Taxes
What is FICA Tax?
May 24, 2023 You may notice several deductions on your paycheck, such as federal income tax, state taxes, and Social...
Loopholes and other odd sales tax rules, part 2
Last time we looked at a sample of the strange sales tax laws regarding food, including a sliced bagel in...
What Medical Expenses Are Tax Deductible?
May 23, 2023 Tax deductions can drastically reduce your total tax liability and allow you to save money. While medical...
What is Imputed Income?
May 22, 2023 While you may not have heard of the term “imputed income,” chances are that you might be...
How Going Green at Home Can Save You Money During Tax Time
May 19, 2023 With all the talk of the new electric vehicle (EV) tax credits, it’s a good time to...
How to Avoid Payroll Fraud
May 18, 2023 Payroll fraud is an unfortunate reality that continues to haunt businesses, causing significant financial losses and harming...
What Assets Can the IRS Seize?
May 17, 2023 It can be difficult and frustrating to deal with tax debt. You might be concerned about whether...
Are You At Risk of IRS Audits and Collections?
May 16, 2023 The Inflation Reduction Act of 2022 has equipped the IRS with more than $80 billion in funding....
5 Reasons to Outsource Your Sales Tax Compliance Process
As you are likely aware, managing your sales and use tax obligations is not a small task. Ensuring you have...
Understanding the Taxpayer Bill of Rights
May 15, 2023 When dealing with the IRS, it’s easy to feel outnumbered and helpless. However, it is important to...
Common IRS Notices & What They Mean
May 12, 2023 While it is not unusual, getting a notice from the Internal Revenue Service (IRS) can be a...
The latest on the NOMAD states
A state has not added a statewide sales tax since Richard Nixon was in the White House. Vermont was the...
