How to Manage Sales & Use Tax

How to Manage Sales & Use Tax

Sales and use tax are two very complicated issues for business owners across the country. Tax laws are constantly being revised at the state and local levels, making tax laws a very complex issue for business owners. We have put together a guide on how to manage sales and use tax so you can make

Learn More
Guide to Understanding Your Profit & Loss Statement

Guide to Understanding Your Profit & Loss Statement

The majority of people who start their own business do so because they are passionate about their work and the industry in which they operate. This means that they typically don’t know much about accounting. Because of this, these entrepreneurs will have trouble interpreting the profit & loss statement (“P&L”) that is necessary in running

Learn More
How Real Estate Agents Can Prepare for Tax Season

How Real Estate Agents Can Prepare for Tax Season

With the new year in full swing, it means that tax season is right around the corner. In fact, tax season begins the minute the calendar changes from December to January. Tax season can be especially difficult on real estate agents, most of whom are self-employed. Here are some tips on how real estate agents

Learn More
Supreme Court Upholds Tax Subsidies for All

Supreme Court Upholds Tax Subsidies for All

The Supreme Court has once again upheld tax subsidies for everyone, continuing a decision they first made a couple of years ago. The decision was 6-3 as the court ruled that subsidies should be available for all people, not just those who purchase health insurance through state exchanges, but also those who purchase insurance through

Learn More
Maximize the Value of Charitable Contributions

Maximize the Value of Charitable Contributions

It’s always nice to donate to charities or organizations that are near and dear to your heart, but it makes the situation even better when you can claim those donations on your tax return. You will be allowed to write off the cash value of charitable donations to tax-exempt organizations if you itemize the deductions

Learn More