Supreme Court Decision in Wayfair Affects Online Sellers
If your company makes sales to out-of-state buyers, do you need to collect state sales tax? Until recently, Supreme Court decisions from the 20th century declared that would not necessarily
If your company makes sales to out-of-state buyers, do you need to collect state sales tax? Until recently, Supreme Court decisions from the 20th century declared that would not necessarily
If you are age 70½ or older, you can make direct contributions (up to $100,000 annually) from your individual retirement account (IRA) to qualified charitable organizations without owing any income
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2018. Keep in mind this list is not all-inclusive, so there may
Most business owners want to grow their companies, and one sure sign of growth is when ownership believes the company can expand its operations to a second location. If your
If you are charitably inclined and you collect art, appreciated artwork can make one of the best charitable gifts from a tax perspective. In general, donating appreciated property is doubly
When teachers are setting up their classrooms for the new school year, it is common for them to pay for a portion of their classroom supplies out of pocket. A
Individuals: If you are not paying your 2018 income tax through withholding (or will not pay in enough tax during the year that way), pay the third installment of your
Taxpayers who itemize deductions on Schedule A of their tax return have been able to deduct outlays for state and local income tax as well as property tax with no
The Tax Cuts and Jobs Act (TCJA) contains a provision that ties revenue recognition for book purposes to income reporting for tax purposes, for tax years starting in 2018. This
To avoid interest and penalties, you must make sufficient federal income tax payments long before your April filing deadline through withholding, estimated tax payments, or a combination of the two.