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Sales tax and accounting services

TaxConnex

Accounting services are often, but not always, exempt. In recent years, Connecticut, Maryland, and California toyed with levying state sales tax on accounting services but found it a tough fight in the face of intense lobbying from accountants’ groups.

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Prager Metis Merges in Goldsmith Molis & Gray

CPA Practice

Top 60 accounting firm Prager Metis has expanded its presence in North Carolina by combining with Asheville-based Goldsmith Molis & Gray, a full-service tax, accounting, payroll, and consulting firm. offices in California, Connecticut, Florida, Massachusetts, Nevada, New Jersey, New York, and Virginia.

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RCReports Releases New Entity Selection Planning Tool

CPA Practice

For SMBs that are experiencing financial or management changes based on year-over-year data, it is recommended to complete an entity selection analysis each year,” said Dawn Brolin, CPA, CFE, and owner of Powerful Accounting, a Connecticut-based accounting and advisory firm.

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NYU School of Professional Studies Presents 42nd Annual Institute on State and Local Taxation on December 11-12 in NYC

CPA Practice

In addition, what re the tax accounting considerations of the insured? Best Practices in Sales and Use Tax Compliance The use of shared service centers, AI, and other technologies have become the standard in sales and use tax compliance. Considerations may vary between the insured (taxpayer) and insurer.

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Last Week in Payroll: Summertime Tax Tips

ThomsonReuters

Connecticut Governor Ned Lamont has announced the Back to Work CT Program. The program provides an incentive for long-term unemployed people in Connecticut to return to the workforce. The program is administered by the Connecticut Department of Revenue Services (DRS) with the Connecticut Department of Labor (DOL).

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Last Week in Payroll: Repaying Deferred Social Security Taxes

ThomsonReuters

Connecticut legislation would allow student athletes to earn compensation through an endorsement contract or employment in an activity unrelated to any intercollegiate athletic program. Unemployment accounts not chargeable for unemployment benefits. . The final regulations amend IRC Sec. State and Local News .

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