TaxConnex

AUGUST 9, 2022

95 , beginning July 1, 2023, local tax collectors have to provide notice of their intent to audit that also “advise[s] the taxpayer that the taxpayer may request a multi-parish audit.”. Several states tinkered with their sales tax exemptions this summer. Among them, alphabetically: Idaho will exempt qualified?semiconductor

Sales

CPA Practice

AUGUST 19, 2024

A proud Army veteran, Steven is based in Meridian, Idaho, and continues to drive innovation and excellence in his field, delivering exceptional results for his company and clients. Steven’s dedication to his work and his team have earned him the respect of his colleagues and peers.

Technology

CPA Practice

JUNE 12, 2024

A proud Army veteran, Steven is based in Meridian, Idaho, and continues to drive innovation and excellence in his field, delivering exceptional results for his company and clients. Steven’s dedication to his work and his team have earned him the respect of his colleagues and peers.

Technology

CPA Practice

MARCH 21, 2024

This blog post sheds light on what makes personal property tax compliance in certain states particularly tricky. The personal property tax forms and procedures conundrum Filing property tax returns is the first hurdle your company must overcome if you do business in any of the 37 states that tax tangible personal property.

Rhode Island

CPA Practice

APRIL 14, 2023

have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return, the IRS said on Wednesday. billion in refunds remain unclaimed because people have not filed their 2019 tax returns yet. People face a July 17 deadline to file their returns. million people across the U.S.

Rhode Island

CPA Practice

APRIL 13, 2023

have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return, the IRS said on Wednesday. billion in refunds remain unclaimed because people have not filed their 2019 tax returns yet. People face a July 17 deadline to file their returns. million people across the U.S.

Rhode Island

ThomsonReuters

APRIL 9, 2021

Employers were reimbursed with a payroll tax credit or a refund if the cost exceeded their tax liability. Credits were claimed through Form 941, the quarterly employment tax return. Fast forward to 2021, as the COVID-19 crisis continues, the federal unemployment rate held steady at 6.2% in February.

Hawaii

CPA Practice

APRIL 10, 2023

States typically take one of five different approaches to taxing accommodations: A single, statewide tax on accommodations but no additional local taxes (e.g., Connecticut, Maine, New Hampshire) A combined state/local sales tax on accommodations and local jurisdictions can impose an additional local accommodations tax (e.g.,

Tax

RitaKeller

JULY 18, 2022

What if no one is willing to pay New York City wages for people who work in Idaho?” Qualified people will prepare your tax returns (and many other tasks) for much less money. “What if wages drop? ” – Suzanne Lucas . Just some thoughts today about remote workers. Also, some questions for firm owners.

Idaho

PYMNTS

JANUARY 24, 2020

Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. New York offers retirees direct deposit for disbursements, for example, and agencies in Idaho now facilitate digital payouts for child support payments. Forty-four out of the 50 U.S.

Government

CPA Practice

APRIL 19, 2024

Register for sales tax where required, when required Marketplace facilitators that have physical presence or economic nexus with a state must register for a sales tax permit (also known as a seller’s permit, etc.). In other states, only one permit is needed. Filing requirements vary by state, and in some states, by locality.

Tax

Going Concern

SEPTEMBER 2, 2022

More States To Join The Flat Tax Club [ Forbes ] After lawmakers in nearly 10 states enacted income tax cuts in the first half of 2022, a string of special sessions in the second half of the year is resulting in further income tax relief and strengthening the recent trend of states moving from graduated to flat income taxes.

North Carolina