article thumbnail

Sales Tax Hive Roundtable Launches to Help Bookkeepers and Accountants Tackle Sales Tax with Confidence

CPA Practice

OBannon The Sales Tax Sisters, Mary Thomas (Attorney and CPA) and Stephanie Thomas (CPA), are excited to announce their partnership with Roundtable Labs to launch The Sales Tax Hive , a new roundtable community designed exclusively for bookkeepers, accountants, and finance professionals navigating the complexities of sales and use tax.

article thumbnail

Demand for Automation in Sales Tax Compliance is Rising, Avalara Says

CPA Practice

tax professionals responsible for managing sales tax obligations for independent retailers reveals that 97% of respondents say they have automated or plan to automate their sales tax compliance process. Other key challenges include managing sales tax exemptions (17%), calculating correct tax rates (15%), and filing taxes on time (12%).

Sales 116
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Holiday payroll survival guide

Reckon

While there are undoubtedly sales to be made, if you don’t have the right plan and procedures in place, you could end up costing your business. Holiday payroll checklist Having a game plan for the holidays ensures you are on the same page as your employees and ready to trade. The first 2 hours of overtime are generally calculated as 1.5

payroll 52
article thumbnail

S Corporations: Tax Preparation, Tax Planning, and the Benefits of Professional Tax Help

MyIRSRelief

However, they must pay themselves a reasonable salary, which is subject to payroll taxes. Payroll Taxes S Corporations with employees must file payroll tax returns, including Form 941 (Employer’s Quarterly Federal Tax Return) and Form 940 (Employer’s Annual Federal Unemployment Tax Return).

article thumbnail

Investigating Unreported Cash Sales

FraudFiles

But Tracy Coenen has some techniques she uses to try to uncover unreported cash sales. Tracy mentions some of the things she analyzes like credit payroll records, equipment purchases, and [.] It is difficult because cash leaves no paper trail. She gives examples including restaurants and laundromats.

Sales 52
article thumbnail

Texas Accounting Firm Brown Graham Celebrates 70th Anniversary

CPA Practice

Search for: Home About Us Log In Subscribe for Free My Account Log Out Accounting & Auditing Accounting ESG Financial Reporting Nonprofit Small Business Auditing Audit Standards PCAOB SEC Tax Taxes Income Tax IRS Legislation Sales Tax State Local Taxes Tax Planning Payroll Payroll Benefits Human Resources Payroll Software Payroll Taxes Tech Technology (..)

Texas 109
article thumbnail

Special Report: 2025 Readers’ Choice Awards

CPA Practice

Jason Bramwell Payroll June 30, 2025  Half of Managers Use AI To Determine Who Gets Promoted and Fired 78% use AI to determine raises, 77% for promotions, 66% for layoffs, and 64% for terminations.