Most people think about taxes once a year, usually in March, with a shoebox of receipts and a vague hope that the refund will be decent. By then, the year is over and most of the decisions that shape your tax bill have already been made. At Lang Tax Solutions, we spend a lot of time helping clients see the difference between preparing a return and planning for one. Preparation records what happened. Planning changes what happens, and nearly all of that work has to be done before the calendar flips to January. What is the difference between tax planning… Read More »
Doing Business in South Dakota and Nebraska: A Lang Tax Solutions Guide to Income Tax and Sales Tax Nexus
Maybe you live in Sioux Falls and run crews on jobs in Omaha. Maybe your shop sits in Dakota Dunes and half your customers are across the river in South Sioux City. Either way, you’re working under two tax systems that could hardly be more different, and at Lang Tax Solutions we help owners on both sides of that line sort it out every year. South Dakota doesn’t tax your income. Nebraska does, and it expects its share of anything earned within its borders. Sales tax follows its own set of rules on top of that. If I live in… Read More »