Taxes

Tips for First Time Extension Filers

File a tax return extension for the first time this year? Here are a few things to consider before the...

Taxpayers may have to pay back some of the new $3,000 Child Tax Credit

July 1, 2021 The IRS is expected to begin distributing monthly payments for the enhanced child credit beginning in July....

Your Personal Responsibility in Sales and Use Tax Non-Compliance

Sales tax is a significant revenue source for many states. In fact, according to the Tax Policy Center, for many...

Here’s how the IRS will notify Taxpayers why their Stimulus Checks was less than expected

June 29, 2021 Individuals who have yet to file their tax return and have received the previous round of stimulus...

3 Benefits to a Voluntary Disclosure Agreement

A voluntary disclosure agreement (VDA) is a legal means for taxpayers to self-report back taxes owed for income, sales, property,...

Missouri Inches Toward Economic Nexus

A bill to enact economic nexus requirements – creating a sales and use tax obligation on remote sellers and marketplace...

IRS extends e-signature authorization for 6 months

June 24, 2021 On December 11, 2020, the IRS announced that they would be extending and accepting electronic or digital...

Taxpayers can opt out of Child Tax Credit monthly payments

June 23, 2021 The expanded child tax credit will be issued out to qualifying families in monthly installments starting in...

3 Years Post-Wayfair: A Look Back

June 21 marked three years since the landmark decision in the South Dakota v. Wayfair case. The years since June...

Legalization and Taxation of Cannabis

Legalization of cannabis and how it would be taxed has been a discussion for many years. But as states continue...

Child Tax Credit: Monthly Payments Begin July 15 for Eligible Families

Last Updated: June 23, 2021 With the introduction of the American Rescue Plan back in March, the Child Tax Credit...

Child Tax Credit: Monthly Payments Begin July 15 for Eligible Families

Last Updated: July 15, 2021 With the introduction of the American Rescue Plan back in March, the Child Tax Credit...