Once you identify all the states you must register to do business in, you must determine if you are subject to sales tax nexus in those states, or if you need to file income tax returns in those states. Nexus rules have changed dramatically in recent years as states have become desperate for funds and…
Welcome to our new blog series, “The Top 30 Things Start-ups & Small Businesses Need to Know.” We will begin with topic #1: “Entity Selection.” Entity selection is one of the most important decisions you will make for your business. There are many varying levels of formation from sole proprietor to corporation. Which one should…
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We are excited to launch the Bumpers & Company Blog! Through periodic updates, we hope to keep our clients and members of the community informed on important accounting topics, changes to regulations, latest news from our firm and more. If you have a question for our Accountants that you would like to see addressed in…
