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What's new in sales tax?

TaxConnex

There’s always something changing in the world of tax, especially sales tax. B&O responsibility: A Washington State appellate court has found two sellers responsible for sales tax and business and occupation (B&O) tax on sales made through Amazon’s Fulfillment by Amazon (FBA) program. No refund, stat!:

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Navigating IRS Bank Levies, Back Taxes, and Unfiled Tax Returns

MyIRSRelief

Facing the IRS can be a daunting experience, especially when dealing with unpaid back taxes, unfiled returns, and the looming threat of bank levies. For many, the stress and confusion surrounding tax debt can feel overwhelming. Furthermore, failure to file tax returns can result in hefty fines and legal repercussions.

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The Big D Once Again Tops the INSIDE Public Accounting Top 500 List

Going Concern

INSIDE Public Accounting released its annual Top 500 list last week — a.k.a. First, some key information you should know: Now in its 33rd year, the IPA 100 ranking includes the Big 4, Deloitte, PwC, Ernst & Young and KPMG, which collectively generated more than $84 billion in U.S. based Global Tax Management ($48.8

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Tax Problem Resolution in the Inland Empire, CA

MyIRSRelief

Navigating tax issues can be daunting, especially when facing audits, unpaid taxes, or payroll problems. This FAQ guide provides insights into common tax problems and solutions available in Corona, CA. In Corona, CA, having an expert who understands local and federal tax laws can be crucial.

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1041 Trust Tax Preparation and the Need for Professional Tax Help

MyIRSRelief

Income Tax Return for Estates and Trusts, is a complex tax form that is used to report the income and expenses of estates and trusts. Trust tax preparation can be a challenging task, even for experienced tax preparers. Third, a tax preparer can help you to avoid costly tax penalties and errors.

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AICPA and Other Groups Call Attention to New Beneficial Ownership Information Reporting Requirements

CPA Practice

The American Institute of CPAs (AICPA) joined a coalition of organizations who have come together to make taxpayers and practitioners aware of the new Beneficial Ownership Information (BOI) reporting requirement. The coalition includes the following organizations: AICPA, Latino Tax Pros, National Association of Black Accountants, Inc.

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Friday Footnotes: Why People Leave Public Accounting; Audit Workloads Up; Terrorist Clients (Literally) | 12.2.22

Going Concern

Why People Leave Public Accounting [ CPA Journal ]. Writes Edward Mendlowitz, CPA/PFS, ABV: There are many reasons why CPAs decide to leave public accounting firms. The following is a discussion of what I have found to be the most common reasons why people leave public accounting. director James B.