TaxConnex

MAY 22, 2025

Sales tax rules on clothing are some of the most complex nationwide, as a patchwork of states offer complete exemptions, no exemptions and everything in-between for specific types of clothing. Says New Jersey , Sales of articles of clothing and footwear for human use are exempt from New Jersey Sales Tax.

Rhode Island

Shay CPA

JULY 16, 2025

Over the last 20 years of being an accountant, I’ve opened my fair share of mail to find tax notices so daunting they could wake you in cold sweat. These letters—from federal, state, or city agencies—might demand income tax, franchise tax, sales tax, unemployment insurance, or workers’ compensation. million in 2021.

Delaware

TaxConnex

JULY 10, 2025

Your compliance obligations are tough enough given the almost dizzying variety of rates, filing frequencies and other seemingly random details of the states that have a sales tax. One of those biggest details you sure can’t ignore: sales tax holidays. Here’s an overview: General: Massachusetts (most TPP up to $2,500 per item) Aug.

West Virginia

MyIRSRelief

OCTOBER 11, 2024

Enrolled Agent: Comprehensive Tax Services for Individuals and Businesses When it comes to managing your taxes, finding a qualified and reliable tax professional is crucial. An Enrolled Agent (EA) is a federally-authorized tax practitioner who has technical expertise in the field of taxation and is empowered by the U.S.

tax services

Withum

JULY 17, 2025

As a business owner or managing member, navigating the complexities of tax obligations is inevitable. Questions such as “How much tax do I have to pay?” ” and “Are there ways to reduce tax liability?” States offering this option include California, Connecticut, Illinois, New Jersey, and New York.

tax planning

ThomsonReuters

JUNE 18, 2025

The state and local tax (SALT) deduction has been a fixture of the U.S. tax code for many years, providing significant financial benefits to a large number of taxpayers. The current SALT cap, which applies to tax years 2018-2025, is set at $10,000 ($5,000 if married filing separately).

income tax

Shay CPA

APRIL 28, 2025

Are there any tax benefits for setting up a plan? Auto-Enrollment Tax Credit: Adding an auto-enrollment feature to your 401(k) plan may qualify you for an additional tax credit (up to $500 per year for up to three years). Tax Benefits: How can you maximize available tax credits and deductions?

New York

CPA Practice

JULY 7, 2025

The deal enables LMC to expand its service offerings, particularly in tax advisory, real estate-related services, and specialized planning for high-net-worth individuals.

New Jersey

CPA Practice

JULY 7, 2025

David Samayoa Alvarado (New York), a graduate of Ramapo College of New Jersey with a Bachelor of Science in accounting and a Bachelor of Science in finance, is employed with PricewaterhouseCoopers LLP in New York, NY. Property and Fiscal Office on accounting programs, financial systems, and operational business processes.

cpas

TaxConnex

MAY 8, 2025

How do states look at SaaS (software as a service)-oriented businesses and sales tax requirements? The complexity of sales taxes and SaaS is a confluence of factors, including almost a decade of upheaval in states tax statutes and the advent and lightning development of whats become everyday technology (and how the technology is delivered).

South Dakota

Accounting Today

JULY 24, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email The not-so-great outdoors; spear itself; pain and gain; and other highlights of recent tax cases. Sole owner of Zion Outfitter, an outdoor retailer in Springdale, Utah, he handled the company finances and provided CPAs with information and records to prepare tax forms to submit to the IRS.

Tax

Accounting Today

AUGUST 1, 2025

Karbon, Ignition, SmartVault launch Intuit ProConnect Ecosystem for Tax Firms Gaj Rudolf/Gajus - stock.adobe.com Karbon , a practice management platform for accounting firms, announced a strategic partnership with Ignition , an automation platform for recurring revenue and billing, and SmartVault , a document management and client portal.

Technology

Accounting Today

AUGUST 1, 2025

EDT 3 Min Read Facebook Twitter LinkedIn Email By now, anyone reading this column has heard enough about the historic set of challenges confronting tax and accounting firms. Increasingly, that response is coming in the form of investments in technology to improve efficiency and drive new business growth. All rights reserved.

Technology

Accounting Today

JULY 18, 2025

Bloomberg announces new features for AI Assistant Bloomberg Tax and Accounting announced a bevy of new features for its AI Assistant. This is on top of the tax content it already draws upon, such as Bloomberg Tax Portfolios. This is on top of the tax content it already draws upon, such as Bloomberg Tax Portfolios.

Technology

Accounting Today

JUNE 10, 2025

Sax acquires Sewald & Anastasia Sax, a Top 75 Firm based in Parsippany, New Jersey, has acquired Sewald & Anastasia CPAs, based in Morganville, New Jersey, effective June 1. In 2023, Sax merged in Schall & Ashenfarb CPAs , a firm based in New York. All rights reserved. Sax ranked No.

New Jersey

CPA Practice

JUNE 30, 2025

From tax prep to asset management, invoicing and portals, and auditing to remote CFO functions, the services the accounting and tax pros provide are dependent on the technologies they use. The awards highlight the most useful technology for firms and clients.

Technology

Accounting Today

JUNE 6, 2025

NEW JERSEY John Szczomak John Szczomak, member of Smolin, Lupin & Co., was elected president of the New Jersey Society of CPAs, Roseland, for the 2025-26 term, replacing June Toth, principal at WilkinGuttenplan, on June 1. RRBB opened a new office at 2107 Route 34 in Wall, New Jersey, the firms seventh office.

New Jersey

ThomsonReuters

JULY 18, 2025

The state and local tax (SALT) deduction has long been a pillar of the U.S. tax code, providing critical relief to taxpayers — especially those in high-tax states. That changed dramatically with the 2017 Tax Cuts and Jobs Act (TCJA), which imposed a $10,000 cap on SALT deductions. Here’s why: 1. 

New Jersey

Going Concern

JULY 11, 2025

CPA society leader Johnson sanguine about future of profession [ ROI-NJ ] Aiysha Johnson, executive director at the New Jersey Society of CPAs and the first Black woman to lead the state CPA society, is optimistic about the future of the profession. percent of staff holding licenses in 2024. Technology Abacus raises $6.6M

cpa firm

Accounting Today

JULY 17, 2025

EDT 3 Min Read Facebook Twitter LinkedIn Email Sax, a Top 75 Firm based in Parsippany, New Jersey, has received a minority investment from Cobepa, a private equity firm with offices in Brussels and New York, the latest firm to receive a PE investment. relocate offices; and more news from across the profession.

New Jersey

Accounting Today

JULY 18, 2025

Audit Accounting education Accounting students Deloitte MORE FROM ACCOUNTING TODAY Tax IRS enforcement efforts hit by cutbacks The IRSs progress in improving tax compliance in recent years has been threatened by cuts in funding and hiring, according to a new report. relocate offices; and more news from across the profession.

audit

CPA Practice

JULY 7, 2025

Grant Thornton Appoints Rick Surrett as CFO, Succeeding Longtime Leader Muhammad Bhayat Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax and advisory services, recently named Rick Surett as its new chief financial officer (CFO). © 2025 Firmworks, LLC.

North Carolina

Accounting Today

AUGUST 1, 2025

They are blessed to have a culture (The Wipfli Way) where everyone trusts and respects each other and they are all about value added services for their clients (I should know, Im a happy outsourced accounting and tax client!)." The firm dates back over a century and is moving into a new phase with the PE investment.

Technology

Accounting Today

AUGUST 1, 2025

a Top 25 Firm based in Princeton, New Jersey, has added Freed Maxick P.C., a Top 100 Firm based in Buffalo, New York, the latest big M&A deal for Withum on the heels of its acquisition in June of PKF Texas. The deal will expand Withum into upstate and western New York. All rights reserved.

Technology

CPA Practice

NOVEMBER 5, 2024

Budryk, CPA, MS, manager at Traphagen CPAs & Wealth Advisors and adjunct professor at Ramapo College of New Jersey; Sarah L. O’Rourke, CPA, assistant professor at Rutgers Business School – New Brunswick; and dR. Barry Palatnik, CPA, assistant professor at Stockton University. Watch at youtube.com/njcpa.

Education

Accounting Today

AUGUST 1, 2025

FLORIDA Jennifer Gizzi and Michael Eisenberg were admitted as partners in the tax practice at Templeton & Co., LCW CPAs, Boston, joined Russell Bedford International as a new member of the global network. NEW JERSEY Sax, Parsippany, announced its annual Sax 4 Miler, which supports the Child Life Department at St.

Technology

Withum

JULY 9, 2025

Pat Walsh Pat was recognized for his relentless dedication to elevating Withum’s position as a top 25 advisory, accounting and tax firm. The inaugural Finance Power 50 honorees were selected based on their professional accomplishments and public service, contributing to making New Jersey a better place to live, work and do business.

Finance

Accounting Today

AUGUST 1, 2025

Practice management Marketing Business development MORE FROM ACCOUNTING TODAY Intuit's Client Referral program: A savvy solution for evolving tax practices Looking to scale back tax clients that are below-the-threshold? Get paid for each client you refer with Intuits new program! All rights reserved.

Technology

Accounting Today

JULY 17, 2025

Stephen Berman and Ronald Green are joining Andersen as managing directors along with their team of tax professionals. Joining Andersen marks an exciting new chapter for our team and our clients," Berman said in a statement. relocate offices; and more news from across the profession. All rights reserved.

Technology

Accounting Today

JULY 25, 2025

NEW JERSEY Dan Laidlaw Dan Laidlaw was hired as a partner at Rosenberg Rich Baker Berman and managing member at RRBB Advisors, Somerset, joining the assurance and SEC practices. All rights reserved. MICHIGAN Laura LaPeer was appointed chief financial officer at UHY, Farmington Hills.

Rhode Island

Accounting Today

JUNE 27, 2025

names co-MP By Danielle Lee June 27, 2025 11:37 AM Facebook Twitter LinkedIn Email ICPAS bestows 2025 Lifetime Achievement Award; UHY appoints first chief growth officer; and more news from across the profession. CALIFORNIA Evan Staggs Evan Staggs was hired as a partner in the tax practice at Weaver, Woodland Hills.

Technology

Going Concern

OCTOBER 25, 2024

Regulator clears four of nine PwC tax agents over leaks scandal [ Australian Financial Review ] The tax agents’ regulator has cleared four of the nine former PwC tax agents it was investigating in the firm’s tax leaks scandal, with five other investigations expected to be finished by the end of the year.

accounting and finance

Accounting Today

JUNE 9, 2025

As youve probably heard, theres a lot going on on the tax front in Washington, D.C., Its got a host of tax provisions and some other provisions that could affect their profession in it as well. But were just going to really talk about the tax provisions right now that affect that. All rights reserved. as we record this.

Washington

Accounting Today

JULY 21, 2025

EDT 6 Min Read Facebook Twitter LinkedIn Email Big rigged; fearsome foursome; NYPD blue; and other highlights of recent tax cases. Union City, Georgia: Truck driver Dantavious Jackson, 39, who operated a ghost tax prep business, has pleaded guilty to making claims for refunds of false pandemic-related employment tax credits.

Rhode Island

Accounting Today

JULY 17, 2025

Brown Plus C&D Cg Tax, Audit & Advisory Clark, Raymond & Co. Gatto, Pope & Walwick Gish Seiden Global Tax Network GMS Surgent GRF CPAs and Advisors Han Group Hannis T. relocate offices; and more news from across the profession. All rights reserved. Boyer & Ritter Bregante + Co. BrooksWatson & Co.

accountant

Accounting Today

AUGUST 1, 2025

The professional and business services sector lost 14,000 jobs, including 600 in accounting, tax preparation, bookkeeping and payroll services. Get paid for each client you refer with Intuits new program! All rights reserved. By Chris Gaetano August 1 Like what you see?

accountant

Withum

JULY 22, 2025

While the OBBBA does not directly amend state and local income tax laws, some of the new provisions impact state income taxes in states that use Federal Taxable Income or Adjusted Gross Income as the starting point for state corporate income and personal income taxes, respectively.

income tax