Taxes

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%...

Marketplace Facilitators Create Their Own Sales Tax Obligations

Amazon, eBay and Etsy are more than household names. In the world of sales tax, they’re major marketplace facilitators. A...

IRS Audit Red Flags to look out for

August 19, 2021 The IRS has the ability to audit an individual’s tax return to ensure that there is not...

The Pandemic’s Impact on Businesses and Sales Tax: An Update

This article was written for the Atlanta Business Chronicle Leadership Trust. To see the original post, click here. In the...

The Enigma of Drop Shipments for Sales Tax Purposes

Sales tax is full of complexities, but there are certain topics that seem to cause more of a headache than...