Learn more about the most common taxes encountered by businesses including income, franchise, gross receipts, sales and use taxes. Knowing when your business has established nexus is important and can help keep you in compliance and minimize your tax burden.
The pandemic caused many businesses to jump into remote working arrangements, ready or not. As these arrangements continue and potentially become permanent, there are several factors to consider to keep your business safe and productive.
Reduced revenues and potential future losses from COVID-19 are a big concern for many state and local governments, making budgeting and cash flow forecasting critical. Here are some tips moving forward.
As coronavirus continues to spread, many individuals and businesses are seeking administrative and financial relief from state and local taxing authorities. State legislatures, governors, and tax agencies are scrambling to provide guidance related to the …
PPP loan bill opposition crumbles. No PPP for bankrupt farmers. Deduction 2020 COVID losses on 2019 returns. IRS and high-income non-filers. Sales taxes and small business. IRS nixes $24 million "gift."
Monetizing NOLs during a recession. IRS to allow amended returns to be filed electronically. Cryptocurrency audits are coming. The IRS has 10 million pieces of unopened mail. Wealth taxes the key to coronavirus recovery?
House approves PPP Changes but could fade in Senate. Cares act unused by manufacturers. A new era of tax deduction creep? Remote workers beware of tax surprises. Has Covid made it time for a carbon tax?