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Tax Increase Calculator Shows Impact on Businesses of Allowing TCJA to Expire
Tax Increase Calculator Shows Impact on Businesses of Allowing TCJA to Expire

A new tool from the U.S. Chamber of Commerce can help businesses understand their potential tax increases if the 2017 Tax Cuts and Jobs Act (TCJA) is allowed to expire at the end of 2025. Several provisions of the TCJA, including the 20 percent deduction for S-corporations, are scheduled to... Continue Reading

Postedby Tim O'Connor
Date posted03/17/2025


Understanding Use Tax
Understanding Use Tax

When making a sale, businesses widely understand their obligations when it comes to collecting sales tax. But use tax can be a little trickier, even though it is the flip side of the same coin. Use tax is typically paid in place of a sales tax when a buyer purchases from a seller located in a... Continue Reading

Postedby Tim O'Connor
Date posted09/3/2024