CPA Practice

MARCH 7, 2023

Today’s CPAs need deeper skill sets, more competencies and greater knowledge of emerging technologies and their impact on tax, accounting and audit,” explains the AICPA in unveiling blueprints for the 2024 CPA Exam. Modernizing the accounting licensure model could help. You have to sell them.”

Technology 137

Technology CPA cpas audit 137

TaxConnex

JUNE 9, 2022

Voters will likely be asked this fall if they’re willing to increase the city’s 5% sales tax to 6% during the summer in exchange for exempting food from sales tax year-round. The taxpayer, a bank, purchased computerized services that maintained the accounting system and services on a real-time basis. Time for a renovation?

Sales 193

Sales Tax Colorado Massachusetts 193

Going Concern

SEPTEMBER 15, 2023

Sioux Falls CPA firm marks century in business [ SiouxFalls.Business ] The fourth-generation Sioux Falls firm Nelson & Nelson CPAs celebrates 100 years in business, providing tax, accounting, payroll and bookkeeping services. James Nelson started the firm in the city in 1923.

audit 93

audit Colorado CPA Texas 93

ThomsonReuters

FEBRUARY 1, 2021

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.

Hawaii 89

Hawaii Nevada California New Jersey 89

ThomsonReuters

MARCH 22, 2021

Recent Arkansas legislation says that benefits will not be charged against the unemployment tax account of an employer starting with the week ending April 4, 2020 if the benefits paid are a direct result of the Arkansas Governor declaring a disaster emergency or a disaster resulting in a state or federal disaster declaration.

payroll 52

payroll Tax Arkansas Texas 52

Going Concern

APRIL 6, 2022

According to trusty ole Bob, starting pay in each of the 10 public accounting roles included in the 2022 salary guide is expected to rise by an average of between 1.4% Starting salaries in Tax and Audit are up ever-so-slightly from 2021: Tax. Senior tax accountant: 1.4%. Tax accountant, 1-3 years’ experience: 1.6%.

accountant salary 53

accountant salary Account accountant accounted 53

ThomsonReuters

JUNE 21, 2021

COVID-19 related claims filed between March 14, 2021, through July 3, 2021, will not be charged against employer accounts. . Unemployment tax rates set at pre-COVID-19 levels. . The Texas Workforce Commission (TWC) has announced ?that Unemployment accounts not chargeable for unemployment benefits. .

payroll 52

payroll Tax Missouri Massachusetts 52

xendoo

JANUARY 16, 2023

There are also states that don’t have personal income taxes. If you are in one of the below states, you don’t have to file and pay state income taxes on earnings. Alaska Florida Nevada South Dakota Tennessee (on wages) Texas Washington (state) Wyoming Even though some states don’t have an income tax, they may have other taxes.

business tax 52

business tax Tax income tax payroll tax 52

Withum

NOVEMBER 17, 2022

For example, common states where people move to reduce state taxes are Florida, Texas, Wyoming, and Nevada. Consider increasing the amount you set aside for next year in your employer’s health flexible spending account (FSA). To qualify as a small business, a taxpayer must, among other things, satisfy a gross receipts test.

tax planning 98

tax planning Tax Construction income tax 98

TaxConnex

MARCH 2, 2021

Taxpayers who participate in the program also will be given penalty relief for any non-compliance for past due returns that were not filed and taxes that were not paid. Texas sales tax collections totaled $3.07 Total sales tax collections for the three months ending in January 2021 was down 3.9% less than in January 2020.

Sales 230

Sales Tax Missouri Wisconsin 230