Sales tax on medical marijuana can be a controversial topic.According to a study, medical cannabis (also known as medical marijuana) can positively benefit people with medical conditions...
Posted by Rosovich & Associates, Inc. on 03/17/2022
Every taxpayer needs to ensure they get all the credits and deductions that they qualify for, as this is the only way to legally reduce your tax bill. Uncle Sam does not care...
Posted by Karen Munoz, EA on 09/26/2021
For most startups, maintaining tax obligations is a headache. This guide examines the main steps and concepts you need to know about a sales tax. What is sales tax?Sales tax,...
Sales taxes are one of the common direct ways to collect tax revenue. Although graduated income tax brackets and rates are complex and confusing for many taxpayers, sales taxes are...
You can consider the basic idea of capital gains very simple: the net profit will be known as a capital gain if you sell an asset for more than you paid for it. For example, you get...
A business operated by an individual owner is what we will call a sole proprietorship. And, for several reasons, the sole proprietor is unique:You can just get started if you want...
Posted by Debi G Hill, CPA on 12/28/2019
The total spending for K-12 schools and college reached $82.8 billion in 2018, nearly as high as 2017’s $83.6 billion, that’s according to the National Retail Federation’s...
Why is Viagra not taxed but tampons are?A very catchy phrase that refers to state sales taxes that applied to menstrual products including pads and cups and the biggest question to...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 08/23/2019
Most taxpayers in the U.S wants to work in a lower tax states or states with reduced tax payments.If you live in New York, California or New Jersey, you would have once considered...