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The latest on sales tax on shipping charges (part 1)

TaxConnex

When items in a shipment are exempt from sales tax in a given state, so is the cost of shipping. Connecticut, Georgia, Michigan, North Dakota, South Carolina, Tennessee, Texas, Vermont, Washington, West Virginia and Wisconsin follow this rule.

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Justice Department Continues Efforts to Stop Fraudulent Tax Preparers

CPA Practice

Examples of civil injunctions obtained by the Tax Division over the last year include: On Jan. The government alleged that Zio prepared tax returns claiming fabricated business income and expenses, as well as various false tax deductions.

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State Sales and Use Tax Update

TaxConnex

The case in point brought out how a transaction in which a provider doesn’t transfer tangible personal property to a customer generally would not be subject to retailers’ occupation tax, use tax, service occupation tax or service use tax.

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Court Invalidates IRS Micro-Captive Transactions Notice: Now What?

Withum

Because the District Court that decided the case resides in the Sixth Circuit, the decision applies only to taxpayers in Kentucky, Michigan, Ohio, and Tennessee. Micro-captive insurance transactions are, after all, included in the IRS’s dirty dozen list of tax scams. Business Tax Services. Contact Us. Contact Us.

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Friday Footnotes: Work-Life Balance, Does It Work?; Big 4 Firms Slash Job Postings; She Doesn’t Even Go Here! | 2.16.24

Going Concern

Detroit woman accused of being unlicensed real estate agent, CPA charged [ The Detroit News ] A Detroit woman accused of working as an unlicensed accountant and an unlicensed real estate agent has been charged, the Michigan Attorney General’s Office said. I’m a professional tax preparer.”

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Friday Footnotes: Big 4 Culture Gets Slammed Again; Audit Leads the Way in AI; Small Firm Gripes | 11.10.23

Going Concern

Customers of the Falasz Tax and Accounting company say they’re upset because the company didn’t file their taxes on time in April and then missed the October extension date. Whitley Penn Admits Eight to Partnership [ INSIDE Public Accounting ] Fort Worth, Texas-based IPA 100 firm Whitley Penn LLP (FY22 net revenue of $189.6

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Evaluating Your Firm’s Advisory Stance

ThomsonReuters

For example, if your firm is simply working on compliance, a reactive commoditized service, offering advisory services may keep clients engaged year-round and allow your firm to work proactively with clients. . The leader of a firm in Michigan had this to say about advisory services.

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