Tax and Accounting
Understanding Nexus Sales Tax Compliance
How do you know when you should collect sales tax? Do I have to collect sales taxes in states where I don’t have a physical presence? What is nexus, physical nexus, and economic nexus? In…
Best Tools to Calculate Paychecks in Texas
If you’re a business owner in Texas, one of your greatest priorities should be paying your workers their fair salaries. After all, in a 2023 ranking of the best and worst job markets, Texas was…
“Data Processing Services” And Sales And Use Tax
The characterization and taxability of “data processing” is a complex and hotly contested area. The definition of “data processing” was implemented in 1987, and has not been substantially updated. As all readers are aware, in…
Does Your Business Need a Tax Attorney?
In today’s complex business environment, tax regulations can be a scary prospect for any enterprise. It doesn’t matter whether you’re a startup or a well-established organization. With the complexity of tax codes it’s no wonder…
What Exactly is an Audit and How Does it Work?
An audit is an examination of a business’s financial reports by an independent auditor or organization. The main purpose of an audit is to ensure the information included in the financial reports is true and…
7 Important Tax Tips for Small Businesses
Starting a small business is no easy feat for owners, that’s why you have to be smart when it comes to finances if you want your company to grow. But when handling your employees or…
5 Simple Tips Employers and Insurance Providers Need for 2023 ACA Reporting
We are a few weeks into the new year, and employers and health insurance providers should begin their ACA (Affordable Care Act) reporting process if they haven’t already. This can be a lengthy and complex…
What Nonprofit Businesses Should Know About Form 990
Every year, nonprofits must file a 990 series return to stay compliant with the IRS. If you have never filed a 990 series return, you may have a few questions about the form. This article…
5 Clever Ways To Navigate Tax Season for Your Small Business
Tax season will soon be upon us, and for small businesses whose accounting resources are already stretched, it can be a stressful and busy time. The good news is there are some steps you can…
A Small Business Guide to Filing 1099 Series Forms in 2022
As a small business owner, there is an endless list of tasks at any given time. Running your own business often means wearing many different hats and playing many different roles. One of the most…