Taxes
GoFundMe: How are Donations Taxed?
August 9, 2023 Crowdfunding is the act of funding a project by collecting small donations from a large number of...
Managing Exemption Certificates – the importance of validation
Valid exemption certificates from your customers are critical in managing your overall sales tax risk. Yet a surprising number of...
Zelle and Taxes: Will I Receive a 1099-K?
August 8, 2023 We’ve been warned about the new 1099-K reporting thresholds for over a year now. Beginning in tax...
What is the SALT Deduction?
August 7, 2023 If you’ve never heard of the State and Local Tax (SALT) deduction, you’re not alone. But if...
2023 State Income Tax Rates and Brackets
August 3, 2023 We often discuss federal taxes here, from tax filings to deductions and credits. However, it’s important to...
Telecommunications Tax Exemptions | TaxConnex
TaxConnex works with a lot of telecommunications service providers that are new to the business. Many are existing MSP’s (Managed...
Tax Tips for Seniors and Retirees
August 1, 2023 As the golden years approach, seniors and retirees face a new set of financial challenges, with tax...
$1.5 Billion in Tax Refunds are Unclaimed. Do You Qualify?
August 1, 2023 The IRS has $1.5 billion in unclaimed tax refunds for tax year 2019 and the deadline to...
Refunds and your sales tax compliance
It seems like a simple part of selling online. You sell an item to a customer, they decide for whatever...
Can I Get Disability If I Owe Back Taxes?
July 31, 2023 Life can be challenging when facing both financial difficulties and health issues. For individuals experiencing a debilitating...
Three C’s of Sales Tax Compliance
Sales tax is meant to be a pass-through tax and thus one that should have minimal impact on a company’s...
What’s Going on with Social Security?
July 27, 2023 Social Security, a cornerstone of America’s safety net, has been providing financial support to millions of retirees,...
