Taxes

How to Track and Deduct Business Use of a Personal Vehicle 

Key Takeaways:  Only business-related mileage is deductible, such as trips to clients or temporary job sites. Daily commuting is not...

What’s new in sales tax in 2025?

There’s always something changing in the world of sales tax, and this year has been no exception. Here’s a look...

Tax Guide for Independent Contractors

Working as an independent contractor offers flexibility and autonomy, but it also means taking full responsibility for your taxes. Unlike...

Step-by-step guide to the VDA process

If your sales tax obligations have gotten ahead of you – and you owe back taxes – you have a...

What is Schedule R, Tax Credit for Elderly or Disabled?

Key Takeaways of Schedule R Purpose: Schedule R is used to claim the Credit for the Elderly or the Disabled,...

How sales tax calculation systems do – and don’t – work

Sales tax compliance software can seem like a valuable resource to remote sellers who struggle to calculate what they must...

Estate Tax Considerations for Widows

Key Takeaways: Federal estate tax rarely affects widows immediately thanks to the unlimited marital deduction.  The 2025 estate tax exemption...

Excise tax versus sales tax

Soon after you start dealing with sales tax, you’re going to also run into excise tax. What’s the difference? (more…)

Sales tax and streaming services

Remember when “movie night” meant a ticket, a $7 tub of popcorn coated yellow and a fold-down seat that a...

How Freelancers Can Avoid Surprising Tax Bills

The allure of freelancing lies in its flexibility and independence, allowing individuals to pursue their passions while managing their own...

Florida gets rid of sales tax on commercial rent

After a nearly decade-long effort, Florida is getting rid of its sales tax on commercial rent. (more…)

How the IRS Calculates Interest on Tax Debt 

Key Takeaways:  The IRS begins charging interest the day after your tax return is due, even if you file for...