by Candy | Nov 25, 2014 | Sales Tax
I received information from the State Board of Equalization with information stating that new district boundaries take effect in January. Six counties have been affected by this change. See below for details. The BOE is comprised of four districts each with a...
by Candy | Oct 21, 2014 | Sales Tax
Do you sell taxable products or services? If so, you have tax rates set up in your bookkeeping software, and one (or more) may need to be updated at some point. As you may be aware, tax calculations can often be complicated. You need to know the specific tax rate...
by Candy | Aug 29, 2014 | Bookkeeping, Sales Tax
Chances are you aren’t thinking of your income taxes in August. However, in certain circumstances, you may need to make an adjustment to your tax status mid-year. Most of us want to limit any unexpected surprises at tax time next year. Other times, you might be...
by Candy | Jun 10, 2014 | Sales Tax
Business owners often make mistakes when it comes to sales tax calculations and filings which can result in penalties and interest. Today I’m going to discuss some of the typical errors so you hopefully don’t make any of them in your business. The first...
by Candy | May 20, 2014 | Bookkeeping, Business, Sales Tax
If you file your taxes and reports diligently and on time, you probably don’t expect to hear back from the IRS. But what if you do receive a notice? Rule one: don’t panic! Follow these tips on understanding and handling the unexpected notice. Is this...
by Candy | Apr 25, 2014 | Business, Sales Tax
Tax deductions are helpful—but one very common mistake small businesses make is to over deduct gifts on their taxes. Here’s how to deduct gifts correctly. Most of us give family and friends gifts for Christmas, birthdays, or just to say thank you. Although personal...
