Taxation

How long do you have to live in RI to be considered a resident? 183 days The main requirement for establishing Rhode Island residency is to be domiciled in the state. This means you have to live in Rhode Island for at least 183 days before you can become a resident. Read more on correirabros.com … Read more

What is tax rate for S corp? The S corp income tax rate refers to the federal, state, and local individual income taxes that S corporations are required to pay. Owners of S corporations need to pay 0 to 13.3 percent state and local income taxes and a top marginal rate of 39.6 percent for … Read more

What county in NC has the lowest property taxes? Carteret County The county with the lowest tax rate was Carteret County, located northeast of Onslow County, with a rate of 33 cents per every $100 of valuation. Read more on www.starnewsonline.com The state of North Carolina is situated in the southeast part of the country. … Read more

Is there tax on wine in Rhode Island? The Rhode Island sales tax exemption on wine and spirits applies at the retail level ? on sales by liquor stores to consumers. There is no exemption on wine and spirits sold at the wholesale level ? sales by wholesalers/distributors to liquor stores. Read more on tax.ri.gov … Read more

Does Maine have a business income tax? Maine imposes an income tax on all entities organized as corporations and that have Maine-source income. The corporate income tax is graduated, with rates ranging from 3.5% (for income up to $350,000) to 8.93% (for income in excess of $3,500,000). Read more on www.maine.gov Maine is one of … Read more

How does Washington state sales tax work on an out of state vehicle purchase? If you are a Washington resident and purchase a vehicle outside this state that you then bring into Washington, you owe use tax on the value of that vehicle. Use tax is the same rate as sales tax and is due … Read more

An EIN is an SSN for your business. For those simply operating sole proprietorships, they can use their SSN with the IRS for tax purposes and to open a business bank account. If you form an LLC, want to hire employees, or establish business credit, though, you’ll need to obtain an EIN. Read more on … Read more

Can you fax form 2553? Generally, send the original election (no photocopies) or fax it to the Internal Revenue Service Center listed below. If the corporation (entity) files this election by fax, keep the original Form 2553 with the corporation’s (entity’s) permanent records. Read more on www.irs.gov A crucial document for small firms choosing to … Read more

How do I get my Utah 1099 G? To access your Form 1099-G online, log into your account at utah.gov and select “”1099 Tax Information.”” If you did not opt into “”Electronic Correspondence,”” your 1099-G will be mailed to the last address on your claim. If you need to change your address, please do so … Read more

Can I use my SSN as a tax ID? Corporations and partnerships are required to have an EIN. However, if you are a sole proprietor, the IRS does not require one. Instead, you can use your Social Security Number and report your income and expenses on a Schedule C tax form (http://www.irs.gov/pub/irs-pdf/f1040sc.pdf). Read more on … Read more