Due to the recent U.S. Supreme Court decision in South Dakota v. Wayfair, many U.S. states have passed Economic Nexus legislation which may require all businesses, both foreign and domestic, to collect U.S. sales tax. The term “Nexus” is defined as a connection between the business and the state. Historically, in order for
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SBA Economic Injury Disaster Loan Low interest federal disaster loans for working capital for small business suffering substantial economic injury due to the COVID-19 crisis. There is no loan forgiveness for these loans but they are 100% guaranteed by the federal government and no longer require personal guarantees by the
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Does your company transact on the Blockchain? If so, you’re probably struggling with accounting for your Blockchain transactions in a manner that is GAAP compliant. Each time a cryptocurrency is spent or converted to another currency, a calculation must be performed to determine the gain or loss on the transaction
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