Changes to State and Local Sales Tax: How Does the Wayfair Ruling Affect You?

O'Connor, Pagano and AssociatesInsights

Every small and mid-sized business selling goods over the internet needs to reevaluate how they handle sales tax after the Wayfair ruling by the Supreme Court. It is, quite literally, a taxing problem. A brief history lesson is in order. Decided in June, the case settled a long-standing issue of state sales tax collection regarding online sales. As MarketWatch reported … Read More

By the Book: Accurate Bookkeeping Will Build Your Business

Fabian O'ConnorInsights

In our business — and for your business — it’s important do things by the book. As in keeping excellent books. At its core, bookkeeping is the gateway to smart business planning. Take the case of small business owners. Whey they start off, their first and quite reasonable priority is to bring money in the door so they can keep … Read More