He provides blogs, videos, and speaking services on accounting and finance. Ken is the author of four Dummies books, including “Cost Accounting for Dummies.” The final step to managing accounts receivable is to write everything down. You may have some uncomfortable conversations, but it’s better to have them sooner than later. If you’re …
Content What are the IRS audit red flags I should be worried about? Reporting too many losses on a Schedule C Media Services Avoid an Audit by Knowing These 6 Red Flags Who Is Most at Risk for an Audit? You Use An Unscrupulous Tax Preparer Operating a Marijuana Business Sorry to inform you, but you’re a prime audit target if you report multiple years …
The OPI service is a federally funded program and is available at Taxpayer Assistance Centers (TACs), other IRS offices, and every VITA/TCE return site. The exemption for writers, photographers, and artists also applies to an expense of a personal service corporation that directly relates to the activities of the qualified employee-owner. A qualifi …
Content Drop shipping and sales tax compliance Guides Drop Shipping and Sales Tax: A Simple Guide Sales Tax Exemptions Drop shipping rules prohibit a supplier from accepting a resale certificate from an unlicensed seller. And unless presented with a valid resale or exemption certificate, the drop shipper must charge sales tax to the seller, based either …
