The legalization of sports betting in the U.S. has introduced a major revenue stream for states. With more than 30 states offering legal sports betting, the industry has expanded quickly since the 2018 Supreme Court ruling that overturned the
Read moreIntroduction The IRS has announced major changes to improve tax compliance and simplify tax management. The IRS is expanding its Tax Pro Account system and launching a new enforcement campaign. These changes reflect the agency's focus on enhancing tax
Read moreAs businesses continue to evolve, the demand for cross-functional expertise has grown. This trend extends to the tax domain, where professionals with backgrounds in other business areas are increasingly being recruited. However, onboarding these individuals requires a tailored approach
Read moreIntroduction A tax rebate is a form of financial relief offered by governments to taxpayers who have overpaid their taxes or qualify for specific incentives. It ensures fairness and supports economic policies. Understanding how tax rebates work can lead
Read moreIntroduction Sales tax and use tax are often confused, but they have different meanings that every business owner and online seller should understand. Sales tax is usually applied at the point of sale, but use tax can be more
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