Under the rallying cry of getting Big Tech to “pay its fair share,” Maryland has imposed a tax on digital advertising revenues within the state. Critics, in a legal filing, say the tax may also reach revenues earned outside the state — and unlawfully so. The tax came into law last month after the Maryland […]
Maryland’s digital ad tax may be a constitutional overreach Read More »
April 15 used to be Tax Day. But due to COVID-19, the IRS has changed a number of filing deadlines so that most tax filing and payment deadlines that normally fall from April 1, 2020, through July 14, 2020, are extended to July 15, 2020. Some new federal law changes also affect some due dates. But
All 2020 Tax Filing Deadlines Are Not Created Equal Read More »
Businesses use software for tons of different functions. Some are more necessary than others. For example, companies are required to file taxes. So using a tax software is pretty much mandatory. In fact, this is exactly the area that SAG Infotech specializes in. However, the company also offers tons of other programs. Read all about
SAG Infotech Provides Something Necessary for Businesses, Tax Software Read More »
Small businesses pay higher costs when it comes to regulations and compliances compared to their larger counterparts. How much more do they pay? When it comes to taxes, a new infographic from SCORE says tax compliance costs are 67% higher for small businesses than for big businesses. Titled, “Tax Reform’s Impact on Small Businesses” the
Tax Compliance Costs Generally Higher for Small Businesses Read More »
Although the filing deadline for federal taxes has been pushed back to July 15th, many small businesses will still be filing in April. Additionally, many states have not pushed back their filing deadlines. So even if your business isn’t filing federal taxes right away, you may still need to compile your state returns quickly. Whether
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The IRS announces a tax deadline extension of 90 days to July 15 interest and penalty-free to help individuals and businesses affected by the coronavirus pandemic. As Treasury Secretary Steven Mnuchin said Tuesday in the briefing about the coronavirus, individual taxpayers and small businesses can delay paying their income taxes on as much as $1
Tax deadline extension announced in response to coronavirus scare Read More »
The tax season can be a stressful period for businesses. This period is marked with pressures to file for returns by a deadline and it inadvertently provides good opportunities for scammers to strike. Scammers pounce on opportunities to steal your sensitive data, identity theft or trick you out of money by employing elaborate ruses using
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Understanding and fulfilling your tax obligations remain one of the biggest challenges with running a business. You usually complete your personal tax returns once a year with a few forms. But preparing and filing your business taxes can prove, for lack of a better term, taxing. Even more so if you do not know about
