CPA Practice

DECEMBER 19, 2023

A delay allows business owners to specify a future effective date on their registration forms, granting them control over when their company officially becomes a legal entity. In a delayed filing, the business controls when the company officially becomes a legal entity. Let’s look at both options.

Rhode Island 116

Rhode Island West Virginia South Dakota North Dakota 116

MyIRSRelief

JULY 3, 2023

During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. They can help implement internal controls, review payroll processes, and provide guidance to minimize the risk of errors or discrepancies in future ERC claims.

audit 130

audit North Carolina Oklahoma Ohio 130

CPA Practice

APRIL 8, 2024

It arrives as policymakers in states such as Maryland and in the U.S. It is alarming that some policymakers are ignoring the evidence, taking legal protections away from consumers, and exposing them to harms from advance apps.” Congress move to exempt advance apps from consumer protection laws.

payroll 52

payroll Maryland Legal Account 52

ThomsonReuters

JUNE 7, 2024

Some of the resistance points from payroll professionals and concerns with tax compliance are being addressed through communication and the use of data analytics, among other things. The correct handling of tax obligations, withholdings, and payroll deductions is vital to staying within legal parameters.

payroll 52

payroll Construction Education Nevada 52

PYMNTS

AUGUST 8, 2019

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances. It also illegal to attempt to collect one.

South Dakota 53

South Dakota North Dakota South Carolina North Carolina 53

CPA Practice

NOVEMBER 1, 2023

States where inflation-adjusted income declined included Alaska, where oil drilling has been in long-term decline, as well as Georgia and Maryland. The state recently created an Office of Legal Immigration to help recruit workers from abroad and among work-authorized immigrants already in the United States.

North Dakota 52

North Dakota South Dakota Utah Connecticut 52

ThomsonReuters

APRIL 24, 2024

Checkpoint Payroll Update caught up with John Wertz, tax attorney and partner at Holland & Knight’s New York office, to discuss this first-of-its-kind law. Wertz provided the Maryland digital ad tax as an example. Alabama’s tax exclusion on overtime wages, see Payroll Guide ¶8206.

West Virginia 52

West Virginia Alabama Legal Rhode Island 52