fbpx

Taxes

In Texas Saas And Cloud Computing Are Taxable

Are you still on the hook to have health insurance?

With the implementation of the Tax Cuts and Jobs Act bill, there were some important changes to Affordable Care Act. What you may refer to as ObamaCare. The biggest misconception of the new tax law is that the mandate to have health insurance was eliminated effective 2018. This is both right and wrong. According to the IRS, ObamaCare continues …

Are you still on the hook to have health insurance? Read More »

In Texas Saas And Cloud Computing Are Taxable

Know This Before Applying for a Refund Anticipation Loan

The IRS is accepting tax returns starting today, January 27, 2020. It’s understandable that taxpayers who expect a refund want their money fast. That’s why a refund anticipation loan (RAL) seems like a desirable option. When you want to get your refund as quickly as possible. A RAL is a loan offered by some tax preparers to taxpayers who …

Know This Before Applying for a Refund Anticipation Loan Read More »

In Texas Saas And Cloud Computing Are Taxable

Self-Employed: Are you claiming all of your expenses?

If you are a freelancer, sole proprietorship, Uber driver, contractor, subcontractor, you work for yourself, receive a 1099-MISC, you get the idea, and you have more than $5,000 in business expenses, then you will need to file Form Schedule C as part of your next tax return. Do not fret, though. We will break down the …

Self-Employed: Are you claiming all of your expenses? Read More »

In Texas Saas And Cloud Computing Are Taxable

In Texas, SaaS and cloud computing are taxable

In some ways, Texas comptroller statutes are crystal clear about which goods or services require the collection of sales and use tax. However, when it comes to SaaS, cloud computing, and electronically downloaded software, the rules become more complex. When do you need to collect sales tax on these types of transactions? Here’s what you need to …

In Texas, SaaS and cloud computing are taxable Read More »

Scroll to Top