Taxes

What is a W-9 Form?

July 26, 2023 Whether you are a small business owner hiring independent contractors or a freelancer seeking work opportunities, the...

Is Canceled Debt Taxable?

July 25, 2023 Dealing with debt can be a stressful and overwhelming experience, but imagine finally having a weight lifted...

Telecommunication Taxes & Fees by State | TaxConnex

If you’re a telecommunications services company, you face greater trials than other businesses when complying with federal, state and local...

What is Schedule R, Tax Credit for Elderly or Disabled?

July 24, 2023 Tax season can be a daunting time for many, with the intricacies of various forms and schedules...

Exemption certificate management and audits

Maintaining current, valid exemption certificates is critical in managing your overall sales tax risk. Under audit, an otherwise exempt sale...

What to Know About Schedule H: Household Employment Taxes

July 20, 2023 If you have anyone doing work around your home, it’s possible they may be considered household employees....

Tax Tips for Resident and Non-Resident Aliens: Part 2

July 19, 2023 When it comes to filing taxes as a resident or non-resident alien, the first step is determining...

Understanding situs for sales tax

We hear a lot about nexus and various thresholds but not as much as about tax situs. The situs is...

Tax Tips for Resident and Non-Resident Aliens: Part 1

July 18, 2023 Did you know you are required to pay taxes on your income even if you are not...

AGI vs. MAGI

July 17, 2023 Most taxpayers are used to seeing the term adjusted gross income, or AGI, when filing their tax...

Sales tax holidays and taxability of clothing/back to school (part 2)

As we saw last time, sales tax holidays are continuing to enjoy a heyday this year. Here are the back-to-school...

1099s Explained: FAQs

July 13, 2023 Form 1099 is more common than ever with many taxpayers turning to side hustles for extra income....