Taxes

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...

Set Your Status to Single: 4 Tax Advantages for Solo Filers

People often talk about the tax breaks that come with getting married — but that doesn’t mean unmarried people are...

The Sales Tax Requirements of Selling Into Canada

U.S. sales tax is confusing enough. What if you begin selling into a foreign country? You’ve heard it before that...

IRS Interest Rate Increases for Q1 of 2023

January 4, 2023 While the Fed continues to increase interest rates, other entities are adjusting their own rates accordingly, the...

Economic nexus overview – all states with sales tax now active

Next summer will mark five years since the Supreme Court ignited economic sales tax nexus with the South Dakota v....

Are Political Contributions Tax Deductible?

Updated for tax year 2022. Campaign contributions total hundreds of millions of dollars, and they continue to rise. With this...

How to Calculate the Self-Employment Tax

Updated for tax year 2022. No matter what self-employment looks like for you, you’re responsible for ensuring the taxes on...

What happened in sales tax in 2022

New sources of tax revenue, old ones robust but sputtering in spots, tax holidays as political tools amid inflation: It’s...

Tax Basics for Teens: Filing Your First Tax Return

Are you filing your taxes for the first time this year? Filing an income tax return may sound daunting, but...