Accounting
State and Local Sales Tax Rates, Midyear 2020
Key Findings Forty-five states and the District of Columbia collect statewide sales taxes. Local sales taxes are collected in 38 states. In some cases, they can rival or even exceed state rates. The five states with the highest average combined state and local sales tax rates are Tennessee (9.55 percent), Arkansas (9.53 percent), Louisiana (9.52…
Read MoreSovos acquires Accordance, a VAT managed services company
The global coronavirus pandemic has created an atmosphere of change for VAT countries as they struggle to come to terms with the financial impact of the crisis. Original Article Posted at : https://www.accountingtoday.com/news/sovos-acquires-accordance-a-vat-managed-services-company
Read MoreVertex files for IPO, names new board chairman
Vertex has filed for an IPO, riding the wave of success the Supreme Court Wayfair decision has brought tax automation providers. Original Article Posted at : https://www.accountingtoday.com/news/vertex-files-for-ipo-names-new-board-chairman
Read MoreIn the blogs: Striking the right discord
Property tax disparity; finding clients with social media; remembering Kleinbard; and other highlights from our favorite tax bloggers. Original Article Posted at : https://www.accountingtoday.com/opinion/in-the-blogs-striking-the-right-discord
Read MoreDeloitte and its clients adjust to coronavirus accounting and auditing
Deloitte is helping its corporate clients get ready to prepare their quarterly financial statements in the midst of the novel coronavirus pandemic, as its own employees grow more accustomed to doing remote audits while working from home. Original Article Posted at : https://www.accountingtoday.com/news/deloitte-and-its-clients-adjust-to-coronavirus
Read MoreDigital services taxes face barriers
But they remain attractive to countries looking to countries looking to tax U.S. tech giants and to U.S. states hungry for revenue. Original Article Posted at : https://www.accountingtoday.com/news/digital-services-taxes-face-barriers
Read MoreAICPA pushes Fed and Treasury for new lending facility to aid small businesses
The American Institute of CPAs has organized a coalition of 21 business trade groups in urging the Federal Reserve and the Treasury Department to provide a new lending facility to small businesses for short-term liquidity needs. Original Article Posted at : https://www.accountingtoday.com/news/aicpa-pushes-fed-and-treasury-for-new-lending-facility-to-aid-small-businesses
Read MoreWhat CPA firms can learn from treehouse builders
Your clients don’t want to have to pick up the phone and wait four days for an answer. Original Article Posted at : https://www.accountingtoday.com/opinion/what-cpa-firms-can-learn-from-treehouse-builders
Read MoreRefocusing my practice: How working with fewer clients led to greater revenues
You can’t have a bunch of B, C, D or even F clients if you want it to be an A+ practice. Original Article Posted at : https://www.accountingtoday.com/opinion/refocusing-my-practice-how-working-with-fewer-clients-led-to-greater-revenues
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