Tue.Feb 09, 2021

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Selling Into States with Unusual Sales Tax Laws

TaxConnex

If you sell into the handful of states that don’t have nexus or don’t have a general sales tax, you might think you’re home free when it comes to obligations to remit sales tax. Maybe, and maybe not. Forty-five states and the District of Columbia have a statewide sales tax. Alaska, Delaware, Montana, New Hampshire and Oregon do not. ( Local jurisdictions in some of these, however, can charge sales tax based on state nexus thresholds and other criteria. ) Florida and Missouri have sales tax but h

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QuickBooks Online Accountant’s “Your Books” Getting an Upgrade

SchoolofBookkeeping

When QBOA was first introduced, Accounting Firms who signed up for it received a free “Your Books” subscription. The idea was the Accountants could use this to keep track of their own books and be able to recommend QBO to. Read More. The post QuickBooks Online Accountant’s “Your Books” Getting an Upgrade appeared first on schoolofbookkeeping.com - Learn bookkeeping, accounting, QuickBooks, financial statements, and more.

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Los Angeles Based CPA Firm Announced New Principal, Stacey R. Korman, CPA, MST

KROST

Pasadena, CA. – KROST CPAs and Consultants, the Los Angeles based firm, has announced a new Principal, Stacey R. Korman, CPA, MST. Stacey has extensive experience in assurance & advisory and accounting services and since joining the firm she has led the accounting and audit departments. As an AICPA certified Fundamental Client Accounting Advisor, Stacey leads KROST’s Client Accounting Service (CAS) division.

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Tax Benefits of S-Corporation: How Does a S-Corp Save Taxes?

LyfeAccounting

?. What are the tax benefits of S-Corps? Today, we’re going to answer that question and more! And here’s a quick note: We recently saved our client over $95,000 in taxes by making one small change – you guessed it right, helping her switch from an LLC to an S-Corp. And if you are still being taxed, let’s say as an LLC instead of an S-Corp, you may be giving uncle sam a bit more money than you have to.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Thomson Reuters Launches New Paid Leave Tax Credit Eligibility Tool

ThomsonReuters

Background. Under the Families First Coronavirus Response Act (FFCRA), certain employers were required to provide paid leave to workers who were unable to work or telework due to circumstances related to COVID-19 (Qualified Paid Leave). FFCRA offsets the costs of providing Qualified Paid Leave, up to certain amounts, with refundable tax credits against employment taxes for qualified leave wages taken beginning April 1, 2020 and ending December 31, 2020.

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The Sloth

RitaKeller

“In skating over thin ice our safety is in our speed.” – Ralph Waldo Emerson. A few years ago we enjoyed a unique trip to Costa Rica. We didn’t go to a resort or spend time at a tourist beach. We saw the country via land, sea, and air – the middle, the south, and the north. We were lucky to observe sloths in the wild. The ones we saw didn’t move.

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Viva – Microsoft’s Productization of Employee First Solutions

Withum

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