Cherry Bekaert

OCTOBER 10, 2023

Iowa On September 29, 2023, the Iowa Department of Revenue announced that the 2022 Pass-Through Entity (PTE) Tax election and 2022 PTE Tax Form are available through GovConnectIowa. The Iowa Department of Revenue will not be issuing paper forms or modifying any existing 2022 income forms or schedules.

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Iowa North Carolina Virginia Tax 104

TaxConnex

APRIL 9, 2024

Vitamin and supplement labels can also have “drug facts” that would likely trigger tax as a prescription or nonprescription drug – though if prescribed by a physician vitamins and supplements are exempt from sales tax in Alabama, Indiana, Iowa, Maine, and possibly Hawaii.

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Sales West Virginia Tax Virginia 256

Accounting Today

AUGUST 9, 2024

With the merger, the Regional Leader will add offices in Cedar Rapids and Coralville, Iowa.

Iowa 78

Iowa 78

TaxConnex

SEPTEMBER 26, 2024

In other states, exemption certificates expire after set periods, such as one year in Alabama and three years in Connecticut, Illinois (where three years is the recommended update period for a resale certificate), Iowa and Louisiana.

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Rhode Island West Virginia South Dakota North Dakota 130

TaxConnex

AUGUST 8, 2024

In five major farming states, for instance, these annual thresholds are now $100,000 in sales in Iowa or South Dakota; and, in Illinois, Nebraska and Minnesota, $100,000 in sales or 200 transactions.

Agriculture 261

Agriculture Sales Tax South Dakota 261

Katz,Sapper&Miller

NOVEMBER 21, 2018

Jason Miller and Shane Schuh with KSM’s Transportation Services Group will present “Lease Accounting Update and its Impact on the Transportation Industry” to members of the Iowa Motor Truck Association on Dec. 2016-02, Leases (Topic 842), which goes into effect Dec.

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Iowa Transportation accounting standards accountant 40

TaxConnex

APRIL 4, 2024

South Dakota joins California, Colorado, Iowa, Louisiana, Maine, Massachusetts, North Dakota, Washington and Wisconsin in recently eliminating transaction-based nexus thresholds. Thirteen economic-nexus states never had such thresholds.)

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South Dakota North Dakota Wisconsin Iowa 241

CPA Practice

FEBRUARY 27, 2023

A spokesman for the Iowa Department of Revenue said the department in January sent a file to the IRS that contained incorrect data for some Iowa taxpayers. Last fall, the Iowa Department of Revenue failed to notice a legislative oversight to amend state law to account for property tax changes signed into law in 2013 and 2021.

Iowa 52

Iowa Tax tax return Government 52

CPA Practice

NOVEMBER 12, 2024

A new report by GoBankingRates.com reveals that Texas is one of 41 states that will not tax Social Security benefits next year.

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South Dakota North Dakota South Carolina North Carolina 98

Withum

OCTOBER 14, 2021

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Iowa 52

Iowa Tax 52

TaxConnex

AUGUST 9, 2022

Iowa exemptions now include diapers and feminine hygiene products, specified digital products and prewritten computer software.?Exemptions Iowa has modified its sales tax base. semiconductor projects?on on construction and building materials. for exemptions for nonprofits, which must now see sales of less than $20,000 in a year.

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Sales Louisiana Tax Iowa 130

Accounting Today

DECEMBER 28, 2023

Honkamp, a Regional Leader based in Dubuque, Iowa, merged in Schowalter & Jabouri, one of the 20 largest CPA firms in the St. Louis metro area, effective Dec. 2, 2023.

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Iowa cpa firm CPA 58

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.

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South Dakota North Dakota Wisconsin Iowa 220

Cherry Bekaert

AUGUST 10, 2023

Iowa The Iowa Department of Revenue published guidance on their PTET election , which was enacted on May 11, 2023, but retroactive to tax years beginning on or after January 1, 2022. Hawaii The Hawaii Department of Taxation issued Tax Information Release Notice 2023-01. Louisiana Louisiana House Bill No.

Alabama 98

Alabama Ohio Iowa Louisiana 98

Xero

JULY 7, 2022

I am originally from Naperville, Illinois and I’m currently a senior studying accounting and business analytics at the Tippie College of Business at the University of Iowa. The past couple years, I have been involved in the BizEdge mentoring program at University of Iowa, serving as both a mentee and a mentor.

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Iowa accounting and finance Illinois bookkeeping 68

TaxConnex

JUNE 13, 2024

Colorado, for instance, used to also require or 200 or more separate transactions in the state, but has since joined South Dakota, California, Iowa, Louisiana, Maine, Massachusetts, North Dakota, Washington and Wisconsin in eliminating transaction-based thresholds. Not all changes work against sellers.

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South Dakota North Dakota Massachusetts E-commerce 242

TaxConnex

JANUARY 16, 2024

This includes whether you’re selling to a business or a consumer (as in Iowa, Maryland and Ohio), unique state sales tax rates (Connecticut), home-rule jurisdictions (Colorado and Illinois), partial exemptions (Texas), to name a few. SaaS incurs sales tax in roughly half the states. Many nuances affect sales tax and SaaS in various states.

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Iowa Connecticut Maryland Colorado 240

CPA Practice

DECEMBER 20, 2023

Louis, Honkamp has eight offices in Iowa and Wisconsin. The new location will be the first office in Missouri for Honkamp, and the merger increases the firm’s headcount to about 300 employees. In addition to St.

cpa firm 104

cpa firm CPA Iowa Wisconsin 104

TaxConnex

SEPTEMBER 1, 2022

Some examples: Iowa: Gross sales to the state over $100,000; no annual transaction threshold. Wayfair allowed the state to force out-of-state sellers to collect sales tax provided they had at least $100,000 in gross revenue or has at least 200-transactions sourced into the state. Mississippi: $250,000 sales; no transaction threshold.

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South Dakota Mississippi Iowa Sales 232

TaxConnex

DECEMBER 7, 2023

Iowa topped the list for having the highest search levels for Black Friday in the U.S., During peak hours of both days, shoppers spent $15.7 million every minute. Analysis of Google activity also showed that the most searched term in Black Friday was iPhone deals. followed by South Dakota, Kentucky, West Virginia and Kansas.

Sales 147

Sales Tax West Virginia South Dakota 147

Going Concern

NOVEMBER 10, 2022

In early October, local KCCI in Des Moines ran a story about a shortage at the Iowa State Auditor’s Office. From the first KCCI story : The Iowa State Auditor’s Office is looking at college graduates with 2-year degrees to help fill open accounting positions. Alright, so why should you care about some state office in Iowa?

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Iowa auditor accountant Account 52

ThomsonReuters

APRIL 25, 2024

These states include Alabama, Arizona, Arkansas, California, Delaware, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Wisconsin.

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South Dakota Rhode Island New Hampshire Wyoming 52

CPA Practice

SEPTEMBER 11, 2023

The Iowa Society of CPAs or ISCPA is offering their Fall CPE Conference September 21-22, 2023 at the Hilton Garden Inn in Cedar Rapids. For nearly four decades, Bryson has served in a variety or roles at NCACPA including Chief Operating Officer prior to becoming CEO on May 1, 2016.

CPA 111

CPA Wisconsin North Carolina Iowa 111

CPA Practice

OCTOBER 23, 2024

Email (Required) Number of Employees at Your Firm (Required) Number of Employees at Your Firm Sole Proprietor 2 To 4 5 To 9 10 To 19 20 To 49 50 Or More Full Name (Required) State / Province (Required) State / Province Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas (..)

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

CPA Practice

OCTOBER 10, 2024

Financial advisor Amy Wright, based near Des Moines, Iowa, joined Avantax after being affiliated with LPL Financial. She plans to operate as Wright Financial Solutions. Joseph Schwan, CPA, and his Long Island, New York-based Premier Wealth Management LLC, joined Avantax from LPL Financial.

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Pennsylvania Iowa New York California 52

CPA Practice

SEPTEMBER 9, 2024

Currently: Taxpayers in parts of Arkansas , Iowa , Mississippi , New Mexico , Oklahoma , Texas , and West Virginia have until Nov. Disaster-area taxpayers get an extension Taxpayers who live, work, or have a business in a disaster-area locality automatically qualify for a delayed tax-payment deadline.

West Virginia 95

West Virginia South Dakota South Carolina Tax 95

CPA Practice

OCTOBER 30, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million What software or tools are you using to manage your engagements, or how does your team currently manage client engagements and reporting processes?

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

Going Concern

JULY 28, 2022

. “The energy and the enthusiasm is amazing, and that translates to my mind to productivity and happier clients at the end of the day,” he said, while visiting one of PwC’s offices in Des Moines, Iowa.

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Iowa accountant Account accounted 106

TaxConnex

JULY 13, 2023

Iowa , Aug. As we saw last time, sales tax holidays are continuing to enjoy a heyday this year. Here are the back-to-school and clothing holidays that start in August. 4-5: Any article of wearing apparel and typical footwear intended to be worn on or about the human body.

Sales 130

Sales West Virginia South Carolina Tax 130

CPA Practice

APRIL 5, 2024

Iowa $1,443,717 $524,580 36.3% The table below shows a state-by-state breakdown of the average lifetime earnings compared to estimated lifetime taxes, and the percentage of earnings that will go toward tax payments, according to Self Financial: State Lifetime earnings Lifetime taxes % of earnings New Jersey $1,818,191 $987,117 54.3%

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West Virginia Rhode Island South Dakota North Dakota 126

Going Concern

SEPTEMBER 27, 2023

Candidates sitting for BEC for the first time in the following jurisdictions have until Sunday, October 1 to apply for this section: Alaska Arkansas California Colorado Connecticut Delaware DC Georgia Guam Hawaii Illinois Indiana Iowa Kansas Louisiana Maine Maryland Massachusetts Michigan Minnesota Missouri Montana Nebraska New Hampshire New Jersey (..)

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CPA Rhode Island West Virginia South Dakota 122

CPA Practice

NOVEMBER 4, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million What is the biggest document challenge your firm faces?

Rhode Island 59

Rhode Island West Virginia South Dakota North Dakota 59

CPA Practice

OCTOBER 22, 2024

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

payroll 52

payroll Rhode Island West Virginia South Dakota 52

TaxConnex

JANUARY 11, 2022

Stating the shipping cost separately on the invoice affects its taxability in Alabama, Arizona, Illinois, Iowa, Maryland, Oklahoma, Utah, Virginia and Wyoming. But even a portion of taxable items renders a whole shipment’s shipping cost subject to sales tax in Kentucky, New Mexico, New York and Pennsylvania.

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Sales Rhode Island South Dakota North Dakota 215

TaxConnex

OCTOBER 8, 2024

Iowa Department of Revenue: Overall guide, taxability and Food pop up first. Idaho State Tax Commission: Initial search results a mish-mash of uploading details for filers, a reminder to farmers’ markets to charge sales tax and a report of a radio interview reminding holders of yard sales to do the same.

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Sales Tax Rhode Island West Virginia 147

TaxConnex

AUGUST 2, 2022

Back-to-school remains the predominant theme of sales tax holidays in many states in August, including Iowa (Aug. Eligible purchases are often limited to a dollar amount. What’s on sale? 5-6) and Missouri, New Mexico, Ohio, Oklahoma, South Carolina, Texas and Virginia (all Aug. 5-8); Illinois (Aug. 5-14); Arkansas (Aug. 6-7); Maryland (Aug.

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Sales West Virginia South Carolina Tax 130

TaxConnex

SEPTEMBER 5, 2024

Iowa: Exempt if separately billed or separately stated on the invoice. Illinois : S&H taxable when the transportation and delivery charges aren’t separately identified to the purchaser on the contract or invoice, among other conditions. Indiana: Generally, incurs sales tax if the item does.

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Sales Tax Rhode Island Kansas 242