Taxes
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...
How to Manage Finances as a Single Individual
October 13, 2022 As the cost of living continues to rise, it is becoming increasingly difficult for single individuals to...
In telecom case, fault is with the company – not the third-party provider
A proposed penalty from the Federal Communication Commission shows the danger of a hire-and-forget attitude toward a third-party for tax...