article thumbnail

What’s new in sales tax?

TaxConnex

There’s always something changing in the world of tax, especially sales tax. Midyear sales tax. The Tax Foundation released its “State and Local Sales Tax Rates, Midyear 2023” report of the 45 states (and the District of Columbia) that collect statewide sales taxes and the 38 states where local sales taxes are collected.

Sales 130
article thumbnail

Wealth Management Firm Buys BerganKDV in ‘First of Its Kind’ Deal

CPA Practice

While private equity firms getting into bed with accounting firms has been all the rage lately , the Creative Planning/BerganKDV deal is believed to be the first involving a wealth management firm purchasing a large CPA firm. Yesterday’s] deal is a first of its kind in the accounting profession!

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Wealth Management Firm Buys BerganKDV in ‘First of Its Kind’ Deal

CPA Practice

While private equity firms getting into bed with accounting firms has been all the rage lately , the Creative Planning/BerganKDV deal is believed to be the first involving a wealth management firm purchasing a large CPA firm. Yesterday’s] deal is a first of its kind in the accounting profession!

article thumbnail

COVID-19 and the Wayfair impact on CPA advisory

ThomsonReuters

We discuss the importance of this next wave of the Wayfair decision, and why sales tax revenue should be added to your advisory discussions with clients. They’re going to do so under these economic nexus laws, which was what we were seeing with the Wayfair case with South Dakota’s economic nexus law.

CPA 40
article thumbnail

Friday Footnotes: How Are Firms Actually Using Data Analytics?; KPMG and BDO on the Move | 9.15.23

Going Concern

Sioux Falls CPA firm marks century in business [ SiouxFalls.Business ] The fourth-generation Sioux Falls firm Nelson & Nelson CPAs celebrates 100 years in business, providing tax, accounting, payroll and bookkeeping services. James Nelson started the firm in the city in 1923. to 1,249 partners and staff.

audit 106
article thumbnail

What Every Advisor Should Know About the Cannabis Industry

Anders CPA

And I have been in this role for two years and five years with CPA firms. Guillermo (00:08:57) – So to shortcut the explanation, it’s almost like saying cannabis businesses are taxed at the gross margin level. And so, I was in South Dakota last summer and meeting with a lot of owners.