CPA Practice

FEBRUARY 27, 2023

A spokesman for the Iowa Department of Revenue said the department in January sent a file to the IRS that contained incorrect data for some Iowa taxpayers. Last fall, the Iowa Department of Revenue failed to notice a legislative oversight to amend state law to account for property tax changes signed into law in 2013 and 2021.

Iowa 52

Iowa Tax tax return Government 52

Katz,Sapper&Miller

NOVEMBER 21, 2018

Jason Miller and Shane Schuh with KSM’s Transportation Services Group will present “Lease Accounting Update and its Impact on the Transportation Industry” to members of the Iowa Motor Truck Association on Dec. 2016-02, Leases (Topic 842), which goes into effect Dec.

Iowa 40

Iowa Transportation accounting standards Account 40

Withum

OCTOBER 14, 2021

(..)

Iowa 52

Iowa Tax 52

TaxConnex

JANUARY 16, 2024

This includes whether you’re selling to a business or a consumer (as in Iowa, Maryland and Ohio), unique state sales tax rates (Connecticut), home-rule jurisdictions (Colorado and Illinois), partial exemptions (Texas), to name a few. SaaS incurs sales tax in roughly half the states. Many nuances affect sales tax and SaaS in various states.

Iowa 206

Iowa Connecticut Maryland Colorado 206

Accounting Today

DECEMBER 28, 2023

Honkamp, a Regional Leader based in Dubuque, Iowa, merged in Schowalter & Jabouri, one of the 20 largest CPA firms in the St. Louis metro area, effective Dec. 2, 2023.

Iowa 54

Iowa cpa firm CPA 54

CPA Practice

DECEMBER 20, 2023

Louis, Honkamp has eight offices in Iowa and Wisconsin. The new location will be the first office in Missouri for Honkamp, and the merger increases the firm’s headcount to about 300 employees. In addition to St.

cpa firm 104

cpa firm CPA Iowa Wisconsin 104

Cherry Bekaert

AUGUST 10, 2023

Iowa The Iowa Department of Revenue published guidance on their PTET election , which was enacted on May 11, 2023, but retroactive to tax years beginning on or after January 1, 2022. Hawaii The Hawaii Department of Taxation issued Tax Information Release Notice 2023-01. Louisiana Louisiana House Bill No.

Alabama 98

Alabama Ohio Iowa Louisiana 98

CPA Practice

APRIL 5, 2024

Iowa $1,443,717 $524,580 36.3% The table below shows a state-by-state breakdown of the average lifetime earnings compared to estimated lifetime taxes, and the percentage of earnings that will go toward tax payments, according to Self Financial: State Lifetime earnings Lifetime taxes % of earnings New Jersey $1,818,191 $987,117 54.3%

West Virginia 126

West Virginia Rhode Island South Dakota North Dakota 126

TaxConnex

JUNE 20, 2023

South Dakota joins California, Colorado, Iowa, Maine, North Dakota, Washington and Wisconsin in eliminating transaction-based nexus thresholds. As of July 1, South Dakota is removing the 200-transaction threshold; only those selling $100,000 or more into the state will be required to register and collect and remit sales tax. Starting Aug.

South Dakota 186

South Dakota North Dakota Wisconsin Iowa 186

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. The past couple years, I have been involved in the BizEdge mentoring program at University of Iowa, serving as both a mentee and a mentor.

Iowa 70

Iowa accounting and finance Illinois bookkeeping 70

TaxConnex

DECEMBER 7, 2023

Iowa topped the list for having the highest search levels for Black Friday in the U.S., During peak hours of both days, shoppers spent $15.7 million every minute. Analysis of Google activity also showed that the most searched term in Black Friday was iPhone deals. followed by South Dakota, Kentucky, West Virginia and Kansas.

Sales 147

Sales Tax West Virginia South Dakota 147

TaxConnex

SEPTEMBER 1, 2022

Some examples: Iowa: Gross sales to the state over $100,000; no annual transaction threshold. Wayfair allowed the state to force out-of-state sellers to collect sales tax provided they had at least $100,000 in gross revenue or has at least 200-transactions sourced into the state. Mississippi: $250,000 sales; no transaction threshold.

South Dakota 200

South Dakota Mississippi Iowa Sales 200

CPA Practice

SEPTEMBER 11, 2023

The Iowa Society of CPAs or ISCPA is offering their Fall CPE Conference September 21-22, 2023 at the Hilton Garden Inn in Cedar Rapids. For nearly four decades, Bryson has served in a variety or roles at NCACPA including Chief Operating Officer prior to becoming CEO on May 1, 2016.

CPA 111

CPA Wisconsin North Carolina Iowa 111

CPA Practice

DECEMBER 14, 2023

Jeri Beckham, Texas Joan Bengford, Iowa Velma Bjorgum, N.D. Jody Ehlers, Iowa Erick Enriquez, N.J. James Gobeli, Iowa Melissa Gourgues, La. Johnny Welborn, Texas Denise Zaharoff, Ga. Top 100 Katherine Allen, Colo. Dee Ann Aydelott, Mo. Teresa Barton, Utah Farooq Bawa, Ill. Kathleen Beard, Kan. Daniel Blamer, Mich. Meg Hall, Ga.

Iowa 52

Iowa Texas Utah Ohio 52

TaxConnex

JULY 13, 2023

Iowa , Aug. As we saw last time, sales tax holidays are continuing to enjoy a heyday this year. Here are the back-to-school and clothing holidays that start in August. 4-5: Any article of wearing apparel and typical footwear intended to be worn on or about the human body.

Sales 130

Sales West Virginia South Carolina Tax 130

CPA Practice

OCTOBER 5, 2023

National Association of State Boards of Accountancy, New Jersey Society of CPAs, Ohio Society of CPAs, Oklahoma Society of CPAs, Rhode Island Society of CPAs, Tennessee Society of CPAs, Virginia Society of CPAs, and Washington Society of CPAs.

CPA 119

CPA Rhode Island cpas Montana 119

Going Concern

SEPTEMBER 27, 2023

Candidates sitting for BEC for the first time in the following jurisdictions have until Sunday, October 1 to apply for this section: Alaska Arkansas California Colorado Connecticut Delaware DC Georgia Guam Hawaii Illinois Indiana Iowa Kansas Louisiana Maine Maryland Massachusetts Michigan Minnesota Missouri Montana Nebraska New Hampshire New Jersey (..)

CPA 103

CPA Rhode Island West Virginia South Dakota 103

CPA Practice

DECEMBER 22, 2023

Louis, Honkamp has eight offices in Iowa and Wisconsin. The new location will be the first office in Missouri for Honkamp, and the merger increases the firm’s headcount to about 300 employees. In addition to St.

cpa firm 52

cpa firm CPA Iowa Wisconsin 52

CPA Practice

JULY 5, 2023

The region with the highest growth (0.62%) was the Plains (Iowa, Kansas, Minnesota, Nebraska and the Dakotas.) The only region to show no growth in employment was the Southwest (Arizona, New Mexico, Oklahoma and Texas), where employment was flat.

Agriculture 105

Agriculture Nebraska Iowa Oklahoma 105

TaxConnex

JANUARY 11, 2022

Stating the shipping cost separately on the invoice affects its taxability in Alabama, Arizona, Illinois, Iowa, Maryland, Oklahoma, Utah, Virginia and Wyoming. 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.

Rhode Island 181

Rhode Island Sales Tax South Dakota 181

TaxConnex

JUNE 22, 2023

The birth-state of Wayfair joins California, Colorado, Iowa, Maine, North Dakota, Washington and Wisconsin in eliminating transaction-based nexus thresholds. South Dakota, for example, is removing the 200-transaction threshold; only those selling $100,000 or more into the state will be required to register and collect and remit sales tax.

South Dakota 130

South Dakota North Dakota Colorado Minnesota 130

TaxConnex

OCTOBER 13, 2022

Starting in Iowa next summer, electric fuel sold at a nonresidential location will become subject to an excise tax of 2.6 What’s ahead? cents per kilowatt hour. Expect this trend to increase as electric vehicles become more and more common.

South Carolina 130

South Carolina Sales Tax Colorado 130

CPA Practice

DECEMBER 18, 2023

The full 2023 Leadership Academy class is listed below in alphabetical order: Rose Araghchy, R2 Advisors PC, Mclean, VA Cody Bair, PwC US Tax LLP, Denver, CO Marcy Binkley, Vanderbilt University, Nashville, TN Abigail Breaux, Porter, Muirhead, Cornia & Howard, Casper, WY Jeremy Burch, Smith Adcock and Company, Athens, GA Zachary Carver, Cook Wealth (..)

cpas 121

cpas CPA Iowa Oklahoma 121

CPA Practice

APRIL 11, 2023

That effect is even more significant for younger workers, according to the paper, from economists Natalia Emanuel of the Federal Reserve Bank of New York, Emma Harrington of the University of Iowa and Harvard University’s Amanda Pallais.

Iowa 111

Iowa New York California payroll 111

CPA Practice

APRIL 9, 2024

Currently, the following states have reciprocity agreements: Arizona (with California, Indiana, Oregon, and Virginia) Illinois (with Kentucky, Michigan, and Wisconsin) Indiana (with Kentucky, Michigan, Ohio, Pennsylvania, and Wisconsin) Iowa (with Illinois) Kentucky (with Illinois, Indiana, Michigan, Ohio, Virginia, West Virginia, and Wisconsin (Note: (..)

payroll tax 110

payroll tax West Virginia payroll cpas 110

TaxConnex

AUGUST 4, 2022

Recently Hawaii, Texas, Wisconsin, Illinois, Michigan, Iowa, Louisiana and North Carolina added laws. Most states with economic nexus laws also employ marketplace facilitator laws (it is best to consult with a sales tax expert or CPA to find the most updated laws). States also frequently tinker with their facilitator laws.

Wisconsin 130

Wisconsin North Carolina Michigan Iowa 130

CPA Practice

AUGUST 3, 2023

5 Florida Sales Tax Holidays Happening Now Iowa Tax-Free Weekend Dates of Tax Holiday: August 4 through August 5 State Sales Tax Rate: 6% Average Combined Sales Tax Rate: 6.94% Iowa holds its annual back-to-school sales tax holiday the first Friday and Saturday of August. That’s August 4 and 5 this year. Rentals are not exempt.

Sales 96

Sales South Carolina West Virginia Tax 96

CPA Practice

APRIL 21, 2023

Honestly, I’m not even sure you can order the lower-end models at the moment,” said Zach Westrum, owner of Granger Motors, a Ford dealership near Des Moines, Iowa. That means roughly half of Ford’s electric pickups are too fancy for federal incentives.

South Carolina 111

South Carolina Tax Iowa Colorado 111

Going Concern

MARCH 16, 2023

Firms have to pay talent so much more, in fact, that many of them share the concern of Glen Swanson, CFO at MHCS in Iowa, about “maintaining profitability while having to significantly increase salaries.”

accounting firms 98

accounting firms Technology Account accountant 98

PYMNTS

NOVEMBER 23, 2020

The states involved include Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee, and Utah, according to Reuters. The group is sometimes referred to as the Colorado/Nebraska group and has said it could combine its case with the larger one from the The Department of Justice (DOJ).

Nebraska 89

Nebraska North Carolina Colorado Iowa 89

Going Concern

OCTOBER 17, 2022

The Iowa State Auditor’s Office is seeing a shortage of accountants along with a shortage of accounting students with 4-year degrees (no duh). The IRS has a lot of work ahead related to the Inflation Reduction Act. 12, 2022.

Iowa 81

Iowa Account accountant accounted 81

CPA Practice

JANUARY 17, 2024

Lawyers Artists Accountant Doctors Data Analysts Alabama Lawyers Accountant Artists Doctors Data Scientists Alaska Artists Lawyers Accountant Radiologists Data Scientists Arizona Lawyers Artists Doctors Accountant Data Analysts Arkansas Artists Accountant Lawyers Software Developers Data Analysts California Lawyers (..)

North Dakota 58

North Dakota Rhode Island West Virginia South Dakota 58

CPA Practice

MAY 18, 2023

Cole Borwick (Iowa), a graduate of University of Iowa with a Bachelor of Business Administration in accounting and a Master of Accountancy, is employed with CliftonLarsonAllen in Cedar Rapids, IA.

CPA 128

CPA institute of chartered accountants chartered accountant North Dakota 128

PYMNTS

JANUARY 14, 2021

Google is also being investigated by attorneys general from several states, including California, Arizona, Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah. The tech giant is also being probed by China.

Connecticut 69

Connecticut North Carolina Nebraska Iowa 69

CPA Practice

DECEMBER 18, 2023

Iowa and Maine include wine containers but provide an exemption for wine sold under a DTC permit.

California 89

California Manufacturing Iowa Vermont 89

SchoolofBookkeeping

JUNE 15, 2023

The Plains (Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota) had the smallest decrease, with employment down by -0.14% to 873,800 jobs. The Far West (Alaska, California, Hawaii, Nevada, Oregon, Washington) had the largest decrease in small business employment, with a drop of -0.65% to 2,159,300 jobs. in April.

quickbooks 52

quickbooks South Dakota North Dakota Nebraska 52

CPA Practice

FEBRUARY 8, 2023

and established new offices in Des Moines, Iowa, and Pittsburgh, Pa. Des Moines, Iowa Matt Juffer was a Managing Partner and a founder of both Hamilton Juffer + Associates and HJN Advisors and has over 25 years of experience in all areas of taxation and financial planning. Vertical Advisors in Newport Beach, Calif.;

Real Estate 52

Real Estate Agriculture Iowa income tax 52