Going Concern

OCTOBER 25, 2024

Regulator clears four of nine PwC tax agents over leaks scandal [ Australian Financial Review ] The tax agents’ regulator has cleared four of the nine former PwC tax agents it was investigating in the firm’s tax leaks scandal, with five other investigations expected to be finished by the end of the year.

accounting and finance

CPA Practice

NOVEMBER 22, 2024

CohnReznick’s McCafferty selected to MACPA’s 2024 Women to Watch CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, announced that Molly McCafferty, Partner, Assurance, has been selected as one of four 2024 Women to Watch by the Maryland Association of CPA’s (MACPA) Foundation.

Real Estate

CPA Practice

JULY 24, 2025

That change will affect the $1,200 threshold that currently triggers W-2G tax forms when players hit slot jackpots. Thanks for reading CPA Practice Advisor! Related article: Is An IRS Change In Slot Machine Jackpot Thresholds Really Coming? Nonetheless, the industry is claiming victory. 11, 2024, in Las Vegas. Visit reviewjournal.com.

Technology

Accounting Today

JUNE 10, 2025

899; IRMMA tactics; and other highlights from our favorite tax bloggers. Making choices Taxable Talk ( [link] ): Just send that return for all to see: Missouri has joined New Jersey in the bloggers hall of shame for encouraging identity theft. Current Federal Tax Developments ( [link] ): The Tax Courts recent Kramarenko v.

tax preparation

Anders CPA

NOVEMBER 4, 2024

Tax Manager Chrysa Cousley, MBA has been named has been named the 2024 Outstanding Young Professional by the Missouri Society of Certified Public Accountants (MOCPA). The annual MOCPA Impact Award for Outstanding Young Professional honors one CPA under the age of 35 who serves as an emerging and dynamic leader in the profession.

Missouri

Going Concern

JULY 18, 2025

Missouri auditor says treasurer put $35 million into wrong state fund [ Missouri Independent ] Missouri State Treasurer Vivek Malek improperly deposited almost $35 million in interest on a fund for improving Interstate 70 instead of putting it in the general revenue fund, State Auditor Scott Fitzpatrick said in a report issued Tuesday.

audit

CPA Practice

MAY 20, 2025

The former Missouri lawmaker acted as a pitchman for tax credits that didnt exist, Senate Finance Committee Democrats said.

Missouri

Accounting Today

JUNE 9, 2025

EDT 4 Min Read Facebook Twitter LinkedIn Email Eric Lee/Bloomberg Senate Republicans intend to propose revised tax and health-care provisions to President Donald Trumps $3 trillion signature economic package this week, shrugging off condemnations of the legislation by Elon Musk as they rush to enact it before July 4. All rights reserved.

Tax

Accounting Today

JULY 28, 2025

EDT 7 Min Read Facebook Twitter LinkedIn Email Billy Long at his confirmation hearing The new commissioner of the Internal Revenue Service, Billy Long, explained his plans for the agency and the new tax bill during his first public talk as IRS commissioner Monday during the National Association of Enrolled Agents tax summit.

Tax

CPA Practice

JUNE 4, 2025

TheSenate Finance Committeevoted along party lines on June 3 to approve President Donald Trumps nomination of former Missouri Rep.Billy Longto lead the IRS over the objections of Democrats.

Missouri

CPA Practice

DECEMBER 4, 2024

Billy Long (R-MO), to serve as the commissioner of the Internal Revenue Service, enlisting a Republican who served in Congress for an incoming administration aiming to renew and expand a broad package of tax cuts. Trump then nominated Charles Rettig, a California tax attorney to serve as the agency’s chief. ©2024 Bloomberg L.P.

Missouri

CPA Practice

JUNE 23, 2025

Jason Bramwell Former Missouri congressman Billy Long was sworn in as the 51st commissioner in the history of the IRS on June 16, saying transforming the culture at the tax agency is at the top of his to-do list. an Arkansas-based oil and gas company, which Democrats said offered non-existent “tribal tax credits.”

Missouri

CPA Practice

JULY 24, 2025

Before adjusting for seasonal factors, initial claims plummeted by more than 45,000, led by big states like New York and California, as well as in Michigan, Missouri and Ohio—which are home to car factories. Thanks for reading CPA Practice Advisor! With assistance from Chris Middleton. Visit bloomberg.com. © 2025 Firmworks, LLC.

Technology

CPA Practice

JULY 31, 2025

A tax credit in Trump’s signature law leaves states to sort out rules, funding, and oversight. These trends, combined with new federal tax credit, could fundamentally reshape the education funding landscape across state governments, experts say. ” The final law gives states wide discretion, he said.

Arizona

CPA Practice

OCTOBER 22, 2024

In this white paper, we break down the key federal payroll laws, explore important compliance insights, highlight the role of technology, and provide practical tips for maintaining compliance. federal payroll compliance is an ongoing process that requires vigilance and dedication.

payroll

Anders CPA

APRIL 22, 2022

The biggest weekend for purchasing appliances in Missouri is here! This is the week that Missouri is holding their Show-Me Green Sales Tax Holiday. During this time, if you buy a certified Energy Star appliance in Missouri, you will not have to pay any state sales tax. What is the Show-Me Green Tax Holiday?

Missouri

Anders CPA

NOVEMBER 7, 2023

When a business operates in multiple locations in the same state, complex sales tax regulations can often present a challenge. Special local sales tax districts, such as a community improvement or transportation development district, can exacerbate the difference in sales tax rates for business locations in neighboring municipalities.

Missouri

Anders CPA

MAY 24, 2022

A Missouri bill, HB 2400, could affect businesses across the state with several provisions impacting the R&D tax credit, Missouri Works program, the State and Local Tax Parity Act and more. New Missouri R&D Tax Credit. Changes to the Missouri Works Program. State and Local Tax Opportunities.

Missouri

Anders CPA

MAY 25, 2023

Over 670 brackets were created during the 35th annual Anders Hoops for Hope March Madness-style bracket tournament supporting Missouri Veteran’s Endeavor (MOVE-STL). Anders tax partner Craig Campbell started the pool 35 years ago and remains the organizer. Hoops for Hope is the largest of those fundraising efforts.

Missouri

TaxConnex

MARCH 24, 2022

In the world of sales tax, household names like Amazon, eBay and Etsy are major marketplace facilitators. Not only that, the marketplace facilitator in many situations assumes the responsibility for collecting and remitting the applicable sales tax. But there are, as always in the world of sales tax, conditions.

South Dakota

CPA Practice

SEPTEMBER 11, 2023

State CPA Society News & Updates is a round-up of recent announcements and initiatives by CPA associations in the United States and its territories. Tax Conference – November 2 and 3, 2023 at the Brookfield Conference Center. The Tax Conference will be livestreamed for those unable to attend in person.

CPA

CPA Practice

MAY 18, 2023

The American Institute of CPAs has announced the 50 winners of the 2022 Elijah Watt Sells Award. This award is granted to CPA candidates who obtain a cumulative average score above 95.50 across all four sections of the Uniform CPA Examination, pass all four sections on their first attempt and have completed testing in 2022.

CPA

Anders CPA

OCTOBER 26, 2023

On July 31, 2023, Missouri released Private Letter Ruling No. The ruling provides insight into the obligations of a California-based 501(c)(3) not-for-profit organization that operates as a marketplace facilitator regarding the collection and remittance of sales and use taxes. Genesis Clay, tax intern, contributed to this article.

Missouri

MyIRSRelief

MAY 24, 2023

The notice will state the amount of tax due, as well as interest and penalties. The notice will also include the following information: The amount of tax due The amount of interest and penalties The due date for payment Instructions on how to pay What do I need to do if I receive an IRS CP14 notice? What is an IRS CP14 notice?

North Carolina

CPA Practice

DECEMBER 20, 2023

Top 200 accounting firm Honkamp recently added one of the 20 largest CPA firms in the St. The new location will be the first office in Missouri for Honkamp, and the merger increases the firm’s headcount to about 300 employees. Founded in 1976, Schowalter & Jabouri is a full-service attest, tax, and business advisory firm in St.

cpa firm

Anders CPA

JULY 26, 2022

The Missouri Back to School Sales Tax Holiday is a great time to stock up on supplies needed for the upcoming school year. In Missouri, the tax-free holiday starts at 12:01 a.m. During this period, qualified purchases are exempt from sales tax. Be aware not all cities and counties in Missouri observe this holiday.

Missouri

Anders CPA

OCTOBER 10, 2023

Sales tax regulations have become a significant concern for both businesses and consumers. Sephora) sheds light on the repercussions of collecting an improper amount of sales or use tax. million to resolve claims of overcharging taxes on Missouri purchases serves as a lesson for all people involved.

Missouri

MyIRSRelief

MAY 24, 2023

The notice will state the amount of tax due, as well as interest and penalties. The notice will also include the following information: The amount of tax due The amount of interest and penalties The due date for payment Instructions on how to pay What do I need to do if I receive an IRS CP14 notice? What is an IRS CP14 notice?

North Carolina

Anders CPA

AUGUST 16, 2022

A 529 plan is a tax-advantaged savings plan which is aimed toward encouraging saving for primary and secondary education expenses. Many taxpayers wonder whether they can contribute to a state plan outside of the state they reside in, and the answer is yes, but it may affect your tax deductions. In-State or Out-of-state 529 Plan?

Missouri

TaxConnex

FEBRUARY 16, 2023

Think you’re the only one worried about sales tax compliance? According to our third annual Sales Tax Market Survey you’re not. We have] difficulty with our tax team having extremely limited knowledge of the products and the product teams not caring enough to take the time to properly classify.” Too much staff time needed.

Sales

CPA Practice

SEPTEMBER 26, 2024

There’s a big difference between “tax avoidance” and “tax evasion.” Simply put, tax avoidance relies on legitimate strategies that may be used to reduce your income tax liability. Conversely, tax evasion is illegal. These penalties are added to the back taxes already due. This is perfectly legal.

Missouri

Anders CPA

DECEMBER 20, 2022

For the fourth year in a row, Anders has been named to Forbes’ America’s Best Tax and Accounting Firms List for 2023. With thousands of firms recommended in tax and accounting, Anders is one of 160 firms in the country to be named on both lists. based on surveys of tax and accounting professionals and their clients.

accounting firms

CPA Practice

JULY 12, 2024

The small businesses that anchor our economy are about to face a devastating tax hike that will hurt workers and weaken communities. As the owner of one of those job creators—a third-generation family-owned manufacturing company in Cuba, Missouri—I’m calling on Washington, D.C., But there’s a problem.

Missouri

Anders CPA

AUGUST 22, 2023

This law provides an income tax credit for taxpayers who hire an intern or apprentice who is paid at or beyond the minimum wage. The DED will establish the procedure for claiming the tax credit and will certify eligible applicants to the Missouri Department of Revenue.

Missouri

Anders CPA

FEBRUARY 5, 2024

At the first year anniversary of recreational cannabis in Missouri, the state industry is healthy. Here are ways Missouri cannabis businesses can make their second year as, or more, profitable than their first. Watch the Hemp Industry Missouri has taken a strong stance against the hemp-derived market. We would be happy to help.

Missouri

Anders CPA

JULY 23, 2024

Real estate developers in Missouri have access to dozens of state and federal tax credits that can help you maximize profitability and minimize costs. Some programs, like the Low Income Housing Tax Credit (LIHTC) and Historic Preservation Tax Credit Program (HTC), are available as both federal and state credits.

Real Estate

CPA Practice

AUGUST 25, 2024

Yet some states still haven’t clearly defined how sales and use tax applies to digital goods and services. To help you better understand digital products sales tax, this blog will explain: How do you define digital products for sales tax? How do you figure out sales tax on digital products by state?

West Virginia