Entries by Elisa Careggio

The Fight Against Remote Sales Tax: New Hampshire’s Bold Move with HB 135

On January 8, 2025, New Hampshire introduced House Bill 135 (HB 135), which aims to prevent businesses in the state from being required to collect sales tax for another jurisdiction (i.e., another state). The bill explicitly states: “No New Hampshire business shall be required to collect sales tax for a foreign jurisdiction (a.k.a., another state).” […]

Cash Basis Accounting vs. Accrual Accounting: Which One Is Right For Your Business?

When it comes to managing a business’s finances, choosing the right accounting method is crucial for accurately tracking income and expenses. Two of the most common accounting methods are cash basis accounting and accrual accounting. Each method has its unique advantages and disadvantages, catering to different types of businesses and their specific needs. Understanding the […]