Taxes

IRS issues guidance on Taxability of Dependent Care Assistance Programs

September 24, 2021 The IRS has issued guidance on the taxability of dependent care tax assistance programs for 2021 and...

Sales Tax for Subscription Boxes

Over the past few years, subscription boxes have increasingly grown in popularity. This method of selling products delivers packages right...

Guide to Stop Living Paycheck to Paycheck

Living paycheck to paycheck is stressful. You may struggle to pay the bills, be in debt, and not have any...

Why So Many Filing Frequencies?

When attempting to manage your sales tax obligations across many different states, one of the first things to hit you...

Tips on how to manage your Small Business

September 16, 2021 When it comes to filing a business-related tax, small business owners know that it can be extremely...

Prices, Shipping, Growth: New Trends in E-Commerce

How much are consumers spending online, and what do merchants pay for shipping in relation to the overall revenue from...

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...

IRS Audits: Tips for Staying on the IRS’s Good Side

September 8, 2021 The IRS has the authority to audit any tax return. Optima CEO David King and Lead Tax...

New Tax Plan could raise Taxes by $213,000 next year on wealthy Americans

September 2, 2021 As a result of President Joe Biden’s tax plan, the top 1% could see their taxes increased...

Tips to Ensure You Don’t Mishandle a Sales Tax Audit

Managing a sales and use tax audit can be challenging. And many businesses mishandle the process, making it all that...

All You Need to Know About VDAs

A Voluntary Disclosure Agreement (VDA) can be a great tool to address past sales tax obligations, but it’s important to...

The Growth of E-Commerce and Your Sales Tax Obligation

Is it just your imagination or is e-commerce expanding every year? It’s not your imagination. Let’s see some numbers: 5%...