Withum

NOVEMBER 17, 2022

The Wayfair case validated economic nexus for sales tax purposes and amplified economic nexus for income tax purposes, signaling to all states that economic nexus is sound law. Economic nexus presents risk and opportunity for service providers. Income tax apportionment. State payroll withholding.

tax planning 52

tax planning Tax income tax CPA 52

MyIRSRelief

MAY 15, 2024

Nonprofit Tax Service by Mike Habib, EA Nonprofit organizations play a crucial role in society, offering valuable services and advocacy. However, managing tax compliance can be a significant challenge due to the complex nature of tax laws and regulations. Q: My nonprofit is tax-exempt. A : Not quite!

Tax 130

Tax payroll tax payroll tax preparation 130

Going Concern

OCTOBER 21, 2022

When she’s not leading those 16,000 members of her Deloitte team, Abrash is wearing a different hat – literally a different hat – as the manager and first baseman of the Cougars, a competitive women’s softball team in New York City. The post Friday Footnotes: KPMG Is Twice as Bad as Other Firms; Upskill or Die; Hella M&A | 10.21.22

audit 80

audit CPA accounting firms accounting and finance 80

Withum

JULY 28, 2023

Enacted on July 21, 2023, New Jersey A4694 creates a “Convenience of Employer” rule, affecting both employers and employees for payroll tax reporting purposes. This resulted in New Jersey losing significant tax revenue to New York’s rule. The grant applications must be filed on or before July 1, 2028.

New Jersey 94

New Jersey payroll tax payroll Tax 94