Taxes

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August 19, 2014 

Will and Stanky T Sing the Sales Tax Blues

Many companies know the cure for the payroll blues (implementing the right technology), but now there's also a cure for the sale tax blues. Watch and learn, then take a look at the automated sales tax solutions from Avalara.

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August 18, 2014 

IRS Issues New Regs for Longevity Annuities, Exempt from RMD Rules

People are living longer due to medical advances and other factors. So it only stands to reason that outliving your retirement savings is becoming a greater concern. Nevertheless, the IRS continues to insist that elderly taxpayers make “required minimum distributions” (RMDs) from their qualified retirement plans and IRAs each and every year.

Ken Berry, JD

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August 17, 2014 

IRS Warns About New Tax Scams

The Internal Revenue Service and the Treasury Inspector General for Tax Administration continue to hear from taxpayers who have received unsolicited calls from individuals demanding payment while fraudulently claiming to be from the IRS.

Isaac M. O'Bannon

 Colorado Pot Tax Revenue Less than Expected

August 13, 2014 

Colorado Pot Tax Revenue Less than Expected

Colorado's lower taxes on medicinal marijuana are hindering projected tax revenue from recreational pot sales, according to a recent study released by the state's Department of Revenue.

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August 12, 2014 

Employee vs. Independent Contractor: Do You Know the Rules?

When you’re running a business and someone works for you or provides a service, you pay them. That’s easy. What isn’t always so easy is determining how you should treat those payments. Before you enter into a business relationship, it’s important to establish the type of relationship – is this person providing services as an…

Taija Sparkman

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August 12, 2014 

IRS Says Fishing Disaster Aid May be Taxable

The Internal Revenue Service says that fishermen in the Northeast U.S. who received fishery disaster funds may have to pay federal tax on that relief assistance if it's used to replace lost income.