Taxes

December 12, 2016 

While other tax software makers have offered free federal tax filings since as early as 2003 for some individuals with lower income and generally non-complex situations, adding state income tax filing and even common tax credits or deductions could ...

December 7, 2016 

The average state-level sales tax rate held steady at 5.56 percent in Q3 2016. Puerto Rico maintained its position as the U.S. territory with the highest rate, at 10.5 percent. Once again, Indiana, Mississippi, New Jersey, Rhode Island and Tennessee ...

December 7, 2016 

With all the focus on Millennials today, people often forget about the much larger population of Baby Boomers. As that generation prepares for retirement, one of the biggest questions they’re contemplating is where to spend those “golden years.” While many factors play a role in those decisions, taxes will be a huge consideration, especially for...…

December 5, 2016 

In addition to sales tax rate changes, new and expiring exemptions, and new taxes on soda, 2017 will bring more marijuana legalization (and taxes), tax amnesty, and especially renewed energy to the online sales tax debate.

November 22, 2016 

The IRS will begin processing tax returns on January 24, 2017, for taxes paid/owed in 2016. In general, the IRS says that returns with refunds are processed and payments issued within 21 days. For paper filers, this can take much longer, however.

November 17, 2016 

The rules and procedures for filing sales taxes are completely individual to each state. So it’s imperative to find out what the rules and processes are for each state where you are collecting sales taxes. For those specifics, you can turn to our ...

Scott Peterson

November 17, 2016 

Here’s a rundown of which states let you remit sales taxes via credit card and how much using that option will cost you. “Fee unspecified” means there is no information on the amount of the fee until you actually initiate a credit card payment.

Scott Peterson

November 16, 2016 

Want to get your tax refund as fast as possible? Of course you do. So, before you get ready to file, make you have all the documents you will need, such as W-2s and 1099s. And take a few simple steps to avoid tax refund delays.

November 16, 2016 

American sales tax professionals identified interstate tax liabilities (71 percent) and inaccurate data (57 percent) as the biggest risks facing their businesses, according to a new Wolters Kluwer Tax & Accounting survey on sales and use tax compliance.

November 9, 2016 

2017 IRS tax refund schedule. Where's your income tax refund? When will the IRS send you your tax refund either by mail or by direct deposit? We've got the answer.

Isaac M. O'Bannon

November 1, 2016 

If the court had ruled the Compact was a valid choice regardless of state law, then every state would have repealed it. As it stands, the relevance of the Compact is likely to be revisited once all states use only sales to apportion income ...

Gail Cole

October 23, 2016 

W2 Mate is an easily affordable product from Real Business Solutions that provides accountants and businesses with the ability to prepare, import, file and print both W-2’s and 1099 forms. The vendor also offers a long-list of add-on modules to ...

Mary Girsch-Bock