TaxConnex

MARCH 3, 2022

Understanding the taxability of your company’s products or services is one of the key steps to complying with sales and use tax laws. Services” are not tangible and can be an entirely different animal in terms of taxability. Services” are not tangible and can be an entirely different animal in terms of taxability.

Indiana 187

Indiana Connecticut Nebraska Maryland 187

TaxConnex

DECEMBER 15, 2022

Gain insight into Brian's career and his plans for our future as well as how sales tax has evolved over the years. My career has predominantly been in the selling field and over the last 20+ years selling sales tax services. For the first 9 years I was the sole sales and marketing person in the business.

Tax 130

Tax Sales tax services Start-ups 130

Cherry Bekaert

MAY 22, 2024

Contributor: Michael Wallach, Senior Manager, Tax Services Established by the Tax Cuts and Jobs Act, the Opportunity Zone program has been a focal point for investors seeking tax incentives while simultaneously revitalizing economically distressed communities.

Tax 106

Tax Real Estate Sales tax services 106

Going Concern

JANUARY 4, 2024

Dion provides audit, review and attest services to public and private companies in a variety of industries including technology and life sciences, government, not-for-profit, hospitality and corporate social responsibility. International Tax Services). Mo Huda (Dallas, Texas, State & Local Tax Services).

Real Estate 57

Real Estate Hospitality Construction Texas 57

Withum

MARCH 16, 2022

Government issued Executive Order 14068 prohibiting certain imports, exports and new investment with Russia. Persons in any sector of the Russian economy as to be determined by the Secretary of the Treasury; exportation, reexportation, sale, or supply, directly or indirectly, of U.S. Business Tax Services. Contact Us.

Sports 121

Sports Government Finance tax services 121

Withum

NOVEMBER 14, 2022

The IRS’s decision to grant late-filing relief in this context is not that surprising or ground-breaking, but it does highlight an important tax strategy that we are starting to see with increasing frequency. Section 1202 generally provides for the full or partial exclusion of capital gain realized on the sale of QSBS. QSBS Generally.

tax return 113

tax return Entertainment Tax Sales 113

Withum

JULY 25, 2022

Our dedicated team of Withum COVID relief experts has helped hundreds of organizations determine eligibility for a variety of COVID-related government relief programs. Business Tax Services. For more information on this topic, please contact a member of Withum’s Business Tax Services team. Contact Us.

New York 78

New York tax services business tax payroll 78

CPA Practice

OCTOBER 18, 2023

What are the compliance challenges for selling on-demand services? With 13,000+ sales and use tax jurisdictions in the United States, just calculating sales tax correctly can be challenging. But for on-demand service marketplaces, knowing what to tax, when, and how much can be even more complicated.

Tax 52

Tax Sales audit tax services 52

Withum

NOVEMBER 29, 2023

Federal income tax or information return reporting more than $5 million in U.S.-source source gross receipts or sales (net of returns and allowances). Reporting companies can also hire a third-party service provider to submit information to FinCEN on their behalf. Do exempt entities need to file a report? See FAQ #A.3.

Legal 115

Legal Non-Profits income tax Tax 115

MyIRSRelief

DECEMBER 10, 2021

When it comes to matters regarding taxes and tax breaks, it’s important to know where you stand. The demand for professional tax services as of late is greater than ever before and if you’re a taxpayer yourself, you’ll instantly understand exactly why that is. Taxes for the storage, use, or consumption of items.

Tax 100

Tax income tax tax planning tax return 100

Withum

NOVEMBER 29, 2023

Federal income tax or information return reporting more than $5 million in U.S.-source source gross receipts or sales (net of returns and allowances). Reporting companies can also hire a third-party service provider to submit information to FinCEN on their behalf. Do exempt entities need to file a report? See FAQ #A.3.

Legal 91

Legal Non-Profits income tax Tax 91

Withum

JUNE 22, 2022

The callers are asking about the exclusion for capital gain on the sale of qualified small business stock (QSBS). By the time they reach me, the callers have already spoken with their local tax advisors and/or looked on the internet, and they know there is a 5-year holding period in order to qualify for the QSBS exclusion in section 1202.

Entertainment 122

Entertainment Sales Tax Start-ups 122

Cherry Bekaert

APRIL 24, 2023

Prior to the amendment, the law largely applied to interstate cigarette sales and was intended to promote greater legal and tax compliance with respect to -the cigarette industry. Before the sale or delivery, sellers must pay any cigarette excise tax by the state or local government.

Legal 40

Legal Tax Sales Government 40

Withum

APRIL 24, 2023

It also affects investors’ ability to exclude capital gain realized on the sale of stock if the requirements of section 1202 are met. If you want a quick overview of the rules governing QSBS, you can read about them here. The rules governing QSBS are complex.

Real Estate 78

Real Estate Tax Government accounting and finance 78

Withum

JUNE 1, 2022

Utilizing LIFO when costs are rising due to inflation is generally advantageous for income tax purposes because sales prices are offset by higher inflated purchase costs. Company A would recognize taxable income of $17,050, increasing their taxable income by 24%, even though the same number of sales took place. Potentially.

business tax 119

business tax Tax income tax tax return 119

xendoo

JANUARY 16, 2023

How Much Do Small Businesses Pay in Taxes by State? How Are Small Businesses Taxed? Depending on your business structure and income, you may be subject to one or more types of taxes. Likewise, employers pay State Unemployment Tax Act (SUTA) taxes to fund state unemployment benefits.

business tax 52

business tax Tax income tax payroll tax 52

Withum

SEPTEMBER 6, 2022

This could mean maximizing the ERP system through enabling the ability to have a faster sales turnover coupled with strong backend operations. Technical issues also exist with relying on e-commerce platforms to facilitate sales for Cannabis. Leveraging and existing ERP solution to expand business beyond the current operational scope.

E-commerce 52

E-commerce Management Consulting Retail Transportation 52

CPA Practice

FEBRUARY 19, 2024

Based in New York, Schell has more than 25 years of experience providing technical services to a range of asset management clients including alternative investment funds under various investment trading strategies and complex capital structures. a small accounting firm focused on providing tax services.

New Hampshire 65

New Hampshire audit accounting and finance Non-Profits 65

CPA Practice

FEBRUARY 1, 2024

Based in New York, Schell has more than 25 years of experience providing technical services to a range of asset management clients including alternative investment funds under various investment trading strategies and complex capital structures. a small accounting firm focused on providing tax services.

New Hampshire 52

New Hampshire audit accounting and finance Non-Profits 52

Withum

JULY 26, 2023

Generally, entities that can make a direct-pay election include tax-exempt organizations, State or political subdivisions, local governments, Indian tribal governments, Alaska Native Corporations, the Tennessee Valley Authority, rural electric co-ops, U.S. Once an election is made to transfer a credit, it is irrevocable.

Tax 52

Tax tax return Alaska Tennessee 52

PYMNTS

JUNE 10, 2020

Wayfair , which stated that online retailers could be mandated to collect sales tax – and that taxes could be levied on companies that do not have a physical presence in those states. So far, at least some merchants have flown “under the radar” of tax collection because they have not hit certain sales thresholds.

South Dakota 52

South Dakota Tax Sales tax services 52

Withum

OCTOBER 11, 2023

Therefore, for a contract researcher not to be considered as incurring §174 R&E expenditures, the contractor must be able to document that they bear no financial risk and do not have the right to use, or otherwise exploit, any resulting R&E products through sale, lease, or license.

income tax 80

income tax Tax accounting standards accounting and finance 80

Going Concern

JULY 31, 2023

Market concentration in the consultancy industry came to a head this year after it was revealed PwC partners had misused information by passing on confidential Federal Government information to clients, sparking the sale of its consulting business to Allegro Funds to $1.

auditor 92

auditor Account accountant accounted 92

Withum

NOVEMBER 17, 2022

Doing so may enable you to claim larger deductions, credits, and other tax breaks for 2022 that are phased out over varying levels of adjusted gross income (AGI). Postponing income also is desirable for taxpayers who anticipate being in a lower tax bracket next year due to changed financial circumstances. Energy credits.

tax planning 98

tax planning Tax Construction income tax 98

Going Concern

JANUARY 19, 2023

government. Las Vegas tax preparer sentenced to prison for multiple fraud schemes King Isaac Umoren was sentenced to 13 years and three months in prison for filing false tax returns, aggravated identity theft, wire fraud, money laundering and impersonating an FBI agent. He was also ordered to pay nearly $9.7 ” 3. .

Tax 62

Tax tax return Gambling tax preparation 62

PYMNTS

MARCH 15, 2019

Ongoing regulatory changes and persistent uncertainty mean that that importance will continue even outside of tax season, with challenges that even the most automated of accounting software solutions cannot always tackle. Reports in The Washington Post in June noted that the government missed out on a combined $13.7

Tax 77

Tax Account accountant accounted 77

Cherry Bekaert

FEBRUARY 2, 2024

However, the delayed impact of recycling sale proceeds into new investments and new funds likely will not be fully realized for several more years. Federal government. Fundraising in 2023 posted mixed results.

accounting and finance 83

accounting and finance California cpa firm CPA 83

Going Concern

OCTOBER 21, 2022

By working together, administrators, sales departments, recruiters, and managers collectively power the entire company. Lawyers are often a company’s management, sales team, recruiters, and product all rolled into one. I had to stop going to H&R block for my taxes at some point. I learned in progress and it’s okay.”.

audit 73

audit CPA accounting firms accounting and finance 73

MyIRSRelief

APRIL 15, 2021

Lately, there has been a lot of talk surrounding R&D tax credits, and how they can potentially benefit large and small companies alike, regardless of which industry you happen to be involved in. Research which is funded by any grant, contract, or otherwise via another person or a government entity. Technological uncertainty.

Tax 100

Tax payroll tax tax return Start-ups 100

Going Concern

APRIL 14, 2023

PwC note advises clients to sell assets before Sinn Féin takes power [ The Irish Times ] Now that’s client service! The paper said actions clients could take to mitigate the impact include accelerating “asset sales”, “pension contributions”, “gifts”, and bonuses and dividends. The accord is scheduled for implementation next year.

Tax 100

Tax auditor audit accounting firms 100

LyfeAccounting

MAY 5, 2021

Now, most people know about capital gains tax from the real estate they own. But, the capital gains tax extends beyond just real estate. You have capital gains tax on: stocks, bonds, business investments, sale of a business, …and even high-end jewelry is subject to capital gains taxes.

Tax 52

Tax Real Estate Start-ups income tax 52

CPA Practice

JANUARY 19, 2024

Dossani added that, while his firm still realizes about 40 percent of its revenues from outsourced accounting/bookkeeping type services, he sees that diminishing rapidly to about one third of CAS revenues. Sales tax laws will continue to get more complicated and states more aggressive in enforcement – Diane Yetter.

accounting firms 78

accounting firms Account accountant accounted 78

Withum

JANUARY 25, 2023

The federal government has provided significant credits for many clean energy purchases, including commercial vehicles, charging stations, and solar panels. Contact Us For more information on this topic, please contact a member of Withum’s Business Tax Services Team. appeared first on Withum.

Tax 81

Tax income tax Real Estate Start-ups 81

PYMNTS

JANUARY 8, 2018

H&R Block and Liberty Tax Services both offer a similar promotion to get customers through the door, promising early, interest-free tax refund loans of $500-$3,000 for qualified customers. Cannabis remains classified as a Schedule 1 narcotic by the federal government. So, what did we learn this week?

Tax 42

Tax Louisiana Legal Colorado 42

Ryan Lazanis

APRIL 4, 2022

In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years. Marketing your bookkeeping services to find new clients. Chapter 3: Market Your Services. Chapter 4: Implement a Sales Process. Advisory Services?

bookkeeping 98

bookkeeping bookkeeping services accounting firms Technology 98

Ryan Lazanis

JUNE 8, 2023

Check out this screenshot below taken from Future Firm Accelerate: This interactive environment acts as a powerful catalyst for discovering and connecting with clients or referral partners who are in need of assistance with tax services, financial filings, and various other financial processes.

online accounting 52

online accounting Account accountant accounted 52