TaxConnex

SEPTEMBER 1, 2022

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. Some examples: Iowa: Gross sales to the state over $100,000; no annual transaction threshold. Mississippi: $250,000 sales; no transaction threshold.

South Dakota 198

South Dakota Mississippi Iowa Sales 198

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. This summer, I am working at Deloitte as a Business Tax Services Intern in their Chicago office. Tell us a bit about yourself.

Iowa 71

Iowa accounting and finance Illinois bookkeeping 71

TaxConnex

JANUARY 11, 2022

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

Rhode Island 180

Rhode Island Sales Tax South Dakota 180

Going Concern

FEBRUARY 16, 2024

Bill would let private CPAs, not state auditor’s office, audit state agencies [ Radio Iowa ] Senator Mike Bousselot, a Republican from Ankeny, IA seems to think letting CPA firms audit government books instead of the state auditor will fix the accountant shortage somehow? I’m a professional tax preparer.”

Real Estate 103

Real Estate Iowa audit CPA 103

Anders CPA

SEPTEMBER 28, 2022

Laws are always changing, but the following states currently, as of 9/1/22, have laws in place that at least partially tax SaaS. Anders State and Local Tax services. The post Is Software as a Service Taxable? appeared first on Anders CPA.

Rhode Island 52

Rhode Island West Virginia South Dakota South Carolina 52

CPA Practice

FEBRUARY 8, 2023

Following another strong year of aggressive growth, Andersen , a global provider of tax, valuation, financial advisory and related consulting services, has expanded its presence in Orange County, Calif. and established new offices in Des Moines, Iowa, and Pittsburgh, Pa. Vertical Advisors in Newport Beach, Calif.;

Real Estate 52

Real Estate Agriculture Iowa income tax 52

TaxConnex

JANUARY 24, 2023

Stating the shipping cost separately on the invoice, for instance, affects taxability in Alabama (as does how the item is delivered), Arizona, Iowa, Maryland, Massachusetts (if the shipping cost “reasonably reflects” the vendor’s real cost), Missouri and Wisconsin – but not in Tennessee.

Sales 26

Sales Tax South Carolina Massachusetts 26