Taxes

A Strategic Timeline for Implementing a Sales Tax Strategy and Process – Part 2 | TaxConnex

A job as intimidating as setting up a system to handle your sales tax obligations can be a lot easier...

Sales Tax Planning, Strategy, & Timeline | TaxConnex

Exactly how long will it take you to set up a process to evaluate and comply with your sales tax...

Vendor Sales Tax Discounts & Compensations to Know

Hard to believe if you’ve ever dealt with sales tax jurisdictions, but they will actually give you a break on...

Don’t Forget Sales Tax When It Comes to Year-End Planning for Your Clients!

October 15th ended the last major income tax due dates in 2023. Most CPAs use the fourth quarter of the...

Sales Tax Horror Stories: Adding new products without checking taxability

Adding a new product is great, new revenue streams are wonderful. Just don’t let sales tax turn the situation into...

Sales Tax Horror Stories: Automation | TaxConnex

Sales tax is a major obligation for your business. As with most such obligations, you probably ask, “Can automation help...

Sales Tax Horror Stories: Audit Processes | TaxConnex

“Scary” has five letters. Know what word in sales tax also has five letters? “Audit.” Few issues in the area...

How to Avoid an IRS Audit

October 24, 2023 While there is no guaranteed method of avoiding tax audits, there are things to steer clear of...

Joint Custody & Taxes: How Does it Work?

October 23, 2023 The structure of modern families is changing, and one of the most common developments is joint custody,...

What is Schedule K-1?

October 18, 2023 When it comes to taxation and financial reporting, there are numerous forms and schedules that can often...

Origin States vs. Destination-Based States | TaxConnex

Does sales tax get charged based on customer location or purchase location? You know our favorite saying – IT DEPENDS!...

Tax Tips for Social Media Influencers

October 4, 2023 Social media influencers have become a prominent and lucrative part of the digital landscape. With millions of...