Taxes

New Year, New Financial Goals (And How to Stick to Them)

Did your New Year’s resolution involve saving more money? If so, you’re not alone. Here are some tips for spending...

How to Claim Mileage Deductions and Business Car Expenses

Updated for tax year 2022 If you frequently drive your car for business purposes, you know how car expenses can...

How to Get Rid of Back Taxes

January 27, 2023 IRS enforcement has cooled in the years following the COVID-19 pandemic, but the 2022 Inflation Reduction Act...

What was new in December for state sales and use taxes

There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent...

The latest on sales tax on shipping charges (part 2)

Shipping is indispensable to eCommerce yet sales tax on it remains a mishmash of regulations across the states. In our...

Tax Credits vs. Tax Deductions

January 24, 2023 Tax season is officially here. As you prepare to file your tax return, it might be helpful...

Mileage Reimbursement Calculator

Our Mileage Reimbursement Calculator helps to determine the compensation of travel while you are on official business. This amount is...

How Itemized Deductions Work

Don’t worry – the IRS doesn’t want to tax every last cent you earn. In fact, the department offers a...

Why Did I Receive a 1099-K?

Changes in what companies are required to report to the IRS were supposed to go into effect this tax year,...

4 Examples of Form 1099-K Scenarios

You can receive Form 1099-K for a variety of reasons. How you report the income listed on your 1099-K depends...

What Do New 1099-K Payment App Rules Mean for Taxpayers?

You may have heard about new tax reporting rules for businesses using third-party payment apps such as PayPal, Cash App,...

Iowa State Tax Due Date for 2023

Iowa State Tax Filing Deadlines 2023 The State of Iowa government has issued the following guidance concerning income tax filing...