article thumbnail

Accounting Firm UHY LLC Expands into New Hampshire Market

CPA Practice

UHY LLP will expand its presence in the Northeast with the combination of the certified public accounting firm Bigelow & Company, located in Manchester and Portsmouth, New Hampshire. Nationally, UHY employs over 1,600 professionals in 34 U.S. Nationally, UHY employs over 1,600 professionals in 34 U.S.

article thumbnail

Loopholes and other odd sales tax rules, part 2

TaxConnex

Connecticut, South Carolina, Ohio and Virginia exempt some protective clothing. Of course, there’s no statewide sales tax in the NOMAD states of New Hampshire, Oregon, Montana, Alaska and Delaware, so at least they’re simple to figure out no matter what you sell. But rules differ like a bewildering array of wardrobe choices.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How the 50 States Rank By Lifetime Taxes

CPA Practice

The table below shows a state-by-state breakdown of the average lifetime earnings compared to estimated lifetime taxes, and the percentage of earnings that will go toward tax payments, according to Self Financial: State Lifetime earnings Lifetime taxes % of earnings New Jersey $1,818,191 $987,117 54.3% Connecticut $1,731,261 $855,307 49.4%

article thumbnail

The latest on sales tax on shipping charges (part 1)

TaxConnex

Connecticut, Georgia, Michigan, North Dakota, South Carolina, Tennessee, Texas, Vermont, Washington, West Virginia and Wisconsin follow this rule. In New Jersey and Ohio, if you fail to allocate portions of taxable versus exempt, the shipping on your whole shipment becomes taxable. Tax-free states.

article thumbnail

The accountant’s guide to state taxes on retirement income

ThomsonReuters

Additionally, New Hampshire only imposes income tax on interest and dividend income exceeding $2,400, with plans to phase out this tax by 2025. In addition to the eight states above, plus New Hampshire, 39 states do not levy income tax on Social Security benefits. States with no tax on Social Security.

article thumbnail

CPA Exam Candidates: You Better Hurry Up and Apply For BEC Before It’s Gone Forever

Going Concern

Candidates sitting for BEC for the first time in the following jurisdictions have until Sunday, October 1 to apply for this section: Alaska Arkansas California Colorado Connecticut Delaware DC Georgia Guam Hawaii Illinois Indiana Iowa Kansas Louisiana Maine Maryland Massachusetts Michigan Minnesota Missouri Montana Nebraska New Hampshire New Jersey (..)

CPA 112
article thumbnail

Recent Data Study Reveals Most Popular Side Hustle in Every U.S. State

CPA Practice

States in the northeast – including New Jersey, New York, Pennsylvania, Connecticut, Massachusetts, Rhode Island, and New Hampshire – overwhelmingly prefer babysitting as a side hustle. States with the least interest in finding a side hustle are Florida, Vermont, and Maine – all of which are on the East Coast.