Tax and Accounting
What’s the Difference Between Cash Accounting and Accrual Accounting?
When businesses are formed and start filing taxes, they must pick a specific accounting method. Businesses generally choose between the cash accounting method (also called cash basis accounting) and the accrual accounting method (also called accrual basis…
What You Need to Know: States’ Online Sales Tax and Marketplace Facilitators
Across the country, states continue to update their sales tax laws in an effort to clarify provisions and increase state income. Of course, because company sales extend beyond state borders, it’s extremely important for your…
Tax Deductions for Small Business Owners
If you own a small business, you know that every dollar can be important to the success of your business. One way to improve your odds for success is to make sure that you are…
Right-Brain Finances: Tax Deductions for Creative Types
People who use the right side of their brains to work, day in and day out, are often referred to as creative types. These people include graphics designers, professional writers, commercial artists, movie makers, online…
Tax Reform’s Impact on Uber and Lyft Drivers
If you’re an Uber or Lyft driver, you may know that your taxes are changing in some pretty dramatic ways. The Tax Cuts and Jobs Act of 2017 ushered in a number of tax savings,…
Cash Versus Accrual Under the Tax Cuts and Jobs Act
The Tax Cuts and Jobs Act of 2017 has led to changes in the way companies choose to be taxed. Prior to the tax reform, many businesses were required to use the accrual method of…
Thinking About an Acquisition? What Are Your State Exposures?
Thinking About an Acquisition? What Are Your State Exposures? A Company may be in the process of either acquiring another company or are looking to be acquired themselves. In either case, the company wants to…
Thinking About an Acquisition? What Are Your State Exposures?
Thinking About an Acquisition? What Are Your State Exposures? A Company may be in the process of either acquiring another company or are looking to be acquired themselves. In either case, the company wants to…
4 Reasons Bookkeeping is Important for Business Startups
Entrepreneurs starting a new business usually know they need to keep good books. But many are overwhelmed by the sheer volume of other work they need to do to get their business off the ground. As…
Online Sales Tax and SaaS Companies: What You Need to Know
Although the Wayfair online sales tax ruling doesn’t relate specifically to SaaS, states are enacting laws that make it easier to create nexus, which means all companies—including SaaS—need to be more diligent in determining whether they’re subject to taxes in…
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