Taxes
How to Set Up an IRS Payment Plan Through TaxAct
Nobody likes unpleasant surprises when it comes to taxes. And if you unexpectedly find yourself owing the IRS hundreds or...
Make It Official: How and When to Convert Your Sole Proprietorship to an LLC
Let’s set the stage: You’ve been self-employed for a while, and you’re a pro at doing your small business taxes...
Should I itemize or take the standard deduction?
Should I Itemize or Take the Standard Deduction? To itemize or not to itemize? This is a question many taxpayers...
Subscription Billing and Your Sales Tax Obligation
Subscription-based selling is appealing to businesses for its reliability of loyal customers and steady revenue. From gift boxes to magazines...
TaxBit and TaxAct: Crypto Tax Filing Made Easy
As cryptocurrency investments become more mainstream, many taxpayers wonder how they can quickly and accurately report digital currency transactions on...
Impacts of using a marketplace facilitator
Online sellers hear an endless amount these days about “marketplace facilitators.” What are they? How can they help you? And...
What to Expect When You’re Expecting a Refund
You’ve successfully e-filed your taxes. Congratulations! Now, where’s your refund? Here’s what happens to your return once it’s submitted to...
Can the IRS Garnish Your Social Security?
March 22, 2022 Many taxpayers rely on Social Security to get by after retiring. Unfortunately, taxpayers with outstanding tax liabilities...
Vendor concessions/discounts can help pay to outsource sales tax obligations
Collecting and remitting sales tax to states and other tax jurisdictions is time consuming and can be expensive. If only...
Reporting Cryptocurrency to the IRS
March 18, 2022 The topic of crypto gains more mainstream attention as the IRS takes interest in digital assets. In...
Seeing green: States learn the importance of sales tax
Economic nexus is now pretty much the law of the land for all states with a statewide sales tax. But...
6 Common Tax Return Mistakes That Could Cost You
Nobody wants to drag out the tax filing process — just make sure you aren’t sacrificing accuracy for speedy filing....
