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Heads Up! Payroll Changes Coming in July

ThomsonReuters

As COVID-19 vaccinations continue to rise and a sense of normalcy slowly returns, we can hopefully put tumultuous payroll changes behind us. State by State Payroll Tax Changes. Beginning July 1, new forms will be used to report withholding tax. On July 1, the minimum wage increases to $9.00 New Mexico. per hour. .

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Utah Accounting Firm and Dudes Who Work There Busted For ERC Fraud

Going Concern

TL;DR Two guys and their accounting firm are accused of filing false tax returns and a touch of COVID relief fraud. 1 charging two Utah County men and an accounting firm with claiming an excess of $11 million in tax credits through a COVID-related fraud scheme. Read: A federal grand jury returned an indictment on Feb.

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Midwest and Mountain West Saw Biggest Income Gains Over Last 4 Years

CPA Practice

Mountain states such as Utah saw high earners moving in from California, Oregon and Texas. Bureau of Economic Analysis figures compiled for Stateline by the Urban-Brookings Tax Policy Center in Washington, D.C. Inflation-adjusted per capita incomes in Utah have grown by about 8% since 2019.