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3 things to remember about economic nexus

TaxConnex

Mississippi: $250,000 sales; no transaction threshold. All 45 states with state-wide sales tax now have economic thresholds set. TaxConnex provides outsourced sales tax services to businesses of all sizes. Get in touch to learn how we can help you stay ahead of sales tax and ensure your business remains compliant!

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Mississippi Tax Preparers Sentenced to Prison for False Tax Return Conspiracy

CPA Practice

A group of Mississippi tax return preparers were sentenced to prison on February 22, 2024, for charges related to a conspiracy to prepare and file false tax returns for clients in Jackson, Mississippi. Each was also ordered by U.S. District Court Judge Daniel P.

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What's new in state sales and use taxes

TaxConnex

Mississippi withdrew?a a proposed regulation which sought to expand the state’s sales tax to apply to cloud computing. There may still be changes to Mississippi’s sales tax on software, as the Governor? This definition becomes effective July 1.

Sales 246
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The latest on sales tax on shipping charges (part 2)

TaxConnex

In our previous blog, we looked at how exemptions, the taxability of the item being shipped and selling into tax-free states affect sales tax on shipping. What other factors change your shipping/sales tax obligations and in what states? Confusion over sale tax never ends – and clearly shipping is a required obligation.

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Eliminate Manual Work and Accelerate Accounts Receivable

CPA Practice

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 (..)

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The Collaborative Accountant

CPA Practice

million – $4,999,999 $5 million – $10,000,000 Over $10 million How many clients does your firm serve? million – $4,999,999 $5 million – $10,000,000 Over $10 million How many clients does your firm serve?

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The Hidden Gem to Firm Growth and Smoother Operations

CPA Practice

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