tax information for online sellers

Worried About Your Business Accounting Practices? 3 Steps For Solving The Problem

Problems with payroll or income taxes can be devastating to young businesses that are still operating on tight budgets. This often happens when an owner takes on the work of keeping the accounts and writing the checks to keep it running, and there is not enough time or proper training to make doing so a good solution. If you are running a business on a shoestring budget and worried about the quality of your current accounting practices, the following tips can help reduce the possibility of experiencing business losses due to costly accounting mistakes.   Read More...

Behind On Your Taxes? 3 Steps You Can Take To Avoid A Tax Lien

If you've fallen behind on your taxes and the IRS is breathing down your neck, you may be looking at a tax lien. Unfortunately, once you have a tax lien, you have to wait for it to come off your credit report. Not only that, but any refunds you're owed while the lien is in place will be withheld from you until the debt is satisfied. If you're facing a tax lien, the best thing you can do is work to avoid it altogether.   Read More...

Small Business Tips To Help You File Your Taxes

Filing your taxes can be stressful enough, but add a business to the mix and it can be completely overwhelming. The tax laws, deductions and rules you have to follow when filing your taxes can be difficult to navigate, so hiring an accountant will definitely help. See below for some tips to help you prepare when filing your small business taxes. Home Office If you run your business out of your home, you could qualify for some deductions.   Read More...

4 Ways That A Tax Recruiting Firm Can Help An Employer

Did you open a tax firm and need a few good employees to join your team? If you want to make sure that each of your employees are equipped with the proper skills for the job, seeking help from a tax recruiting firm is ideal. Take a look at this article to find out how a tax recruiting firm can help you find the right kind of employees for your company.   Read More...

Tax News For Teachers: The Educator Expense Deduction Is Now Permanent

In recent years, some enacted tax breaks have been extended on a year-to-year basis. The tentative nature of the tax rules often led to uncertainty in planning. The tax deduction for educator expenses has now been made permanent and can be expected to be available on Form 1040 each year. The educator expense deduction is taken by individuals in the teaching profession who incur out-of-pocket classroom expenses. Because of the tentative status of the deduction over several years, there is still some incorrect online information concerning its expiration.   Read More...