article thumbnail

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.

article thumbnail

Monday Morning Accounting News Brief: FAR Isn’t That Hard If You’re Drunk; Late Muni Audits Piling Up | 3.10.25

Going Concern

She wanted to help collect more money for the federal government. Staffing is one of the most commonly cited reasons by local governments for filing late audit reports. The number of available certified auditors is also declining due to firm mergers, retirements, and firms leaving the government auditing space.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

There Are Only Two Firms in Wyoming That Can Do Government Audits and One Can’t Do Its Job Because of Staff Shortages

Going Concern

Ten months after that story, here’s a specific tale out of Wyoming. The firm works with the local governments to compile information for the audit throughout the year. According to the Press , there are only two firms in the entirety of Wyoming that can do government audits.

article thumbnail

Why are some states’ sale taxes higher than others?

TaxConnex

Why do the states with sales taxes have such a range, from the high combined state and local taxation (pushing 10%) of Louisiana, Tennessee, Arkansas and Washington to the lows of Alaska , Wyoming and Maine. The lowest state-level sales tax (aside from the NOMADs) is in Colorado, Alabama, Georgia, Hawaii, New York and Wyoming.

article thumbnail

Crypto, NFTs and sales tax: What we know so far

TaxConnex

Crypto appears to offer a hedge when economies wobble and recently captured headlines as a monetary rescue for a war-battered Ukrainian government. There’s similar interest in California, Arizona, New York, Hawaii and Massachusetts – not to mention the federal government, which may soon explore digital currency for the U.S.

article thumbnail

Bitcoin Daily: US Sanctions Two Russians For Alleged $16.8M+ Crypto Theft; Bahamas' Sand Dollar To Launch; Kraken Gets Go-Ahead For Wyoming Bank Charter

PYMNTS

Just under $50,000 of Sand Dollars on the balance sheet of the monetary authority, but the effort reportedly puts the country on the leading edge of a worldwide competition to make cryptocurrencies backed by governments. SPDIs, for their part, are not allowed to provide loans, and every institution has to hold all of its assets in reserve.