Taxes
What You Need to Know About IRS Bank Levies
Key Takeaways: An IRS bank levy allows the agency to seize funds in your account up to the amount owed,...
Sales tax myths
It seems that most people would rather hear inaccurate advice that makes them feel good rather than accurate advice they...
Can I Claim an Energy Tax Credit?
Amid growing concerns over climate change, the promotion of sustainable energy practices has become paramount. Governments worldwide are increasingly turning...
Could Your Business Survive a Sales Tax Audit?
Sales tax compliance is one of the most underestimated risk areas for growing businesses. The rules are complex, vary by...
How to Track and Deduct Business Use of a Personal Vehicle
Key Takeaways: Only business-related mileage is deductible, such as trips to clients or temporary job sites. Daily commuting is not...
What’s new in sales tax in 2025?
There’s always something changing in the world of sales tax, and this year has been no exception. Here’s a look...
Tax Guide for Independent Contractors
Working as an independent contractor offers flexibility and autonomy, but it also means taking full responsibility for your taxes. Unlike...
Step-by-step guide to the VDA process
If your sales tax obligations have gotten ahead of you – and you owe back taxes – you have a...
What is Schedule R, Tax Credit for Elderly or Disabled?
Key Takeaways of Schedule R Purpose: Schedule R is used to claim the Credit for the Elderly or the Disabled,...
How sales tax calculation systems do – and don’t – work
Sales tax compliance software can seem like a valuable resource to remote sellers who struggle to calculate what they must...
Estate Tax Considerations for Widows
Key Takeaways: Federal estate tax rarely affects widows immediately thanks to the unlimited marital deduction. The 2025 estate tax exemption...
Excise tax versus sales tax
Soon after you start dealing with sales tax, you’re going to also run into excise tax. What’s the difference? (more…)
