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Special Report: 2025 Readers’ Choice Awards

CPA Practice

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions. million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

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Monday Morning Accounting News Brief: Former IRS Chief Goes to Work For Company Raided By the IRS; India Still Hoping to Be Big 5 | 6.9.25

Going Concern

The Indian government is considering the establishment of home-grown consulting firms to rival the Big Four—Deloitte, PwC, EY, and KPMG, reported Moneycontrol citing government sources. He said the alerts also “distract” from one of his office’s other main tasks, bird-dogging the “mega agencies” of state government.

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Mastering U.S. Federal Payroll Compliance

CPA Practice

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions. million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

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Understanding the Taxability of Your Products and/or Tech Services

TaxConnex

Nebraska taxes sales of “content cards” or “digital release cards” that allow purchasers to download specific digital goods if the product is taxable in other circumstances. Others use the Streamlined Sales Tax definition from the Streamlined Sales Tax Governing Board. Some states tax ringtones as digital products and some don’t.

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Taxation of services

TaxConnex

1, excluding government services. Nebraska will reconsider a carried-over 2021 bill to extend sales tax to services and, effective this October, lower the state sales tax rate back to 5% with later adjustments possible. The bill excludes B2B transactions. Right now, services are generally non-taxable in Indiana.

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Excise Tax versus Sales Tax

TaxConnex

Federal, state, and local governments can all impose excise taxes. The lowest per-capita excise tax states have included South Carolina, Nebraska, Idaho, and Arizona. Latest estimates are that at the federal level the U.S. collects about 4% of its revenue from excise taxes.

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Second Google Lawsuit May Be Filed Next Month By State AGs

PYMNTS

The states involved include Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee, and Utah, according to Reuters. The group is sometimes referred to as the Colorado/Nebraska group and has said it could combine its case with the larger one from the The Department of Justice (DOJ).