How to Dissolve a Corporation or LLC: Final Returns, Form 966, and Closing Tax Accounts
Dissolving a corporation or LLC takes a state filing, a final return with the box checked, and Form 966 within 30 days — miss one and the bills keep coming.
#sales-tax
Sales Tax
Sales tax compliance, nexus rules, filing requirements, and tax automation for businesses
Do You Need a Business License? The Federal, State, and Local Permits Most New Owners Miss
Registering your LLC is not a license to operate. Most businesses need federal, state, and local permits — here is how to find every one of yours.
The Predominant Use Study: How Manufacturers Stop Paying Sales Tax on Their Utility Bills
If 50%+ of your metered electricity or gas runs production equipment, Texas, Indiana and other states exempt the whole utility bill — plus 3–4 years of refunds.
The Black Friday–Cyber Monday Accounting Playbook: Prep Your Books for Peak Volume, Record Discounts Right, and Survive the December Returns Wave
Record BFCM promo codes as contra revenue, reconcile processor payouts weekly, and accrue December's ~17% holiday returns before year-end close.
Camera and Lens Rental Business Bookkeeping: Fleet Depreciation, Damage Waivers, and the Utilization Math That Decides Your Margin
Price each rental off replacement cost — about 1/20 per day — capitalize the fleet under Section 179 or bonus depreciation, and track utilization per item.
Illinois Ended Its Grocery Tax in 2026 — Then Your Town Voted It Back
Illinois ended its 1% state grocery tax in 2026, but 600-plus towns reinstated it by ordinance — check your town's rate or remit the 1% uncollected.
Invisible Dog Fence Installation Bookkeeping: Install Revenue, Recurring Service Income, and Warranty Reserves
Installs pay once; battery plans and service calls pay every year. Split install, recurring, and warranty-reserve lines or winter eats the margin.
Selling Access to Your MCP Server: Bookkeeping for Usage-Based and Subscription Revenue
Recognize MCP usage revenue as agents consume it, hold prepaid credits as deferred revenue, and track API passthrough cost per tool.
Craft Fair and Festival Vendor Bookkeeping: Booth Fees, Multi-State Sales Tax, Handmade COGS, and 1099-K Reconciliation
One festival weekend out of state can trigger sales tax nexus. Register first, collect the combined rate, and reconcile the gross 1099-K on Schedule C.
Illinois' Remote-Retailer Tax Amnesty Closes October 31: How Out-of-State Sellers Come Clean on 2021–2026 Sales Tax
Illinois waives all penalties and interest on 2021–2026 remote-seller sales tax paid at a flat 9% by October 31, 2026; after that, IDOR may assess 15%.
Wallpaper Installation Business Bookkeeping: Price Every Roll, Prep Job, and Deposit Like a Pro
Quote wallpaper per roll or square foot, cost prep separately, allow 10–25% pattern waste, and book deposits as unearned revenue — not income.
Washington's Small-Business B&O Tax Credit Is Set to More Than Double in 2029 — If Its Funding Survives
Washington's small-business B&O credit rises to $375/$125 monthly in 2029 — unless voters repeal its funding on Nov 3 or courts strike it.