CPA Practice

APRIL 13, 2023

The IRS issued Notice 2023-21 last February that provides legal guidance on claims made by the postponed deadline. But the three-year window for 2019 unfiled returns was postponed to July 17, 2023, because of the COVID-19 pandemic.

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Rhode Island West Virginia South Dakota North Dakota 52

CPA Practice

NOVEMBER 29, 2023

The Tri-State Panel A lively discussion of current key topics with state tax officials from New York, New Jersey, and Connecticut. partner, Foley & Lardner , have created a jam-packed agenda of lively panel discussions with nationally recognized experts. What’s Happening Everywhere Today?

New York 52

New York Tax Connecticut New Jersey 52

Going Concern

JUNE 23, 2023

The CPA Journal ] Generation Z is beginning to enter the workforce, bringing with it a demographic shift that will affect every facet of American society, including the accounting profession. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday.

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cpa firm CPA auditor North Carolina 104

CPA Practice

JULY 28, 2023

This has been playing out in Maryland over the last few years as the state has become a national litmus test for the legality of taxing companies based on their digital advertising revenue. 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

JANUARY 10, 2024

The legalization of sports betting and online gambling has led to an explosion in gaming across America. With over a decade specializing in gambling taxes, this Las Vegas CPA has worked with everyone from professional poker players to casual sports bettors. From W-2Gs to 1099-Ks, the IRS reporting requirements leave much confusion.

Gambling 80

Gambling Tax Account accountant 80

CPA Practice

MAY 1, 2024

However, this does not mean that marijuana will become legal for recreational use nationwide. Proponents argue that rescheduling marijuana is a step in the right direction, emphasizing the need to align federal policy with the growing acceptance and legalization of cannabis at the state level.

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Tax Missouri Oregon Connecticut 111

CPA Practice

MARCH 8, 2023

Additionally, lawmakers in California, Connecticut, Hawaii, Illinois, Maryland, Minnesota, New York, and Washington have recently proposed wealth taxes. Wealth tax” bills in New York and Connecticut would focus in part on increasing state tax rates for capital gains, and dividend and interest income.

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Tax Hawaii Illinois Massachusetts 115

CPA Practice

NOVEMBER 1, 2023

The state recently created an Office of Legal Immigration to help recruit workers from abroad and among work-authorized immigrants already in the United States. Some of the highest-income areas in the country, including Connecticut and the District of Columbia, were in the bottom 10 for income growth. Connecticut fell to No.

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North Dakota South Dakota Utah Connecticut 52

CPA Practice

MAY 1, 2024

Ben Zachs, president of Fine Fettle, a marijuana dispensary in Connecticut, called the news “exciting.” Cannabis would not be legalized, only reclassified, Pomerantz noted, which means some changes are as yet unknown: “I don’t want to make any comments at this point about interstate sales.”

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Connecticut Pharmaceutical Legal Education 40