CPA Practice

JUNE 29, 2023

Taylor, Kiplinger Consumer News Service (TNS) The IRS, after confusing millions of California taxpayers with tax balance-due notices in May and June, will send follow-up letters to people in states that received extra time to file their federal income tax returns due to severe weather events. 16, 2023 to file. 16, 2023 to file.

income tax 111

income tax Mississippi tax return Arkansas 111

CPA Practice

APRIL 24, 2023

Now is an excellent time to review how your clients’ legal structure affects their business and personal taxes. Let’s look at the types of entities, how taxes are filed, and when clients should consider changing their entities. The LLC owners (called members) also report business profits and losses on their individual income taxes.

Legal 98

Legal income tax tax return Mississippi 98

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. Under the law, taxpayers usually have three years to file and claim their tax refunds.

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. Under the law, taxpayers usually have three years to file and claim their tax refunds.

Rhode Island 52

Rhode Island West Virginia South Dakota North Dakota 52

Anders CPA

SEPTEMBER 28, 2022

Even if a state doesn’t require sales tax on SaaS, the company may still need to file if they pass a certain threshold of sales. State Tax Considerations for SaaS Companies. For tax purposes, the definition of SaaS may differ from state to state. Does My State Tax SaaS? Those states that clearly tax SaaS are listed below.

Rhode Island 52

Rhode Island West Virginia South Dakota South Carolina 52

Going Concern

JULY 21, 2023

KPMG Rolls Out Generative AI to Tax Pros, Launches Audit Pilot [ Bloomberg Tax ] Inside KPMG, its tax professionals are leaning on generative artificial intelligence to help corporate tax departments prepare for new requirements to disclose their tax obligations by country.

audit 98

audit Tax Manufacturing Government 98

inDinero Accounting

DECEMBER 5, 2023

The Qualified Small Business Exemption (QSBS exemption) can shield up to $10 million, and sometimes more, of stock appreciation from capital gains tax. The rules are complex but worth understanding; there are substantial tax savings to be had by claiming this rare exemption. Table of Contents What is the QSBS Exemption?

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tax return Mississippi Wisconsin Alabama 52

Going Concern

MARCH 13, 2023

EY’s US boss Julie Boland blindsided the global leadership when she announced in a webcast to US partners on Wednesday that the plan would be put on “pause” to resolve an international row over how much of the tax practice would stay with EY’s core audit business. Boland was not talking off the cuff, people at the firm said.

audit 52

audit accountant Account accounted 52

Going Concern

NOVEMBER 10, 2023

See also: Academics Let AI Ruthlessly Slander Big 4 Firms, They’re Very Sorry They Didn’t Think to Fact Check Talent Don’t slack on hiring tax talent, pre-game your busy season and be ready with a fully staffed team when things get crazy. One customer says their business tax documents haven’t been filed since 2019.

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audit accounting and finance auditor accounting firms 122

Going Concern

FEBRUARY 26, 2024

Aaaaand now there’s one less tax preparer in Florida to handle the load. Price and his tax return preparation business, Price’s Accounting Firm Inc., from preparing federal income tax returns for others. Price and his tax return preparation business, Price’s Accounting Firm Inc.,

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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. 2022 state income tax refund might be coming. Then he answered, “ We’re understaffed and we had a lot of income tax returns last year.”

accounting firms 52

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CPA Practice

OCTOBER 2, 2023

By Katelyn Washington, Kiplinter Consumer News Service (TNS) The IRS has granted Louisiana tax relief to areas of the state impacted by seawater intrusion. Affected taxpayers now have extended tax deadlines of Feb. 15, 2024, to file certain tax returns and make tax payments. 15, 2024, to file 2022 tax returns.

Louisiana 59

Louisiana Tax tax return Mississippi 59

TaxConnex

FEBRUARY 11, 2025

Theres always something changing in the world of tax, especially sales tax. Effective this year, Illinois retailers are responsible for destination-based sourcing for sales tax purposes. Louisiana has increased its sales tax, making its combined rate among the highest in the U.S. Final destination. Up, up and down.

Sales 147

Sales Arizona Louisiana Tax 147

TaxConnex

MARCH 18, 2025

Theres always something changing in the world of tax, especially sales tax. The Maryland Tax Court has ordered both sides in Apples challenge to the states digital ad tax to spending six months in expanded discovery with expert witness testimony. Heres a review of some of the recent changes and updates. Go find out.

Sales 147

Sales Tax Louisiana Illinois 147

Going Concern

JULY 15, 2024

began as an intern during the tax seasons of January 2015 and January 2016 while he was still completing his degree. With more than 15 years of experience, Hammond has advised pharmaceutical and life sciences clients on transactions and tax restructurings, including acquisitions, divestitures, spin-offs and intellectual property migrations.

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accountant Account accounted audit 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. The board also voted to accept a corrective action plan that included ways to fix the tax problem.

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Gaming audit auditor Georgia 52