TaxConnex

DECEMBER 10, 2020

The case was referred to investigators after an auditor found that the business hadn’t filed quarterly sales tax returns or remitted sales tax collected for that period. In another case, Ohio AG Dave Yost is trying to crack down on online retailers of beer and wine with a recent injunction in federal court this week.

Sales 158

Sales Tax Ohio Nebraska 158

CPA Practice

APRIL 12, 2023

million people across the nation (state-by-state list below) have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return. billion in refunds remain unclaimed because people haven’t filed their 2019 tax returns yet. Need to file a 2019 tax return?

Rhode Island 122

Rhode Island tax return Tax West Virginia 122

TaxConnex

SEPTEMBER 28, 2023

(Many of the software and service providers who claim to manage sales tax for you don’t help with registrations, and if they do it comes at extra cost.) Should you register for sales tax, seller’s use tax or consumer’s use tax? As a seller, you will likely register for either sales tax or seller’s use tax.

Sales 147

Sales Tax West Virginia North Dakota 147

CPA Practice

APRIL 15, 2024

Meyer wrongfully advised clients they could legally access their donated assets for their own personal use through tax-free loans and execute an “exit strategy” to buy back their donations at a significantly discounted rate. Goldberg of the Justice Department’s Tax Division made the announcement.

Florida 59

Florida Tax tax planning Ohio 59

CPA Practice

APRIL 16, 2024

Meyer wrongfully advised clients they could legally access their donated assets for their own personal use through tax-free loans and execute an “exit strategy” to buy back their donations at a significantly discounted rate. Goldberg of the Justice Department’s Tax Division made the announcement.

Florida 52

Florida Tax tax planning Ohio 52

TaxConnex

JANUARY 26, 2023

The Division of Tax Appeals found that the individual had the authority to sign checks and prepare tax returns on behalf of the LLC and that his primary duties were listed as tax manager or general manager.

Sales 130

Sales Tax Arkansas Missouri 130

TaxConnex

NOVEMBER 5, 2020

Understanding these variables enables the proper calculation of sales tax. Preparing and filing the sales tax returns. In this step, you are registering for sales tax purposes with the various jurisdictions, preparing and filing returns, paying the jurisdictions, responding to jurisdictional questions/notices, etc.

Technology 223

Technology Sales Tax tax return 223

CPA Practice

APRIL 14, 2023

have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return, the IRS said on Wednesday. billion in refunds remain unclaimed because people have not filed their 2019 tax returns yet. People face a July 17 deadline to file their returns. million people across the U.S.

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

CPA Practice

APRIL 13, 2023

have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return, the IRS said on Wednesday. billion in refunds remain unclaimed because people have not filed their 2019 tax returns yet. People face a July 17 deadline to file their returns. million people across the U.S.

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

Cherry Bekaert

NOVEMBER 16, 2023

If a refund check was received, void it, include a statement for “ERC withdrawal,” and return it with an explanation to Cincinnati Refund Inquiry Unit, PO Box 145500, Mail Stop 536 G, Cincinnati, Ohio, 45250. The IRS will send a letter telling you if the withdrawal was accepted or rejected.

tax return 52

tax return audit income tax Ohio 52

TaxConnex

DECEMBER 23, 2021

The Sales Tax Institute reports that Maine, Illinois, California, Massachusetts, Wisconsin and Washington have been the most aggressive states in sending notices and audit requests. Industry observers look for New York, Ohio and New Jersey to soon intensify enforcement. Get to work on this first and fast.

audit 168

audit Sales Tax auditor 168

PYMNTS

MAY 22, 2020

The measure limits independent contractors and the self-employed to borrow up to two months of their pay based on their 2019 income tax return or $15,385, whichever is less, toward forgiveness. If they can’t convince the SBA they met those requirements, borrowers have two years to repay it at a 1 percent interest rate.

Ohio 99

Ohio payroll income tax tax return 99

Anders CPA

SEPTEMBER 28, 2022

Many states don’t require a company to collect tax if all they provide is nontaxable services. How a state may define SaaS could determine if a company is required to file a sales tax return in a particular state, regardless of if SaaS is actually taxable by law within that given state.

Rhode Island 52

Rhode Island West Virginia South Dakota South Carolina 52

KROST

FEBRUARY 24, 2021

Under the third test, failing to certify, under penalties of perjury, that all federal tax obligations have been met for the five-year period leading up to the year of expatriation deeming an individual a covered expatriate for US tax purposes. Expatriate tax return compliance. Tax , International Tax.

Tax 52

Tax Ohio tax return California 52

Going Concern

MARCH 25, 2022

I would have thought that accountants would be seen as boring, but effective and the perfect person to do a good job on your tax return,” Wijnand Van Tilburg, a study co-author and senior lecturer in the university’s psychology department, said in a statement last week. Louis worked as a Tax Examiner for the IRS from 1985 to 1994.

tax return 52

tax return audit auditor cpas 52

ThomsonReuters

FEBRUARY 1, 2021

The FUTA tax rate is currently 6.0% FUTA tax credit reduction when they file their Form 940 (Employer’s Annual Federal Unemployment (FUTA) Tax Return), resulting in a net FUTA tax rate of 0.6%.FUTA on the first $7,000 in wages per employee each year. However, employers generally receive a 5.4%

Hawaii 89

Hawaii Nevada California New Jersey 89

CPA Practice

MAY 17, 2023

Most states tax personal property owned by businesses and require businesses to complete and file a personal property rendition every year. The exceptions to that rule are Delaware, Hawaii, Illinois, Iowa, Minnesota, New Hampshire, New Jersey, New York, North Dakota, Ohio, Pennsylvania, and South Dakota.

South Dakota 105

South Dakota North Dakota Real Estate Washington 105

Going Concern

SEPTEMBER 29, 2023

Smucker — makers of Smucker’s jam, Folger’s coffee and Jif peanut butter — has an innovative return to office policy. The company expects each of its roughly 1,300 Orrville, Ohio-based corporate workers to be on site for 22 “core” weeks a year.

auditor 93

auditor audit New York CPA 93

ThomsonReuters

JUNE 22, 2021

Beginning July 1, new forms will be used to report withholding tax. Form TRD-41414, Wage Withholding Tax Return, will be used to report withholding from payments to employees. Form TRD-41409, Non-Wage Withholding Tax Return, will be used to report withholding from non-wage payments. New Mexico. per hour. .

payroll 72

payroll Virginia Utah West Virginia 72

Going Concern

JUNE 23, 2023

was sentenced today to 18 months in prison, followed by one year of supervised release to include home confinement, for tax fraud. On January 24, Harrison pled guilty willfully filing a false tax return with respect to nearly $25 million in unreported income he paid to himself from his company. million in additional restitution.

cpa firm 95

cpa firm CPA auditor North Carolina 95

ThomsonReuters

FEBRUARY 6, 2024

The owners include their allocated share of the businesses’ profits in their income tax return and pay the ordinary individual income tax. businesses that are not subject to the corporate income tax because they are taxed as “pass-through” entities. In short, there are U.S.

Tax 52

Tax income tax Oregon Ohio 52

CPA Practice

APRIL 10, 2023

These taxes are administered by the Wisconsin Department of Revenue. Marketplaces are also responsible for applicable municipal room taxes in Wisconsin. The department’s list of jurisdictions with a room tax is 66 pages long, and it may not account for every jurisdiction with a municipal room tax.

Tax 85

Tax West Virginia Wisconsin Virginia 85

CPA Practice

JANUARY 12, 2024

But one of the one of the major things I think that needs to be said about it is that the major the major AI initiative that TR is chasing is the is incorporating sure preps document and information ingesting process on the front end of a tax return. And so they’re trying to use automation technology. Randy Johnston 11:39 Yeah.

Technology 40

Technology Account accountant accounted 40

Going Concern

NOVEMBER 10, 2023

Sikich Expands in Northeast Ohio with Acquisition of Thornhill Financial [ PR Newswire ] Sikich announced today that it has signed an agreement to acquire the operating assets of Thornhill Financial, LLC, a Cleveland-based accounting firm that provides tax, audit and financial advisory services.

audit 94

audit accounting and finance auditor Mississippi 94

Going Concern

AUGUST 4, 2023

Firm Watch Weaver promoted at accounting firm [ The Courier ] Jaimee Weaver has been named managing principal for CliftonLarsonAllen (CLA) accounting firm in Western Ohio, which includes Findlay, Maumee and Toledo offices. This is a well-earned advancement to help us lead our efforts in the Ohio region.”

cpa firm 89

cpa firm CPA accounting firms Ohio 89

CPA Practice

FEBRUARY 1, 2024

In its latest form, the bill will provide tax relief on wildfire-related settlement payments received after Dec. Over time and as supporters sought votes, the legislation expanded include compensation related to last February’s train derailment in East Palestine, Ohio. The tax package must pass the U.S. 31, 2019 and before Jan.

Tax 52

Tax California Ohio tax return 52

CPA Practice

MAY 19, 2023

The pair said their legislation would ensure that fewer small businesses and casual sellers have to deal with that tax paperwork for online sales. Ohio small businesses are frustrated with the 1099-K reporting threshold.

Tax 98

Tax Louisiana Missouri Ohio 98

PYMNTS

APRIL 1, 2020

Sherrod Brown of Ohio and Sen. He said they would be direct-deposited utilizing bank account information on-file from tax returns from the previous few years. So Senate Minority Leader Chuck Schumer, Sen.

Oregon 52

Oregon Ohio tax return Government 52

CPA Practice

JUNE 20, 2023

That’s up from the current maximum $2,000 benefit, which is only paid out at tax time. There was also an option to take some or all of the credit as a lump sum when filing annual tax returns. Sherrod Brown, D-Ohio, is the lead sponsor, and it has 40 co-sponsors including Finance Chair Ron Wyden, D-Ore.,

Tax 52

Tax Connecticut Ohio income tax 52

CPA Practice

MARCH 29, 2024

Weiss’ prosecution team has accused Biden of failing to timely pay his taxes on $7 million of income from 2016 to 2019, a period when prosecutors say he “performed very little actual work.” Biden paid off his tax debt, with penalties and interest, in 2021.

Delaware 98

Delaware Tax tax return Ohio 98

CPA Practice

JUNE 21, 2023

on Thursday to consider “documents protected under Internal Revenue Code section 6103,” which includes personal tax returns and related information. It’s the same statute that the Ways and Means panel under Democratic control last year invoked to review, and ultimately release to the public, former President Donald Trump’s tax returns.

tax return 52

tax return Tax Ohio Washington 52