Have you noticed that sometimes you haven’t been charged sales tax when making an online purchase? That doesn’t mean that taxes weren’t due. In this video, Emily and Abby break down the recent Supreme Court Decision that affects taxation for online retailers and shoppers – the South Dakota v. Wayfair ruling. Watch to find out what it means for you as a business and as an online shopper!
Good News! The IRS gives Penalty Relief for Certain Taxpayers Filing Returns for Taxable Years 2019 and 2020
The IRS released Notice 2022-36 which waives the late fees and penalties for all 1099 Series returns (NEC, MISC, DIV, INT, et al) for tax years 2019 and 2020 that