The U.S. Supreme Court issued a ruling in the South Dakota vs Wayfair case that opens the door for states to impose sales tax on sellers outside their borders. The case highlights a new standard…

Congratulations on your new bundle of joy! New parents can have it rough during the transition of becoming a new parent. Not only are they dealing with lost sleep, they also face the extra cost…

Some losses are inevitable when you decide to extend credit to your customers. That said, unless you are willing to forgo the credit part of your sales, you’re going to have to figure out ways…

No one likes to be blindsided by financial hardship. Listed here are 10 ideas to help ensure your financial situation stays healthy. #1 Create a safety net. Plan to have a minimum savings balance to…

As we gear up for the fourth quarter, we’re getting closer to the first tax season with the new tax law in effect. Since the introduction of the Tax Cuts and Jobs Act last December,…

Imagine this: You’re sitting down to dinner when the telephone rings. You check the caller ID and notice the call originates from a Washington D.C. area code. A voice says, “This is Agent Jones with…

What is Self-Rental? Let’s Talk Tax Reform Self-Rental is a term that describes the activity when a taxpayer rents property to his or her own business.  This is a very common practice.  For instance, a…

The most sweeping tax overhaul in decades brings lots of changes in federal tax code for businesses, ranging from a lower corporate tax rate to big tax savings for asset purchases. But there are also…