Tax Law

Why Keep Receipts?

In business, it is important to have good records.  However, in the day-to-day dealings of running a business, some smaller things, like receipts for expenses, seem to move to the...

NEW Tax Estimation Calculator

Did you get the refund you were expecting last year? The IRS has always had an estimated tax calculator for tax payers to use in order to estimate their taxes...

Changing Your Business Name – What You Need to Know

Congrats on your business name change!  You’ve put in hours of brainstorming, writing, re-writing, and crafting to come up with your new name and brand.  But now that you have...

Crossing State Lines – Employment Considerations

Crossing state lines can grow your business.  However, as an employer, it also means you must be aware of the different laws related to employment and business in each state....

Personal Use of Company Vehicles

If your employees are driving a company-owned vehicle, it is important that they keep detailed records of the miles driven for business and those driven for personal use. The breakdown...

Employee vs. Contractor:Control and Relationship

Sometimes in small business, the idea of paying those who work for you as contractors sounds ideal.  But, how does a business owner know to correctly classify a worker as...

1099s: Tips & Tricks

1099s are due January 31st - have yours been sent? If you have, have you sent them to all vendors and service providers who need one?  You might think that...

New Mileage Rate for 2019!

It's a new year and the IRS has once again updated the mileage rate for 2019. Beginning January 1, 2019, the standard mileage rate increased  from 54.5 cents in 2018...

Sales Tax Changes are Imminent for Online Retailers

Online Sellers might have to start collecting sales tax regardless of nexus. On June 21, 2018 the Supreme Court case South Dakota v. Wayfair, Inc. ruled that states have the...