Small Business

sales tax 1  55f831d675655

January 23, 2019 

5 Ways to Fail a Sales Tax Audit

All businesses relish a good sales tax audit. After all, what’s not to like? And did you know it’s possible to spend more time, money, and resources than absolutely necessary during an audit? It’s true. Simply follow the five tips below and you’ll ...

Gail Cole

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January 22, 2019 

Government Shutdown Affected Contractors Relying on SBA Programs

Among the numerous federal departments and agencies that have been affected by the shutdown, the Small Business Administration has been closed since December 22. This has strong negative effects for companies using its 7A Guaranteed Lending Program ...

Medical-Marijuana-Tax-282515261

January 21, 2019 

Fishbowl Adds Marijuana Tracking and Inventory Management

Fishbowl now meets the tracking and inventory management needs of people and companies authorized to provide legal cannabis services and products among the increasing number of states who have legalized marijuana for medical or recreational use.

 Retail Imports Level Off After Rush to Beat Tariffs

January 14, 2019 

Retail Imports Level Off After Rush to Beat Tariffs

Imports at the nation’s major retail container ports have slowed down after a months-long rush to beat increased tariffs on goods from China, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “With the holiday season behind us, the immediate pressure to stock up on merchandise...…

sales tax 1  55f831d675655

January 14, 2019 

Sales Tax Registration 101

Once you’ve determined you have an obligation to collect sales tax in a state, registering for a sales tax permit typically entails the following steps:

small-business1

January 12, 2019 

Small Businesses Feeling Effects of Government Shutdown

The Small Business Administration stopped processing new small business loans due to the government shutdown. Thousands of small business owners across the country are unable to receive critical funding to start and grow their businesses because ...

 How Occupancy Taxes Work

January 10, 2019 

How Occupancy Taxes Work

Transient occupancy taxes are levied on facilities that provide accommodations for customers. The obvious model is a hotel or motel. But that might be the only thing that’s obvious about these taxes. Like sales taxes, transient occupancy taxes ...

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January 10, 2019 

New Year Brings New Remote Seller Sales Tax Collection Obligations in 7 States

More than five states will require out-of-state sellers to collect and remit sales tax starting January 1, 2019: Georgia, Iowa, Nebraska, Utah, West Virginia, and Washington, D.C. That same date, new sales tax collection requirements for marketplace facilitators will take effect in Alabama. States were once prohibited from taxing sales by businesses with no physical...…

 Most Businesses Don’t Have Adequate Day-to-Day IT Support

January 10, 2019 

Most Businesses Don’t Have Adequate Day-to-Day IT Support

EVAN combats these issues with a non-traditional approach. Dubbed “The Uber for IT support,” EVAN provides modern solutions for businesses’ most pressing IT needs. EVAN diagnoses problems in less than five minutes and resolves them in an average of 33 ...

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December 26, 2018 

6 Reasons Small Business Owners Should Hire a Tax Pro

For individuals with more complex incomes, such as revenue from businesses, income from interest and dividends, capital gains on a home sale or foreign assets, seeking the expertise of a professional can save time, money and potential legal complications.

 Monthly Imports Reach 2 Million Containers Ahead of Tariffs

December 17, 2018 

Monthly Imports Reach 2 Million Containers Ahead of Tariffs

Imports at the nation’s major retail container ports have set another new record, reaching 2 million containers in a single month for the first time as retailers continued to bring merchandise into the country ahead of a now-postponed increase in ...

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December 17, 2018 

Millennials Better at Avoiding Holiday Debt

This holiday season, millennials (ages 20-37) are most likely to create a spending plan, stick to it (76 percent) and pay off balances in full before the New Year (49 percent) – according to TD Bank's Merry Money Holiday Spending Survey.