Taxes

How not to tank your sales tax audit (part 1)

If you are a business that must collect and remit sales tax, an audit is probably one of your biggest...

Real Estate Investments & Tax Implications

September 15, 2022 Real estate investments can be very complex, especially when it comes to tax reporting. However, there are...

Real Estate Investments & Tax Implications

September 15, 2022 Real estate investments can be very complex, especially when it comes to tax reporting. However, there are...

Common eBay Seller FAQs Explained

CON-15-TY21-490-eBay Infographics 4_Common Seller FAQs and Unique Scenarios Explained - FINAL Start for free Sign In Original Article

Colorado: Fee or tax?

Remote retail sales just got rockier in Colorado, which has begun imposing a 27-cent fee on every retail delivery made...

Is My Side Business a Hobby or Small Business?

September 8, 2022 The desire or need for extra income has become increasingly prevalent. Side gigs have been a popular...

Converting Your Home to a Rental Property

September 7, 2022 Real estate has long been considered one of the greatest long-term investments. Further, with the trend of...

3 things to remember about economic nexus

This June marked 4 years since the landmark Supreme Court decision that launched economic nexus, South Dakota v. Wayfair, Inc...

Biden Announces Student Loan Forgiveness Plan

September 1, 2022 President Biden has announced his three-part student loan forgiveness plan that aims to provide relief to student...

Tax Implications of Owning Rental Property

Whether you intended to be a landlord or you fell into it because you had vacant property you couldn’t or...

Inflation Reduction Act Part IV: More Audits, More Tax Collection

August 30, 2022 We know that an increased budget for enforcement will lead to more audits. More audits mean more...

Optima Newsletter – August: What is the Inflation Reduction Act?

August 29, 2022 What is the Inflation Reduction Act? From a pandemic to inflation, American taxpayers haven’t been able to...