Withum

JUNE 17, 2025

For example, the SFC proposal would not increase the current $10,000 state and local tax (SALT) deduction limitation to $40,000, as the BBB would, and not including the increased limit in the BBB is a non-starter for many House representatives (the so-called SALT Caucus) from high-tax states such as New York, New Jersey, Illinois and California.

New Jersey

CPA Practice

OCTOBER 22, 2024

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.

payroll

TaxConnex

JANUARY 28, 2021

The Illinois Department of Revenue issued a general information letter discussing the sales and use taxability of web-based service. It’s reported to bring about $9 million in revenue annually.

Sales

TaxConnex

JULY 12, 2022

The bill also extends the sunset date of the sales tax exemption for the purchase of high-technology data center equipment to Dec. Illinois requires retailers to notify customers of the suspension of the state 1% rate of sales and use tax on retail sales of groceries, effective July 1 through June 30, 2023. Indiana modified?

Sales

TaxConnex

JANUARY 11, 2022

But even a portion of taxable items renders a whole shipment’s shipping cost subject to sales tax in Kentucky, New Mexico, New York and Pennsylvania. Stating the shipping cost separately on the invoice affects its taxability in Alabama, Arizona, Illinois, Iowa, Maryland, Oklahoma, Utah, Virginia and Wyoming.

Sales

TaxConnex

SEPTEMBER 26, 2023

Usually all retail sales of tangible personal property (TPP) are taxable, but many states have started to tax services. Who the customer is and what they’ll use the TPP for can create a sales tax exclusion, too, such as when selling to a church or government agency. Taxability. Yet again, this can vary.

Sales

TaxConnex

APRIL 18, 2023

The Illinois Department of Revenue has issued a general information letter discussing applicability of sales and use tax to the sales of various digital goods by a digital goods distributor (taxpayer). Under the statute, a provider of software-as-a-service acts as a serviceman.

Sales

Going Concern

MARCH 9, 2023

Edwards Engineering engaged Alliantgroup to conduct an Energy Efficient Commercial Building Tax Deduction Study for the work it performed in 2012 and 2013 on a Hines VA Medical Center in Illinois. Edwards Engineering then claimed a deduction of $1,037,237 under §179D for the 2013 tax year.

Tax

Going Concern

FEBRUARY 16, 2024

This is according to the Illinois CPA Society (ICPAS), which surveyed 449 employers and 433 accounting and finance employees last summer and released its results last month. I’m a professional tax preparer.” New this year, people can easily find step-by-step help to file their personal federal income tax return.

Real Estate

Xero

JULY 7, 2022

I am originally from Naperville, Illinois and I’m currently a senior studying accounting and business analytics at the Tippie College of Business at the University of Iowa. This summer, I am working at Deloitte as a Business Tax Services Intern in their Chicago office. Tell us a bit about yourself.

Iowa

CPA Practice

OCTOBER 23, 2024

Email (Required) Number of Employees at Your Firm (Required) Number of Employees at Your Firm Sole Proprietor 2 To 4 5 To 9 10 To 19 20 To 49 50 Or More Full Name (Required) State / Province (Required) State / Province Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas (..)

Rhode Island

CPA Practice

AUGUST 26, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million How many clients does your firm serve? million – $4,999,999 $5 million – $10,000,000 Over $10 million How many clients does your firm serve?

Rhode Island

CPA Practice

SEPTEMBER 20, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million What is the biggest document challenge your firm faces? million – $4,999,999 $5 million – $10,000,000 Over $10 million What is the biggest document challenge your firm faces?

Rhode Island

CPA Practice

SEPTEMBER 3, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Which practice management system do you use? million – $4,999,999 $5 million – $10,000,000 Over $10 million Which practice management system do you use?

Rhode Island

CPA Practice

SEPTEMBER 17, 2024

His extensive background in M&A and succession planning-related tax services, combined with his success in crafting personalized tax strategies for business owners, positions LGA to better serve our clients in today’s ever-evolving tax landscape.

Construction

CPA Practice

JULY 19, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Do you have a document management system? million – $4,999,999 $5 million – $10,000,000 Over $10 million Do you have a document management system?

Rhode Island

CPA Practice

FEBRUARY 19, 2024

Adams received her Bachelors and Masters in Accounting from Northern Illinois University. Maxwell Kubas , Tax Manager, has approximately 5 years of experience in public and private accounting, and has provided tax and consulting services to a variety of companies, ranging from family-owned businesses to Fortune 100 organizationsMr.

New Hampshire

CPA Practice

JUNE 27, 2024

Baker Tilly Names Lynette Stolarzyk Managing Partner of Tax Services Leading advisory CPA firm Baker Tilly US, LLP (Baker Tilly) recently announced the appointment of Lynette Stolarzyk J.D., as the managing partner of tax services. He spent the first nine years of his career in Crowe’s Audit & Assurance business.

Healthcare

CPA Practice

FEBRUARY 1, 2024

Adams received her Bachelors and Masters in Accounting from Northern Illinois University. Maxwell Kubas , Tax Manager, has approximately 5 years of experience in public and private accounting, and has provided tax and consulting services to a variety of companies, ranging from family-owned businesses to Fortune 100 organizationsMr.

New Hampshire

Going Concern

JANUARY 5, 2024

As the accounting industry continues to move away from commoditized audit and tax services to value-based delivery of holistic business solutions, technology is key to enhancing this value through increased efficiencies and heightened support of our role as trusted business advisors. District Court ended the litigation.

tax return

TaxConnex

JANUARY 24, 2023

Delivery charges in Maine are exempt from sales tax if shipment is direct to the purchaser, shipping charges are separately stated and shipment is made by common or contract carrier or the U.S. Shipping is taxable in Illinois, by the way, after years of confusion.

Sales

Withum

FEBRUARY 26, 2025

The remaining 12 states have adopted a flat individual tax rate. These states joined Colorado, Illinois, Indiana, Kentucky, Michigan, North Carolina, Pennsylvania, and Utah, which have flat rates. We also see tax rates being lowered in states that have graduated tax rates. Arkansas saw rates dropping from.9%-7%

income tax

CPA Practice

NOVEMBER 4, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million What is the biggest document challenge your firm faces? million – $4,999,999 $5 million – $10,000,000 Over $10 million What is the biggest document challenge your firm faces?

Rhode Island

CPA Practice

OCTOBER 30, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million What software or tools are you using to manage your engagements, or how does your team currently manage client engagements and reporting processes?

Rhode Island