Gross receipts is an accounting term used to refer to all of the money a business takes in, before expenses and taxes are deducted. Because this term is important for accounting purposes, budgeting, ...

Most small businesses are set up to "pass through" income. If you're a sole proprietor or run an S corporation, your business doesn't pay taxes. Instead, the money passes through to you, and you ...

The San Francisco Office of the Treasurer and Tax Collector recently issued Gross Receipts Tax regulations, tax return filing instructions and other guidance addressing major changes to how owners of ...

Anti-tax groups mounted a pre-emptive strike Tuesday on any solution to the state’s $1.6 billion budget shortfall that includes a new gross receipts tax on Oregon businesses. The group is acting ahead ...

The law known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, which generally took effect in 2018, provides welcome simplifications for small business taxpayers. This article highlights some of ...

On January 6, 2021, the Small Business Administration (SBA) issued two interim final rules related to Paycheck Protection Program (PPP) loans under the Economic Aid to Hard-Hit Small Businesses, ...