Taxes

Sales tax concerns if you sell through multiple channels

This article was originally featured in the Retailist on October 3rd, 2022. Businesses have new ways to sell today, as...

Vehicles for Business Use

October 27, 2022 You can deduct vehicle expenses if you use your car for business purposes. You can even deduct...

Tricky items for sales tax (Part 3)

Our Halloween-month look at tricky items concludes with a natural: candy. Consumers are expected to spend more than $3.1 billion...

How to Avoid Tax Scams and SMishing

October 25, 2022 The IRS recently announced that there has been an increase in tax-related scams where taxpayers personal financial...

What was new in September 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...

Itemized Deductions vs. Above-the-Line Deductions

You probably know that claiming income tax deductions reduces your taxable income. But did you know that not all deductions...

How Home Equity Loans Affect Taxes

October 21, 2022 Sometimes the idea of taking out a second mortgage can be a viable solution to eliminating debt,...

Will New IRS Funding Mean More Audits?

The IRS will receive an extra $80 billion in funding over the next decade thanks to the Inflation Reduction Act....

Tricky items for sales tax (Part 2)

Our Halloween-month look at tricky items for sales tax continues here with a few items it’s hard to live without…...

Don’t Be Afraid to File Your Own Taxes If You’re Self-Employed

When it comes to “being your own boss,” Americans seem to have it covered. According to the Bureau of Labor...

Student Loan Forgiveness: Which States Will Tax Your Canceled Debt?

Updated Oct. 18, 2022 At the end of August 2022, President Biden revealed that borrowers could get up to $10,000...

Tricky items for sales tax

We’re fond of saying that nothing’s ever easy in sales tax. And here we’ll kick off our run toward Halloween...