Business Taxes

Texas Pursues Amazon for Sales Taxes

December 10, 2010

The state of Texas has a two year budget deficit estimated at $21 billion. As they look for ways to recover from the shortfall, they begun hunting Amazon… Read More

The 10 Best State Business Tax Climates by the Tax Foundation

October 4, 2010

About four times a year, the Tax Foundation publishes a paper to explore an economic issue explored by economists and scholars.  The foundation is a nonprofit organization for… Read More

Be Cognizant of the Hobby Loss Rule in this Economy

September 1, 2010

Since the recession began, a number of new businesses started to supplement or substitute incomes during situations of job loss. It is important for these small businesses and… Read More

Healthcare Bill Disaster: Send 1099s to Everyone

July 15, 2010

The IRS 1099-Misc form has always been used to track payments made from one company to either an individual or another company that are not salary-based.  If you… Read More

Why the State Corporate Income Tax Should be Eliminated

July 6, 2010

Ronald Reagan once proposed eliminating the federal corporate income tax. That was in 1983 and the same issue has been brought back to the table; however it doesn’t… Read More

Small Business Tax Penalties: What They Are & When They’re Charged

May 3, 2010

When the IRS charges your business with tax penalties, you may be shocked at the amount they charge. IRS penalties at times can account for 50% of a… Read More