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Sales tax and accounting services

TaxConnex

It’s that time of year again when everyone suddenly thinks about preparing their income taxes. But does tax preparation incur sales taxes – and if it does, where and how? Several states levy their sales tax or its equivalent on services, among them Hawaii (which has a general excise tax, or GET), and New Mexico.

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IRS Cautions Tax Pros About New EFIN Email Scam

CPA Practice

The IRS warned that scammers are posing as tax software providers and requesting EFIN documents from tax professionals under the guise of a required verification to transmit tax returns. Hawaii-Aleutian. Hawaii-Aleutian. Hawaii-Aleutian. Hawaii-Aleutian. Hawaii-Aleutian. Pacific│8 a.m.

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Oct. 16, 2023, is Deadline for Millions Who Filed Tax Extensions; But Many Get More Time Due to Disasters

CPA Practice

Those in the counties of Maui, Hawaii, and many counties in Florida, South Carolina and Georgia have until Feb. 24, 2024, to file various individual and business tax returns. 16 and lets qualified taxpayers prepare and file federal income tax returns online using guided tax preparation software.

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Don’t File Your Returns Yet, IRS Tells Millions of Taxpayers

CPA Practice

By Leada Gore, al.com (TNS) The IRS is telling some people to wait to file their 2022 tax return, a group that could represent millions of taxpayers. A host of states, including California , Georgia, Florida and Hawaii, have sent stimulus payments or rebates to residents in recent months.

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Oct. 16, 2023, is Deadline for Taxpayers with an Extension

CPA Practice

Those in the counties of Maui, Hawaii, and many counties in Florida, South Carolina and Georgia have until Feb. 24, 2024, to file various individual and business tax returns. They typically have 180 days after they leave the combat zone to file returns and pay any taxes due. This list continues to be updated regularly.

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Some States Are Considering Shelving the Grocery Tax

CPA Practice

States and localities sometimes struggle with which foods to exempt from tax. Prepared, ready-to-eat foods sometimes are taxed at a higher rate than cold foods that must be cooked at home. In New York, where groceries are generally tax exempt, cookies are not taxed, but candy is. Hawaii Gov. Mississippi Lt.

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