Sales Tax Compliance
Sales Tax compliance is a complex task and hot topic. How can we help?
Sales tax compliance has become a hot topic with the increase in internet based companies and online sales. If you sell products in multiple states, you may have the obligation to collect and remit sales tax in several jurisdictions. We can determine whether or not your business is in compliance with each jurisdiction’s specific sales tax requirements and help you set up the necessary sales tax accounts. Once you are set up to collect and remit sales taxes, we can prepare the sales tax returns on your behalf, or we can train you to prepare the sales tax returns yourself
The Tax Cuts and Jobs Act of 2017 (tax reform) ushered significant changes to the tax code to make it easier to navigate and less complex. Since the close of the 2018 tax season, many Denver businesses have been looking more closely at these modifications to see how...
Specifically, rental real estate companies were unsure how, and if, the deduction could be applied to their business. Unfortunately, the law did not specify whether rental real estate activity would be considered a trade or business that would qualify for the deduction.
The Tax Cuts and Jobs Act of 2017 (tax reform) resulted in many changes designed to make the tax code easier to understand, compliance less complex and reduce overall business taxes.