by Katie Baker | Oct 13, 2020 | Business, Community, News, Sales Tax, Taxes
With the possibility of a second wave of stimulus checks dwindling, President Donald Trump is looking to other methods to help the economy, including indexing capital gains taxes. Capital gains refers to the profit made in buying real estate or stocks at a lower...
by Katie Baker | Sep 24, 2020 | Bookkeeping, Business, Payroll, Sales Tax, Taxes
What Deferral Means Are you an employee wondering if you should ask your employer about having your payroll taxes deferred through the end of the year, or are you an employer wondering if you should offer this to your employees? Listen in to hear more about this! If...
by Katie Baker | Sep 22, 2020 | Bookkeeping, Business, Sales Tax, Taxes
Many states are taking advantage of the rise in telecommuting due to the pandemic to trigger the establishment of a tax nexus. Unfortunately, this may create additional administrative and tax burdens for small business owners who have employees telecommuting from...
by Candy | Mar 19, 2020 | Sales Tax
As we have detailed in our previous posts, the laws surrounding sales tax for businesses that operate entirely or partially online have become increasingly complex in recent years. Due to the precedent set by the 2018 Supreme Court ruling Wayfair, companies have been...
by Candy | Jan 10, 2020 | News, Sales Tax
If you are an online merchant, you are likely aware of the Wayfair case, a 2018 ruling wherein the Supreme Court voted that states may charge sales tax for online purchases even if the seller has no physical presence in the state in question. However, since the ruling...
by Candy | Oct 29, 2019 | Sales Tax
Unless you live in one of the five states that do not impose sales tax, the concept of paying a percentage of the purchase price of an item as tax is not a foreign concept. Sales tax is easily collected by sellers and paid by buyer since its rules are so...
