On April 1, Massachusetts Governor Charlie Baker signed into law a new COVID-19 relief legislation package with tax impacts for small business owners and individuals.
2018 has certainly been a year of change in the tax world. The most recent change, the U.S. Supreme Court’s ruling in the case of South Dakota vs. Wayfair Inc., has overturned decades of precedent when it comes to the taxation of goods sold by out-of-state sellers.
Wondering what this means for online retailers and other remote sellers? You’re not alone—the Wayfair case is complex, and many are waiting to see how individual states will choose to respond.
In part one of this blog, I outlined the top 11 changes in Trump's Tax Cuts & Jobs Act that will impact individual taxpayers. In Part 2, I'm discussing the top 9 changes that may impact your business:
After much anticipation, President Trump signed the new tax bill on December 22, 2017. The new tax bill is the most comprehensive tax bill since 1986 and will have a sweeping effect on individuals and businesses.
In part one of this blog, I've outlined the top 11 changes that will affect individual taxpayers:
Over the past several months, we have spoken with many individuals who have received threatening phone calls from the "IRS". The caller may demand immediate payment of back taxes, ask for a credit card number over the phone, or even threaten a lawsuit or arrest for failure to comply.
This is a widespread scam that is becoming more prevalent. As we approach tax season, it is more important than ever to be diligent and protect your personal information. To help you identify scammers, I've put together a list of 6 things the real IRS will never do.