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Complexities of Sales Tax: Technology

TaxConnex

Technology companies, and specifically software companies, have always had challenges related to managing sales tax. Tech companies – especially those dealing in downloads of software and (SaaS) delivery – can protect themselves if they understand key terms and processes. Sales Tax Nexus. Texas exempts 20% of the charge for SaaS.

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The Most Complex States for Personal Property Tax Compliance

CPA Practice

California, New Mexico, South Carolina, and Maricopa County, Arizona), while others still require taxpayers to file by mailing paper returns. Simplify property tax compliance with automation If property tax compliance makes your head spin, why not leave it to an expert? Some states and counties are introducing e-filing (e.g.,

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Tricky items for sales tax (Part 2)

TaxConnex

South Carolina, Ohio and Virginia exempt some protective clothing. And over the last few years many states have changed their tune on the taxability of technology, digital goods, software and SaaS. SaaS is currently the predominant delivery method for tech/software companies, followed by electronically downloaded software.

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Accountants Aren’t the Most Concerned About AI’s Impact—Except in One State

CPA Practice

In fact, by 2030, it is predicted that 30% of jobs will be automated through various AI technologies, leading many people to worry about their changing roles,” DevRev said.

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AICPA News – Nov. 2023

CPA Practice

Carter, Texas Tech University Angelica G. Jefferson, Virginia Commonwealth University DMyrian Frederick, Virginia Tech Isaac L. The 2023–24 Minority Doctoral Fellowship recipients and the universities they are attending are as follows: Allison A. Castro Cardenas, University of Texas at El Paso Asabé A. That rate eclipses the 4.2%

Texas 115
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AICPA Council Approves 12-Point Plan to Do F*ck All to Solve the Accountant Shortage

Going Concern

It won’t totally fix the problem but it’ll at least push the needle and get us through this rough spot before automation saves the day and puts everyone out of a job like they’ve been threatening it will for a decade now. Maybe that’s why firms are putting so much money into technology investments and AI ?

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IP Address Fraud Case Shows Ease Of Hiding Identity On The Web

PYMNTS

In this first-of-its-kind fraud prosecution of a small technology company, Golestan is facing 20 counts of wire fraud in a suit brought in the U.S. District Court in South Carolina. Golestan and his corporation have pleaded not guilty.