Tag Archives: taxes

5 Tax Tips Every Small Business Owner Should Know

TaxesBy Sherrell T Martin March 4, 2016 Leave a comment

Our firm does not do taxes, even though I did them for 12 years. When I began my practice that was a service I simply did not want to offer. However, we do partner with CPAs and other tax professionals to be certain that the guidance we provide our clients is in line with…

SALES TAX: SHOULD YOU BE CHARGING IT?

Financial ManagementBy Sherrell T Martin October 30, 2012 2 Comments

Sales tax is a simple yet complicated thing when you are a business owner. Am I required to charge it or not? Can I be exempt from paying it or not? The basic rule is this: sales tax should be charged to the end-user of the item purchased. In most states, most items are assessed…