Taxes

When do I have to start collecting out of state sales tax? Part 2

Understanding economic and physical nexus and the taxability of your products and services goes a long way to ensuring your...

When do I have to start collecting out of state sales tax? Part 1

Online retailers face a lot of challenges today. Sales tax obligations are among them. It’s been four years since these...

Online selling the subject of recent judgments

Several recent court cases show how tricky the legal system can be for online sellers managing sales tax obligations. Lack...

New Consequences of Payroll Tax Debt

July 13, 2022 The responsibility of payroll taxes falls on the shoulders of employers, although they come from employee paychecks....

The Complete Definition of Capital Gains Tax

You’ve heard the term capital gains tax. But what is that exactly? Is that something you pay? If so, when?...

What’s new in 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...

New IRS Voice Bot Options Shortens Wait Time

July 8, 2022 Many taxpayers are hesitant about calling the IRS for several reasons, including the long wait time to...

How the Economy and Inflation Affect Your Taxes

July 7, 2022 With the rise of gas prices and the decline of the housing market, it’s no secret that...

Blog: Sales tax post-Wayfair: Costly for remote sellers, a cash cow for states

If it feels to you like the whole economic nexus and sales tax landscape is one-sided, the U.S. Government Accountability...

Blog: 6 things to know about sales tax in Canada

Can U.S. companies sell profitably to the north? Sure, if statistics are any indication Canada is the 10th-largest eCommerce market...

Gross Sales Vs. Taxable Sales | Economic Sales Tax Nexus

Determining your sales tax obligations hinges on if your products or services are taxable and whether you have sales tax...

Trading Stocks and What it Means for Your Taxes

June 29, 2022 While stocks may seem like an effortless path toward financial stability, they do affect your taxes. Understanding...