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What’s new in sales tax?

TaxConnex

The five states with the highest average combined state and local sales tax rates are Tennessee (9.548%), Louisiana (9.547%), Arkansas (9.44%), Washington (9.4%) and Alabama (9.24%). Among highlights: In some cases, local sales taxes exceed state rates. California has the highest statewide sales tax rate, at 7.25%.

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Friday Footnotes: Tim Ryan Works Too Hard; Fake CPA Gets Violent Over QuickBooks Files; PwC PR | 10.20.23

Going Concern

The strategic acquisition also encompasses Mueller dotKonnect, a business process outsourcing firm specializing in finance, accounting, tax and payroll functions. Brentwood-based LBMC, a business consulting and financial services firm, will welcome Louisville-based accounting firm Strothman & Co under its family of companies.

CPA 110
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Friday Footnotes: Behemoth Big 4 Firms Get Behemothier; Audits Get Harder; Eliminate Clients! | 11.11.22

Going Concern

National accounting firm acquires Lafayette-based PRM CPAs + Advisors [ The Acadiana Advocate ]. Weaver announced the transaction recently as a move that allows it to expand into Louisiana and its tax and accounting advisory practices, adding one partner and 11 other professionals to its team.

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Friday Footnotes: RSM Layoffs; The Leader Who Cried On His First Day; Advisory Pays Better (Duh) | 5.5.23

Going Concern

“We’ll see how those trends unfold overtime as the economy continues to shift,” says Adam Batechlor, chief strategy and innovation officer at the Pennsylvania Institute of Certified Public Accountants (PICPA), which conducted the survey of more than 300 CPA firms in the state with Hinge Research Institute.

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Friday Footnotes: A (Fake) Day in the Life at Deloitte; DYNAMIC Merger For Grant Thornton; CPA Awareness | 12.9.22

Going Concern

The firm, Horne LLP, is currently facing possible investigation following reports that some employees intentionally mismanaged the administration of a federal $147 million relief fund for Louisiana homeowners, receiving money themselves from the very grant program they were contracted to administer for individuals in actual need.

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