Reporting Cash Payments to the IRS

Reporting Cash Payments to the IRS

Have you received a large sum of cash this year in a recent business deal? According to Federal Law, all persons who are given over $10,000 cash in one or more related transactions, are required to report the sum to the IRS. Here’s everything you need to know to do...
5 Ways to Deal with a Late-Paying Client

5 Ways to Deal with a Late-Paying Client

For a small business, nothing is more vital than a reliable cash flow, which is why it’s so frustrating when payment is late after the job is complete. How do you deal with a client who’s invoices are overdue? How do you prevent future late payments from happening?...
The Tax Saving “Don’ts”

The Tax Saving “Don’ts”

From claiming deductions, to claiming tax credits, everybody knows there’s an abundance of ways you can save when it comes to your small business’ taxes – and if you don’t know them personally, you can always find an accountant who does. But what about the other...
5 Tax Tips for the Sharing Economy

5 Tax Tips for the Sharing Economy

From Airbnb, to Snapgoods, to bike rentals, in a modern, digitized world, the sharing economy is taking over the marketplace and giving us multiple choices for services. Nowadays, anything and everything you can think of is available through some online,...
State Guide for Digital Product Sales Tax

State Guide for Digital Product Sales Tax

From Wayfair v. South Dakota to the Tax Cuts and Jobs Act, it’s no secret that sales tax and the way we view it is changing. All across the nation, states are issuing letter rulings, asking questions, and amending laws to reflect an evolving marketplace where nearly...

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