Taxes
What to know about responsible party laws
We hear a lot about “sales tax obligations,” but who exactly in your company is “obligated?” You are, at least...
The 1099-K Reporting Threshold Is Delayed – Now What?
January 19, 2023 In December 2022, the IRS announced that the new reporting thresholds for Form 1099-K have been delayed....
How Student Loan Forgiveness Affects Your Taxes
January 17, 2023 Generally, student loan debt cancellation is considered taxable income. If you are one of the 43 million...
Iowa Tax Brackets and Tax Deductions
Iowa State Tax Brackets 2023 The state of Iowa collects income tax from its residents at the same rate regardless...
How to Check Your Tax Refund Status
One of the hardest parts about doing your taxes? Waiting for that refund to hit your bank account. If you’re...
The latest on sales tax on shipping charges (part 1)
Online sales could not exist without shipping, and the charges associated with shipping are subject to sales tax in many...
Common IRS Penalties & How to Avoid Them
January 12, 2023 Owing the IRS doesn’t just stop with your tax balance. If your tax obligations are not met,...
Sales tax and economic nexus in Puerto Rico
Studies show that some 1.4 million people in the Commonwealth of Puerto Rico (more than a third of population) do...
What To Do If You Received a 1099-K From Your Crypto Exchange
If you engaged in crypto trading in 2022, it’s possible you could receive Form 1099-K this year. But what is...
How to File Taxes for a New Side Gig
Start a side gig in 2022? Whether you lost your traditional job or you simply wanted to earn some extra...
What is the IRS Fresh Start Program?
January 10, 2023 A new year could mean a financial fresh start. The IRS Fresh Start program was created to...
3rd Annual Sales Tax Market Research Survey Results Released!
We have completed our third annual survey of top financial professionals on how they are managing sales tax. This year’s...
