Small Business September 22, 2025
Sales Tax Update – October 2025
Numerous state sales tax updates take effect October 1, 2025. Read on to learn about new rates, exemptions, and rules that may impact your sales tax compliance in October 2025.
Small Business July 30, 2025
Reciprocal Tariffs Explained: Impact on U.S. Businesses
Reciprocal tariffs on dozens of countries were set to increase July 9, 2025. However, on July 7, the White House extended the current 10% modified reciprocal tariffs until August 1, 2025.
Taxes July 30, 2025
One Big Beautiful Bill Act Changes 1099 Thresholds
The One Big Beautiful Bill Act raises the 1099-MISC and 1099-NEC reporting thresholds to $2,000.
Small Business July 7, 2025
How to Help Small Business Clients Navigate Business Registrations
Here are answers to common questions for your small business clients when it comes to business registration, fees, and licenses.
Small Business June 26, 2025
2025 Sales Tax Holiday – State-by-State Update
Sales tax holidays typically delight consumers, but they can be hard on retailers. Keep reading to find out why and to learn which states will have sales tax holidays in 2025.
Taxes April 18, 2025
Maryland Lawmakers Consider Taxing Services and Intellectual Property
Maryland needs more tax revenue. Taxing business services and/or intellectual property and media rights could help the Old Line State fill a looming $3 billion budget gap.
Small Business April 2, 2025
What to Know About Texas Franchise Tax
If you do business in Texas, you’ve probably heard of franchise tax. But you may not know exactly what the Texas franchise tax is — or if it applies to you. This blog post and Texas franchise tax FAQ will answer the following questions.
Small Business April 1, 2025
Mississippi Considers 2025 Retail Delivery Fee
Mississippi may implement a retail delivery fee as early as July 1, 2025. If it does, it will join Colorado and Minnesota, the only states with a fee on retail deliveries today.
General News March 26, 2025
Hawaii to Charge EVs a Road Usage Tax Starting July 1
Revenue generated by Hawaii’s gas taxes is declining because more Hawaiians are driving electric and hybrid vehicles. The RUC is designed to provide “fair, long-term, sustainable funding for Hawaii’s roads,” according to the Department of Transportation.
Small Business March 5, 2025
A Guide to Understanding the U.S.-Canada Trade War
Many policymakers on both sides of the border oppose the tariffs and hope they won’t last. In the meantime, Canada is taking a hard line in response to the U.S. tariffs on Canadian goods.
Small Business February 12, 2025
What Businesses Need to Know About U.S.-China Tariffs and the End of De Minimis
President Trump eliminated the de minimis provision for China and Hong Kong effective February 4, reinstated de minimis for China and Hong Kong on February 7, and looks to be preparing to remove the provision for China and Hong Kong again as soon as possible.
Small Business February 7, 2025
Maryland Considers Adding Retail Delivery Fee
The fee would apply once per transaction even if the items are delivered in multiple shipments, so long as the purchase contains one item of tangible personal property subject to Maryland sales tax.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
