Taxes
How to Request a Tax Transcript From the IRS
August 22, 2023 When it comes to financial matters, accurate documentation is key. The IRS maintains various types of transcripts...
How Freelancers Can Avoid Surprising Tax Bills
August 21, 2023 The allure of freelancing lies in its flexibility and independence, allowing individuals to pursue their passions while...
Sales tax industry of the month: Manufacturers
When it comes to sales tax, “manufacturing” is often defined as a physical application of materials and labor to change...
How State Residency Affects Your Taxes
August 17, 2023 When it comes to taxes, the old adage “location, location, location” takes on a new meaning. State...
How to File Past-Due Tax Returns
August 16, 2023 Life can sometimes throw us curveballs, and as a result, important tasks like filing tax returns can...
What’s new in sales tax?
There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent...
IRS Ends Surprise Visits from Revenue Officers
August 15, 2023 The IRS recently announced it is ending its longstanding practice of surprise in-person visits to taxpayers. Optima...
What is a Section 179 Deduction?
August 10, 2023 When it comes to running a business, one of the key goals is to minimize expenses and...
Time constraints surrounding sales and use tax
Your online business is painfully aware of tax deadlines for income, payroll, property and other local taxes. Sales and use...
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...