Sales Tax Holiday
Starting August 1, 2018 through August 5, 2018 you will not have to pay sales tax on certain purchases. During the sale tax holiday, the following purchases are not taxable: Clothing, if the [...]
Child Sales Tax Rebate
Starting May 15, 2018 through July 2, 2018, you might be eligible for a one‐time $100 child tax rebate. This is a rebate on sales and use tax paid on purchases for raising a qualified child in [...]
Consider how tax reform would affect your financial statements
Tax reform legislation might be enacted before year end. If it is, companies following U.S. Generally Accepted Accounting Principles (GAAP) will have to recognize the effects of the changes in [...]
Tax Planning for Small Business Owners
What is Tax Planning? Tax planning is the process of looking at various tax options to determine when, whether, and how to conduct business transactions to reduce or eliminate tax liability. Many [...]
Tax-Saving Strategies that Reduce your Tax Liability
If you’re looking to save money on your taxes this year, consider using one or more of these tax-saving strategies to reduce your income, lower your tax bracket, and minimize your tax bill. [...]
What you need to know about the Equifax Data Breach
Background: What is Equifax? Equifax is one of three major U.S. credit reporting bureaus. The other two are TransUnion and Experian. There is also a smaller, less well-known credit-reporting [...]
