Put this on the list of the things you don’t want to remember the morning you wake up from New Year’s Eve. The IRS has changed the deadline for employers to file W-2 forms to the Social Security Administration. The deadline is now January 31. [Tweet “Mark your calendars: the new deadline for employers to file…
What Amazon FBA Sellers Need to Know about Sales Tax
The following is a guest post from our pal Jennifer Dunn over at TaxJar. Amazon FBA is a gift to sellers. It’s a way to quickly grow and expand your business while avoiding many of the common hassles – like handling returns and customer service – that can interfere with scaling an online business. But...
What Red and Blue Want to Do with Your Green
Election news got you hot under the collar? Cool down with an informed look at the numbers. I’ve never been one to hold back from speaking my mind. That old adage about never discuss politics or religion? Never made sense to me. I figure why not talk about it, if it comes up? We…
Got a Tax Notice? Don’t Freak Out–It Might Not Be the Truth!
Our tax expert reveals the mysterious relationship between your money and the tax system …and what it means for you! Dear Marilyn, I keep getting phone calls from someone claiming to be the IRS saying that I owe the government money. They had quite an elaborate story and really had me going…thought I was headed…
Tax Proposals in the 2016 Presidential Race – A Closer Look
How do this year’s presidential hopefuls plan to spend your tax money? Here’s the breakdown. There’s no denying that this presidential race has been more…entertaining, shall we say?…than a lot of past ones. But to be honest, all the extra noise in this year’s primary barely registers with me. As an accountant, when I listen to speeches…
2016 Tax Season Countdown: February
Want a stress-free tax season? Here’s the stuff you need to do and when you need to do it. My mom used to always grumble when Christmas advertisements showed up a week before Thanksgiving. “They’re ruining the holiday,” she said. I remember thinking Um, you’re crazy…who doesn’t want to think about Christmas as soon as possible?!…
The IRS Has Made a New Year’s Resolution
The IRS has made some important updates to US tax code for 2016. Have you ever thought about how a New Year’s resolution isn’t just for the person who makes it? Think about it. A change in one person’s life affects everyone close to them. If your spouse decides they want to go back to…
VAT Tax Updates + Tools for Digital Product Sales
If you sell digital products overseas, the European Union (EU) has passed updates to the VAT tax that will affect you and your accounting. If you are unfamiliar with the VAT, here’s a down and dirty overview. VAT stands for Value Added Tax. In this system of taxation, goods and services are taxed at each step…
Marketplace Fairness Act Bill Gets a New Push in 2015
Just when you thought it was safe to dip your toes into the blue ocean waters of online retail, a menace from the deep is again lurking below the surface. It called the Marketplace Fairness Act (MFA) bill and it has been newly re-introduced for 2015. Marketplace Fairness Act: What It Is and What It…