Taxes
Sales Tax Scaries 3: Audits
Surviving the Scare of a Sales Tax Audit: How to Stay Prepared Few things are scarier in the tax world...
Tax Deductions for Gen Z, Millennials, and Boomers
Key Takeaways: Tax deductions vary by generation: Each age group, Gen Z, Millennials, and Boomers, has unique tax-saving opportunities based...
Sales Tax Scaries 2: M&As
The Hidden Dangers of Sales Tax in Mergers and Acquisitions Few business deals can ignite optimism like a merger/acquisition: new...
Estimated Tax Payments: What Happens If You Miss a Quarter
Key Takeaways Missing a quarterly estimated tax payment triggers IRS underpayment penalties and daily compounding interest until the balance is...
Sales Tax Scaries (Part 1)
Could Your Sales Tax Become a Horror Story? This part of the year is filled with horror stories. Could your...
How the IRS Finds Out About Your Assets
Key Takeaways The IRS learns about your income and assets through third-party reporting, including W-2s, 1099s, mortgage records, and brokerage...
Everything You Need to Know About the Latest With Marketplace Facilitators
“Marketplace facilitator” is slowly becoming a familiar term in the sales tax world. What once started as a world of...
How Do Newlyweds File Taxes?
Key Takeaways Newlyweds should promptly update their name and address with the Social Security Administration and IRS to prevent refund...
How does it handle sales tax and is it a marketplace facilitator?
One critical tool to eCommerce back office is the checkout tool, and the best of such checkout tools evolve as...
Will the IRS Negotiate If You Can’t Pay?
Key Takeaways The IRS does negotiate tax bills, but only through structured relief programs—not informal deals. Main options include...
How States Address Grocery Sales Tax Rates
Cut them now, trim them over time, hold them steady by bundling them with other tax packages, or punt to...
Charitable Donations: What the IRS Requires for Proof
Key Takeaways: Charitable donations are deductible only if given to qualified 501(c)(3) organizations, including religious, educational, and charitable nonprofits. Cash...