Sales Tax

An Accountant 1  57868fd0c8756

February 6, 2018 

The Secret Lives of Accountants

Over the centuries, accountants have been fashionistas, inventors, and spies. They fight crime, write books, and uphold the law. The more one learns about accountants, the more surprises one uncovers. Secret lives, indeed.

Gail Cole

tax refund 1  58ad2540b4575

January 31, 2018 

2018 IRS Tax Refund Schedule – Where’s My Refund?

How quickly a taxpayer receives a refund also depends on when they file and whether they have requested a direct deposit of their refund, or a paper check. This is because during some time frames there is increased traffic, with more filers getting ...

sales tax 1  55f831d675655

January 28, 2018 

Some States Offer Businesses Discounts on Sales Tax Collections

While all states penalize businesses for late and incorrect sales tax returns, close to 30 incentivize timely filing by offering a sales tax filing discount to businesses that file returns and remit payments by the due date. Two states even offer ...

bitcoin pixabay 2007912 1920 5a52845ec6442

January 7, 2018 

Cryptocurrency 101: What You Need to Know

Currently, the US treats cryptocurrency as property. The IRS requires that the value of cryptocurrency be reported in US dollars with the fair market value determined at the time of payment or receipt. This calls for specific record keeping ...

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January 5, 2018 

IRS to Start Accepting Tax Returns on Jan. 29, 2018

The IRS has announced that it will officially begin accepting returns for the 2017 tax year on January 29, 2018 (IR-2018-01, 1/4/18). This is a little later than usual to give the nation’s tax collection agency enough time to ensure security and ...

Ken Berry, JD