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State CPA Societies in Action: Ohio Society of CPAs

CPA Practice

With more than 100 years of experience, The Ohio Society of CPAs represents 85,000 CPAs and accounting professionals who are the strategic financial advisors to Ohio’s leading businesses. accountants and auditors have left their jobs, as reported by SHRM, an issue that is being actively addressed by OSCPA. “We

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Best Practices for Managing a Sales Tax Audit

TaxConnex

If you and your company haven’t been hit with a sales tax audit yet, congrats. In TaxConnex’s recent market survey more than one in four (26.7%) top finance professionals in a variety of industries report seeing an increase in state sales tax audits in the past two years. Sales Tax Audit Triggers.

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U.S. Sales Tax Rate Changes Reach 10-Year High

CPA Practice

The domestic sales tax landscape in the United States has been in a constant state of flux over the last decade. In fact, the 2023 Vertex End-of-Year Sales Tax Rates and Rules report shows that a total of 444 sales tax rate changes took place across all U.S. States continue to issue new fees, exemptions and tax holidays.

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Recent Cases Show You Shouldn't Mess with Sales Tax Obligations

TaxConnex

States may be getting tougher on sales tax delinquents as the pandemic drags on and tax revenues, in many places, take hits. area company must pay back more than $95,000 after pocketing sales tax money owed to the state, according to authorities. Just ask Fiorella’s Landscaping in western New York. The Buffalo, N.Y.-area

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U.S. Sales Tax Rate Changes Reach 10-Year High

CPA Practice

The domestic sales tax landscape in the United States has been in a constant state of flux over the last decade. In fact, the 2023 Vertex End-of-Year Sales Tax Rates and Rules report shows that a total of 444 sales tax rate changes took place across all U.S. States continue to issue new fees, exemptions and tax holidays.

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U.S. Sales Tax Rate Changes Reach 10-Year High

CPA Practice

The domestic sales tax landscape in the United States has been in a constant state of flux over the last decade. In fact, the 2023 Vertex End-of-Year Sales Tax Rates and Rules report shows that a total of 444 sales tax rate changes took place across all U.S. States continue to issue new fees, exemptions and tax holidays.

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Friday Footnotes: Big 4 Nixes Legal Practices; EY Looks the Other Way; Auditors Get Lectured Again | 10.14.22

Going Concern

Whistleblowers have accused EY of whitewashing suspicions of money laundering and tax evasion in an investigation it conducted this year for longstanding client Leonteq. Of the 35 companies that submitted data for the list, 31 said they let most Northeast Ohio employees work remotely at least some of the time.

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