Taxation

What states have no digital sales tax? States that generally exempt digital goods and services. Five states don’t have a general sales tax: Alaska, Delaware, Montana, New Hampshire, and Oregon (the NOMAD states). Read more on www.avalara.com Many states have imposed digital sales taxes to raise money in the age of internet commerce. Software as … Read more

Any commercial operation must take labor into consideration. Owners of businesses frequently query whether or not labor is taxable. In the state of Washington, all labor charges are subject to sales tax, which businesses are required to collect and remit. According to the law, labor is any work or service that is rendered in exchange … Read more

What is a business tax certificate in Georgia? Overview. Upon registration and payment by the business of the required occupation tax and appropriate fee, the License and Inspection Department shall issue a Business Tax Certificate to said business. The business owner shall display such certificate in a conspicuous place within the business premises. Read more … Read more

What is Hawaii use tax? 4% The landed value of a new or used vehicle purchased out-of-state and imported into Hawaii is subject to use tax at the rate of 4% (4.5% if applicable to the county surcharge). The sales or use tax you paid to another state for your vehicle purchase may be claimed … Read more

What is my individual tax identification number? An ITIN, or Individual Taxpayer Identification Number, is a tax processing number only available for certain nonresident and resident aliens, their spouses, and dependents who cannot get a Social Security Number (SSN). It is a 9-digit number, beginning with the number “”9″”, formatted like an SSN (NNN-NN-NNNN). Read … Read more

What happens if you don’t make quarterly tax payments? If you miss a quarterly tax payment, the penalties and interest charges that can accrue depend on how much you make and how late you are. The IRS typically docks a penalty of . 5% of the tax owed following the due date. The penalty limit … Read more

Is franchise tax an expense? Other than income taxes, you may deduct expenses for other taxes your business pays: City or state gross receipts tax. State unemployment insurance contributions and contributions to state disability funds (depending on the state) State income tax or state business franchise tax. Read more on www.thebalancesmb.com A tax called a … Read more

Is Wyoming an SST state? The state of Wyoming became a full member of Streamlined Sales Tax on. Read more on www.streamlinedsalestax.org The state of Wyoming is situated in the western part of the country. It is renowned for its huge open areas, stunning scenery, and extensive history. The sales and use tax in Wyoming … Read more

Who Must File NYS corporate tax return? Starting in tax year 2009, partnerships that carry on or liquidate any trade, business, profession, or occupation wholly or partly within New York City and have a total gross income from all business regardless of where carried on of more than $95,000 (prior to any deduction for cost … Read more

What taxes do sole proprietors pay in Tennessee? The State of Tennessee does not have a general income tax for individuals. Accordingly, your sole proprietorship income is not taxable in Tennessee. Tennessee has the Hall income tax, which is assessed only against interest and dividend income in excess of certain limits. Read more on ttlc.intuit.com … Read more