CPA Practice

APRIL 26, 2023

The Pennsylvania Institute of Certified Public Accountants , the largest CPA association in Pennsylvania with over 20,000 members, has issued its latest Insights report.

Pennsylvania 52

Pennsylvania public accounting accounting firms accountant 52

CPA Practice

NOVEMBER 29, 2023

Founded in 1897, the Pennsylvania Institute of Certified Public Accountants (PICPA) is the second-oldest CPA organization in the U.S. Top three objectives for the upcoming year Advocate for PICPA members on key legislative actions that would be beneficial for our industry and the greater Pennsylvania economy.

Pennsylvania 59

Pennsylvania cpas CPA Education 59

TaxConnex

DECEMBER 10, 2020

Pennsylvania collected $2.6 This is the third time the state has pushed for faster tax remittance since 2015, reports added, and similar proposals have been seen in Connecticut, Nebraska, New York and Puerto Rico. billion in General Fund revenue in October – $365.6

Sales 240

Sales Tax Ohio Nebraska 240

TaxConnex

AUGUST 18, 2022

Pennsylvania , for one, now makes it crystal clear that telework once again creates sales tax nexus. Telework creates no exception to the rule, as was recently shown by the Supreme Court’s refusal to hear a remote work and tax case between New Hampshire and Massachusetts. Pandemic relief is obviously expiring.

Sales 246

Sales Tax New Hampshire income tax 246

Withum

SEPTEMBER 17, 2021

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New Jersey 116

New Jersey New York Pennsylvania 116

TaxConnex

SEPTEMBER 7, 2021

Origin based states Major origin-based states include Texas, Pennsylvania, Ohio, Virginia and California. In most other situations, following the destination-based sourcing rules for interstate commerce is a safe bet. Most states and Washington, D.C., are destination-based requiring you to apply sales tax at the location of the customer.

Texas 237

Texas Connecticut Real Estate Pennsylvania 237

Accounting Today

SEPTEMBER 24, 2024

The Internal Revenue Service is postponing filing and payment deadlines for those impacted by the tropical storm.

Pennsylvania 80

Pennsylvania Tax 80

Insightful Accountant

JULY 8, 2024

The Pennsylvania Institute of CPAs has published a 29-page CPA firm Tech Report with insightful information on the use of technology and where firms are moving related to tech.

Pennsylvania 52

Pennsylvania cpas Technology cpa firm 52

TaxConnex

JUNE 11, 2024

Some states, like Pennsylvania , require periodic renewal of sales tax permits. Once you have submitted the requested data for your sales tax registration and assuming the state doesn’t have any additional questions or ask for additional information, each state will assign to you a filing frequency.

Sales 264

Sales Tax North Dakota Nebraska 264

TaxConnex

JUNE 16, 2022

Three years ago it was determined that booking agents (including OTCs) were required to collect Pennsylvania 6% state and local hotel occupancy taxes on the full retail rate charged for a hotel room. To cite Expedia as one example, some 16 states require the OTC to collect some kind of sales tax.

Louisiana 264

Louisiana Pennsylvania Tax Sales 264

TaxConnex

SEPTEMBER 30, 2022

The Commonwealth Court of Pennsylvania sided with the Online Merchants Guild when the latter contested charges by the state Department of Revenue (DOR) for taxes owed. How the decision in Pennsylvania will ripple out to affect them is to be seen. Stay tuned.

Pennsylvania 130

Pennsylvania New Jersey Texas Sales 130

Withum

AUGUST 8, 2023

In June 2023, Pennsylvania Governor Josh Shapiro signed into law a cybersecurity bill, the Pennsylvania Insurance Data Security Act (the “Act”), that requires insurance licensees (with an exception for certain small businesses) to conduct a risk assessment to identify cybersecurity threats and determine the potential damage that might occur.

Pennsylvania 52

Pennsylvania 52

Accounting Today

APRIL 25, 2024

Firms must transform their business models to afford the cost of multilayered retention strategies, a new report by the Pennsylvania Institute of CPAs says.

Pennsylvania 130

Pennsylvania cpas accountant Account 130

Accounting Today

AUGUST 14, 2024

The CPA certification is the third-most valued credential for CFO roles, according to a report by the Pennsylvania Institute of CPAs.

CPA 130

CPA Pennsylvania cpas Account 130

TaxConnex

DECEMBER 5, 2023

In recent years IHRSA lent its voice to prevent imposition of sales taxes on health club memberships in Maine, Pennsylvania, West Virginia, Wyoming, Georgia and Arizona. Instead, policymakers should be actively encouraging physical activity,” the organization contends.

South Carolina 264

South Carolina Sales Tax West Virginia 264

TaxConnex

FEBRUARY 25, 2021

A number of states - including Colorado, Georgia, Pennsylvania and Washington and more - have chosen to offer remote sellers the option of complying with strict use tax notification and reporting requirements rather than registering for sales tax under nexus provisions. Use tax or sales tax is due on a sale, but not both.

Rhode Island 235

Rhode Island Tax Colorado Georgia 235

TaxConnex

JANUARY 3, 2023

A Pennsylvania state court did recently decree that an Amazon warehouse creates no physical nexus for a group of online sellers in that state. Having an office or employees or inventory in a state are forms of physical presence , which create nexus.

South Dakota 246

South Dakota Sales Alaska Tax 246

TaxConnex

AUGUST 30, 2022

Pennsylvania and the state of Washington (check thoroughly in the case of the latter), among many others. Most states and the District of Columbia tax sales of digital products, usually including apps. (In In some states, such as Colorado and even Alaska , home rule statutes might also apply.).

Sales 246

Sales Tax Wisconsin Massachusetts 246

TaxConnex

JANUARY 11, 2022

But even a portion of taxable items renders a whole shipment’s shipping cost subject to sales tax in Kentucky, New Mexico, New York and Pennsylvania. Taxability can also depend on how the bill/invoice is presented.

Sales 246

Sales Rhode Island South Dakota North Dakota 246

TaxConnex

FEBRUARY 1, 2024

Phil Connors, Groundhog Day In 1993, a Bill Murray movie quietly appeared about a Pennsylvania TV weatherman who relives the same day (February 2) over and over in the town of Punxsutawney. Well, it’s Groundhog Day.

Sales 264

Sales Tax Minnesota Colorado 264

Accounting Today

JUNE 14, 2024

The Supreme Court asked the solicitor general to weigh in on whether a Pennsylvania tax case has federal ramifications.

Pennsylvania 119

Pennsylvania Tax 119

TaxConnex

JULY 21, 2022

Major ones include Texas, Pennsylvania, Ohio, Virginia and California. Variations can exist based on what you’re selling, in most situations, following the destination-based sourcing rules for interstate commerce is a safe bet. We said “most”: Some states are origin -based.

Sales 246

Sales Tax Pennsylvania Ohio 246

TaxConnex

MAY 17, 2022

Major origin-based states include Texas, Pennsylvania, Ohio, Virginia and California. Though destination rules can vary, following destination-based sourcing rules for interstate commerce is a safe bet (though you might have to consider numerous tax jurisdictions and their impact on your sales tax obligations).

New Mexico 246

New Mexico Texas Illinois Colorado 246

CPA Practice

JULY 23, 2024

By Hallie Lauer, Pittsburgh Post-Gazette (TNS) The Pennsylvania Supreme Court will consider Pittsburgh’s reliance on a tax levied on out-of-town athletes and performing artists—the so-called “jock tax”—following a lower court’s ruling earlier this year that the tax is unconstitutional, a decision that could have lasting budgetary implications for the (..)

Pennsylvania 59

Pennsylvania Tax Real Estate income tax 59

CPA Practice

SEPTEMBER 13, 2024

The Pennsylvania Institute of Certified Public Accountants (PICPA) recently announced the rebranding of the Pennsylvania CPA Foundation. Successfully launched the first CPA Awareness Week in Pennsylvania bringing attention to the profession’s talent challenges and opportunities.

CPA 113

CPA Pennsylvania Tennessee cpas 113

CPA Practice

JANUARY 17, 2023

PICPA also announced a coming legislative update scheduled for March of 2023 that will cover Pennsylvania Gov. For more competitive members, a Fitness Challenge is also offered, running from February 7 through April 18, 2023. Shapiro’s first budget proposal.

CPA 124

CPA Pennsylvania Tennessee Nevada 124

Going Concern

JUNE 26, 2024

We’re not talking about the high number of people who are sticking around at their firms right now because the market is so screwy but rather this is about respondents to a Pennsylvania Institute of CPAs survey they’ve called “ CPA Talent Retention 2024: Keeping Your Best Performers.”

Pennsylvania 111

Pennsylvania cpas CPA public accounting 111

TaxConnex

AUGUST 11, 2022

Pennsylvania: The Department of Revenue continues to warn about sales tax scam letters to business owners claiming to be from the state. The letters include the Department of Revenue’s name and logo and say recipients are under investigation for failing to pay Pennsylvania taxes.

Sales 130

Sales Tax North Carolina Pennsylvania 130

TaxConnex

JULY 25, 2023

Other states also impose a gross receipts tax specifically on telecommunications services: Pennsylvania has a 5-percent gross receipts tax, for instance; Maryland is 2-percent and New York is 2.5-percent. These are annual corporate-type taxes, many times requiring an estimated payment like a corporate income tax.

Tax 246

Tax Florida Missouri Maryland 246

TaxConnex

NOVEMBER 7, 2023

States usually cap the amounts and might use complex formulas to determine discounts based on the amount of sales tax collected and remitted and, as in New York and Pennsylvania, among other states, filing frequencies. Pennsylvania, like many states, also offers its discount for timely filing.

South Carolina 147

South Carolina Colorado Pennsylvania Kentucky 147

TaxConnex

MAY 27, 2021

Idaho and Pennsylvania, for instance, usually require one form. Where it gets (even more) complicated. A glance at the number and variety of tax exemption forms for resale shows that some states might be simpler to deal with than others. Texas offers nine different forms.

Sales 243

Sales Tax Connecticut Idaho 243

Accounting Today

SEPTEMBER 30, 2022

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Pennsylvania 74

Pennsylvania Account accounted accountant 74

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

FEBRUARY 2, 2021

Pennsylvania , Maryland and New York impose a gross receipts tax specifically on communications services: These are annual corporate-type taxes, often requiring an estimated payment like a corporate income tax.

Tax 189

Tax Missouri Maryland Pennsylvania 189

TaxConnex

JANUARY 27, 2022

Arkansas, Kansas, Pennsylvania, Tennessee, Texas and Florida were the latest states to report sales tax revenue shattering predictions. Globally, more than nine out of 10 internet users have purchased products online. It’s estimated that within 20 years, 95% of all purchases will be through e-commerce. Local jurisdictions from Geneva, N.Y.,

Sales 242

Sales E-commerce Tax Florida 242

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

TaxConnex

DECEMBER 12, 2024

Though Pennsylvania has ruled that such storage did not create physical presence nexus, states may not be finished trying to enforce this nexus rule. Facilitators also frequently warehouse sellers inventory in scattered sites nationwide (Amazon has hundreds such buildings, including its fulfillment centers).

Sales 147

Sales Oklahoma Arkansas Alabama 147