TaxConnex

JULY 20, 2023

Maintaining current, valid exemption certificates is critical in managing your overall sales tax risk. Under audit, an otherwise exempt sale will be deemed taxable without such documentation from a customer – and just a few missing certificates can result in large penalties and interest. Is the certificate expired?

audit 130

audit Tax Sales auditor 130

ThomsonReuters

APRIL 18, 2024

The hybrid worker by the numbers A hybrid working arrangement permits employees to work remotely for part of the work schedule. Challenges presented by the hybrid worker for human resources and payroll With over 30 years of experience in state and local tax laws, Lynn A. This may pose significant issues.

payroll tax 52

payroll tax Tax payroll Connecticut 52

Ronika Khanna CPA,CA

NOVEMBER 17, 2023

Airbnb Task based platforms e.g. taskrabbit or pet sitting services E-commere selling e.g. ebay, Amazon and affiliate programs Writing/Blogging which generates revenue either by selling articles to publications or via ads on their website Virtual assistants, online surveys, tutoring etc.

Tax 52

Tax E-commerce audit income tax 52

ThomsonReuters

SEPTEMBER 8, 2023

Choosing the right business structure for entrepreneurs Business owners can structure their companies in several different ways , depending on the size of the business, its growth potential, how the business is managed, how the owners want to be taxed, and many other variables. Which is better, a C corp or S corp or LLC?

income tax 75

income tax Tax Legal tax return 75

Withum

SEPTEMBER 14, 2022

While we’re waiting on the IRS to ramp up, now is a good time to take the opportunity to reassess your tax “strategies” and compliance. The IRS is aware of the “creative” schemes some taxpayers employ to lower their tax bills. 10 Troublesome Tax Schemes. As the saying goes, the best offense is a great defense.

Tax 106

Tax tax return audit Entertainment 106

Nancy McClelland, LLC

JULY 22, 2022

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. It’s hard enough to change sales tax amounts on a department-by-department basis… but item-by-item?

Illinois 52

Illinois Sales Tax tax return 52

Xero

OCTOBER 4, 2022

We help small businesses understand data from the past, which is accounting, and we look at this data to get a present picture of how a business is doing. I made it my goal to interact with our customers and get to know them and their families on a personal level and understand why they were shopping with us. .

accounting and finance 94

accounting and finance Start-ups bookkeeping tax preparation 94