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5 Benefits of Sales and Use Tax Overpayment Reviews | TaxConnex

TaxConnex

Blog authored by Scott Schwertner, National Director of Sales and Use Tax for Invoke Tax Partners. Implementing Best Practices and Training of Staff – A post-review training of staff engaged in the sales and use tax process and implementing industry standard best practices can have a significant impact on preventing errors going forward.

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HOW TO BREAKOUT SHOPIFY FEES FOR ACCURATE FINANCIALS

Basis 365

One of the most significant expenses for any Shopify store is the fees charged by the platform. However, many Shopify store owners need to fully understand these fees and how they can affect their financial statements. This fee is based on your chosen plan and can range from $9 to $299 monthly. to 2% per transaction.

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How the “Wild West” of Tax Preparation Led to Massive ERC Issues

ThomsonReuters

“Congress has not enacted a law saying that you have to have certain requirements to prepare claims for refund [and] there’s no prohibition against contingency fees.” . “Tax preparation is kind of the Wild West,” Creech began. billion of potentially fraudulent ERC claims for tax years 2020 through 2023.

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Accepting Payments on Etsy with PayPal and its Alternatives

Snyder

This blog will teach you how to receive payments on Etsy , both including and apart from PayPal. This blog is a part of a series dedicated to the most popular e-commerce marketplaces’ payment solutions. What is Integrated PayPal? What is Standalone PayPal? What are Etsy Payments and how do they work? Listing fees.

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QuickBooks Payments Accounts Being Automatically Created With All New QB Online Subscriptions

SchoolofBookkeeping

Well actually, you probably haven't noticed it because the process is part of the setup interview that most people may not even realize what's happening. In this blog article, we'll explore what this change means for you and your clients, and how it might impact your accounting practice. harm no foul.

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Sales Tax Compliance: Automated Returns or Service Provider?

TaxConnex

The reality is your sales tax returns can create hefty penalties and fees for your business if not done correctly. Just one piece to the process. Companies that lack internal sales tax expertise often look to shift the sales tax compliance process to an outside provider. Again, this is not a static process.

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Three payment trends accountants need to know

Xero

This guest blog was written by the team at the leading bank payment solution, GoCardless. As you’re at the centre of your customers’ financial processes, you’re in the perfect position to make strategic recommendations and add greater value to their businesses. What we love most is the reconciliations.

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