Remove blog- preparing-your-business-for-sales-tax-holidays
article thumbnail

How to Prepare Your Small Business for the New Year

xendoo

Business Resolutions Start Now. The end of the year is a bustling time for small business owners. Between skyrocketing holiday sales, extended hours, and juggling multiple duties, it can be difficult to find a moment to stop and think about preparing for 2022. . Xendoo can give you your time back.

article thumbnail

A Guide to Navigating Taxes in the Gig Economy

Ronika Khanna CPA,CA

that generates revenues either via sales, ads or affiliate marketing. Gig workers tend to be independent contractors who usually decide when they are going to work, often bring their own “tools” (such as a car or a computer) and are required to report their earnings to tax authorities. What is the Gig Economy?

Tax 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Illinois Small Businesses: Upcoming Aug 5-14 Sales Tax “Holiday” Is Anything But One

Nancy McClelland, LLC

On June 27th I woke to find dozens of notifications from MyTax Illinois in my email inbox — one for each and every client of ours who files sales taxes. But, if you dig through the bulletins you’ll find two in particular that could be important to a small business owner.

article thumbnail

2024 State-by-State List of Sales Tax Holidays

CPA Practice

Sales tax holidays are all the rage right now. There were about 45 sales tax holidays in 24 states in 2023 and could be even more than that in 2024. If you’re in retail, hang on to your hats and read our sales tax holiday FAQ to learn: What is a sales tax holiday?

Sales 78
article thumbnail

Don’t wait—start preparing for your next sales tax audit now

ThomsonReuters

Jump to: Why is it important to be proactive toward sales tax audits? How can my company prepare for a potential sales tax audit? How can tax technology help when defending an audit? When and how should tax systems be upgraded? Why is it important to be proactive toward sales tax audits?

audit 52
article thumbnail

How are C corporations taxed? Tips on how to avoid double taxation and reduce taxes

ThomsonReuters

Jump to: How are C corporations taxed? When are C corp taxes due? How do C corps file taxes? How can C corporations reduce their taxes? But what does that mean for your taxes? But what does that mean for your taxes? How are C corporations taxed?