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Sales tax and the Navajo Nation

TaxConnex

Sales tax debates One of the largest Native American nations is The Navajo Nation, which in recent years has undergone some changes in sales tax. The Navajo Nation has a sales tax of 6% for all retail sales within The Navajo Nation. Quarterly sales tax returns are due 45 days after the end of each calendar quarter.

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Japanese Restaurant Owner Avoids Raw Tax Deal

CPA Practice

He hired a construction firm to do most of the work. million for the build-out and $400,000 for the purchase and installation of the hibachi tables that was separate from work by the construction firm. However, on federal tax returns for the tax years in question, the taxpayer claimed depreciation deductions based on his assertions.

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Top Remote Accountants of the Week | October 17, 2024

Going Concern

ACCOUNTING CANDIDATES FTE Accounting / Bookkeeping | Candidate ID #18014117 Certifications: QBO ProAdvisor, Xero Certified Education: BA, MBA Accounting Experience (years): 9+ years accounting experience Work experience (detail): Currently a Senior Bookkeeper/Team Lead with a public firm 5+ years managing outsourced accounting for multiple clients (..)

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2023 Year-End Tax Planning Strategies for the Real Estate and Construction Industry

Cherry Bekaert

Generally, taxpayers must identify the replacement property within 45 days of selling the relinquished property, and then acquire the replacement property within 180 days of the sale transaction or by the due date of the tax return. or 39-year lives.

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Top Remote Accountants of the Week | October 10, 2024

Going Concern

ACCOUNTING CANDIDATES FTE Accounting | Candidate ID # 22574493 Certifications: EA in process Education: BA Business Experience (years): 20+ years accounting experience Work experience (detail): Currently Accountant & Office Manager at a CPA firm Full cycle accounting, reconciliations, financial reporting AP/AR, payroll processing and quarterly (..)

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Top Remote Accountants of the Week | November 7, 2024

Going Concern

TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting | Candidate ID #23571431 Certifications: CPA in process Education: BBA Accounting, MA Accounting Experience (years): 5+ years of accounting and tax experience Work experience: All in public accounting Performs full cycle accounting and tax preparation Financial compilations and reporting with clients (..)

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IRS Has Collected $160 Million in Back Taxes From Millionaires This Year

CPA Practice

Another person recently pled guilty to filing false tax returns and skimming more than $670,000 from his business. million wealthy individuals failed to file federal tax returns. These unfiled returns are tied to an estimated $65.7 billion in unpaid taxes. IRS data from 2017 to 2020 reveal that 1.4

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