CPA Practice

OCTOBER 12, 2023

Also exempt from the tax: Gross receipts from the retail sale of any firearm, firearm precursor part, or ammunition by any licensed firearms dealer, firearms manufacturer, or ammunition vendor in any quarterly period in which their total gross receipts from the retail sales of firearms, firearm precursor parts, or ammunition is less than $5,000.

California 124

California Sales Tax Pennsylvania 124

MyIRSRelief

JULY 3, 2023

During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. Verify their credentials, such as being an enrolled agent, tax attorney, or CPA, and check for any relevant certifications or affiliations. ERC IRS Audit Process 2.1

audit 130

audit North Carolina Oklahoma Ohio 130

Anders CPA

MAY 23, 2023

State Payroll Reciprocity Agreements It’s possible for remote or out-of-state workers to be taxed twice, but this double taxation can be resolved by the taxpayer when preparing their state tax returns. The taxpayer would then be refunded for taxes withheld unnecessarily from their paycheck.

payroll tax 98

payroll tax payroll Rhode Island Tax 98

Anders CPA

SEPTEMBER 28, 2022

Many states don’t require a company to collect tax if all they provide is nontaxable services. How a state may define SaaS could determine if a company is required to file a sales tax return in a particular state, regardless of if SaaS is actually taxable by law within that given state. Anders State and Local Tax services.

Rhode Island 52

Rhode Island West Virginia South Dakota South Carolina 52

CPA Practice

APRIL 14, 2023

have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return, the IRS said on Wednesday. billion in refunds remain unclaimed because people have not filed their 2019 tax returns yet. People face a July 17 deadline to file their returns. million people across the U.S.

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

CPA Practice

APRIL 13, 2023

have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return, the IRS said on Wednesday. billion in refunds remain unclaimed because people have not filed their 2019 tax returns yet. People face a July 17 deadline to file their returns. million people across the U.S.

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

Going Concern

OCTOBER 7, 2022

copied and used its mark with the intent to trick consumers into buying a knockoff services, the US District Court for the Eastern District of Pennsylvania said. What CFOs Should Consider Concerning ESG Reporting [ The CPA Journal ]. Minority Accounting Students Sought for Internship Preparation Program [ Illinois CPA Society ].

Illinois 84

Illinois CPA audit tax return 84

CPA Practice

MARCH 31, 2023

Privacy rules prevent government officials from discussing the specifics of any tax return. How do estate and gift taxes work?

Tax 132

Tax tax return income tax Pennsylvania 132

CPA Practice

MARCH 30, 2023

Privacy rules prevent government officials from discussing the specifics of any tax return. How do estate and gift taxes work?

tax return 111

tax return income tax Tax Pennsylvania 111

CPA Practice

MARCH 18, 2024

Is long-term care insurance tax deductible? If you are eligible, you can deduct premiums for long-term care insurance on your federal income tax return. Is California considering a long-term care tax? To be deductible, those premiums must exceed 7.5% of your adjusted gross income.

payroll tax 59

payroll tax Washington payroll Tax 59

CPA Practice

MAY 17, 2023

Most states tax personal property owned by businesses and require businesses to complete and file a personal property rendition every year. The exceptions to that rule are Delaware, Hawaii, Illinois, Iowa, Minnesota, New Hampshire, New Jersey, New York, North Dakota, Ohio, Pennsylvania, and South Dakota.

South Dakota 105

South Dakota North Dakota Real Estate Washington 105

CPA Practice

JANUARY 3, 2024

Floridians can buy many items tax-free for about two weeks, until Jan. Property taxes by state Pennsylvania residents can now benefit from an increase in the rent/property tax rebate, which has gone up from $650 in 2023 to $1,000 this year in 2024. Massachusetts now has one of the highest child tax credits in the U.S.

Tax 128

Tax Kansas income tax Montana 128

Going Concern

FEBRUARY 26, 2024

And I’m also feeling a lot of guilt in looking back… — Brenda Cannon, CPA (@bsuecannon) February 23, 2024 The Marines have achieved the seemingly impossible : The U.S. ” Pennsylvania Auditor General Timothy L. Price and his tax return preparation business, Price’s Accounting Firm Inc.,

audit 56

audit Mississippi auditor tax return 56

CPA Practice

APRIL 10, 2023

States typically take one of five different approaches to taxing accommodations: A single, statewide tax on accommodations but no additional local taxes (e.g., Connecticut, Maine, New Hampshire) A combined state/local sales tax on accommodations and local jurisdictions can impose an additional local accommodations tax (e.g.,

Tax 85

Tax West Virginia Wisconsin Virginia 85

CPA Practice

APRIL 16, 2024

The Bidens paid a penalty in the amount of $285 for not making enough estimated federal income tax payments before filing the return. The White House noted that this was the 26th year the Bidens publicly disclosed their tax returns, offering an implicit contrast with former President Donald Trump. ©2024 Bloomberg L.P.

Tax 111

Tax income tax tax return Pennsylvania 111

Going Concern

JULY 8, 2022

Plus, Pennsylvania accountant loves tax evasion, North Carolina CPA indicted on securities fraud charge, and Kentucky accountant gets jail time for sex trafficking. Hammer, who pleaded guilty in August 2018 to one count of filing a false tax return, was the financial officer for various companies controlled by Michael D.

North Carolina 52

North Carolina Account accountant accounted 52