Taxes
How to File Back Taxes
Filing back taxes may seem overwhelming, but catching up is essential to avoid penalties, interest charges, and potential legal consequences....
simple yet complex for sales tax
Sales tax comes with a lot of important terms. One is “drop shipment.” (more…)
Can the IRS Take My Social Security?
Social Security benefits provide a crucial lifeline to millions of Americans, particularly retirees, disabled individuals, and others who rely on...
What to ask (part 2)
Assessing a company’s sales tax risk and exposure starts (and maybe ends) with the right questions. (more…)
What is the IRS Collection Statute of Limitations?
They say that death and taxes are the only two certainties in life. However, taxes are only collectible for so...
What to ask (part 1)
Whether you’re a consultant working with companies or you run your own company... whether you’re just looking to clean up...
I Overstated My Tax Deductions. Now What?
It’s easy to make mistakes when filing taxes, especially when it comes to deductions. You might accidentally overstate your tax...
Can I Claim My Parent as a Dependent?
Caring for an elderly parent can be a financial toll, especially when you also have children to care for. Claiming...
My OIC was Rejected. Now What?
If your Offer in Compromise (OIC) is rejected by the IRS, it can feel discouraging, but you still have options....
Defining tech products for tax and regulatory compliance – part 2, technology overlap
Previously, we gave an overview of how IT and telecom companies have special challenges regarding sales tax and regulatory compliance...
How Does Self-Employment Tax Work?
If you’re self-employed, you likely know that managing your taxes can feel more complicated than simply having an employer deduct...
Are Political Donations Tax Deductible?
Political donations are a vital part of democratic systems, empowering individuals to support their preferred candidates, parties, and causes. As...
