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Payroll Taxes Demystified: A Breakdown for Accountants and CPAs Serving Business Owners

CPA Practice

Out-of-State Employees Your business clients who hire employees in other states must register with that state’s tax department to contribute payroll and unemployment taxes. Your client will be assigned an employer tax account number for the state. and West Virginia) Washington, D.C. and West Virginia) Washington, D.C.

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State CPA Society News & Updates

CPA Practice

PICPA also announced a coming legislative update scheduled for March of 2023 that will cover Pennsylvania Gov. Tennessee: The Tennessee Society of CPAs (TSCPA) recently released its Updated Fiscal Year 2021 Tennessee Tax Credit Report which provides a detailed list of all credits claimed for tax periods July 1, 2020 to June 30, 2021.

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Accounting Firms Continue to Prioritize Work-Life Balance

CPA Practice

Last summer she became a tax accountant at wealth management firm Stonehage Fleming. The 2024 tax and audit season, which generally stretches from mid-January to mid- or late April, hasn’t been quite as challenging as it was in pandemic years, industry experts said. That added to the workload for those who remained.

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How to Efficiently Complete a Business Personal Property Rendition

CPA Practice

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.

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CPE Webinar September 12, 2023: Cybersecurity for the Tax Practitioner

CPA Practice

Ann is a graduate of the Wharton School at the University of Pennsylvania. A veteran of accounting journalism, she also speaks at many accounting events, trade shows, and webinars. She has taught introductory accounting and personal finance courses, and she is a former computer applications instructor at the Indiana CPA Society.

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2022 Outlook for Potential FUTA Credit Reduction States

ThomsonReuters

These states include California, Illinois, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, and Texas, which are all states ranked among those with the largest economies in the country. If these loans are not repaid in 2022, up to 18 states could become FUTA credit reduction states for that tax year. states and the U.S.

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Friday Footnotes: RSM Layoffs; The Leader Who Cried On His First Day; Advisory Pays Better (Duh) | 5.5.23

Going Concern

Entry-level CPAs in advisory practices are making $11,000 more than CPAs starting out in audit and tax, and $20,000 more than non-CPAs in advisory. Founded in 2003 and headquartered in Chicago, NDH provides sophisticated tax, accounting and advisory services to more than 1,500 clients throughout the United States.

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