Small Business January 16, 2025
A new report from Goldman Sachs 10,000 Small Businesses Voices and the Bipartisan Policy Center offers an actionable playbook to help grow the U.S. economy by tackling the most pressing challenges faced by our nation’s small businesses.
January 16, 2025
January 16, 2025
October 18, 2021
Ecommerce was already driving changes for businesses before the Wayfair ruling, with many having customers across the U.S., but with little or no requirements to comply with other states’ sales tax obligations. The pandemic greatly increased the role ...
October 13, 2021
The overall result of these changes was that Mexico, which began taxing digital services in mid-2020, increased its tax revenues by $304 million - a 915% jump compared to 2019. Meanwhile, from June 2020 to June 2021, Chile has secured more than 194 ...
September 28, 2021
With remote work exploding in 2020, businesses have been faced with new challenges and opportunities. Of course, Zoom is now a household term, in much the same way Google became one 20 years ago. Beneath the surface, however, remote work affects ...
September 27, 2021
So will the 2022 tax filing season be normal? Not likely. In addition to lasting health concerns, a number of new tax law provisions will create complications for some filers, as well as potential pitfalls to avoid. And maybe new tax laws by year's end.
September 23, 2021
The West Virginia State Tax Department recently clarified that although digital products are exempt from sales and use tax in West Virginia, streaming services are subject to West Virginia sales and use tax. This is at odds with West Virginia’s earlier guidance. Previously, the Tax Department suggested it didn’t tax streaming services. It’s possible to...…
September 23, 2021
The Federal Universal Service Fund promotes unrestricted access to broadband, lifeline communication, and many other public services. It was established originally to ensure everyone in the United States had access to communication services, such as ...
September 16, 2021
Estate planning is often in the back of many people’s minds yet tends to be avoided due to the unsettling thoughts and fears regarding death. Nevertheless, estate planning is a necessity for anyone with children, a business, personal assets, or ...
September 16, 2021
Taxpayers can file now and schedule their federal tax payments up to the Oct. 15 due date. They can pay online, by phone or with their mobile device and the IRS2Go app. When paying federal taxes electronically taxpayers should ...
September 15, 2021
Nevada used to be on the short list of states where breweries, distilleries, and retailers could ship alcohol direct to consumers (DTC). With Nevada’s change of heart, the list of states where breweries, distilleries, and retailers can make ...
September 14, 2021
Regulators and tax authorities have always kept the tobacco industry tidal with ever-changing regulations, taxation, and licensing. With new products like vapor wafting into the market, ecommerce sales surging, and the ...
September 13, 2021
Tax laws continue to evolve and add new complexities to business operations. As a result, stakeholders expect their CPAs or internal tax professionals to be prepared for anything. However, as most accountants know, it is impossible to specialize in ...
September 8, 2021
Sales tax management can be particularly confusing for businesses that sell merchandise in more than one tax jurisdiction, as is the case with most online sellers, who frequently sell in all fifty states, as well as in many global destinations.