Accounting Blog Post

Family Finances: Kids and Taxes I think we can all agree that learning about parallelograms and chlorophyll instead of how to file our tax returns was a mistake.    Perhaps one day, personal income tax will find its way into the curriculum, but until then it’s probably up to parents [...]

What the IRS Doesn't Want You to Know Everyone’s favorite subject… the IRS!   Maybe a slight exaggeration, but everyone has to deal with them one way or another. The only interaction you might have with them is giving them your money when required. Sometimes more money than is required [...]

Sales Tax Compliance: 3 Issues You Might Be Overlooking There’s more to sales tax compliance than filing returns and conducting a one-time nexus review. In this post, we break down common compliance issues that many online businesses tend to overlook. How Your Nexus Changes Over Time A key part of [...]

State Sales Tax Automation: 3 Areas You Still Need People State sales tax automation can do a lot to simplify your sales tax compliance process, but every sales tax function can’t be handled by technology. Here are three areas where you still need to involve people. State sales tax automation has changed the [...]

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Understanding Online Sales Tax: What Are Sales Tax Voluntary Disclosure Agreements? Believe it or not, states do recognize that it’s a huge undertaking for businesses to keep up with state sales tax. And they want to incentivize businesses to get compliant and remit sales tax – even if that business [...]

What’s the Deal with Sales Tax on Ecommerce & SaaS? State laws generally lag behind the latest technology by at least a decade. But now states are starting to wise up to the ways of selling online, and if they haven’t already, developing laws to capture that sales tax on [...]

What States Don't Tax Retirement Income and How Do I Create More Tax Free Income There are seven states with no income tax, meaning these seven states don’t tax retirement income Alaska Florida Nevada South Dakota Texas Washington Wyoming Why is this important? Because, depending on the type of account(s) [...]