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Bitcoin Daily: Ant Financial Starts Pilot For SMB Blockchain Network; Wyoming Announces Regulations For Crypto Custodians

PYMNTS

Ant Financial will also include educational and certification agencies as nodes to boost the network’s credibility. In other news, the state of Wyoming has released several new custody rules focused on its special purpose depository institutions (SPDIs) (also known as “blockchain banks”).

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IRS Direct File is Now Officially Open for Use in 12 States

CPA Practice

The 12 states participating in the Direct File pilot program this filing season are: Arizona California Florida Massachusetts Nevada New Hampshire New York South Dakota Tennessee Texas Washington Wyoming Users can log in to Direct File to start their return and complete it any time before the April filing deadline.

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What’s new in sales tax?

TaxConnex

Five states follow with 4% rates: Alabama, Georgia, Hawaii, New York and Wyoming. 1, 2024, the rate will drop to 2% if the state’s Education Trust Fund meets a specified growth requirement (or if the fund meets the requirement in a future fiscal year). California has the highest statewide sales tax rate, at 7.25%. from 4% to 3%.

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How SUI and State Income Taxes Affect Small Businesses

CPA Practice

Plus, currently, nine states do not levy a state income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming, although Washington does impose a state capital gains tax. How to Register for SIT The department where employers register for SIT also varies by state.

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IRS Direct File Launches for Low-Income Taxpayers in 12 States

CPA Practice

Starting later this year, taxpayers in 12 states — Arizona, California, Florida, Massachusetts, New Hampshire, Nevada, New York, South Dakota, Tennessee, Texas, Washington, and Wyoming — will have access to a new program from the IRS called Direct File.

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Friday Footnotes: Bob Moritz Disappoints Us; ERC Window Slamming Shut; 2024 Sucks For Firms? | 3.22.24

Going Concern

Audit City Of Rawlins Opts To Select New CPA’s For City Audits [ Bigfoot99 News ] Here’s how much a city audit costs in Wyoming. Under the premise of attracting talent, Minnesota lawmakers are proposing to lower Minnesota’s CPA education standards. It’s not easy but it’s worth it.”

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Professionals on the Move – August 2023

CPA Practice

has over 10 years of experience providing high-quality consulting, advisory and auditing services to clients across various industries, particularly in healthcare, technology, financial services, higher education, professional services and energy. Her areas of expertise include look-back reviews, taxability matrices and audit defense.