by Katie Baker | May 25, 2021 | Business, COVID-19, Sales Tax, Taxes
According to Accounting Today, sales tax has increased to levels that haven’t been seen in over ten years. This means that during the pandemic, many companies had to collect even more tax revenue from online shopping. Vertex, a tax tech company, said there...
by Katie Baker | Feb 25, 2021 | Business, Community, COVID-19, Sales Tax, Taxes
Are you an entrepreneur or thinking of becoming one? Even with the pandemic, entrepreneurs feel a sense of optimism aAccording to the American Express Entrepreneurial Spirit Trendex. What this means is although we’re facing challenges and many have had to pivot...
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...
