Nancy McClelland, LLC

JANUARY 15, 2023

As you might imagine, we get quite a few inquiries for tax preparation services, but a) we only do taxes for our small business accounting & bookkeeping clients, and b) we only work with clients in Illinois, Indiana and Wisconsin.

tax preparation 52

tax preparation Tax bookkeeping Wisconsin 52

Going Concern

JANUARY 19, 2024

Intensifying this need is the fact that most accounting firms rely heavily on tax and accounting software for their daily workflow, making the data that flows through these systems potentially vulnerable. Attorney’s Office in the Southern District of Indiana. She is ordered to pay $270,876 in restitution, the amount that was embezzled.

Arizona 77

Arizona accounting and finance audit auditor 77

Going Concern

OCTOBER 11, 2022

note: the following is penned by Bob Jennings CPA, EA for his Taxspeaker.com newsletter. According to the SBA , small business generates about 44% of GDP in America and 2/3 of new jobs annually. A single finance course discussing buying vs. leasing provides more useful information for small business than any auditing course.

Education 82

Education Account accountant accounted 82

CPA Practice

APRIL 10, 2023

States typically take one of five different approaches to taxing accommodations: A single, statewide tax on accommodations but no additional local taxes (e.g., Connecticut, Maine, New Hampshire) A combined state/local sales tax on accommodations and local jurisdictions can impose an additional local accommodations tax (e.g.,

Tax 85

Tax West Virginia Wisconsin Virginia 85

CPA Practice

JULY 26, 2023

The lack of clarity can lead to the undercollection or overcollection of tax. Marketplace facilitator laws may help, as noted above, but laws and tax obligations vary from state to state.

Tax 98

Tax Michigan Hawaii Sales 98

CPA Practice

JULY 28, 2023

The ripple effects of the DAGRT case have also left states unclear on how to create, implement and manage their own digital advertising tax efforts. Currently, states with some form of digital advertising taxes include Connecticut, Massachusetts, New York and Texas.

Maryland 52

Maryland Tax Virginia West Virginia 52

CPA Practice

AUGUST 11, 2023

An impasse on if or how to bolster the benefit has now held up tax negotiations for a year. While Democrats are demanding a child credit boost in any bipartisan tax package that also revives lapsed business tax breaks, some lawmakers in Republicans’ narrow House majority are also naming it a top concern.

Tax 52

Tax Iowa Arizona North Carolina 52