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Oklahoma State Tax Updates

Withum

For the latest news and updates on Oklahoma state and local tax. Oklahoma Tax Commission Determines Taxpayer’s Prosthetic Device Sales Were Exempt from Sales Tax. An Oklahoma Tax Commission Letter Ruling (Okla. Tax Comm’n. Oklahoma Income Tax Return Now Due July 15.

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Oklahoma Man Pleads Guilty to Employment Tax Scheme

CPA Practice

An Oklahoma man pleaded guilty yesterday to willfully failing to pay employment taxes withheld from his employees’ wages. in Adair, Oklahoma. White filed a Form 941 for the first quarter of 2016, but intentionally did not pay over approximately $31,010 in taxes withheld from employees’ paychecks. Attorney Clinton J.

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Betting on the Super Bowl? Don’t Forget About Taxes

CPA Practice

However, if you are among the 68 million people expected to place bets on the big game, you need to know that taxes are part of the equation. So, as we start tax season, here’s what you need to know about what your Super Bowl bet has to do with your tax return. Super Bowl 2024 is on Sunday, Feb. Usually, the payer (e.g.,

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$1.5 Billion in Unclaimed Tax Refunds from 2019 Set to Expire in July 2023, Says IRS

CPA Practice

million people across the nation (state-by-state list below) have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return. billion in refunds remain unclaimed because people haven’t filed their 2019 tax returns yet. Need to file a 2019 tax return?

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State Legislative Update: Tax Relief Opportunities and New Tax Obligations Enacted in 2022

ThomsonReuters

The Delaware legislature passed legislation that created the 2022 Delaware Relief Rebate Program to provide resident, individual income taxpayers a one-time, retroactive, refundable income tax credit in the amount of $300. The tax credit is referred to as a “relief rebate.”

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Key State Tax Changes for 2024

CPA Practice

Taylor, Kiplinger Consumer News Service (TNS) As we venture into the new year, 2024 brings a wave of changes in state taxes across the country. From gas taxes to property tax amendments and income tax cuts, being aware of these changes is crucial since state and local taxes are among the highest taxes most people pay.

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Friday Footnotes: Working Late; The Year of the ESOP?; It’s Not Layoffs, It’s “Repositioning” | 1.5.24

Going Concern

Law & Order From the Crime Desk, December 2023 [ Thomson Reuters ] Just one of the many cases listed here: Former Illinois resident, Erica Early, a postal worker who also worked as a tax preparer, was sentenced to 14 months in prison for willfully preparing false tax returns on behalf of her clients.