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Sales and Use Tax Updates from March

TaxConnex

There’s always something changing in the world of tax, especially sales tax. The Alaska Remote Seller Sales Tax Commission has approved its “Remote Seller Sales Tax Code & Common Definitions” that would apply to local municipalities in Alaska that choose to adopt it. 10 to report use tax.

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

TaxConnex

What’s new in May for state sales and use taxes. There’s always something changing in the world of tax, especially sales tax. Exempting groceries from sales tax as American families struggle with inflation and other economic woes is politically tempting. million in taxes a year on the sale of groceries.

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How Small Retailers Can Handle Sales Tax on Shipping: State-by-State Guide

CPA Practice

If you’re part of that rising tide, you need to know how to tax shipping and delivery charges. Charges for a company to deliver goods in its own vehicle are often taxed differently than charges for delivery by common carrier or private carrier. or “Is there sales tax on U.S. What follows are general guidelines, not tax advice.

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Friday Footnotes: PwC Slashes Partner Class; Accounting Firm Rescues Dog; Do We Still Need CPAs? | 4.19.24

Going Concern

Top Remote Accountants of the Week | April 18, 2024 Audit Audit Board Urged to Rein In Plan to Curb Misleading Marketing [ Bloomberg Tax ] CPAs pressed the US audit board to scale back a proposal meant to prevent firms from falsely marketing their registration with the regulator as an endorsement of their work. In Footnotes?

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Midwest and Mountain West Saw Biggest Income Gains Over Last 4 Years

CPA Practice

Bureau of Economic Analysis figures compiled for Stateline by the Urban-Brookings Tax Policy Center in Washington, D.C. And competition for scarce service and manufacturing workers has forced employers to pay more. Incomes in Colorado, Maine, Montana and Nebraska also grew by roughly that much. Democratic Gov.