An Agreement of Revenue Sharing: A New Beginning for Fayetteville and Cumberland County The City of Fayetteville has embarked on a notable journey with Cumberland County. As per the newly minted agreement, Fayetteville will share 50% of the sales tax revenue above the fiscal year 2022 levels. This landmark decision promises to bolster the city’sFayetteville and County Reach Agreement to Redistribute Sales Tax Revenue
The Increasing Importance of CPAs in Cybersecurity By Tyler Moffitt. In the modern age, CPAs are not just confined to bean counting during tax season. Their roles have expanded significantly, encompassing not only tax filings and compliance but also safeguarding clients’ sensitive financial data from looming cyber threats. Tax season ranks among the most activeKey Cybersecurity Strategies to Protect Clients in Tax Season
The Quest for a Speedy Refund Filing taxes can often seem a daunting task for many. But alas, one cannot expedite a refund with a barrage of phone calls or emails. According to the Internal Revenue Service, the finest route to a swifter refund lies elsewhere. The Easiest Way to a Good Return Indeed, theHow to Speed Up Your Tax Refund: Insights from the IRS
Property Tax Cuts in Texas Greetings, dear reader. If you find yourself perplexed by the recent shenanigans in the Texas legislature regarding property tax cuts, you’re not alone. Allow me to elucidate the matter in a manner befitting the discerning observer. The Proposals from the House and Senate The Texas House and Senate have eachTexas Legislators Unveil Proposed Property Tax Reductions
- Global Economy
Constructing a Possible New Global Economic Framework – Commentary
Washington’s Tariff Adventures Since the dawn of his presidency, the illustrious Donald Trump embarked on a tariff-spree, surely pleasing his admirers. Within mere days of setting foot in the Oval Office, he aimed his tariff gun at Canada and Mexico. Although, their robust counteractions compelled him to place these on hold. But China soon foundConstructing a Possible New Global Economic Framework – Commentary
## An Important Clarification on South Carolina Sales and Use Tax ### By **Jaqueline McCool** · March 25, 2025 The South Carolina Department of Revenue has clarified its tax regulations. Released on a Tuesday, the latest revenue ruling addresses the sales and use tax implications for wholesale businesses. In practical terms, this affects wholesale purchasersSC Provides Explanation on Sales Tax for Inventory Usage
HB 23: A Step Forward for Maryland Counties Embracing Local Tax Flexibility In a notable legislative stride, the Maryland House of Delegates has given its nod to HB 23 – Property Taxes. This development offers a splendid opportunity for counties, enabling them to address the burgeoning costs associated with transportation and education through a novel,House Passes Bill Allowing Local Tax Flexibility for Schools and Infrastructure
Beware of Deceitful IRS Websites Greetings, dear reader. I trust this message finds you in good spirits. As the tax season draws near, with the April 15th deadline looming large, it’s imperative to exercise caution. Scammers are becoming increasingly sophisticated, crafting elaborate traps to ensnare unsuspecting individuals. The Rise of Fake IRS Websites In recentBeware of Scammers: Tax Time Brings Surge in Fake IRS Websites and Text Messages
Legislative Advancements in Alabama: Tax Reductions and More A Modest Proposal: Reducing Sales Tax on Food In a commendable stride towards aiding the good people of Alabama, the House Ways and Means Education Committee has moved forward with four legislative bills. Chief among these is the valiant effort to lighten the burden of the stateCommittee Approves Lower Food Sales Tax and Expanded Tax Breaks
The ASC’s Concerns with Norway’s New Tax on Sustainable Fish The Aquaculture Stewardship Council (ASC) has expressed significant concerns regarding Norway’s recent imposition of a tax specifically targeting ASC certified fish at a rate of 1.5 NOK per kg. This move, according to the ASC, will lead to unintended and severe environmental repercussions for theASC Criticizes Extra Tax by Norwegian Norm Price Council as a Threat to Sustainable Aquaculture
