November 2, 2015
Although we do not have sales tax in Oregon, you may do business outside of our home state and need a system to calculate sales tax in a multitude of jurisdictions. Managing these calculations manually can be time consuming, and costly on many levels. Fortunately, for those business owners/operators who use QuickBooks online, we may have found a new app that may remedy your sales tax headache.
Avalara AvaTax will handle your sales tax compliance and can automate your returns so you don’t have to. This cloud based SaaS utilizes behind the scenes calculation tools and streamlines the billing process “via a secure, encrypted Internet connection.”
Thus far, reviews have been over the top, raving about the program’s ease of use, accuracy and detailed reporting abilities. This may be an excellent resource for our friends who are actively engaged in sales or services online or across multiple taxing jurisdictions. Read more about AvaTax at http://www.avalara.com/products/avatax/.
With 2019 officially here, it is time to remind you that January 15th is the due date for the fourth quarter estimated tax payments. If you are required to make estimated tax payments, use the payment vouchers that you received after filing your 2017 returns.
Remember, if you do not pay enough tax by the due date of each payment period, you may be charged a penalty when you file your...
The holiday season is already in full swing, and as much as it can be a welcome distraction can be from our everyday lives, that distraction can cause its own issues as well.
We’ve noticed, here at SGA, an increased number of instances of scam emails and voicemail schemes lately. The scammers are trying to catch you off guard and get you to react in a way that you might...
The IRS requires you to keep your records that support an item of income or deduction on a return until the period of limitations for that returns runs out. The period of limitations is the period of time in which you can amend your return to claim a credit or refund, or the IRS can assess additional tax.
Period of Limitations: