Kansas State Tax Updates

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IRS to Hire 5,000 New Staff in Austin, Ogden and Kansas City

CPA Practice

Available positions include temporary, term and permanent jobs. Many are entry-level clerk and tax examiner positions in the Wage and Investment Division. No prior tax experience is required.

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Team With No Accounting Majors Takes On Another Team With No Accounting Majors For Men’s College Basketball Supremacy

Going Concern

1 seed Kansas Jayhawks for the 2022 men’s college basketball championship. You could say Kansas because they are a No. But after scanning both teams’ rosters this morning, there are a grand total of zero players on both Kansas and North Carolina who are majoring in accounting.

Google, Amazon Tech Help States Handle Jobless Claim Boom

PYMNTS

Google and Amazon Web Services are assisting Rhode Island, Kansas, Illinois and New York in processing the unprecedented number of unemployment claims prompted by the coronavirus crisis, The Wall Street Journal (WSJ) reported.

World Central Bankers Discuss Alternatives To The Dollar

PYMNTS

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. Cryptocurrency cryptocurrency dollar federal reserve Kansas City News symposium virtual reserve currency What's Hot

Can Accounting Reports Really Be Beautiful?

DuctTapeMarketing

Tyler Nay is presently a senior operations accountant at Watco Companies, LLC, a transportation company based in Pittsburg, Kansas.  Services Online Audit. Strategy First. Marketing Training for your team. Website Review. Local Marketing System. Professional Services Marketing. A la carte SEO. Websites. Pay Per Click. Guides Local Marketing. Professional Services. Consulting Business. Marketing Strategy Plan. Content Marketing. Customer Journey. Referrals. Mobile Marketing.

US Supreme Court To Take Up States’ Right To Prosecute SS Fraud By Illegal Immigrants

PYMNTS

According to a report in Bloomberg , the justices said they will rule on whether the Supreme Court in Kansas was correct in determining that only the federal government has the power to go after undocumented immigrants for those types of infractions. Kansas and the Trump administration have been pushing for the U.S. If Kansas wins, states will have a new way to fight illegal immigration. The U.S.

Seeing green: States learn the importance of sales tax

TaxConnex

Kansas – sales tax revenue of $224 million in December, $4 million over predictions – is one of the states where banner hauls have ignited call for eliminating sales tax on essentials like groceries.

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Watch Ex-PwC Intern Sack Tom Brady

Going Concern

Kpassagnon, who double-majored in accounting and finance at Villanova University, was a DE on the Super Bowl-winning Kansas City Chiefs team in 2020. Happy NFL Sunday! Here is a video of two-time former PwC summer intern and New Orleans Saints defensive end Tanoh Kpassagnon (90) sacking the GOAT last year with a little help from his friends. Tanoh Kpassagnon sacks Tom Brady pic.twitter.com/JUjAQvjhFF. — Jason Bramwell (@bramweller) October 23, 2022.

Sales tax and crypto: Latest developments

TaxConnex

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.

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Sales Tax and Vitamins/Dietary Supplements

TaxConnex

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).

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Blog: Gross vs. taxable sales: Which count toward economic nexus?

TaxConnex

Determining your sales tax obligations hinges on if your products or services are taxable and whether you have sales tax nexus which can be defined as either a physical presence or economic presence. That by itself is confusing enough, and unfortunately it gets more confusing.

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Gross vs. taxable sales: Which count toward economic nexus?

TaxConnex

Determining your sales tax obligations hinges on if your products or services are taxable and whether you have sales tax nexus which can be defined as either a physical presence or economic presence. That by itself is confusing enough, and unfortunately it gets more confusing.

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2021: The Year in Review – Sales Tax

TaxConnex

In Kansas, lawmakers overrode an unexpected gubernatorial veto and set for out-of-state sellers an economic nexus threshold – which the state had never had. The whole world pinballed throughout a pandemic the last two years and continues to do so.

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Promotion Watch ’22: Forvis Admits First Class of New Partners and Principals; All Have Forward Vision

Going Concern

Jacob Holman , Kansas City, MO. Christina Phillips , Kansas City, MO. Kris Smalley , Kansas City, MO. Nick Withrow , Forvis Wealth Advisors, Kansas City, MO.

Vendor concessions/discounts can help pay to outsource sales tax obligations

TaxConnex

In Kansas, the discount varies by tax liability. Collecting and remitting sales tax to states and other tax jurisdictions is time consuming and can be expensive. If only somebody could help you with the costs of managing it. Somebody can: the states and tax jurisdictions themselves.

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Tricky items for sales tax (Part 3)

TaxConnex

Candy is taxable in Kansas and South Dakota – but could eventually be exempt as lawmakers move to make groceries free of sales tax including candy. Our Halloween-month look at tricky items concludes with a natural: candy. Consumers are expected to spend more than $3.1

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What’s new in state sales and use taxes

TaxConnex

One in Kansas would eliminate the state sales tax on some hygiene products. There’s always something changing in the world of tax, especially sales tax.

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What was new in September for state sales and use taxes

TaxConnex

Kansas businessman James Morey, 68, of Lawrence, pleaded no contest to two counts of theft related to sales tax. There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates. Inflation bites.

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Tricky items for sales tax (Part 2)

TaxConnex

States like Kansas and Tennessee are among the latest to pass such exemptions. Our Halloween-month look at tricky items for sales tax continues here with a few items it’s hard to live without…. Clothes. Clothing is taxable in most states and the District of Columbia.

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End of the Year Sales Tax Updates to be Aware of as You Start 2022

TaxConnex

Kansas Gov. There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates. State updates.

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What's New in State Sales and Use Taxes

TaxConnex

Kansas Gov. Currently, Kansas is unusual in that all sellers regardless of number or value of sales must register for a sales tax permit. There’s always something changing in the world of tax, especially sales tax. And 2021 continues that trend.

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Monthly Review of What's New in Sales & Use Tax

TaxConnex

Also in May, Kansas lawmakers overrode the gubernatorial veto on Topeka’s Senate Bill 50 , which requires marketplace facilitators to collect and remit sales and use tax and sets a new remote seller tax collection threshold for the state.

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The Facts About Surcharges

Lockstep

The following states prohibit surcharges or restrict the use of the surcharge: California, Colorado, Connecticut, Florida, Kansas, Maine, Massachusetts, New York, Oklahoma, and Texas. Guest Contribution from Fortis. What to know before you charge.

Do you really understand economic nexus for sales tax?

TaxConnex

Louisiana worked to streamline its notoriously confusing sales tax environment; and Kansas?set Businesses have heard a lot about economic nexus over the past few years.

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What’s new for state sales and use taxes

TaxConnex

A Kansas House tax committee has approved legislation that would shrink the overall statewide sales tax on general purchases to 6.3% There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates. Give us a break.

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How Are Public Accounting Salaries Stacking Up For 2023? (Part 2, Randstad)

Going Concern

And then there are cities like Kansas City, MO, and Atlanta that have salaries projected to be below the national rates: Little Rock, AR: -8%. Kansas City, MO: -6.1%.

What's new in state sales and use taxes

TaxConnex

Kansas retail sales tax collections in May were $240.8 There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates.

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Handling Sales Tax In-House: Job Market Challenges Continue

TaxConnex

Arkansas, Kansas, Pennsylvania, Tennessee, Texas and Florida were the latest states to report sales tax revenue shattering predictions. The explosion of the e-commerce market alone would’ve made handling sales tax obligations in-house tough.

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State Benefiting from Economic Nexus During the Pandemic

TaxConnex

In Kansas , online sales helped the city of Manhattan bump sales tax revenue for the first time since the pandemic began.

Sales Tax on Shipping: When Does it Apply?

TaxConnex

All shipping incurs sales tax in Kansas, for instance, and ditto (generally) in the District of Columbia. It’s one of the most important aspects of an online business – and one of the wackiest when trying to determine whether sales tax applies or not. What is it? Shipping.

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What’s Hot on Checkpoint for Federal & State Tax Professionals?

ThomsonReuters

In this edition, we take a look at the recently enacted corporate alternative (book) minimum tax; new elections to convert credits to cash or tax payments; changes to the electric vehicle credit; recent legislation in Kansas, Kentucky, and Missouri; and state taxation of forgiven student loans.

What's New in State Sales and Use Taxes - Monthly Update

TaxConnex

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 There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates.

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Taking a Look at Sales Tax Exemptions and Why They're Important

TaxConnex

As you consider exemptions, watch such states as Kansas and possibly Missouri, where new economic nexus rules look to kick in soon. Taking advantage of sales and use tax exemptions can save your business money and headaches. But exemptions can be harder to secure in some states than in others.

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Marketplace facilitators: Your latest Q. and A.

TaxConnex

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.

What's new in May for state sales and use taxes

TaxConnex

Kansas and Tennessee just became the latest states to green light such exemptions. What’s new in May for state sales and use taxes. There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates. Food for thought.

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Understanding Affiliate Nexus and Other Forms of Physical Presence

TaxConnex

These states include New Jersey, Illinois, New York, Nevada, Louisiana, Maine, Kansas, Iowa, and Rhode Island. The explosive growth of online sales means that state and local governments are searching for ways to recoup the tax revenue that they have determined they are owed.

Last Labor Report Before Election Shows Drop In US Jobless Claims

PYMNTS

17 were in Massachusetts (+5,442), Kansas (+3,010), Virginia (+2,255), Texas (+616) and Minnesota (+493), while the largest decreases were in California (-16,207), New York (-11,495), Georgia (-9,274), Florida (-7,834) and Michigan (-7,774). Seasonally adjusted initial unemployment claims dipped to 751,000 the week ending Oct. 24, some 40,000 lower than the previous week's revised levels, according to the Thursday (Oct. 29) report from the U.S. Department of Labor (DOL).

Promotion Watch ’22: Grant Thornton Admits 38 New Partners and Principals

Going Concern

Kansas City, Mo. Kansas City, Mo. Plenty of new promotion purple roses were handed out at Grant Thornton on Aug. 1, as the firm celebrated its largest class of new partners, principals, and managing directors in GT ’s history.

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Google Slapped With Antitrust Lawsuit Filed By Coalition Of 38 States

PYMNTS

A coalition of 38 state attorneys general filed an antitrust lawsuit against Google , accusing the search giant of engaging in anti-competitive practices, the Associated Press (AP) reported on Thursday (Dec. The federal lawsuit was filed in Washington, D.C.

When a Bank Fails, People ‘Lose Faith’ in the Auditors

Going Concern

We found that depositors — people who have money at banks — lose faith in an auditor when that auditor is associated with another bank that fails,” said Matthew Beck, assistant professor of business at the University of Kansas. Are bank failures bad PR for the firms that audit them?

Friday Footnotes: Deloitte’s Naughty Workpapers; Audit Reform Critics; Clients Getting Dropped Like Mics | 3.4.22

Going Concern

in Tax Season ‘Chaos’ [ New York Times ] At the Internal Revenue Service’s sprawling Kansas City, Mo., who started working at the facility in Kansas City last June and is transitioning to become a tax examiner.

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XPO Logistics’ Stock Tanks On Potential Loss Of Amazon As A Customer

PYMNTS

One employee told the news service that XPO is shutting down facilities in Aberdeen, Maryland; Edgerton, Kansas; and Rialto, California, all of which count Amazon as a customer. Meanwhile, when XPO’s Edgerton, Kansas plant opened in 2016, a broker was quoted in the Kansas City Business Journal as saying Amazon was the client for the 500,000 square foot warehouse, reported Reuters.