CPA Practice

JANUARY 23, 2023

At least five of the 13 states where groceries were taxed as of last Jan. 1 passed laws to reduce, eliminate or ease the pinch—Kansas, Virginia, Illinois, Tennessee and Idaho. As state legislative sessions convene this month, governors and legislators in red and blue states are lining up to take another swipe at grocery sales taxes.

Idaho 111

Idaho South Dakota Tax Kansas 111

ThomsonReuters

OCTOBER 19, 2022

In this edition, we take a look at the recently enacted corporate alternative (book) minimum tax; new elections to convert credits to cash or tax payments; changes to the electric vehicle credit; recent legislation in Kansas, Kentucky, and Missouri; and state taxation of forgiven student loans.

income tax 64

income tax Kansas Kentucky Tax 64

TaxConnex

AUGUST 15, 2023

Kansas no longer taxes delivery charges , as of July 1. Texas will no longer collect sales tax on essential baby products like diapers and wipes, as well as menstrual products, starting Sept. New Jersey signed budget legislation that changes the state’s corporate tax regulations. Income we trust.

Sales 130

Sales Tax Alabama Texas 130

Going Concern

APRIL 12, 2024

billion won in corporate taxes, but its management team recorded the amount as a receivable in its financial statements. Lenexa accountant’s office goes dark, leaving clients concerned with looming deadline [ KCTV5 ] This guy’s CPA license was revoked by the Kansas Board of Accountancy last year.

CPA 105

CPA auditor Tax audit 105

Going Concern

JANUARY 27, 2023

KPMG POISED TO CAPITALIZE ON INCREASED DEMAND FOR OUTSOURCING CORPORATE TAX DEPARTMENTS [ PR Newswire ] ONLY POSTING THIS BECAUSE THE ALL CAPS IS FUNNY. Some of this was later shared with clients and potential clients, according to the board. Collins left the ‘big four’ firm in October 2022.

auditor 111

auditor accounting firms Account accountant 111

inDinero Tax Tips

APRIL 26, 2023

The IRS website provides a helpful chart that indicates which states should send the form to the IRS Center in Kansas City, Missouri, and which states should send it to Ogden, Utah. Chasing supposed tax advantages can come back to bite you if you haven’t consulted with corporate tax expert.

Tax 52

Tax Utah Kansas Missouri 52