by Hannah | Feb 28, 2022 | Financial Management, Taxes
It’s tax season! What three things does your tax professional (Certified Public Accountant or Enrolled Agent) need to prepare your business income tax returns? Financial statements: Your tax professional will need to study your accounting records. While you...
by Hannah | Jan 26, 2022 | Financial Management, Metrics, Small Business, Taxes
For most business owners, January rolls around and thoughts turn away from the holidays and land flatly on tax deadlines and IRS requirements. One of the first deadlines we have in any new year is the final estimated tax deadline for the tax year. This article covers...
by Hannah | Aug 6, 2019 | Small Business, Taxes, Technology
If there’s one thing that’s clear to e-commerce business owners it’s this: sales tax is complicated. Really complicated. As a result of 2018’s South Dakota v. Wayfair Supreme Court ruling, e-commerce businesses face the substantial burden of having to collect tax in...
by Hannah | Jun 20, 2019 | Small Business, Taxes
In my previous post I introduced the concept of “nexus” and touched on the U.S. Supreme Court case South Dakota v. Wayfair – a ruling which is now triggering new tax collection requirements for many businesses. The big question is: how will it impact yours?...
by Hannah | Jun 6, 2019 | Financial Management, Small Business, Taxes
When most people hear the word “Wayfair” they think of the catchy jingle and the online store. Business owners think of something quite different. Or at least they should. Last year, a hallmark case reached the U.S. Supreme Court. South Dakota v. Wayfair decided by a...
by Hannah | Mar 12, 2019 | Financial Management, Small Business, Taxes
April 15th When you saw that date was your first thought one of worry (or even panic)? Did you get a little knot in your stomach? If so, you’re not alone. That’s how most people react to the thought of “tax day.” The truth is, filing your taxes shouldn’t be...
