Small Business
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IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
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Key State Tax Changes for 2024
As of Jan. 1, several state tax reforms have gone into effect that can impact your finances. Here's a recap of some significant changes.
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2024 State-by-State List of Sales Tax Holidays
A sales tax holiday is a time when consumers don’t pay sales tax on eligible purchases of certain normally taxable goods. A vacation from sales tax, if you will.
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IRS Launches Anti-Fraud Program to Help Businesses that Filed ‘Questionable’ ERC Claims
Businesses interested in taking advantage of the voluntary disclosure program have until March 22, 2024, to apply.
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Home Prices Rise for 9th Straight Month
Home prices in the U.S. rose for a ninth straight month, reaching a fresh record as buyers battled for a stubbornly tight supply of listings.
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Wrong Size? Retailers on Track to See $743 Billion in Merchandise Returns for 2023
According to the report, for every $1 billion in sales, the average retailer incurs $145 million in merchandise returns. Online sales do see a higher return rate, with 17.6% or $247 billion of merchandise purchased online returned.
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IRS Waiving $1 Billion in Back Tax Penalties for More Than 4.7 Million Taxpayers
Just in time for the holidays, the IRS announced a move to help individuals, businesses, and tax-exempt groups that owe back taxes.
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How to Recognize and Prevent Five Common Forms of Occupational Fraud
How can companies protect themselves from occupational fraud? Awareness is key. Here are five of the most common frauds, as well as steps you can take to identify and prevent them.
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Increasing Scrutiny on States’ Sales Tax Compliance
While South Dakota v. Wayfair changed the foundation of sales tax more than five years ago, the ripple effects are still as strong.