TaxConnex

APRIL 9, 2024

The products incur sales tax in most states (Massachusetts casts an especially wide net) but are more or less exempt in Connecticut, Florida, Maryland, Michigan, New Jersey, New York, Texas, West Virginia and Wyoming.

Sales 264

Sales West Virginia Tax Virginia 264

TaxConnex

JANUARY 25, 2024

For example, our recent “Hot Topics” webinar examined, among other topics, Michigan making separately stated installation charges exempt from sales tax effective April 26, 2023. But there are more than 10,000 jurisdictions in the U.S., and a ton of local jurisdictions with the authority from their states to change their individual tax rates.

Utah 260

Utah Kentucky Alabama Michigan 260

CPA Practice

NOVEMBER 19, 2024

Top 60 accounting firm Doeren Mayhew has expanded its footprint in western Michigan by acquiring Biggs, Hausserman, Thompson & Dickinson (BHT&D CPAs), a Saranac-based full-service CPA firm. Joshua Garvey “We’re committed to continuing to grow our West Michigan market. Financial terms of the deal weren’t disclosed.

Michigan 52

Michigan cpa firm cpas CPA 52

TaxConnex

NOVEMBER 2, 2021

The products are tax-exempt (more or less) in the District of Columbia, Florida, Maryland, Michigan, New Jersey, New York, Texas, Vermont, West Virginia and Wyoming. Here’s a rundown of what some other states do (this changes frequently – check with an individual state if you have questions and want the latest regulations).

Sales 246

Sales West Virginia Tax Vermont 246

PYMNTS

MAY 21, 2020

Blue Cross Blue Shield of Michigan and Blue Care Network plan to give back over $100 million to fully insured clients in 2020, according to an announcement. As the pandemic continues to disrupt everyday life the world over, some insurers are returning funds to their customers.

Michigan 74

Michigan Healthcare 74

Withum

JULY 19, 2024

The Michigan Senate passed legislation in March 2024 expanding the state’s Research and Development (R&D) Tax Credit from the past credit that offered a mere 1.9% credit on qualifying expenses incurred in Michigan. Qualified research expenditures (QREs) for the Michigan R&D tax credit follow federal U.S.

Michigan 52

Michigan Tax income tax audit 52

PYMNTS

DECEMBER 23, 2020

The program authorizes the Michigan Liquor Control Commission (MLCC) to offer a spirits cash buyback to liquor licensees whose businesses have been affected by executive orders relating to the pandemic. In order to participate in the SNAP program, bars and restaurants have to register with the Michigan Department of Health and Human Services.

Michigan 60

Michigan Agriculture 60

TaxConnex

SEPTEMBER 17, 2020

Michigan media reports that its state legislators made a good move at a good time regarding nexus and sales tax obligations: Gov. States are still reeling in sales tax deficits brought on by the economic downturn during the pandemic, but the addition of economic nexus has appeared to have somewhat alleviated the deficits.

Oklahoma 244

Oklahoma Texas Kansas Tennessee 244

TaxConnex

AUGUST 24, 2021

If you are selling through a marketplace, the majority of states now have these laws in place, including, recently , Georgia, Florida, Hawaii, Wisconsin, Illinois, Michigan, South Carolina and North Carolina. Devil in the details.

Sales 246

Sales South Dakota Tax South Carolina 246

TaxConnex

MARCH 22, 2022

Michigan offers progressively better discounts for progressively prompter payment. Colorado, Mississippi, Nevada, Ohio and Louisiana are among states offering a discount for prompt payment; Arizona gives a better discount for e-filers; Florida and South Carolina offer both.

Sales 246

Sales Utah South Carolina Tax 246

Accounting Today

OCTOBER 15, 2024

The payroll and HR services giant has acquired global enterprise-focused workforce management solution provider WorkForce Software, based in Michigan.

Michigan 124

Michigan payroll 124

TaxConnex

JUNE 17, 2021

Other states doing well with tax on marijuana include Oregon, Nevada, Massachusetts, Illinois, and Michigan. And Colorado raked in $362 million in marijuana taxes in 2020, a 30% jump from 2019. While states are alike in seeing great revenue growth, there is a complex maze of not just sales taxes that apply but other excise taxes as well.

Legal 225

Legal Illinois Nevada Oregon 225

Accounting Today

DECEMBER 3, 2024

UHY, a Top 50 Firm based in Farmington Hills, Michigan, has received private equity funding from Summit Partners, a Boston-based investment firm, the latest in a long line of accounting firms receiving PE financing.

Michigan 110

Michigan accounting firms Finance Account 110

TaxConnex

MARCH 24, 2022

Most recently , Michigan and Minnesota issued guidance on sales and use tax nexus applicable to marketplace facilitators and sellers, clarifying when facilitators have sales tax obligations. Most states now have marketplace facilitator laws, though definitions of a “marketplace facilitator” vary almost as much as do states’ sales tax laws.

South Dakota 245

South Dakota Nevada Minnesota Missouri 245

PYMNTS

JULY 15, 2020

The athletic department of the University of Michigan , in one case, unveiled its ticket policies for its 2020 football season, noting that there would not be season tickets this year, according to an announcement. There will be no ticket sales to the general public,” the department said in the announcement.

Michigan 56

Michigan Gaming Sales Tax 56

CPA Practice

NOVEMBER 1, 2023

This transaction supports our ongoing expansion efforts to better serve the Michigan market,” said Chad Anschuetz, managing shareholder and chairman of Troy, MI-based Doeren Mayhew, in a statement. million during its most recent fiscal year, has eight offices in four states: Florida, Michigan, North Carolina, and Texas.

Michigan 52

Michigan CPA North Carolina Florida 52

CPA Practice

FEBRUARY 16, 2024

Due to severe storms in August 2023, individuals and business taxpayers in some Michigan counties have until June 17, 2024, to file various federal individual and business tax returns and make tax payments, the the Internal Revenue Service has announced. 24, 2023, through June 17, 2024 (postponement period).

Michigan 59

Michigan Tax tax return income tax 59

CPA Practice

MAY 2, 2024

We’re also excited to deepen Wipfli’s ties in Michigan. Kurt Gresens Kurt Gresens, managing partner of Wipfli, said the deal furthers the Milwaukee-based firm’s strategic growth priorities. We’re looking forward to expanding our client base—and services—in manufacturing,” he said in a statement.

Michigan 52

Michigan Manufacturing Management Consulting accounting firms 52

TaxConnex

APRIL 12, 2022

Michigan lawmakers have shot down proposals that would have exempted diapers and similar products from the state sales tax. Kentucky is considering gradually eliminating its individual income tax in favor of a broader sales tax. South Dakota has rejected a proposal to cut the state sales tax by a half a percent. Additional Updates.

South Dakota 246

South Dakota Sales Tax North Carolina 246

TaxConnex

JANUARY 28, 2021

Michigan is waving penalty and interest for the late reporting or late payment of sales, use and withholding tax for any non-accelerated return or payment due on Jan. Massachusetts has extended relief for companies with staff working remotely in the staff due to the pandemic.

Sales 233

Sales Alaska Tax Illinois 233

CPA Practice

APRIL 9, 2024

with Maryland and Virginia) West Virginia (with Kentucky, Maryland, Ohio, Pennsylvania, and Virginia) Wisconsin (with Illinois, Indiana, Kentucky, and Michigan) Paying payroll taxes can be a daunting task for business owners, but with expert advice and guidance from their CPAs, it becomes more manageable. and West Virginia) Washington, D.C.

payroll tax 110

payroll tax West Virginia payroll cpas 110

TaxConnex

MAY 30, 2023

The out-of-state seller has nexus with the State of Michigan beginning on the day of second contact – February 15th – forward. The seller must file appropriate use tax returns for the remainder of the month of February and the next succeeding 11 months."

Sales 130

Sales Michigan Tax Wisconsin 130

CPA Practice

AUGUST 12, 2024

Top 200 accounting firm Yeo & Yeo CPAs & Advisors has expanded its presence in the Southeast Michigan region by combining with Bloomfield Hills-based firm Berger, Ghersi & LaDuke (BGL), effective July 1. As part of the deal, BGL partners Alan LaDuke, David Berger, and Jim McAuliffe have joined Yeo & Yeo’s principal group.

Michigan 103

Michigan Real Estate cpas audit 103

TaxConnex

DECEMBER 7, 2023

Michigan has added a definition of “food sold with eating utensils provided by the seller” for purposes of sales and use taxation of prepared food. Also in the state, an oncology company wasn’t entitled to a Michigan use tax exemption for its purchases of materials.

Sales 147

Sales Tax West Virginia South Dakota 147

Accounting Today

JUNE 14, 2024

The century-old accounting and management consulting firm based is expanding its presence beyond its Midwestern base.

New York 75

New York Michigan Management Consulting Account 75

TaxConnex

JANUARY 26, 2021

Massachusetts joins such states as Minnesota , Ohio , Pennsylvania and Michigan with accelerated tax payment programs. Why now in the Bay State? The FY21 budget modernizes the timeline for sales tax remittance and collection, which has not been significantly updated in decades,” the office of Gov.

Massachusetts 162

Massachusetts Sales Tax Minnesota 162

CPA Practice

NOVEMBER 22, 2024

Effective November 1, 2024, Mellen, Smith, and Pivoz, PLC (MS&P) will join the firm and become the first geographic expansion into the Detroit, Michigan market. He is a member of the American Institute of CPAs and Michigan Association of CPAs, and will serve as the director in charge of the Detroit, MI office. Blue & Co.,

Real Estate 111

Real Estate Michigan cpas audit 111

TaxConnex

APRIL 19, 2022

Several, like Michigan, are trying to assemble state-level policies. The question is, what’s the currency worth and how do states recognize its value? Accounting and consulting firm BDO has an excellent article on this.). Most states have issued little or no sales tax guidance regarding crypto.

Sales 246

Sales Tax Colorado New Jersey 246

Going Concern

APRIL 9, 2024

The annual 100 Best Companies to Work For list from Fortune and Great Place To Work® is out and once again a lil firm from Michigan has the honor of being best-er than the accounting firms that follow it. Everyone, let’s congratulate Plante Moran for another impressive showing and coming in 12th on the 2024 list.

Michigan 126

Michigan accounting firms Account accounted 126

TaxConnex

OCTOBER 3, 2023

Michigan has updated guidance on the sales and use taxation of computer software and digital goods, specifically whether software is “prewritten computer software.” Effective next Jan.

Sales 147

Sales Louisiana Tax Tennessee 147

TaxConnex

FEBRUARY 8, 2022

Michigan has provided sales and use tax nexus guidance applicable to marketplace facilitators and sellers. Others noted that online shoppers encountered far more out-of-stock notices than in previous years. Off to the marketplace. Three states made moves concerning marketplace facilitators, sellers and providers.

Sales 245

Sales Tennessee Tax Massachusetts 245

CPA Practice

OCTOBER 17, 2024

27, when teams from 15 organizations completed 19 service projects in 17 Indiana communities: Carmel, Columbus, Fishers, Fort Wayne, Goshen, Greensburg, Indianapolis, Lafayette, Michigan City, Muncie, Portage, Notre Dame, Seymour, South Bend, Valparaiso, Warsaw and Winona Lake.

Indiana 111

Indiana cpas Michigan CPA 111

Going Concern

JUNE 14, 2023

Came across this story about a Michigan accountant with hearing loss whose firm stepped up to accommodate her and thought it would be good to share because not all news is bad. Megan, 33, has worked for the 140-person West Michigan firm for four years. Gender, race, and disabilities that require a wheelchair are more apparent.

accounting firms 95

accounting firms Michigan accountant Account 95

TaxConnex

SEPTEMBER 5, 2024

Michigan : Beginning last year, most delivery (and installation) charges are not subject to sales and use taxes, subject to certain conditions. Maryland: Generally, exempt if separately stated on the invoice. Massachusetts : Separately stated S&H excluded provided that the charge “reasonably reflects the costs of transportation.”

Sales 264

Sales Tax Rhode Island Kansas 264

TaxConnex

DECEMBER 22, 2020

Georgia, Louisiana, and Michigan required marketplace facilitators to collect and remit sales tax. Texas and Idaho reported bumps in sales tax revenue, and in Michigan a new law passed just shortly before the pandemic shutdown made it easier to collect sales tax from more online transactions. Even so, sales tax moved forward.

Sales 147

Sales Tax North Carolina Michigan 147

CPA Practice

AUGUST 15, 2023

Higher property taxes in Michigan Michigan homeowners are facing the highest property tax increase in 28 years, at 5%. That’s because under Michigan law, property taxes can increase by 5% or the rate of inflation, whichever is less. This isn’t the first year Michigan homeowners have run into inflation-related tax increases.

South Carolina 94

South Carolina Michigan Tax Washington 94

TaxConnex

AUGUST 1, 2023

Some states – Connecticut , Massachusetts , Michigan , Rhode Island and D.C., for example – impose a time limit, usually 90 days but up to 120 days or even 180 days in Michigan and Massachusetts for certain items.

Sales 130

Sales Rhode Island Tax Michigan 130