TaxConnex

FEBRUARY 8, 2024

Among other reasons for rate changes: Speaking of political tax breaks, exempting groceries from sales tax continues to be popular ( Kansas and Tennessee are among the latest states to greenlight such exemptions).

Sales 263

Sales South Dakota Tax Kentucky 263

TaxConnex

NOVEMBER 2, 2021

Labels can also have “drug facts” that would likely trigger tax as a prescription or nonprescription drug (this could exempt the vitamins and supplements from state sales tax in some states like Alabama, Connecticut and Kansas and, in some cases, Oklahoma).

Sales 246

Sales West Virginia Tax Vermont 246

TaxConnex

FEBRUARY 22, 2024

many of which involve intensely localized differences in rates in California or West Virginia, to name just two states – and, in the case of a municipality like Kansas City, sales tax rates can change block to block. Consider that there are 10,000-plus tax jurisdictions in the U.S.,

E-commerce 264

E-commerce West Virginia Kansas Virginia 264

TaxConnex

SEPTEMBER 17, 2020

In Kansas , online sales helped the city of Manhattan bump sales tax revenue for the first time since the pandemic began. Sales tax is the largest source of funding for the Texas budget, accounting for 59 percent of all tax collections.

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Oklahoma Texas Kansas Tennessee 244

TaxConnex

JUNE 30, 2022

New sales tax collection and remittance requirements in Kansas , for instance, apply to marketplace facilitators with calendar year sales sourced into the state exceeding $100,000 of “cumulative gross receipts,” which includes both the marketplace facilitator’s sales of its own property and services and the sales it facilitates on its platform.

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Sales Oklahoma Arkansas Alabama 246

TaxConnex

JUNE 14, 2022

New sales tax collection and remittance requirements in Kansas , for instance, apply to marketplace facilitators with calendar year sales sourced into the state exceeding $100,000 of “cumulative gross receipts,” which includes both the marketplace facilitator’s sales of its own property and services and the sales it facilitates on its platform.

Sales 246

Sales Oklahoma Arkansas Alabama 246

TaxConnex

DECEMBER 28, 2023

Sales tax exemptions may also continue to expand on such items as groceries (Kansas is one of the latest states to make this change) but sales taxes themselves may begin to be levied on new products and services, especially in the digital world. For example, in Georgia effective this Jan.

South Dakota 264

South Dakota Sales Tax Louisiana 264

TaxConnex

JULY 9, 2024

In states like Kansas, for instance, you may have to file multiple, different types of returns, and your billing system may have nexus thresholds and tax rates entered that are different from what jurisdictions mandate. Tax types and nexus pose other wrinkles.

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Sales Tax Colorado tax return 264

TaxConnex

MARCH 22, 2022

In Kansas, the discount varies by tax liability. Michigan offers progressively better discounts for progressively prompter payment. Virginia’s prompt payment discount depends on level of sales, among other conditions. Pennsylvania’s prompt payment discount varies by frequency of filing. Discounts can be?capped?in in some states either?monthly,?quarterly?

Sales 246

Sales Utah South Carolina Tax 246

TaxConnex

JANUARY 11, 2022

All shipping incurs sales tax in Kansas, for instance, and ditto (generally) in the District of Columbia. But as most things in sales tax, this isn’t always the case, it depends on the situation and jurisdiction. Special cases. The United States is a galaxy of shipping, handling and delivery rules when it comes to sales tax.

Sales 246

Sales Rhode Island South Dakota North Dakota 246

TaxConnex

MAY 7, 2024

In Kansas City, the Royals of Major League Baseball and the Chiefs, last year’s winners of the National Football League Super Bowl, are threatening to leave the city after residents of Jackson County, Missouri, voted down a measure that would have helped fund a new ballpark and renovations to the Chiefs’ home Arrowhead Stadium.

Rhode Island 264

Rhode Island Sales Tax South Carolina 264

CPA Practice

APRIL 25, 2024

By Eduardo Castillo, The Wichita Eagle (TNS) A Kansas accountant has been accused of defrauding a business client and using the client’s money to build himself a home, federal prosecutors said. Attorney’s Office for the District of Kansas said. He made his first appearance in court Wednesday.

Kansas 52

Kansas CPA Construction payroll 52

TaxConnex

APRIL 12, 2022

A Kansas House tax committee has approved legislation that would shrink the overall statewide sales tax on general purchases to 6.3% and nearly halve the state sales tax on groceries, to 3.5%.

South Dakota 246

South Dakota Sales Tax North Carolina 246

TaxConnex

MAY 27, 2021

As you consider exemptions, watch such states as Kansas and possibly Missouri, where new economic nexus rules look to kick in soon. Connecticut, Florida (which recently passed economic nexus that will be enacted this summer) and Louisiana accept certificates depending on where the product was packaged and shipped.

Sales 243

Sales Tax Connecticut Idaho 243

Anders CPA

MARCH 14, 2023

Kansas City has amended an ordinance which added extra steps to the earnings tax refund process for non-resident taxpayers. Louis case intend to appeal the denial of class-action status for the case which could have further impacts on qualifying workers Pandemic Created Lasting Impact on Earnings Tax Refund Process Both Kansas City and St.

Kansas 52

Kansas Tax accounting and finance income tax 52

RogerRossmeisl

APRIL 28, 2024

The least expensive one-bedroom locations were Wichita, Kansas ($690); Akron, Ohio ($760); Shreveport, Louisiana ($770); Lincoln, Nebraska ($840) and Oklahoma City ($860). Becoming a landlord and renting out a residence comes with financial risks and rewards.

Nebraska 130

Nebraska Oklahoma Louisiana Kansas 130

CPA Practice

NOVEMBER 29, 2023

Courtney is a highly energized and experienced leader who will help us grow our presence in Kansas City and collaborate with us on best practices to enhance our business and serve more clients across the country,” Dubow said. The firm is led by Courtney Jones, who had a 22-year career at Deloitte before founding Stratus.

Kansas 52

Kansas cpa firm CPA tax accountant 52

CPA Practice

SEPTEMBER 12, 2023

A Kansas woman pleaded guilty on Sept 1, 2023, to willfully failing to account for and pay over employment taxes to the IRS. According to court documents and statements made in court, Sheryl Clanton of Bucyrus, Kansas, owned and operated McCorkendale Construction Inc.,

Kansas 52

Kansas Tax payroll tax Construction 52

CPA Practice

SEPTEMBER 6, 2023

A Kansas woman pleaded guilty on Sept 1, 2023, to willfully failing to account for and pay over employment taxes to the IRS. According to court documents and statements made in court, Sheryl Clanton of Bucyrus, Kansas, owned and operated McCorkendale Construction Inc.,

Kansas 52

Kansas Tax payroll tax Construction 52

TaxConnex

JANUARY 27, 2022

Arkansas, Kansas, Pennsylvania, Tennessee, Texas and Florida were the latest states to report sales tax revenue shattering predictions. Globally, more than nine out of 10 internet users have purchased products online. It’s estimated that within 20 years, 95% of all purchases will be through e-commerce. Local jurisdictions from Geneva, N.Y.,

Sales 242

Sales E-commerce Tax Florida 242

TaxConnex

MARCH 10, 2022

Louisiana worked to streamline its notoriously confusing sales tax environment; and Kansas?set and marketplace facilitators to start collecting the Illinois State and Local retailer’s occupation tax. set a new economic nexus threshold for companies. Colorado home-rule jurisdictions jumped on the economic nexus bandwagon as well.

South Dakota 262

South Dakota Sales Tax Maryland 262

TaxConnex

SEPTEMBER 14, 2023

Kansas and Tennessee just became the latest states to green light such exemptions. According to The Wine Institute , wine incurs sales tax in all states that have a sales tax except in Kansas, Massachusetts and Rhode Island. Groceries are not taxable in some states; other states only offer a discounted sales tax on groceries.

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Sales Rhode Island Tax Kansas 147

MyIRSRelief

MAY 24, 2023

Louis, Missouri Omaha, Nebraska Minneapolis, Minnesota Tampa, Florida Anaheim, California Cincinnati, Ohio Honolulu, Hawaii Bakersfield, California Riverside, California Oklahoma City, Oklahoma Durham, North Carolina Wichita, Kansas St.

North Carolina 147

North Carolina Oklahoma Ohio Texas 147

CPA Practice

SEPTEMBER 23, 2024

local time from a Kansas City area code, (816), the IRS said. All responses are anonymous and confidential. The survey won’t ask for personal info about tax pros or their clients.” Calls will be on weekdays from 8:30 a.m. to 6:30 p.m. For more information, email TaxProfessional@icfsurvey.com or call (888) 504-6387.

Kansas 111

Kansas Tax 111

Cherry Bekaert

SEPTEMBER 27, 2023

This program has become a vital recovery resource and a community safety net for the Kansas City area. By utilizing the capital campaign proceeds, direct and upper-tier debt from Security Bank of Kansas City and the $14 million new market tax credit transaction, Welcome House was able to finance and complete their new facility.

Kansas 110

Kansas Tax Construction Finance 110

TaxConnex

JULY 12, 2022

Kansas retail sales tax collections in May were $240.8 million – $13.8 million, or 6.1%, over the estimate and 5.7% over May 2021 sales tax receipts, the governor said.

Sales 246

Sales Tax Oklahoma Illinois 246

TaxConnex

FEBRUARY 8, 2022

million, or 21.6%, over last year’s total; Kansas sales tax revenue hit $224 million in December, $4 million over predictions; Pennsylvania collected $1.2 Arkansas had an almost 20% gain in December, pushing state tax revenue 1.5% beyond budget estimates; Georgia’s sales and use tax collections totaled $1.37 billion, an increase of $243.4

Sales 245

Sales Tennessee Tax Massachusetts 245

Insightful Accountant

MARCH 9, 2023

Ignition's Matt Kansas takes a look at the shift to 'Accounting 2.0'—and and what the next 10 years may look like.

Gaming 101

Gaming Kansas accounted Account 101

TaxConnex

NOVEMBER 16, 2021

These states include New Jersey, Illinois, New York, Nevada, Louisiana, Maine, Kansas, Iowa, and Rhode Island. In this case, it is better to have a qualified sales tax specialist firm like TaxConnex monitor their nexus and make sure that they are collecting and remitting sales tax to the proper jurisdictions.

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South Dakota E-commerce Rhode Island Illinois 242

CPA Practice

JUNE 21, 2023

By Tylor Willis, CFP, The Kansas City Star (TNS) Most of us want to preserve or grow our wealth. ABOUT THE AUTHOR Tylor Willis, MBA, CFP, CPWA, is a member of the Financial Planning Association of Greater Kansas City. ©2023 The Kansas City Star. Here are four strategies to consider adding to your financial plan.

Kansas 101

Kansas Tax income tax tax planning 101

CPA Practice

MAY 18, 2023

Rachel Binau (Kansas), a graduate of Kansas State University with a Bachelor of Science in Business Administration with a major in accounting and a Master of Accountancy, is employed with FORVIS in Wichita, KS.

CPA 128

CPA institute of chartered accountants North Dakota chartered accountant 128

PYMNTS

AUGUST 25, 2019

The 2019 Kansas City Federal Reserve’s annual symposium gathered the top monetary policymakers worldwide to kick around ideas to topple the dollar’s power, Bloomberg reported Sunday (Aug. Each year since 1978, the Federal Reserve Bank of Kansas City has sponsored a symposium on an important economic issue facing the U.S.

Kansas 77

Kansas Wyoming Finance Technology 77

MyIRSRelief

MAY 24, 2023

Louis, Missouri Omaha, Nebraska Minneapolis, Minnesota Tampa, Florida Anaheim, California Cincinnati, Ohio Honolulu, Hawaii Bakersfield, California Riverside, California Oklahoma City, Oklahoma Durham, North Carolina Wichita, Kansas St.

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North Carolina Oklahoma Ohio Texas 130

TaxConnex

NOVEMBER 7, 2023

Colorado also favors small businesses with its discount, Kansas gives special discounts to retailers in certain other states and jurisdictions. South Carolina gives a big break to retailers who aren’t required to collect and remit the state sales but volunteer to do so.

South Carolina 147

South Carolina Colorado Pennsylvania Kentucky 147

CPA Practice

SEPTEMBER 12, 2024

RubinBrown Announces Partner Promotions in Chicago, Denver, Kansas City, and St. He holds a Masters degree in Accountancy from the University of Missouri, Kansas City. He holds a Bachelor of Science in Accounting and Finance, and Masters degree in Accounting from the University of Kansas.

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Kansas Pennsylvania audit accounting and finance 104

TaxConnex

NOVEMBER 8, 2022

According to a recent guide from Bloomberg , nine states treat crypto the same as they do cash for transactions for sale tax purposes: California, Kansas, Kentucky, Michigan, Minnesota, New Jersey, New York, Washington and Wisconsin. So far, few states have regulations regarding virtual currency, but that’s changing. Take it state by state.

Sales 130

Sales Tax Wisconsin Kentucky 130

CPA Practice

FEBRUARY 19, 2024

Over 65% of small businesses in major metropolitan areas —including Boston, Chicago, Cleveland, Kansas City, Philadelphia and Minneapolis — were moderately, very or extremely concerned about hiring qualified staff. The report also found a 25% growth in median revenue over the past 18 months, supporting small businesses’ optimistic outlook.

Kansas 114

Kansas Gaming Finance 114