Accounting Today

APRIL 5, 2024

CohnReznick appoints first president of global operations; Maxwell Locke & Ritter rebrands, and more news from across the profession.

Kansas 119

Kansas 119

TaxConnex

MAY 6, 2021

Kansas Gov. Currently, Kansas is unusual in that all sellers regardless of number or value of sales must register for a sales tax permit. Laura Kelly has vetoed a bill which would have set a threshold for out-of-state sellers to establish economic nexus.

Sales 246

Sales North Carolina Maryland North Dakota 246

TaxConnex

DECEMBER 30, 2021

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 new law, which would take effect July 1, created economic nexus for companies with more than $100,000 in gross sales to Kansas consumers in the current or previous calendar year.

Sales 246

Sales Tax Maryland West Virginia 246

TaxConnex

NOVEMBER 26, 2024

The states are Alabama, Arkansas, Hawaii, Idaho, Illinois, Kansas, Mississippi, Missouri, South Dakota, Tennessee and Utah. All but 11 states no longer levy a statewide sales tax on groceries, though many local communities nationwide do.

Sales 130

Sales South Dakota Tax Idaho 130

TaxConnex

JUNE 8, 2021

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. The law kicks in on Jan.

Sales 223

Sales Tax Arkansas South Carolina 223

TaxConnex

AUGUST 15, 2024

Foodies With sales taxes or fees coming and going on groceries in places like Kansas and South Dakota, incurred solely because of sugar or flour in Illinois and Indiana or levied on blueberries in Maine depending on where they’re picked, it’s little surprise that food can come with weird sales taxes state to state.

Sales 264

Sales South Dakota South Carolina Tax 264

TaxConnex

APRIL 9, 2024

In Kansas , vitamins and supplements encounter a reduced rate of sales tax (part of a general reduction in sales tax on food products) before they incur no sales tax starting next Jan.

Sales 264

Sales West Virginia Tax Virginia 264

CPA Practice

NOVEMBER 11, 2024

Prompt: In my CPA firm, I have a client that owns an office building in Kansas City, KS with 50% occupancy. Market Analysis : Conduct a market analysis to understand the demand and supply dynamics for office space in Kansas City, KS.Identify trends and new market demands that could be leveraged.

Kansas 109

Kansas CPA cpa firm accountant 109

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 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

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.

Oklahoma 244

Oklahoma Texas Kansas Tennessee 244

TaxConnex

JANUARY 14, 2025

can vary widely state to state (and, believe it or not, sometimes even block to block for such items as groceries, for instance, in the state of Kansas). Canadas Goods and Services Tax, Provincial Sales Tax and Harmonized Sales Tax are relatively uniform; sales tax in the U.S. has no national sales tax. In the U.S.,

Sales 130

Sales Tax South Dakota Alaska 130

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.

Sales 246

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

JANUARY 13, 2022

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.

Sales 246

Sales Utah Tax Wisconsin 246

TaxConnex

MARCH 15, 2022

One in Kansas would eliminate the state sales tax on some hygiene products. (Ten states have already removed the tax on diapers.) A similar proposal in Florida would create a state sales tax exemption on such baby items as diapers, clothes and shoes.

Sales 246

Sales South Dakota Tax Missouri 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

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

CPA Practice

JUNE 30, 2025

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Technology 104

Technology Rhode Island West Virginia South Dakota 104

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.

Sales 264

Sales South Dakota Louisiana Tax 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.

Sales 264

Sales Tax Colorado tax return 264

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 147

Nebraska Oklahoma Louisiana Kansas 147

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

TaxConnex

MARCH 14, 2023

Kansas began applying a preferential sales tax rate to groceries; the state sales tax on groceries is scheduled to phase down to 4% this year and 2% in 2024 before hitting zero in 2025. Walmart, incidentally, has admitted that some of its Kansas stores charged too much sales tax right after the law started.) starting Jan.

South Dakota 130

South Dakota Sales Kansas Tax 130

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 Construction payroll tax 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 Construction payroll tax 52

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

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

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

Going Concern

MAY 8, 2025

According to Federal News Network based on an internal memo they’ve seen, human error-checkers at the processing center in Kansas City are going to have a rough two weeks ahead: This years tax filing season is over, but the IRS is setting mandatory weekend overtime hours for some employees to process tax returns flagged with possible errors.

tax return 59

tax return Kansas Tax 59

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

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

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.

Sales 147

Sales Rhode Island Tax Kansas 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

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 147