by Candy | Mar 14, 2014 | Business, Sales Tax
In continuation of the “dirty dozen” tax schemes for 2014, keep a close eye on your tax preparer, and be honest with your reporting to avoid heavy repercussions! To read the first scams discussed, see “Dirty Dozen” Tax Scams for 2014, part 1. False Promises of “Free...
by Candy | Mar 12, 2014 | Business, Sales Tax
It’s tax time. Unfortunately, this means it’s also tax scam time as well—since crimes related to tax tend to peak right about now. “Taxpayers should be on the lookout for tax scams using the IRS name,” said IRS Commissioner John Koskinen. “These schemes jump...
by Candy | Mar 10, 2014 | Bookkeeping, Business, Sales Tax
Tax obligations are often a dreaded aspect of starting up a business, but sorting out your tax obligations doesn’t have to feel like pulling teeth! Here are a few tips to avoid common startup tax mistakes so you can make your business—and life—easier in the long run....
by Candy | Feb 24, 2014 | Bookkeeping, Business, Sales Tax
Use tax and sales tax both are used to fund state and local services paid for by the states. And dodging either of them, intentionally or unintentionally, constitutes non-compliance and puts you and your business at risk for audits. Most of us have a firm handle on...
by Candy | Feb 14, 2014 | Sales Tax
The past twenty or so years, the addition of the internet and online market has caused a great deal of confusion (and disagreements) when it comes to sales tax. Of course, online retailers do not wish for the added burden of state tax on purchases, but this is unfair...
by Candy | Jan 10, 2014 | Sales Tax
Great news for entrepreneurs in CA who had to register with the Board of Equalization in order to collect and remit sales taxes. A security deposit will no longer be required when applying for a permit. The State Board of Equalization has previously required...
