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Taxation of services

TaxConnex

Understanding the taxability of your company’s products or services is one of the key steps to complying with sales and use tax laws. Services” are not tangible and can be an entirely different animal in terms of taxability. Services continue to pop up among states’ lawmakers as a potential new source of sales tax revenue.

Indiana 246
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Services: Taxable or not?

TaxConnex

In sales tax calculation, you deal with the “hard” and the “less-hard.” 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.

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The latest on sales tax on shipping charges (part 1)

TaxConnex

Online sales could not exist without shipping, and the charges associated with shipping are subject to sales tax in many states. Question is, who has to pay that sales tax these days, and where? For sales tax purposes, you’ll see reference to “shipping,” “shipping and handling” (Arizona taxes these two, for instance) and “delivery”.

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Citrin Cooperman to Acquire Teplitzky & Co.

CPA Practice

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.

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PKF O’Connor Davies Picks Up Robert Philipson & Co.

CPA Practice

an accounting, tax, and management advisory firm that specializes in serving private clients through sophisticated tax services. has regularly provided high-net-worth individuals and other private clients with comprehensive, individualized tax offerings. Financial terms of the deal, which became official on Jan.

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CT Accountant Charged with Stealing From a Second Client

CPA Practice

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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Eliminate Manual Work and Accelerate Accounts Receivable

CPA Practice

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