Taxes

internet sales tax 1  54c6b4365023d

February 7, 2018 

Changes Coming to Use Tax Reporting

If sales tax is not charged at the time of sale, states expect use tax to be paid to the state in which the good is used or consumed. However, given the complexities of the many different variations of local and state tax laws, it’s no surprise that ...

Dean Pearson

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 ...

tax-refund1

January 25, 2018 

2018 IRS Income Tax Refund Chart

The IRS will start processing most returns on January 29, but will not start processing returns with the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) until mid-February 2018.

rettig 1  5a68f48d052e5

January 24, 2018 

Trump to Tap Beverly Hills Lawyer to Lead the IRS

If nominated and approved, Rettig faces an uphill battle in turning around the IRS, which has suffered in recent years from a dwindling budget and several black eyes, including the “Tea Party scandal” that unfolded under Koskinen’s watch.

Ken Berry, JD

 IRS Says More Taxpayers May Qualify for EITC Due to Hurricanes

January 23, 2018 

IRS Says More Taxpayers May Qualify for EITC Due to Hurricanes

A special computation method, available only to people who lived in one of the hurricane disaster areas during 2017, may enable them to claim the EITC or claim a larger than usual credit. Under this method, taxpayers whose incomes dropped in 2017 can ...