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. Colorado alone has 73 home-rule jurisdictions each requiring their own sales tax return to be filed. Don’t get tripped up by specialty tax rates (non-sales tax rates).

Sales 131

Sales Tax Colorado tax return 131

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. To illustrate the knottiness, here are some examples.

Sales 59

Sales South Dakota Tax Missouri 59

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 108

CPA quickbooks auditor Real Estate 108

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. LIFO The Last-In First-Out inventory method is a common inventory valuation method used by many dealerships that can help taxpayers lower their income tax for a period of time.

accounting and finance 52

accounting and finance income tax Tax CPA 52

inDinero Tax Tips

APRIL 11, 2023

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

Delaware 52

Delaware Nevada Tax Sales 52

TaxConnex

AUGUST 9, 2022

One of the biggest culprits in 2022: Florida, which expanded their sales tax holiday programs to five additional (“rather arbitrary”) categories in lieu of targeted, permanent reforms. Three new laws aim to give the Louisiana Sales and Use Tax Commission for Remote Sellers more authority and centralizing sales tax.

Sales 130

Sales Louisiana Tax Iowa 130

ThomsonReuters

JUNE 14, 2021

The IRS has posted a June 2021 draft version of the Form 941 , Employer’s Quarterly Federal Tax Return, instructions that take into account the amended and expanded coronavirus (COVID-19) pandemic tax credits and the new COBRA premium assistance credit from the American Rescue Plan Act (ARPA). Federal News.

payroll 98

payroll Missouri Virginia Delaware 98