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Sales tax and accounting services

TaxConnex

Tax preparers are generally accredited individuals – certified public accountant (CPA) and enrolled agent (EA) are two common preparer designations – who have completed previous and ongoing education to understand compliance for varied tax purposes. But does tax preparation incur sales taxes – and if it does, where and how?

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States With the Highest- and Lowest-Earning College Grads

CPA Practice

District of Columbia Average of each institution’s median earnings: $59,364 Average annual cost of school: $25,000 Average graduation rate: 40% Institution with the biggest earners: N/A “Education is extremely beneficial for economic success.

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What’s new in sales tax?

TaxConnex

Five states follow with 4% rates: Alabama, Georgia, Hawaii, New York and Wyoming. effective July, the most recent statewide rate reduction since New Mexico trimmed its sales tax rate from 5.125% to 5% in July 2022. Effective July 1, New Mexico’s state-level gross receipts tax rate also dropped from 5% to 4.875%.)

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Number of Small Business Jobs Increased in June

CPA Practice

Education and health services increased by 4,000 jobs; an increase of 0.17%. The only region to show no growth in employment was the Southwest (Arizona, New Mexico, Oklahoma and Texas), where employment was flat. Agriculture includes farming, forestry, fishing, and hunting.

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Top 5 Regulatory Issues for Employers in 2024

CPA Practice

The in-house compliance team at Paychex continually monitors laws and regulations at federal, state, and local levels that inform educational content available to customers and updates built into Paychex Flex, the company’s cloud-based SaaS solution. Retirement: With further SECURE 2.0

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Hawaii was Best State at Preventing Covid Deaths

CPA Practice

It examined pandemic policies, plus the economic and educational trade-offs for each state, with the aim of seeing what worked and what could be improved. Hawaii, New Hampshire and Maine had the lowest death rates per 100, 000, while Arizona, the District of Columbia and New Mexico had the highest. 5 ranking.

Hawaii 69
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State-by-State Guide to Back-to-School Sales Tax Holidays

CPA Practice

11 Education Tax Credits and Deductions New Jersey Tax-Free Week Dates of Tax Holiday: August 26 through September 4 State Sales Tax Rate: 6.625% Average Combined Sales Tax Rate: 6.6% The New Jersey sales tax holiday exempts some computers, school supplies, electronics and sport equipment.

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