OSCPA gives $54K in scholarships to Oklahoma accounting students
Accounting Today
JULY 7, 2022
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Oklahoma Accused Of Seeking Illegal Bank Account Access
PYMNTS
JUNE 20, 2016
The Oklahoma Department of Public Safety (DPS) is coming under fire for its alleged request for illegal access to consumer bank accounts. The ACLU of Oklahoma confirmed there are state records proving that the request for the capability was made to manufacturer ERAD Group. ” Security & Fraud aclu Oklahoma What's Hot
Oklahoma State Tax Updates
Withum
FEBRUARY 3, 2022
For the latest news and updates on Oklahoma state and local tax. Oklahoma Tax Commission Determines Taxpayer’s Prosthetic Device Sales Were Exempt from Sales Tax. An Oklahoma Tax Commission Letter Ruling (Okla. Oklahoma Income Tax Return Now Due July 15.
Bitcoin Daily: OK Bill Would Create Blockchain Body; Central Asia Steps Up Crypto Mining; Crypto, RBI Case Back In Court
PYMNTS
JANUARY 19, 2020
“Oklahoma is committing to partner with innovative technology, help develop next-generation financial products, and safely grow unique technical and financial sectors in this state,” the bill said. .
Sales Tax and Vitamins/Dietary Supplements
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).
What's new in state sales and use taxes
TaxConnex
JULY 12, 2022
Oklahoma amended its definition of “marketplace facilitator” to include a person that facilitates not only retail sales of tangible personal property but all retail sales. There’s always something changing in the world of tax, especially sales tax.
Gross vs. taxable sales: Which count toward economic nexus?
TaxConnex
JUNE 14, 2022
Currently, states with an economic nexus threshold that don’t include gross sales include Alabama, Arkansas, Colorado, Minnesota (though there are special rules concerning “solicitors” in the state) and Oklahoma.
The Facts About Surcharges
Lockstep
NOVEMBER 9, 2022
The following states prohibit surcharges or restrict the use of the surcharge: California, Colorado, Connecticut, Florida, Kansas, Maine, Massachusetts, New York, Oklahoma, and Texas. Guest Contribution from Fortis. What to know before you charge.
Sales tax holidays for the rest of the year
TaxConnex
AUGUST 2, 2022
5-6) and Missouri, New Mexico, Ohio, Oklahoma, South Carolina, Texas and Virginia (all Aug. Holiday time already? In many states, sales tax holidays have been in full swing this year and will continue for months to come.
Coronavirus Refunds: Jimmy Buffett Fans To Get Reimbursement Option For Tour
PYMNTS
MAY 22, 2020
Jimmy Buffett and The Coral Reefer Band said they were not able to reschedule dates for their concerts at Chicago, Illinois’ United Center; Oklahoma City, Oklahoma’s Chesapeake Energy Arena; and Mountain View, California’s Shoreline Amphitheatre.
Seeing green: States learn the importance of sales tax
TaxConnex
MARCH 17, 2022
It would be nice to continue at this pace indefinitely,” Muninger told Oklahoma news outlets, “but we know that’s not possible.”. Economic nexus is now pretty much the law of the land for all states with a statewide sales tax. But what has been the impact on states?
State Benefiting from Economic Nexus During the Pandemic
TaxConnex
SEPTEMBER 17, 2020
In Oklahoma , “a small increase” online sales helped partially offset a 4.6% States are still reeling in sales tax deficits brought on by the economic downturn during the pandemic, but the addition of economic nexus has appeared to have somewhat alleviated the deficits.
Sales Tax on Shipping: When Does it Apply?
TaxConnex
JANUARY 11, 2022
Stating the shipping cost separately on the invoice affects its taxability in Alabama, Arizona, Illinois, Iowa, Maryland, Oklahoma, Utah, Virginia and Wyoming.
State Legislative Update: Tax Relief Opportunities and New Tax Obligations Enacted in 2022
ThomsonReuters
JUNE 15, 2022
New Sales Tax Obligations in Rhode Island and Oklahoma. Oklahoma Marketplace Facilitator Expansion. Product” means tangible personal property, services, or other transactions taxable under the Oklahoma sales tax code.
Monthly State Sales and Use Tax Update
TaxConnex
OCTOBER 7, 2021
Oklahoma’s sales and use tax rule change on multi-level sales now details that if the products are not sold from the multi-level vendor in their original form and packaging to the distributor, the distributor is required to collect tax on the sales price of the final product sold to the consumer.
Preparing Your Business for Sales Tax Holidays
TaxConnex
JULY 8, 2021
But holidays cover both state and local taxes in Oklahoma, Virginia, Texas, and other states. Many states use sales tax holidays to waive or reduce sales tax on various items. These holidays can be annual or even two or more times a year.
What's new in July for state sales and use taxes
TaxConnex
AUGUST 9, 2022
Oklahoma now provides an exemption to nonprofits dedicated to disaster recovery. 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. Holiday hucksterism? State sales tax holidays fail to live up to the hype.
Shrinking the Delaware Tax Loophole: Other U.S. States to Incorporate Your Business
inDinero
APRIL 20, 2021
Currently, Alabama, Arkansas, Delaware, Georgia, Illinois, Louisiana, Missouri, New York, North Carolina, and Oklahoma have a franchise tax. Incorporation is a critical legal matter that impacts more than your company’s tax responsibilities for doing business.
Walmart, Instacart Partner On Same-Day Delivery To Battle Amazon’s Whole Foods
PYMNTS
AUGUST 11, 2020
The service is being tested in four California and Oklahoma markets and solidifies the San Francisco-based grocery delivery and pickup service in the U.S. Walmart Inc. and Instacart have teamed up to offer same-day delivery in select U.S.
Salaries
RitaKeller
OCTOBER 14, 2021
Yesterday, I read a post by goingconcern addressing CPA salaries in eight cities: Baltimore, Cincinnati, Detroit, Indianapolis, Louisville, Milwaukee, Oklahoma City, and St Louis. “These men ask for just the same thing, fairness, and fairness only. This, so far as in my power, they, and all others, shall have.” ” – Abraham Lincoln. I always get questions about salaries for the CPA profession.
Google Slapped With Antitrust Lawsuit Filed By Coalition Of 38 States
PYMNTS
DECEMBER 17, 2020
A coalition of 38 state attorneys general filed an antitrust lawsuit against Google , accusing the search giant of engaging in anti-competitive practices, the Associated Press (AP) reported on Thursday (Dec. The federal lawsuit was filed in Washington, D.C.
Modal, Honda Collaborate On Financing For eCommerce Platform
PYMNTS
DECEMBER 8, 2020
It's designed with the buyer in mind," said Luke Moore, digital experience manager at Bob Moore Automotive Group, the largest automotive group in Oklahoma. The surge in automotive online purchasing traffic sparked by the pandemic has led to increased demand for eCommerce.
Instacart-Walmart Delivery Pact Heats Up Online Grocery Wars
PYMNTS
AUGUST 11, 2020
11), reported by CNBC , that retail behemoth Walmart has struck a partnership with Instacart to offer same-day deliver across a few, select markets in the United States, focused on four initial pilots in Oklahoma and California.
Team With No Accounting Majors Takes On Another Team With No Accounting Majors For Men’s College Basketball Supremacy
Going Concern
APRIL 4, 2022
Manek was a four-year starter at the University of Oklahoma and graduated with a degree in business administration/management. Tonight at the Caesars Superdome in New Orleans, the eighth-seeded North Carolina Tar Heels will be taking on the No.
Accountants Behaving Badly: Egg Accountant Finally Cracked, and Lots of Embezzlement
Going Concern
SEPTEMBER 9, 2022
Oklahoma court-appointed accountant faces embezzlement charges after allegedly stealing $1.2 An Oklahoma court-appointed accountant faces embezzlement charges after allegedly stealing $1.2 PLUS: KPMG is accused in a lawsuit of “appalling” audit work that allowed a U.S.-listed
Another 1.3M Americans Filed Jobless Claims Last Week; Total Now Stands At 49+M
PYMNTS
JULY 9, 2020
The largest decreases were seen in Oklahoma (40,208), Florida (11,313), Maryland (9,926), Georgia (8,240) and California (7,132). The U.S.
US Jobless Claims Down, But Still Above 1.5M
PYMNTS
JUNE 18, 2020
Unemployment claims fell slightly to 1.5 million last week, the 11th consecutive week the jobless numbers have declined, but higher than economists expected, according to new data from the U.S. Department of Labor released Thursday (June 18).
Another 1.5M Americans File For Unemployment, But Durable Goods Orders Rebound
PYMNTS
JUNE 25, 2020
The nation’s economic numbers were a mixed bag Thursday (June 25) with a higher-than-expected 1.5 million Americans filing jobless claims while durable goods orders rose by nearly 16 percent in May.
Gold’s Gym Files For Chapter 11 Bankruptcy
PYMNTS
MAY 5, 2020
including Texas, Oklahoma, St. Gold’s Gym International Inc. filed for Chapter 11 bankruptcy protection on Tuesday (May 5), citing financial disruptions created by the COVID-19 pandemic, per a company statement.
Last Labor Report Before Election Shows Drop In US Jobless Claims
PYMNTS
OCTOBER 29, 2020
Seasonally adjusted initial unemployment claims dipped to 751,000 the week ending Oct. 24, some 40,000 lower than the previous week's revised levels, according to the Thursday (Oct. 29) report from the U.S. Department of Labor (DOL). The previous week's revised level was upped 4,000 from 787,000 to 791,000. The seasonally adjusted insured unemployment rate dropped 0.5 percent from the previous week's revised rate to 5.3 percent for the week ending Oct. The previous week's rate was revised from 5.8
Instacart To Offer Same-Day Delivery Of Sephora Products
PYMNTS
SEPTEMBER 24, 2020
focused on four initial pilots in Oklahoma and California. As customer demand increases, Instacart , the San Francisco-based grocery delivery service, announced on Thursday (Sept. 24) a partnership with Sephora to offer same-day delivery from most of its stores. The Paris-headquartered retail chain of personal care and beauty stores has more than 400 shops across North America that feature nearly 3,000 brands, along with its own private label.
Verizon Plans Rollout Of 5G In 30 U.S. Cities In 2019
PYMNTS
FEBRUARY 21, 2019
As for AT&T, it reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas. Verizon will be bringing its 5G technology to 30 U.S. cities by the end of the year, according to reports.
Apple To Shutter 30 More US Stores Again Amid Pandemic
PYMNTS
JULY 2, 2020
Locations in California, Alabama, Idaho, Georgia, Oklahoma, Nevada and Louisiana are set to shutter on Thursday, while shops in Mississippi, Texas, Florida and Utah were shuttered as of Wednesday (July 1).
California Goes Back Under Lockdown
PYMNTS
JULY 13, 2020
Cases in Alabama, Alaska, Arkansas, Georgia, Hawaii, Idaho, Louisiana, Montana, Nevada, Oklahoma, South Carolina, Tennessee and West Virginia surged by more than 20 percent in the past week, according to Johns Hopkins. . The number of coronavirus cases in the U.S. surpassed 3.3
Delayed Reaction to Hacking Breach Leads to $875,000 HIPAA Settlement
ThomsonReuters
JULY 21, 2022
HHS Resolution Agreement: Oklahoma State University—Center for Health Sciences (May 10, 2022); HHS News Release (July 14, 2022). Available at [link].
US Home Sales Hit Highest January Peak In Years
PYMNTS
FEBRUARY 18, 2020
The company, now available in 22 markets, now covers most of Southern California, and there are plans to expand to Cincinnati, Ohio; Jacksonville, Florida; Oklahoma City and Tucson, Arizona. .
These 10 LCOL Cities Are Expected to Have Higher-Than-Average Public Accounting Starting Salaries in 2023
Going Concern
OCTOBER 6, 2022
Over the last week we ’ve taken a look at projected public accounting starting salaries in 2023 for eight cities with a high cost of living and 12 cities with a medium cost of living , and how those salaries compare to the national averages contained in the 2023 Robert Half Accounting & Finance Salary Guide.
Shopping Comes To Apple TV
PYMNTS
MARCH 14, 2016
The service, which debuted at SXSW Interactive on Saturday (March 12), highlights the omnicommerce functionality of selling on a large-screen format through partnerships with two NBA teams — Kevin Durant’s Oklahoma City Thunder and Stephen Curry’s league-leading Golden State Warriors. Customers have become more a than a little familiar with shopping on their computers or any manner of mobile device.
Apple Lets College Students Store IDs On Apple Devices
PYMNTS
OCTOBER 2, 2018
According to a report in CNBC , students at Duke University, University of Alabama and University of Oklahoma can store their student IDs on their iPhone or Apple Wallet. Apple has inked a deal with three universities in the U.S., enabling students to store their student IDs on their Apple devices. Apple initially announced the service in June at its annual developer conference.
Kohl’s To Reopen Stores In 10 Additional States
PYMNTS
MAY 8, 2020
The retailer had opened stores again on Monday (May 4) in South Carolina, Utah, Oklahoma and Arkansas. “We After opening retail locations in four states, Kohl’s said it intends to open stores in 10 more states on Monday (May 11) as it follows a phased approach to retail reopening.
PSCU Study Shows Overall Spending Down Amid Coronavirus Pandemic
PYMNTS
APRIL 13, 2020
In the eight states with no shelter-at-home orders – North Dakota, South Dakota, Nebraska, Iowa, Arkansas, Oklahoma, Wyoming and Utah – spending was still down, but by less.
Payments Processor nCourt Left Years Of Data Exposed
PYMNTS
APRIL 7, 2020
Payments processor nCourt , used by Arkansas and Oklahoma to collect court and utility fees, has apparently left years of user data unsecured, according to a report by TechCrunch.
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