TaxConnex

DECEMBER 29, 2022

In Louisiana, a federal court dismissed a lawsuit seeking to overturn the state’s decentralized sales tax collection system, saying it was filed in the wrong venue. Supreme Court.

Sales 130

Sales Tax Maryland Louisiana 130

TaxConnex

DECEMBER 22, 2020

Georgia, Louisiana, and Michigan required marketplace facilitators to collect and remit sales tax. Illinois announced expansion of its Audit Fast Track Resolution Program to most sales and miscellaneous tax audits. Audits: They could be on the rise from among the thousands of tax jurisdictions in the U.S. Learn more here.

Sales 130

Sales Tax North Carolina Michigan 130

TaxConnex

MARCH 10, 2022

Louisiana worked to streamline its notoriously confusing sales tax environment; and Kansas?set Now that the pandemic helped them discover just how lucrative sales tax can be, states and jurisdictions are also intensifying sales tax investigations and audits. Illinois began requiring remote sellers with economic nexus?and

South Dakota 187

South Dakota Sales Tax Maryland 187

Going Concern

MAY 5, 2023

Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. Accountingfly is connecting audit professionals at all experience levels with forward-thinking firms for strictly REMOTE audit roles. Don’t sweat it. Pajamas forever!

audit 107

audit cpas auditor Mississippi 107

CPA Practice

OCTOBER 18, 2023

Of the 45 states (plus the District of Columbia) that have a general sales tax, 10 stand out as being especially tricky for sales tax compliance: Arizona, California, Colorado, Florida, Illinois, Louisiana, Missouri, New York, Tennessee, and Texas. Two others have the dubious distinction of getting honorable mention: Alabama and Kansas.

Sales 59

Sales South Dakota Tax Missouri 59

Withum

SEPTEMBER 16, 2022

Alabama, Alaska, Arizona, Colorado, and Louisiana are “home rule” states which permit the municipalities or counties to govern themselves with certain restrictions. Also, many states are hiring more sales tax auditors to audit more companies and identify related vendors who may not comply with sales tax. Let’s Talk.

Sales 80

Sales Retail Tax South Dakota 80

TaxConnex

MAY 11, 2021

In a few states, most notably Alabama, Colorado, and Louisiana, there are separate local level returns that you are required to file. Transaction specific details for reconciliation or audit purposes including invoice number, invoice date, customer number, customer name, etc. Taxable sales amount. Sales tax collected.

Sales 131

Sales Tax Colorado tax return 131

Going Concern

OCTOBER 20, 2023

AI PwC Offers Advice From Bots in Deal With ChatGPT Firm OpenAI [ Bloomberg ] PricewaterhouseCoopers LLP has teamed up with ChatGPT owner OpenAI to offer clients advice generated by artificial intelligence as the Big Four audit firms look to cut costs and boost productivity. CEO, Audit & Assurance, Deloitte & Touche LLP.

CPA 106

CPA quickbooks auditor Real Estate 106

CPA Practice

JANUARY 31, 2023

Dane earned his Bachelor of Science from Louisiana Tech University and his Master of International Business from Munich Business School in Munich, Germany. In his practice, he provides accounting and audit services to the construction and non-profit sectors. A graduate of the Peter T.

New Hampshire 110

New Hampshire Georgia Virginia public accounting 110

PYMNTS

FEBRUARY 13, 2020

states including Colorado and Louisiana, which are testing DDLs from a group of tech firms. It’s a complement to the card that can be used in situations that warrant more security, privacy, safety and a digital audit trail. Passports aside, the U.S. Digital driver’s license (DDL) programs are popping up in several U.S.

Louisiana 60

Louisiana Colorado Technology audit 60

PYMNTS

DECEMBER 27, 2019

Louisiana exempts most food purchased outside restaurants, for example, while Missouri exempts clay pigeons and targets used in skeet shooting. We didn’t find out about [the interpretation change] until we were under audit,” Greenberg recounted.

Tax 58

Tax Louisiana Missouri audit 58

Withum

FEBRUARY 1, 2023

Set in New Orleans, Louisiana this year, there was plenty of fun (Phillies Astros World Series Game 1) and information to go around. It is important to note that this method does increase the risk of hobby loss disallowance on audit. Total business use includes all of the business activities one individual may use the aircraft for.

accounting and finance 52

accounting and finance income tax Tax CPA 52

TaxConnex

MARCH 21, 2024

It did, but the South Carolina Department of Revenue later audited Amazon and found that it had failed to adequately tax sales by third-party merchants. After initial incentives from South Carolina for an Amazon investment in fulfillment centers 13 years ago, the company was to have begun collecting South Carolina sales tax in 2016.

South Carolina 194

South Carolina Sales Tax Alabama 194

TaxConnex

AUGUST 9, 2022

Louisiana – a state with not only the highest combined tax rate but an infamously complex sales tax compliance structure – is taking steps to address the latter. Three new laws aim to give the Louisiana Sales and Use Tax Commission for Remote Sellers more authority and centralizing sales tax. Path to simplicity. Free for all.

Sales 130

Sales Louisiana Tax Iowa 130

inDinero Tax Tips

APRIL 11, 2023

Other states that have a franchise tax include Alabama, Arkansas, Delaware, Georgia, Illinois, Louisiana, Missouri, New York, North Carolina, and Oklahoma. The Delaware franchise tax A franchise tax is a state charge on corporations to conduct business in their state. The amount of franchise tax and how each state calculates the tax varies.

Delaware 52

Delaware Nevada Tax Sales 52

ThomsonReuters

JUNE 14, 2021

Legislation that is effective 06/04/2021, provides for the unemployment insurance procedure to be applied by the secretary of the Louisiana Workforce Commission for calendar year 2022. The DOT will begin audits with businesses and industries issuing 1099-NECs and 1099-MISCs to determine if the classification was appropriate.

payroll 98

payroll Missouri Virginia Delaware 98

inDinero Tax Tips

APRIL 20, 2021

Currently, Alabama, Arkansas, Delaware, Georgia, Illinois, Louisiana, Missouri, New York, North Carolina, and Oklahoma have a franchise tax. At the state level, an IRS Information Sharing Agreement includes: Audit results, Federal individual and business return information, and. The Delaware franchise tax. Employment tax information.

Delaware 64

Delaware Wyoming Nevada Oregon 64

Going Concern

DECEMBER 9, 2022

Accounting, tax audit, and business advisory firm BDO is investing €5m in a new office as it creates 100 new jobs. The 100 new jobs in Dublin will be across all service lines – audit, tax, advisory, consulting, business services and recruitment. Audit reform should not dance to the Big Four’s tune [ Financial Times Opinion ].

CPA 96

CPA Florida auditor audit 96

CPA Practice

MARCH 9, 2023

Those six Republicans senators were Bill Cassidy (Louisiana), Susan Collins (Maine), Charles Grassley (Iowa), Lisa Murkowski (Alaska), Thom Tillis (North Carolina), and Todd Young (Indiana). The IRS and Democrats have attempted to reassure Americans that the additional audit activity will affect only those making $400,000 or more.

West Virginia 59

West Virginia North Carolina Iowa Alaska 59