Small Business

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December 3, 2021 

How to Back Out of Wayfair: Can a Business De-Register When Sales Drop?

Once a remote seller establishes economic nexus with a state, it must register with the state tax department and begin collecting, remitting, and filing sales tax as required by law. But what happens if that same seller’s sales eventually fall beneath the state’s economic nexus threshold? Can a business cancel its sales tax registration? If...…

Gail Cole

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November 30, 2021 

180 Million Americans Shopped During Thanksgiving Weekend

Black Friday remained the most popular day for in-store shopping, with 66.5 million shoppers, followed by 51 million shoppers on Small Business Saturday. The importance of supporting local businesses remained top of mind for many consumers, with 71%...

presents - pixabay user qimono-1893642_1280

November 24, 2021 

Retailers Expect Surge in Thanksgiving Weekend Sales: Up to 10% Growth

Nearly 2 million more people than last year are expected to shop from Thanksgiving Day through Cyber Monday this year even as consumers have continued the trend of starting their holiday shopping earlier in the year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. “We’re expecting...…

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November 23, 2021 

Checklist for End-of-Year Activities with Clients

As we march toward the end of another challenging year, the question remains if we are prepared for a glitch-free wrap of the business year. Along with tax and accounting, there are some tax, compliance, legal, information technology (IT), and ...

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November 16, 2021 

Why Are U.S. Small Businesses Slowest to Adopt Better Technology?

Simple changes in habits and process could prove more effective than costly educational campaigns in helping small businesses take advantage of digital technology’s benefits, according to behavioral science research conducted by Xero, the global small ...

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November 9, 2021 

Cities Look to Tax Online Streaming Services

Transitioning from cable to streaming services can increase choice and reduce costs for consumers, but the more people cut the cord, the less tax revenue local governments receive. That’s the crux of ongoing David-versus-Goliath-style battles in Texas ...

Gail Cole

QuickBooks-Connect[1]

November 5, 2021 

Productivity Innovations Announced at QuickBooks Connect 2021

This year’s QuickBooks Connect, Nov. 3-4, featured presentations for accountants and their small business clients, with keynotes by celebrity chef Carla Hall, actress and philanthropist Kristen Bell, and author and purpose coach Jay Shetty.

App for Windows Dashboard

November 4, 2021 

New Innovations Unveiled at QuickBooks Connect 2021

These accountant-specific innovations include a new Revenue Share Program, Books Review and Transaction Collaboration, the launch of a new QuickBooks Online Windows app, Payroll Certification, ProAdvisor Support and more.