Thursday, February 7, 2013
Please don't tax the CPA! (or other professional services)
Hawaii, New Mexico and South Dakota, who in their sales tax on professional services do not exempt the CPA are not the only states to be aware of in changing times. Shifting from manufacturing to services is part of the culprit as this tax becomes more prevalent on services. Notice in this advocacy article from the AICPA how it points out that states who had taxes in place eliminated them for complexity issues. http://blog.aicpa.org/2013/02/tentacles-of-state-tax-on-professional-services-may-reach-cpas.html
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