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News

May 20, 2019

Sales tax proposals threaten to ensnare CPA firms

 

Journal of Accountancy
By Sarah Ovaska-Few | May 17, 2019

When Utah's Legislature floated a proposal earlier this year to levy sales tax on a number of services, including accounting services, the Utah Association of CPAs quickly voiced opposition.

Susan Speirs, CPA, CGMA, the association's CEO, called on members to voice their concerns about the negative impact the proposal would have on their firms as well as on their clients. The Utah reform proposal would have increased the list of services subject to sales tax, including legal and accounting services. Read more.


 
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