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Tax Roundup

Withum

Senate Majority Leader Chuck Schumer and Senator Joe Manchin from West Virginia are leading the discussions because Sen. Manchin’s buy-in will be essential to passage of any tax legislation. Business Tax Services. For more information on this topic, please contact a member of Withum’s Business Tax Services team.

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What's new in July for state sales and use taxes

TaxConnex

Virginia will exempt network equipment if it’s used for video broadcasting or by phone carriers. Iowa has modified its sales tax base. Changes include combining sales and use tax returns and their permits into one and changing filing frequencies for sales and use tax from quarterly to monthly. Additional updates.

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Lodging Tax Insanity — So Many Ways to Tax Accommodations

CPA Practice

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.,

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Friday Footnotes: PwC’s Head of Reputation Quits; KPMG’s New Commercial; EY Split Still on the Menu | 6.9.23

Going Concern

EY CEO Sees Revisiting Potential Spin-Off in a Few Years [ Bloomberg News ] EY Global Chairman and CEO Carmine Di Sibio says the firm’s abandoned spin off of its global consulting business still makes sense and will likely be revisited “in a few years.” Board of Accountancy elects next chair [ Virginia Business ] Wendy P.

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