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Colorado Mulls Simplifying Retail Delivery Fee Requirements

CPA Practice

By Gail Cole A bill making its way through the Colorado General Assembly could help all businesses, and especially small businesses, comply with the retail delivery fee (RDF) that took effect July 1, 2022. What is the Colorado retail delivery fee? Benefits to the state The retail delivery fee benefits Colorado in a few ways.

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Monday Morning Accounting News Brief: Feds Raid PwC; Big 4 Wants to Be Like Grant Thornton!? | 11.4.24

Going Concern

HR Dive discusses the recent CPE situation at EY : A recent scandal involving online training at Ernst & Young has pulled back the curtain on the time and ethical pressures accountants and finance teams are under to balance the demands of client work with ongoing professional training requirements.

Account 105
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What's new in May for state sales and use taxes

TaxConnex

Despite all good intentions of municipal representatives of both parties, replacing the revenue that would be lost with a sales tax exemption on groceries has been plagued with what one city finance director called “choice overload.”. Beginning July 1, Colorado cities cannot charge out-of-state businesses for local licenses.

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How Are Public Accounting Salaries Stacking Up For 2023? (Part 4, Hays U.S.)

Going Concern

The latest group of fortune tellers gazing into crystal balls to figure out what accounting salaries will be like next year are from the recruitment firm Hays U.S. In its 2023 salary guide , Hays provides salary ranges for accounting and finance jobs in nine states, plus the District of Columbia. Colorado: $60,000-$75,000.

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States ease nexus thresholds

TaxConnex

South Dakota joins California, Colorado, Iowa, Maine, North Dakota, Washington and Wisconsin in eliminating transaction-based nexus thresholds. Ron Wyden (D-OR), chair of the Committee on Finance that last year examined the impact of Wayfair on small businesses. Some states never adopted one.) Starting Aug.

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A Strategic Timeline for Implementing a Sales Tax Strategy and Process - Part 2 | TaxConnex

TaxConnex

For example, if you’re looking to sell your business in the future or to secure outside financing, it’s more likely you’ll want to mitigate sales tax exposure before it becomes a due diligence headache down the road. In this case, you might be able to leverage your existing accounting system. You may have to look at augmentation.

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Building CPA Practice From Scratch: Luke Gheen

BuildYourFirm

in Colorado Springs, did – in his early 30s and without any public accounting experience. In this episode of Accounting Marketing Doesn’t Suck , Hugh Duffy talks with Luke about his decision to strike out on his own, the challenges he faced and how he landed many of his clients because of unsatisfactory service.

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