Taxes

Calculation vs. Compliance: A Deep Dive into Two Important Pieces of Your Sales Tax Process

For most businesses, sales tax is not a top priority. It probably doesn’t even make the top 5 list! But...

Taxpayers are given guidance on Premium Assistance and Tax Credit for Continuation Health Coverage

July 22, 2021 The Internal Revenue Service issued out guidance on tax breaks under the American Rescue Plan Act of...

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

July 21, 2021 Child Tax Credits are expected to be distributed out to qualifying taxpayers throughout July by the IRS....

Home Rule: Can Local Jurisdictions Create Sales Tax Obligations?

There’s no way to sugarcoat it: Sales tax obligations are already difficult at the state level, but when you bring...

What is an Offer in Compromise?

July 20, 2021 An offer in compromise allows taxpayers to settle their tax debt for less than the full amount...

File Now for Accurate Child Tax Credit Payments

The IRS issued the first round of monthly payments to taxpayers for the Child Tax Credit last week on July...

IRS Payment Plans: The Basics

When you file your taxes, you may discover that you owe money to the government. If it’s a large sum...

Monthly Sales and Use Tax Update

There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent...

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...