Going Concern

JUNE 5, 2025

TAX & ACCOUNTING CANDIDATES FTE Tax and Accounting / Senior | Candidate ID #18173947 Certifications: CPA Education: BBA Finance Experience (years): 5 years accounting and tax experience Work experience (detail): All in public accounting 6 tax seasons experience, 3 working remotely Prepared complex returns for HNWIs, partnerships, S and C Corps (..)

Real Estate

CPA Practice

JUNE 18, 2025

Randall is the national practice leader for the firm’s International Tax Service line and has more than 25 years of experience in public accounting. In this role, Joel led the organization’s shift to a value-focused commercial mindset, driving significant sales growth year-over-year.

Technology

Accounting Today

JUNE 19, 2025

Between 2002 and 2018, he generated millions of dollars in gross receipts sales. Whitman also has not filed an individual income tax return since 1997 and has made no tax payments since 2000. In 2012, the IRS assessed nearly $800,000 in taxes against Whitman for 2002 through 2009 and began trying to collect.

Tax

CPA Practice

JULY 2, 2025

” Founded in 1991 by Elliot Melamed and Steve Karp, Elliot Melamed PA includes five CPAs and a support staff, and serves hundreds of clients by providing assurance services, tax services, and consulting.

Florida

Accounting Today

JUNE 18, 2025

border crossing in St-Bernard-de-Lacolle, Quebec Andrej Ivanov/Bloomberg Ryan, a global tax services firm based in Dallas, recently launched the Ryan Tariff Task Force to help clients deal with the complex interplay between taxes and the constant threat of tariff increases. For instance, is it increasing sales tax?

Technology

Withum

DECEMBER 4, 2024

Doing so may enable you to claim larger deductions, credits, and other tax breaks for 2024 that are phased out over varying levels of adjusted gross income (AGI). Doing so may enable you to claim larger deductions, credits, and other tax breaks for 2024 that are phased out over varying levels of adjusted gross income (AGI).

tax planning

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

JULY 12, 2022

There’s always something changing in the world of tax, especially sales tax. The fee will apply when at least one item is subject to sales or use tax and the delivery is mailed, shipped or delivered by motor vehicle. Wholesale sales or sales of exempt goods are not subject to the fee.

Sales

TaxConnex

OCTOBER 1, 2020

sales tax post- Wayfair is confusing enough. You’ve heard it before that US sales & use tax laws are some of the most confusing, but how are things done with our neighbor to the north? The tax rates. Collectively, jurisdictions in Canada do impose less diverse sales tax obligations than U.S.

Sales

Cherry Bekaert

MARCH 14, 2024

market, business owners must learn about the federal, state and local tax systems they will encounter. Sales tax in the U.S. is quite different from a value-added tax (VAT) or a goods and services tax (GST) assessed by many other countries. Listen to learn more about: 03:54 – GST tax vs. U.S.

tax services

MyIRSRelief

OCTOBER 3, 2022

There is a substantial amount of time you have to file your taxes, but the process can seem hefty. With the help of Los Angeles tax services firms, you can receive information on your tax return, the amount you owe, and various resources for tax preparation service. Los Angeles Unpaid Back Taxes Service.

tax services

TaxConnex

MAY 2, 2023

Mike Dunleavy is reportedly preparing to introduce a sales tax as part of a long-term budget plan for the state. Five states don’t have a statewide sales tax: New Hampshire, Oregon, Montana, Alaska and Delaware (aka the “NOMAD” states). Vermont was the last state to adopt a sales tax, in 1969.

Alaska

TaxConnex

APRIL 18, 2023

There’s always something changing in the world of tax, especially sales tax. New sales taxes are progressing in some states but not all. The 2% statewide sales tax proposed would be on top of any local taxes and would not exempt groceries, medicine or other items that have been exempted in previous sales tax bills.

Sales

Withum

JUNE 6, 2022

Section 1202 provides for the full or partial exclusion of capital gain realized on the sale of QSBS. The taxpayer in PLR 202221006 (March 3, 2022) is a pharmaceutical distributor that engages in the retail sale of a limited number of drugs. The IRS noted that all of the taxpayer’s revenues are generated by the sale of drugs.

Tax

Cherry Bekaert

MAY 3, 2024

What Is Global Tax Minimization? Global tax minimization is the process that companies follow to fully comply with the tax law in each country in which they operate in such a manner that their worldwide income tax liability is reduced to the lowest possible amount. income tax return. income tax.

Tax

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. Overlooking local property and sales tax exemptions.

Tax

Withum

JUNE 1, 2022

It is not uncommon for businesses to utilize First-In-First-Out (“FIFO”) for internal reporting purposes but use the Last-In-First-Out (“LIFO”) method for external reporting purposes, such as for US GAAP and federal income tax. Taxpayers should be monitoring their COGS and higher sales prices due to inflation. Potentially.

business tax

CPA Practice

APRIL 13, 2023

Income tax on crowdfunded assets According to the IRS, money raised through crowdfunding is generally considered taxable income. This means that the funds must be reported on your tax return and taxes must be paid on the amount received.

income tax

Cherry Bekaert

NOVEMBER 14, 2023

Contributor: Chelsea Payne , Senior Manager, Tax Services As the end of the year approaches, strategic planning remains crucial for taxpayers looking to optimize their financial positions and set the stage for a strong start in the upcoming fiscal year. Not all sales and not all taxpayers can qualify to use the installment sale method.

Real Estate

Withum

AUGUST 21, 2024

Federal income tax or information return reporting more than $5 million in U.S.-source source gross receipts or sales (net of returns and allowances). Contact Us Please reach out to Withum’s Tax Services Team if you have any questions about your BOI reporting obligation.

income tax

ThomsonReuters

JANUARY 28, 2022

Stay top-of-mind with tax and accounting clients all year. Companies that only offer tax services have to start over each year building a brand through marketing and advertising. That includes: Preparing federal and state income taxes. Filing quarterly employment taxes. Insurance sales.

Tax

ThomsonReuters

JULY 6, 2023

research and development credits) Trade and customs tax services and guidance Transfer pricing evaluation , documentation, and modification of existing policies Tax valuation services What does a tax advisor do?

Tax

xendoo

JANUARY 31, 2022

By itself, a Schedule C will not count as an acceptable tax filing form. Instead, a Schedule C must be submitted along with your personal income taxes using Form 1040. Your Schedule C can be submitted electronically with your personal income tax or stapled to your paper form. Is a Schedule C the Same as a 1099?

tax preparation

CPA Practice

SEPTEMBER 12, 2024

In his new role, Burke will be instrumental in identifying and engaging potential clients, nurturing relationships—particularly in the financial services industry—and driving the sales process to successful closure. Additionally, he will provide consultative services to clients within the financial services sector as needed.

Kansas

Withum

FEBRUARY 16, 2023

Most state income tax systems fall into two categories: progressive tax and flat tax. Massachusetts touts a “flat tax” system. Everyone pays the same percentage of their income. Not exactly the best example of a “flat tax” system, right? More information can be found in TIR 23.1.

Massachusetts

Withum

NOVEMBER 14, 2022

The IRS’s decision to grant late-filing relief in this context is not that surprising or ground-breaking, but it does highlight an important tax strategy that we are starting to see with increasing frequency. Section 1202 generally provides for the full or partial exclusion of capital gain realized on the sale of QSBS. QSBS Generally.

tax return

Withum

MARCH 7, 2022

The state’s Department of Revenue had initially estimated the tax would apply to about 7,000 state residents a year and would raise about $445 million starting in the fiscal year 2023. State and Local Tax Services. The post The Reversal of Washington State’s New Capital Gains Tax – Now What? Get in Touch. Contact Us.

Washington

CPA Practice

JULY 1, 2025

Lake is a Director of Tax Services at Berkowitz Pollack Brant Advisors + CPAs, where she leads the firm’s State and Local Tax (SALT) practice. The work of the FICPA is critical in shaping fiscal policy, educating taxpayers, advocating for our profession and protecting our role as stewards of the public trust.”

Technology

Withum

FEBRUARY 6, 2023

ISOs offer many tax benefits, making them an attractive option for employees who wish to partake in the future growth of their employer’s stock. Tax Benefits of ISOs One of the many benefits of ISOs is the deferral of income tax until they are exercised. net investment income tax).

income tax

Withum

APRIL 5, 2023

Section 1202 was enacted in 1993 and excludes certain percentages of gain triggered on the sale of Qualified Small Business Stock (“QSBS”) provided the stock is held for more than five years. Therefore, none of Angela’s gain on the sale of QSBS would be taxable at the federal income tax level. That was not a typo!

income tax

Withum

NOVEMBER 17, 2022

Most of the income tax proposals in the 2021 “Build Back Better” bill did not make it into the IRA. General Income Tax Planning. Postpone income until 2023 and accelerate deductions into 2022. If you do have a wash-sale, the loss will be deferred until the replacement investment is sold.

tax planning

Withum

AUGUST 24, 2023

Please join James Bartek , Jason Rosenberg and Bonnie Susmano from Withum’s State and Local Tax services team, as they provide an update on key state and local tax issues affecting the healthcare industry.

Healthcare

Cherry Bekaert

JUNE 5, 2024

Public Law 86-272 (PL 86-272) offers limited protection to out-of-state companies that solely solicit sales for tangible personal property within a state. In 2021, the Multistate Tax Commission (MTC) released a controversial reinterpretation of what activities may be considered more than mere sales solicitation.

income tax

Withum

NOVEMBER 29, 2023

Federal income tax or information return reporting more than $5 million in U.S.-source source gross receipts or sales (net of returns and allowances). Contact Us For more information on this topic, please contact a member of Withum’s Business Tax Services Team.

Legal

xendoo

JANUARY 16, 2023

How Much Do Small Businesses Pay in Taxes by State? How Are Small Businesses Taxed? Depending on your business structure and income, you may be subject to one or more types of taxes. The IRS taxes corporations as separate legal entities, which opens them up to double taxation.

business tax

Cherry Bekaert

AUGUST 1, 2024

Before acquiring a company, the ITAX and SALT exposures must be carefully reviewed, including potential risks such as transfer pricing, sales tax and state income tax. After the acquisition, any identified exposures can be remediated through voluntary disclosure agreements or corrective filings.

Tax

Withum

NOVEMBER 17, 2022

Today, almost all states employ economic nexus concepts, whereby merely having sales sourced to a state generally result in a filing requirement even without a physical presence. Economic nexus presents risk and opportunity for service providers. It has significant tax in any respective out-of-state jurisdiction.

tax planning