TaxConnex

JULY 21, 2022

Understanding economic and physical nexus and the taxability of your products and services goes a long way to ensuring your sales tax compliance. But nothing’s that simple with sales tax. nexus requires remote sellers to collect sales tax because they hit certain thresholds of revenue or sales in states. Off to marketplace.

Sales 178

Sales Tax Pennsylvania Ohio 178

CPA Practice

JANUARY 23, 2024

Taylor, Kiplinger Consumer News Service (TNS) If you received an Arizona child tax rebate last year, you will have to report that amount on your federal income tax return. The IRS has classified the rebate payments as taxable income, meaning some Arizona families might have to pay taxes on the money they received. Arizona Gov.

Arizona 69

Arizona Tax income tax tax return 69

Withum

SEPTEMBER 16, 2022

It is no surprise that states are seeing significant growth in sales tax revenue, a trend fueled by changes in consumer spending during the pandemic. The third reason for higher sales tax revenue was the Wayfair decision in which the Supreme Court expanded the physical nexus requirement to include economic nexus (e.g.,

Sales 80

Sales Retail Tax South Dakota 80

CPA Practice

MAY 10, 2024

The firm in 2021 combined its tax reporting and audit/assurance businesses into one unit, trust solutions, with the remaining revenue stemming from consulting solutions, which includes tax consulting. Hui Chang , Partner, Consulting, Washington, D.C. Drucker , Partner, Trust, Washington, D.C.

New York 52

New York Washington audit tax consultant 52

xendoo

JANUARY 16, 2023

Filing taxes as a small business owner can be complex, with numerous factors to consider. From tax law revisions to the overwhelming number of forms, understanding your small business tax rate and how to file can be difficult. Your business entity type and preferred filing status will also affect your tax rate.

business tax 52

business tax Tax income tax payroll tax 52

CPA Practice

MAY 15, 2023

This year’s recipient is: Starletta Forson, CPA, is a senior tax consultant with Deloitte LLP, where she currently helps lead teams consisting of corporate, partnership, and individual entity tax engagements. An alumna of ICPAS’ Mary T. This year’s recipients are: Beth A.

Illinois 111

Illinois CPA accounting and finance tax consultant 111

CPA Practice

MARCH 10, 2023

He’s extremely well-suited for his current assignment, having strong management skills, an insider’s knowledge of Washington, and having already worked at the IRS. That money is expected to be used to modernize the agency’s outdated technology systems, improve taxpayer services, and to increase tax enforcement activities, among other things.

tax return 98

tax return Washington Tax tax consultant 98