By Cliff Ennico “I started an online retail business earlier this year, and have generated so much income already that I know I’m going to get a Form 1099 from PayPal this year. When do I need to sign my business up for federal and state taxes? I know I have to do this […]
Here are more legislative reforms the new Congress should consider to promote entrepreneurship and business development in America: Allow Tax Credits for Job-Changing Education. One of the stranger dichotomies in tax law has to do with your ability to deduct continuing education classes. Under current law, you can deduct classes that improve your ability to […]
Is anyone shocked to discover that consumers opt to do business with the seller offering the lower net price when they are shopping for a particular item? If that was the only thing a recent Ohio State survey found, it wouldn’t be news. But this particular research was looking at the impact of sales tax […]
This weekend many small businesses are cashing in thanks to the sales tax holiday offered in 18 states. Depending on the nature of the business, the sales tax holiday provides small business owners with a chance to save or make money. If you are a retailer, you can promote specials during the sales tax holiday […]