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Services continue to pop up among states’ lawmakers as a potential new source of sales tax revenue. Consumption of many personal services, such as cosmetic and beauty services, fitness, pet grooming, veterinary services and landscaping, among others, skews towards the higher end of the income scale.
Figuring out sales tax obligations for goods (aka, tangible personal property, or TPP) is the less-hard part; you merely have to bear in mind that every state that taxes TPP does it a little differently. Services, on the other hand, are the hard calculation. States also taxservices with nuance.
Top 20 accounting firm Citrin Cooperman is expanding its presence in Connecticut and New England by acquiring Teplitzky & Co., a Woodbridge, CT-based accounting, consulting, and tax firm specializing in the healthcare industry, effective next month. Financial terms of the deal weren’t disclosed.
When items in a shipment are exempt from sales tax in a given state, so is the cost of shipping. Connecticut, Georgia, Michigan, North Dakota, South Carolina, Tennessee, Texas, Vermont, Washington, West Virginia and Wisconsin follow this rule.
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By Peter Yankowski, New Haven Register, Connecticut (TNS) An accountant in New Milford, CT, has been charged with stealing tens of thousands of dollars from a small business owner weeks after police charged him with taking money from a different client. Carl Benjamin Anderson was arrested by detectives on Jan.
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an accounting, tax, and management advisory firm that specializes in serving private clients through sophisticated taxservices. offices throughout Connecticut, Florida, Maryland, Massachusetts, New Jersey, New York, and Rhode Island. Financial terms of the deal, which became official on Jan. weren’t disclosed.
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Those states that clearly tax SaaS are listed below. Laws are always changing, but the following states currently, as of 9/1/22, have laws in place that at least partially tax SaaS. Anders State and Local Taxservices. The post Is Software as a Service Taxable? appeared first on Anders CPA.
Perfetto is a registered CPA and holds a bachelor of science in business administration and accounting from the University of Connecticut. Beyond his work in the technology sector, Perfetto has experience in the life sciences, consumer products, and industrial products industries.
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His extensive background in M&A and succession planning-related taxservices, combined with his success in crafting personalized tax strategies for business owners, positions LGA to better serve our clients in today’s ever-evolving tax landscape.
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As the accounting industry continues to move away from commoditized audit and taxservices to value-based delivery of holistic business solutions, technology is key to enhancing this value through increased efficiencies and heightened support of our role as trusted business advisors. Trump business got at least $7.8
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