You are running your very own online e-commerce store; How exciting, but e-commerce sales tax laws, not so much. We know sales tax can really kill your energy. This blog will better explain the various sales tax rules for e-commerce businesses. When must your E-Commerce business start Administering sales tax? Your eCommerce business must charge…
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Accountable Plans A plan under which an employee is reimbursed for expenses or receives an allowance to cover expenses is an accountable plan only if the following conditions are satisfied: there must a business condition for the expenses the expense must be in connection with performance of services as an employee the reimbursement must be…
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50 Percent Deductions: • Lunch with customer, client or employee associated with a business discussion Taxes and tips relating to a meal or entertainment activity • Room rental for a dinner or cocktail party (assuming the event met the business relation test) 100 Percent Deductions: • Transportation costs to and from a business meal or…
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