CPA Practice

OCTOBER 12, 2023

Also exempt from the tax: Gross receipts from the retail sale of any firearm, firearm precursor part, or ammunition by any licensed firearms dealer, firearms manufacturer, or ammunition vendor in any quarterly period in which their total gross receipts from the retail sales of firearms, firearm precursor parts, or ammunition is less than $5,000.

California 124

California Sales Tax Pennsylvania 124

CPA Practice

APRIL 24, 2023

The IRS considers partnerships and multi-member LLCs “disregarded entities,” which means members/owners report their share of company profits and losses on their personal tax returns. C Corporations A C Corporation is a separate legal entity from its owners and files separate tax returns.

Legal 98

Legal income tax tax return Mississippi 98

Going Concern

FEBRUARY 26, 2024

Price and his tax return preparation business, Price’s Accounting Firm Inc., from preparing federal income tax returns for others. Over the years, they prepared thousands of fraudulent returns, causing over $3.5 million in tax loss to the IRS. The complaint, filed in the U.S.

audit 59

audit Mississippi Non-Profits auditor 59

CPA Practice

APRIL 14, 2023

have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return, the IRS said on Wednesday. billion in refunds remain unclaimed because people have not filed their 2019 tax returns yet. People face a July 17 deadline to file their returns. million people across the U.S.

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

CPA Practice

APRIL 13, 2023

have unclaimed refunds for tax year 2019 but face a July 17 deadline to submit their tax return, the IRS said on Wednesday. billion in refunds remain unclaimed because people have not filed their 2019 tax returns yet. People face a July 17 deadline to file their returns. million people across the U.S.

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

Anders CPA

SEPTEMBER 28, 2022

Many states don’t require a company to collect tax if all they provide is nontaxable services. How a state may define SaaS could determine if a company is required to file a sales tax return in a particular state, regardless of if SaaS is actually taxable by law within that given state.

Rhode Island 52

Rhode Island West Virginia South Dakota South Carolina 52

Going Concern

AUGUST 28, 2023

Two Mississippi State University grads were recognized for getting the highest CPA exam scores in their state : Karis Pannel, of Tupleo’s Byrne Zizzi CPAs, received the MSCPA’s Fred T. Then he answered, “ We’re understaffed and we had a lot of income tax returns last year.” Holla if you see anything cool.

accounting firms 52

accounting firms CPA Account accountant 52

inDinero Accounting

DECEMBER 5, 2023

If you want to dive deeper into this topic, you can connect with one of the experts on our business tax services team. QSBS Rules for Qualification QSBS Tax Treatment How to Report QSBS on Your Tax Return Conclusion What is the QSBS Exemption? This would come to a capital gains tax bill of $140,000 ($500,000 * 0.28).

tax return 52

tax return Mississippi Wisconsin Alabama 52

Going Concern

JULY 21, 2023

So now, having both sides of the Mississippi River offering new service offerings has just really jump-started our ability to continue to hire individuals.” PwC, which triggered the inquiry with its tax leaks scandal, has provided its agreement but asked the committee to keep it confidential.

audit 98

audit Tax Manufacturing Government 98

Going Concern

MARCH 13, 2023

FORVIS invests in the future : For its $500,000 gift to the University of Mississippi, one of the nation’s top public accounting firms, Forvis LLP, will be honored with the naming of the undergraduate and master’s programs suite in the new Patterson School of Accountancy. Have a lovely week for me eh? appeared first on Going Concern.

audit 52

audit Account accounted accountant 52

Going Concern

NOVEMBER 10, 2023

Mississippi Return Preparers Found Guilty of Tax Fraud [ Department of Justice ] A federal jury in Jackson, Mississippi, convicted Adam Earnest, Christopher Randell and James Klish yesterday of conspiracy to defraud the United States.

audit 122

audit accounting and finance auditor accounting firms 122

CPA Practice

OCTOBER 2, 2023

Affected taxpayers now have extended tax deadlines of Feb. 15, 2024, to file certain tax returns and make tax payments. The tax deadline extension for Louisiana follows tax relief for several other states this year, including tax extensions for Maine and Massachusetts. 20, 2023, to Feb.

Louisiana 59

Louisiana Tax tax return Mississippi 59

TaxConnex

FEBRUARY 11, 2025

The new rate is 5%, up from 4.45%, creating a combined state and local sales tax rate of some 12%. In Mississippi, have passed House Bill 1, which would eliminate the state income tax, trim the states high taxes on groceries and potentially raise municipalities sales taxes. Effective Jan.

Sales 147

Sales Arizona Louisiana Tax 147

TaxConnex

MARCH 18, 2025

Thats the cry behind more than political movement these days and states wrangling over sales tax on groceries is no exception. Sarah Huckabee Sanders has reportedly unveiled a proposal to eradicate the remaining 1/8 th -cent state sales tax on groceries. In Arkansas , Gov.

Sales 147

Sales Tax Louisiana Illinois 147

Going Concern

JULY 15, 2024

Crace, the founder of Crace.CPA, pleaded guilty in federal court on Wednesday to participating in an illegal tax shelter. Crace, the founder of Crace.CPA, pleaded guilty in federal court on Wednesday to participating in an illegal tax shelter. He will be sentenced on Jan. 14, 2025, and faces up to three years in prison.

audit 64

audit Account accounted accountant 64

Going Concern

MARCH 14, 2025

Reconsidering norms on audits could help enhance audit findings, according to a study published in Accounting Horizons by a team including Christine Sims Nielson, an assistant professor of accountancy at the University of Mississippi. Oz argued that he was not liable for the tax because he was a limited partner in Oz Property Holdings LLC.

Gaming 52

Gaming audit auditor Georgia 52