A Step-by-Step Guide for Getting your Bookkeeping Organized for Tax Season

Tax season is now in full swing, meaning that many are likely wishing they had instituted better organizational systems over the past year. Use this bookkeeping how-to guide to get your small business organized,...

How to Steer Clear of IRS Penalties

Taxes are serious business, but they don’t have to be scary. When you understand the possible IRS penalties you could incur, you can sleep a little easier knowing you won’t be thrown in jail...
tax time 2018

Last Minute Tax Tips to Help You File Wisely and Avoid Mistakes

Last Minute Tax Tips to Help You File Wisely and Avoid Mistakes The first few months of the year often seem to pass by at record speed, leaving us to wonder, wasn’t it just New...

How Tax Reform Impacts You and Your Small Business

The Tax Cuts and Jobs Act represents the most significant changes to the tax code in more than three decades. This new law categorically alters the basic frameworks of individual and corporate taxation. Practicing...

How to Use Davo with Third Party Ordering Apps

As the go-to sales tax guys on Clover, DAVO has many restaurants asking us how to use the DAVO SALES TAX APP with 3rd Party Ordering Apps (3POA) such as GrubHub and EAT24 on...

Why Are Merchants Sales Tax Collectors

Sales tax is typically applied to certain transactions for tangible goods that occur between a merchant and a consumer. Merchants act as an agent of the government, and collect sales tax from the consumer...

The Top 5 Topics Your Clients Will Ask You About Tax Reform

On November 2, 2017, the House released The Tax Cuts and Jobs Act. It is the most comprehensive tax legislation since 1986. Its intended tax reform may very well affect each American taxpayer. The...

Why Do POS Report Two Different Sales Tax Amounts

Calculating sales tax seems quite simple on the surface.  Set your POS to the correct tax rate and forget about it.  But when you dive below the waves of day to day commerce, sales...

Mitigating Sales Tax Risk with Davo

Ever stay up nights worried about a risky deal?  Sales Tax Risk is very real and affects small businesses every day.  In sales, every deal carries risk and as the initiator of the deal,...

3rd Party Order Apps Create a Tax Liability for Restaurants – Here is the...

Today many restaurants are using 3rd Party Order Apps (3POA) such as GrubHub and EAT24 to attract new customers and increase their bottom lines.  However, 3POA apps have the potential to create huge sales...