TaxConnex

JUNE 20, 2023

South Dakota joins California, Colorado, Iowa, Maine, North Dakota, Washington and Wisconsin in eliminating transaction-based nexus thresholds. As of July 1, South Dakota is removing the 200-transaction threshold; only those selling $100,000 or more into the state will be required to register and collect and remit sales tax. Starting Aug.

South Dakota 246

South Dakota North Dakota Wisconsin Iowa 246

Accounting Today

MARCH 5, 2024

The Public Company Accounting Oversight Board revoked the registration of Gries & Associates and its founder, while imposing a $65,000 fine for violations that led to multiple financial restatements.

Colorado 72

Colorado audit accounted Account 72

Going Concern

DECEMBER 9, 2022

For this article, we selected four positions in audit and four in tax. For example: Audit associates in Colorado are expected to see a raise of between 7.1% In Georgia, audit managers and tax managers are expected to see salaries rise 22.2%, while tax directors are projected to have a bump in pay between 7.1% Tax senior.

accountant salary 110

accountant salary public accounting Colorado Georgia 110

CPA Practice

FEBRUARY 8, 2024

Cleveland-based top 15 accounting firm CBIZ acquired Erickson, Brown & Kloster, a full-service tax, accounting, and business consulting firm located in Colorado Springs, on Feb. Concurrent with this transaction, Mayer Hoffman McCann (MHM), the auditing arm of CBIZ, gained the attest assets of EBK.

Colorado 59

Colorado Real Estate cpas Manufacturing 59

TaxConnex

MARCH 10, 2022

Colorado home-rule jurisdictions jumped on the economic nexus bandwagon as well. Now that the pandemic helped them discover just how lucrative sales tax can be, states and jurisdictions are also intensifying sales tax investigations and audits. Louisiana worked to streamline its notoriously confusing sales tax environment; and Kansas?set

South Dakota 262

South Dakota Sales Tax Maryland 262

TaxConnex

MAY 11, 2021

In a few states, most notably Alabama, Colorado, and Louisiana, there are separate local level returns that you are required to file. Colorado alone has 73 home-rule jurisdictions each requiring their own sales tax return to be filed. Taxable sales amount. Sales tax collected. Specialty or reduced tax amounts.

Sales 162

Sales Tax Colorado tax return 162

TaxConnex

FEBRUARY 8, 2022

to Colorado Springs, Colo., There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent changes and updates. Oh Joy, oh revenue! State sales tax revenues and their local portions are reported up from Auburn, N.Y., from Santa Barbara, Calif., to Mukilteo, Wash.,

Sales 245

Sales Tennessee Tax Massachusetts 245

TaxConnex

FEBRUARY 25, 2021

A number of states - including Colorado, Georgia, Pennsylvania and Washington and more - have chosen to offer remote sellers the option of complying with strict use tax notification and reporting requirements rather than registering for sales tax under nexus provisions. Use tax or sales tax is due on a sale, but not both.

Rhode Island 235

Rhode Island Tax Colorado Georgia 235

TaxConnex

JUNE 22, 2023

The birth-state of Wayfair joins California, Colorado, Iowa, Maine, North Dakota, Washington and Wisconsin in eliminating transaction-based nexus thresholds. Colorado apparently listened and is exempting retailers whose sales of tangible personal property, commodities or services in the state in the previous year totaled $500,000 or less.

South Dakota 130

South Dakota North Dakota Colorado Minnesota 130

Going Concern

SEPTEMBER 15, 2023

Audit Comments Raise Concerns About PCAOB’s Proposal To Expand the Scope of Audits and the Role of Auditors [ JD Supra ] In June 2023, the Public Company Accounting Oversight Board (PCAOB) proposed sweeping amendments to its auditing standards. The administration did not present a budget for Internal Audit during the hearings.

Colorado 111

Colorado audit CPA Texas 111

MyIRSRelief

NOVEMBER 29, 2019

The consequences can range from, levying your bank accounts, auditing your company’s tax account to filing criminal charges. Audit tax records – If the IRS determines that a company has not fulfilled its tax obligation, the first thing that they will do is perform an audit to determine the full extent of the payroll employment tax bill.

payroll 140

payroll payroll tax Tax income tax 140

TaxConnex

SEPTEMBER 7, 2023

Location, location, location 501(c)(3) organizations are exempt from sales tax on their purchases in Colorado and in Utah. During a sales tax audit, one of the first requests from the auditor will be for copies of all exemption certificates for any exemptions claimed on sales tax returns. How important are these certificates?

Sales 147

Sales Tax Non-Profits North Carolina 147

TaxConnex

FEBRUARY 16, 2023

Companies struggle to keep up with the ever-changing tax rules across state, county and city jurisdictions including states like Alaska, Illinois, Colorado and others with locally administered taxes. Again, most companies (57%) use internal resources to calculate the amount of sales tax to add to their invoices. Manual, cumbersome processes.

Sales 130

Sales Tax Alaska Missouri 130

MyIRSRelief

OCTOBER 11, 2024

Department of the Treasury to represent taxpayers before the Internal Revenue Service (IRS) for tax issues including audits, collections, and appeals. IRS and State Tax Audit Representation One of the most valuable services provided by Enrolled Agents is representation during IRS and state tax audits.

tax services 130

tax services payroll tax Tax tax preparation 130

TaxConnex

OCTOBER 4, 2022

You also have to manage and respond to all of the notices from jurisdictions (and there will be a lot), manage sales tax audits, respond to nexus questionnaires by the jurisdictions, and maintain an accurate tax calendar to include changes in filing frequencies as well as filing and payment methodologies. Are they experienced with auditors?

Sales 130

Sales Tax tax return Colorado 130

Going Concern

FEBRUARY 9, 2024

The Use Of AI By Financial Executives And Their Auditors [ Forbes ] Artificial Intelligence (AI) is starting to have the capabilities to improve both financial reporting and auditing. However, both companies and audit firms will only realize the benefits of AI if their people are open to the information generated by the technology.

Technology 104

Technology Colorado audit cpa firm 104

Going Concern

NOVEMBER 28, 2022

The BLS industry profile describes “accounting” thusly : 43-3031 Bookkeeping, Accounting, and Auditing Clerks. Colorado Springs, CO. Additionally, metros were grouped into cohorts based on population size: small (100,000–349,999), midsize (350,000–999,999), and large (1,000,000 or more). Albany-Schenectady-Troy, NY.

accountant salary 119

accountant salary Account accounted accountant 119

PYMNTS

JANUARY 13, 2020

About $1 million was swindled from the Colorado town of Eerie , with the FBI now investigating the matter. The case coincided with another cybersecurity incident at a Colorado water supplier, in which fraudsters infiltrated the utility platform of Aurora Water to steal customer information.

B2B 89

B2B Kentucky Colorado Minnesota 89

MyIRSRelief

MAY 24, 2023

EAs can also represent taxpayers before the IRS in audits, appeals, and collection proceedings. Tax lawyers can help you with a variety of tax issues, including: Audits Appeals Collection proceedings Criminal tax matters If you are facing a complex tax issue, it is important to seek help from a tax lawyer.

North Carolina 147

North Carolina Oklahoma Ohio Texas 147

Going Concern

OCTOBER 5, 2022

As for the Ponzi part of the alleged scheme — Joe claims the firm also defrauded Jose Iglesias of Colorado Rockies, Luis Garcia of the Houston Astros and former Chicago White Sox player Dayan Viciedo. He says there were similar irregularities with other entities. Here he is talking about it on The Breakfast Club from Power 105.1

Florida 19

Florida Colorado Legal audit 19

PYMNTS

DECEMBER 15, 2020

More than 50 percent of the retail locations are in California, but the retailer has an “established retail presence” in Hawaii, New Mexico, Colorado, Florida, Arizona, Nevada and Texas. 31, 2019, and the gross assets in its audited balance sheet were $197 million as of Dec. 31, 2019, according to the announcement.

Sports 88

Sports California Hawaii Arkansas 88

CPA Practice

MAY 24, 2023

In an article published by the Colorado Society of CPAs , Lisa Hackard, an audit partner with KPMG, said it’s critical for accounting firm leaders to really listen to what employees are saying in casual conversation. How do they show up to virtual, in-person, or phone meetings, or even through email?”

Account 102

Account accounted accountant Colorado 102

TaxConnex

DECEMBER 29, 2022

Colorado and Florida were among states considering or granting sales tax breaks on baby items. Colorado, for instance, began imposing a 27-cent fee on every retail delivery made by motor vehicle to a destination in the state, the seller responsible for collection and remittance. Push back increased against some sales tax measures.

Sales 130

Sales Tax Maryland Louisiana 130

Withum

SEPTEMBER 16, 2022

Alabama, Alaska, Arizona, Colorado, and Louisiana are “home rule” states which permit the municipalities or counties to govern themselves with certain restrictions. For example, Colorado has 271 municipalities, but only 72 municipalities have opted to self-collect sales tax. Let’s Talk.

Sales 80

Sales Retail Tax South Dakota 80

CPA Practice

MAY 27, 2023

In an article published by the Colorado Society of CPAs , Lisa Hackard, an audit partner with KPMG, said it’s critical for accounting firm leaders to really listen to what employees are saying in casual conversation. How do they show up to virtual, in-person, or phone meetings, or even through email?”

Account 98

Account accounted accountant Colorado 98

CPA Practice

SEPTEMBER 12, 2024

He also worked as an audit manager for a national accounting firm, managing public and private company audits. Allison Haug, CPA, joined the Firm as an Audit Senior Manager with 12 years of experience. She specializes in accounting and audits of insurance companies. She works remotely.

Kansas 104

Kansas Pennsylvania audit accounting and finance 104

Going Concern

MAY 12, 2023

Colorado Springs accounting firm to open Denver office [ Denver Business Journal ] Stockman Kast Ryan and Co., In 2021, the Big Four audited a quarter of China’s 98 central SOEs, but EY led the pack earning about 12% of its revenue in the country from these giant corporations. “It is a candidate-driven market which is moving at pace.

CPA 111

CPA Account accounted accountant 111

MyIRSRelief

MAY 24, 2023

EAs can also represent taxpayers before the IRS in audits, appeals, and collection proceedings. Tax lawyers can help you with a variety of tax issues, including: Audits Appeals Collection proceedings Criminal tax matters If you are facing a complex tax issue, it is important to seek help from a tax lawyer.

North Carolina 130

North Carolina Oklahoma Ohio Texas 130

Going Concern

NOVEMBER 4, 2024

Earlier: PwC Joins Deloitte, KPMG, and Mazars in the Cheater Hall of Fame The Conversation (Australia) asks a simple question: The ‘big 4’ accounting firms often consult for the same clients they audit. Public trust in the auditing profession is under intense pressure. Should that be allowed?

Account 105

Account accounted accountant auditor 105

Cherry Bekaert

OCTOBER 22, 2024

Uncovering Hidden Liabilities in a Complex Technology Landscape Headquartered in Metro Atlanta, the Company was also registered in Colorado, where SaaS is not taxable on a state level. However, in some Colorado home-rule cities, like Denver, SaaS sales may be subject to local retail sales tax.

Sales 64

Sales Colorado Tax Technology 64

CPA Practice

JANUARY 11, 2023

As chief accountant, Munter will continue to lead the Office of the Chief Accountant and serve as the principal advisor to the SEC on accounting and auditing matters. I look forward to continuing to support work that improves the quality of financial reporting and auditing domestically and internationally. Munter earned his Ph.D.

Colorado 52

Colorado Account accounted accountant 52

CPA Practice

OCTOBER 24, 2023

Many small businesses don’t know how hard these local taxes can be until they are over their head and perhaps already facing a sales tax audit, according to Brian Miller, a CPA and tax manager at indinero , a financial advisory firm that offers outsourced CFO, tax, compliance, payroll, accounting and bookkeeping services.

Sales 111

Sales Tax bookkeeping services bookkeeping 111

Going Concern

APRIL 6, 2022

Starting salaries in Tax and Audit are up ever-so-slightly from 2021: Tax. Audit and assurance services. The report features projected salary ranges for nine positions—four in audit and five in tax—broken down by experience from those with little to no experience in the position to highly-experienced, well-credentialed professionals.

accountant salary 72

accountant salary Account accounted accountant 72

CPA Practice

NOVEMBER 25, 2024

Before entering the public sector, he was employed as an audit manager with the accounting firm of Deloitte & Touche. She is the former Colorado state auditor, having served in that role for 10 years. Ray was the deputy state auditor for the Office of the State Auditor (OSA), for the state of Colorado.

Wisconsin 52

Wisconsin Colorado auditor Oregon 52

Cherry Bekaert

MAY 20, 2024

Consumer compliance program: Assessment of the institution’s policies and procedures, training, monitoring, and/or audit practices; the institution’s consumer complaint response systems or processes; and the institution’s ability to identify and resolve incidences of potential valuation discrimination.

Real Estate 102

Real Estate Texas Hawaii Nevada 102

CPA Practice

OCTOBER 18, 2023

Of the 45 states (plus the District of Columbia) that have a general sales tax, 10 stand out as being especially tricky for sales tax compliance: Arizona, California, Colorado, Florida, Illinois, Louisiana, Missouri, New York, Tennessee, and Texas. Two others have the dubious distinction of getting honorable mention: Alabama and Kansas.

Sales 59

Sales South Dakota Tax Missouri 59

CPA Practice

JULY 5, 2024

Jason Drake has been named managing partner of Plante Moran, one of the nation’s largest audit, tax, consulting, and wealth management firms. In his nearly 25 years at the firm, he’s focused on audit, consulting, and building and expanding Plante Moran’s international offices and practice, which he led for six years.

Ohio 52

Ohio Michigan Colorado Illinois 52