Taxes February 11, 2026
Under the One Big Beautiful Bill Act, U.S. workers can now temporarily deduct tips from their federal income taxes, up to a $25,000 limit. But Illinois is one of the states that are decoupling with the policy, so tipped income will still be taxed at the state level.
February 10, 2026
February 10, 2026
February 10, 2026
February 10, 2026
May 27, 2020
Nearly 4 million people are being sent their Economic Impact Payment by prepaid debit card, instead of paper check. The determination of which taxpayers received a debit card was made by the Bureau of the Fiscal Service, a part of the Treasury ...
May 26, 2020
The European Commission (EC) recently moved to postpone the implementation of new value added tax (VAT) e-commerce regulations by six months. While that might be a relief for businesses across the globe fighting to stay solvent during the coronavirus ...
May 19, 2020
IRS will begin sending out four million stimulus payments on prepaid debit cards this week instead of mailing paper checks. With these so-called “Economic Impact Payments” (EIP) cards, clients can make purchases, get ...
May 18, 2020
The Internal Revenue Service is starting to add 3,500 telephone representatives to answer some of the most common questions about Economic Impact Payments.
May 16, 2020
The measure, passed 208-199, would give cash-strapped states and local governments more than $1 trillion while providing most Americans with a new round of $1,200 checks.
May 13, 2020
The economic fallout resulting from the coronavirus will test the ability of companies to adapt to a business climate that is changing daily. Companies that are agile enough to adapt to new working paradigms, new ways of servicing clients and new technolo
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May 12, 2020
Staying up to date on changing sales tax laws is already an extremely difficult and daunting task for small business owners and e-commerce merchants. Now, factor in the influx of brick-and-mortar stores moving their business online due to COVID and the...
May 12, 2020
At the start of April, individuals and organizations were just coming to terms with stay-at-home orders and closures of nonessential businesses. As states start to relax those provisions, businesses are beginning to prepare for what comes next. Read on to
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May 12, 2020
While it can be easy for companies to get caught up in a whirlwind of widespread adoption and increased revenue, it’s also important to keep tax liabilities top of mind. Streaming taxes are evolving in real time.
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May 12, 2020
Up to 20,000 meals are planned to be distributed over a two-week period culminating with drops at select VA Hospitals throughout the U.S. caring for Covid-19 cases on Memorial Day, May 25.
May 12, 2020
Policymakers need to remain focused on the PPP’s original purpose -- to ensure businesses have the financial resources necessary to keep employees paid while government-mandated stay-at-home orders remain in place.
May 11, 2020
Some Americans may have received a payment amount different than what they expected. Payment amounts vary based on income, filing status and family size.