Why Nevada Doesn’t Have State Tax: Explained

Why doesn’t Nevada have state tax? Unlike other states such as California, Nevada does not have a corporate or personal income tax. Because of the gaming industry in Nevada, many of the additional taxes imposed on individuals and businesses in other states are not imposed in Nevada. Some of these taxes include: Personal income tax. … Read more

Property Tax Rate in King County and Other Tax Rates in Washington State

What is the property tax rate in King County? 0.93% King County, Washington’s average effective property tax rate is 0.93%. That’s exactly equal to the state of Washington’s overall average effective property tax rate. Read more on smartasset.com One of Washington State’s largest counties, King County has a broad economy that includes a number of … Read more

How to Look Up a Business Name with the IRS

It’s critical to register a new business with the Internal Revenue Service (IRS) in order to receive a tax identification number. Employer identifying Number (EIN), also used to identify a corporate organization for tax purposes, is the name of this identifying number. Business owners must first search for their company name with the IRS in … Read more

Understanding Who Pays GST: Buyer or Seller?

Who will pay GST buyer or seller? The GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services. Read more on www.investopedia.com A tax known as the Goods and Services Tax, or GST, is imposed on the sale of goods and services in Canada. Every … Read more

Do You Pay Franchise Tax in Texas?

Do you pay franchise tax in Texas? Each taxable entity formed in Texas or doing business in Texas must file and pay franchise tax. Read more on comptroller.texas.gov Whether or not you must pay franchise tax is one of the crucial decisions you must make as a business owner in Texas. Simply explained, a franchise … Read more

Understanding Food Tax in Wisconsin and Related Business Licenses

What is food tax in Wisconsin? Special Sales Tax Application to Soda and Candy Unequal Treatment of Groceries, Candy, and Soda in State Tax Codes as of State State General Sales Tax Grocery Treatment Wisconsin 5% Exempt Wyoming 4% Exempt District of Columbia 5.75% Exempt 50 more rows ? Read more on taxfoundation.org Understanding Wisconsin’s … Read more

How to Get a PA Tax ID: A Comprehensive Guide

How do I get a PA tax ID? The registration is done by filing form PA-100 with PDOR. You can get an EIN/TIN by mail, fax, or through the online application form on the IRS’s website. It takes four days to get an EIN by fax, four weeks by mail, and around 15 minutes when … Read more

Vehicle Tax in Alabama: Everything You Need to Know

How much is vehicle tax in Alabama? Alabama collects a 2% state sales tax rate on the purchase of vehicles, which includes off-road motorcycles and ATVs. Including city and county vehicle sales taxes, the total sales tax due will be between 3.375% and 4% of the vehicle’s purchase price. Read more on www.salestaxhandbook.com In Alabama, … Read more

Can an LLC File a Consolidated Return?

In recent years, Limited Liability Companies (LLCs), particularly in the US, have grown in popularity. LLCs give business owners a flexible and tax-effective framework for operating their enterprise. On the other hand, many business owners are unsure of how creating an LLC may affect their taxes. Whether or not an LLC can submit a consolidated … Read more