Understanding Your Sales Tax Obligations As A Small Business

In addition to business taxes required by the Federal government, small businesses have to pay some State and local taxes. Each State and locality has its own tax laws. Having knowledge of your State tax requirement can help you avoid problems and help your business save money. As a small business owner you need to…

Understanding Use Tax as a Small Business

What Are Use Taxes Use tax is a complementary tax. A State’s Use Tax is designed to be no broader in scope than its Sales Tax. For the most part, exemptions are the same for both of the taxes. Use Taxes are self-assessed. Perhaps the biggest difference between a State’s Sales Tax and its Use…

How To Keep At Least $250K Tax Free Dollars When You Sell Your Home

Over the past year, we have seen an increase of 10.4% on home prices nationally, according to Trulia’s Price Monitor. We are seeing the beginnings of a robust recovery from the housing market crash of 2008- 2012. Thus, if you have owned your home for more than seven years, it is possible that you may…