021, it added Liberty Technology Advisors.

Technology 59

Technology tax preparation corporation tax audit 59

Going Concern

JULY 7, 2025

The Government Accountability Office discovered a little billing issue related to non-government space launches : As the Defense Department ramps up national security space launches, it could soon start collecting millions more dollars from commercial launch providers — including two with significant operations in north Alabama.

Real Estate 63

Real Estate accountant accounted Account 63

Dent Moses

JUNE 18, 2025

Under current Alabama law, overtime compensation paid to nonexempt employees in accordance with the Fair Labor Standards Act (FLSA) is exempt from state income tax. Next Steps Effective July 1, 2025, employers will be required to resume withholding Alabama state income tax on overtime wages paid to nonexempt employees.

Alabama 52

Alabama income tax Tax payroll 52

Dent Moses

JULY 16, 2025

Alabama offers a similar option. Individuals who can demonstrate a hardship or lack of access to banking services may be allowed to request a waiver, although efforts would be made to help them adopt accessible electronic options. For estimated tax payments, consider switching to IRS direct pay.

Alabama 52

Alabama Government Tax Construction 52

CPA Practice

OCTOBER 22, 2024

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payroll 52

payroll Rhode Island West Virginia South Dakota 52

Dent Moses

JULY 19, 2022

Effective in 2022, an Alabama taxpayer may claim up to 100% of the individual’s Alabama tax liability for contributions made to an SGO, not to exceed $100,000 per year. Prior to the 2022 amendment, the credit was limited to 50% of the taxpayer’s Alabama tax liability with a cap of $50,000. Why is this beneficial?

Alabama 98

Alabama income tax Tax tax return 98

CPA Practice

JANUARY 16, 2024

The Alabama Society of CPAs was formed in 1919 and adopted its recent bylaws on June 25, 1975, with the last revision completed on March 1, 2018. The Alabama Society of CPAs like many other societies, has been impacted by the Covid-19 pandemic. The ASCPA also has an educational foundation.

Alabama 111

Alabama cpas CPA Education 111

PYMNTS

MAY 31, 2020

After Alabama reopened on May 1, the state has seen coronavirus cases surge by 300 percent month over month, with intensive care units (ICUs) at less than 4 percent capacity remaining and medical workers “exhausted physically and mentally,” Montgomery Mayor Steven Reed said on CNBC.

Alabama 137

Alabama Georgia 137

TaxConnex

SEPTEMBER 10, 2024

The lowest state-level sales tax (aside from the NOMADs) is in Colorado, Alabama, Georgia, Hawaii, New York and Wyoming. But local sales taxes crop up in 38 states, according to the Tax Foundation , which adds that the five states with the highest average local sales tax rates are Alabama, Louisiana, Colorado and Oklahoma.

Rhode Island 264

Rhode Island Sales Alaska New Hampshire 264

TaxConnex

MARCH 31, 2022

One quick explanation of the difference is an example from Alabama : The consumers use tax is imposed on tangible personal property brought into Alabama for storage, use, or consumption in the state when the seller did not collect seller’s use tax on the sale of the property.

Alabama 246

Alabama Tax Washington California 246

TaxConnex

SEPTEMBER 14, 2021

Alabama has ruled that IT services provided from out of state are not subject to sales tax. In the case in question, the foreign company provided an IT system remotely to an Alabama production plant. Alabama also issued guidance regarding compliance for marketplace facilitators in the state. State Updates. Alaska Gov.

Sales 245

Sales Alabama Tax Alaska 245

TaxConnex

DECEMBER 7, 2021

Montgomery, Alabama: Two convenience store operators have pleaded guilty to failing to pay sales taxes. Simon Njuku, 45, of Irondale, Alabama, and Mehryar Nasseri, 44, of New Market, Alabama, each admitted to routinely underreporting their stores’ gross sales to reduce their tax bill. An inconvenient truth.

Alabama 246

Alabama New York tax return Sales 246

PYMNTS

NOVEMBER 3, 2020

The company – and its gold trading app – just expanded its reach in the United States with the addition of a license to operate in Alabama. The Alabama Securities Commission on Tuesday (Nov. The future is looking a bit more golden for CORO Global. App users can trade in U.S.

Alabama 93

Alabama South Carolina Montana Idaho 93

Patriot Software

MARCH 6, 2024

Understand the new Alabama overtime tax law that exempts employees' overtime earnings from state income tax. Get the details and reporting requirements for businesses. Read More

Alabama 105

Alabama Tax income tax payroll tax 105

Cherry Bekaert

MAY 10, 2023

Alabama and Mississippi are two of the latest states to create new state tax credits and extend existing state tax credits. Alabama Extends and Expands Incentives Programs, and Enacts Tax Credit Opportunities The Alabama Jobs Act (AJA) provides a 1.5%

Mississippi 98

Mississippi Alabama Tax income tax 98

TaxConnex

JULY 20, 2021

Alabama on the other hand, has a unified tax base, meaning localities cannot make their own choices about what to tax and what to exempt, but many local governments handle their own tax administration. (And Louisiana has similarly established a commission for remote sellers to serve as a single collection entity.

Sales 245

Sales Alaska Louisiana Alabama 245

TaxConnex

MARCH 21, 2024

The Foundation found that the five states with the highest average combined state and local sales tax rates are Louisiana (9.56%), Tennessee (9.55%), Arkansas (9.45%), Washington (9.38%) and Alabama (9.29%). Corporate Transparency Act (CTA) has hit a snag: A U.S. Though the U.S.

South Carolina 264

South Carolina Sales Tax Alabama 264

TaxConnex

SEPTEMBER 26, 2023

Examples of states with home rule are Alabama, Louisiana, Illinois, Colorado and Alaska. In Alabama, the unified tax base means localities can’t make choices on what’s taxed and exempt. For TPP, where did possession take place? This applies in states where local jurisdictions have the authority to establish their own sales tax rules.

Sales 264

Sales Tax South Dakota Colorado 264

TaxConnex

MAY 7, 2024

A bill that would raise the online sales tax in Alabama is progressing with state lawmakers. The current Alabama sales tax is 8% for online purchases, the same as for purchases at the state’s brick-and-mortar stores. There’s always something changing in the world of tax, especially sales tax. Leveling the field.

Rhode Island 264

Rhode Island Sales Tax South Carolina 264

CPA Practice

FEBRUARY 24, 2025

A total of 200,000 postage stamps worth $146,000 from Hong Kong were seized after an inspection determined the stamps were fake, according to a Feb. 21 CBP news release.

Alabama 115

Alabama 115

TaxConnex

AUGUST 15, 2024

Alabama retains a tax to support veterans – of the Confederate Army. Virginia charges half a buck a sheep to benefit the state’s ovine industry. Pennsylvania’s Malt Beverage and Liquor tax is still on the books to help victims of the Johnstown Flood, which occurred 88 years ago.

Sales 264

Sales South Dakota South Carolina Tax 264

TaxConnex

APRIL 9, 2024

Vitamin and supplement labels can also have “drug facts” that would likely trigger tax as a prescription or nonprescription drug – though if prescribed by a physician vitamins and supplements are exempt from sales tax in Alabama, Indiana, Iowa, Maine, and possibly Hawaii.

Sales 264

Sales West Virginia Tax Virginia 264

TaxConnex

JUNE 1, 2021

Some states, such as Alabama, Mississippi and Wyoming, require filing by a certain day of the month. Lots of different discounts. Most taxing jurisdictions mandate on-time filing and full payment of tax due, among other conditions, to qualify for these discounts.

Sales 246

Sales South Carolina Utah Tax 246

TaxConnex

NOVEMBER 2, 2021

Labels can also have “drug facts” that would likely trigger tax as a prescription or nonprescription drug (this could exempt the vitamins and supplements from state sales tax in some states like Alabama, Connecticut and Kansas and, in some cases, Oklahoma).

Sales 246

Sales West Virginia Tax Vermont 246

TaxConnex

JANUARY 4, 2024

Last summer, for instance, Puerto Rico gave a break on school uniforms and supplies; Alabama cut shoppers tax slack on school supplies, clothing and computers. Virginia, Alabama and Kansas gave breaks on groceries. In Florida, Mississippi and Tennessee, breaks depended on price limits of items.

Sales 264

Sales Tax Colorado South Dakota 264

TaxConnex

SEPTEMBER 5, 2024

Clearly, rules vary state to state and recently have only gotten more complex (even more so in home rule states like Colorado, Alabama, Illinois and Louisana) though in many states stating shipping separately on the invoice excludes shipping from sales tax. By state Alabama: Shipping exempt if separately stated on the invoice.

Sales 264

Sales Tax Transportation Kansas 264

TaxConnex

OCTOBER 19, 2022

Still other states (for example Alabama, Colorado, and Louisiana) have home-rule jurisdictions where separate returns may need to be filed at the local level. Other states (for example California) have local taxes that are reported on the state return.

Sales 246

Sales New Jersey Tax Louisiana 246