Taxes
What You Need to Know About Underpayment of Tax Penalties
Taxes are an essential part of a functioning society, providing the government with the necessary funds to provide public services...
Pitfalls of sales tax compliance: cash and G/L management
As your business starts to sell into more states, you’re likely going to get more sales tax obligations. That may...
IRS Crypto Enforcement 2025 | Optima Tax Relief
Key Takeaways: The IRS’s attempt to treat DeFi platforms as brokers was repealed in April 2025, signaling a major shift...
Is Shopify a marketplace facilitator?
In just 20 years since its founding, Shopify, the $7 billion platform that can be used to build online stores (some...
How to Report Rental Income and Avoid IRS Red Flags
Key Takeaways: All rental income must be reported—including monthly rent, advance payments, lease termination fees, utility overcharges, and amenity...
Pitfalls of sales tax compliance: billing systems
Sales tax is not top of mind for most executives, but it is something most businesses have to manage at...
When Does the IRS Pursue Criminal Charges?
Key Takeaways: Most IRS interactions are civil, but willful violations of tax law—such as fraud, evasion, or false returns—can lead...
Clothing taxation – and major exemptions
Sales tax rules on clothing are some of the most complex nationwide, as a patchwork of states offer complete exemptions,...
State Tax Liens vs. IRS Tax Liens: What’s the Difference?
Key Takeaways: State tax liens vary widely in how they’re enforced and resolved, while IRS tax liens apply nationwide and...
Defining Your Tech Solution for Tax, Regulatory Compliance
Technology’s bull rush to keep up with consumers’ demand can mean products and offerings cross lines in taxation and regulation....
The Tax Consequences of Winning the Lottery or a Big Prize
Winning the lottery or a big prize can be lifechanging, whether it’s a multimillion-dollar jackpot, a luxury car, or a...
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...
