16 Jul Back from my Cruise – Frequent Flyer Miles Not Taxable!
see: http://www.TaxEsq.com...
Taxesq - IRS Audit and Business Tax Estate Attorney Cherry Hill NJ
02 Jul Does Your Online Business Need to Collect Sales Tax>
Does your business have to begin collecting sales tax on all out-of-state online sales?You’ve probably heard about the recent U.S. Supreme Court decision allowing state and local governments to impose sales taxes on more out-of-state online sales. The ruling in South Dakota v. Wayfair, Inc. is welcome...
25 Jun LLC vs. C Corporation vx. S Corporation under the new Tax Cuts
Choosing the best business entity structure post-TCJAFor tax years beginning in 2018 and beyond, the Tax Cuts and Jobs Act (TCJA) created a flat 21% federal income tax rate for C corporations. Under prior law, C corporations were taxed at rates as high as 35%....
21 Jun Sales tax Disaster for Small Online Businesses
Supreme Court issues an Opinion Allowing States to Force online US Retailers to Collect Sales TaxWhat a disaster for US online businesses! In SD v. Wayfair, the US Supreme Court slapped online retailers the burden of collecting Sales Tax on sales out-of-state. This means small businesses...
18 Jun Key deadlines for businesses and other employers
2018 Q3 tax calendar: Key deadlines for businesses and other employersHere are some of the key tax-related deadlines affecting businesses and other employers during the second quarter of 2018. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply...
15 Jun Midyear – Tax and Financial Checkup
see: http://www.TaxEsq.com...
12 Jun Hardship 401(k) Withdrawals
Tax Law changes that may affect your business’s 401(k) planWhen you think about recent tax law changes and your business, you’re probably thinking about the new 20% pass-through deduction for qualified business income or the enhancements to depreciation-related breaks. Or you may be contemplating the...
06 Jun Put Children on the Payroll
Putting your child on your business’s payroll for the summer may make more tax sense than everIf you own a business and have a child in high school or college, hiring him or her for the summer can provide a multitude of benefits, including tax...
04 Jun Bitcoin and Digital Currencies are Taxable Property in the US
What businesses need to know about the tax treatment of bitcoin and other virtual currenciesOver the last several years, virtual currency has become increasingly popular. Bitcoin is the most widely recognized form of virtual currency, also commonly referred to as digital, electronic or crypto currency.While...
01 Jun Australians lose freedom of choice and pay higher costs due to tax law changes
The Australian government is attacking its own citizens with a new sales tax designed to harm international sales.The Australian government has the equivalent of a sales tax, known as the Goods and Services Tax, on international online sales of less than $1000. The purpose of...