Taxation

What items are tax-exempt in Tennessee? What purchases are exempt from the Tennessee sales tax? Clothing. 7% Groceries. 5% Prepared Food. 7% Prescription Drugs. 7% OTC Drugs. 7% Read more on www.salestaxhandbook.com Did you know that Tennessee also has tax-exempt goods? Tennessee is renowned for its low tax rates and welcoming business climate. Making wise … Read more

What is my NC state tax ID number? Find Your North Carolina Tax ID Numbers and Rates. Locate your nine-digit (XXXXXXXXX) account number on any previously filed quarterly return (NC-5). Read more on squareup.com Every state in the US, including North Carolina, requires businesses to have a State Tax ID number. The Internal Revenue Service … Read more

How much does it cost to file a 1099? Pricing Federal Tax Return $0.00 Printable Tax Return $0.00 Tax Extension $0.00 State Tax Return $14.99 Deluxe Edition $6.99 2 more rows Read more on www.freetaxusa.com The Internal Revenue Service (IRS) may require you to file a 1099 form if you are an independent contractor or … Read more

How do I become tax-exempt in California? There are 2 ways to get tax-exempt status in California: Exemption Application (Form 3500) Download the form. Determine your exemption type , complete, print, and mail your application. Submission of Exemption Request (Form 3500A) If you have a federal determination letter: Read more on www.ftb.ca.gov The position of … Read more

An LLC is treated and taxed in the same manner for Louisiana income tax purposes as it is treated and taxed for federal income tax purposes. If the LLC is considered a partnership for federal income tax purposes, which is the most common situation, the LLC is treated as a partnership for Louisiana income tax … Read more

Are digital goods taxable in Nebraska? Sales of digital products are subject to sales tax in Nebraska. Read more on www.salestaxhandbook.com Like many other US states, Nebraska levies a sales tax on the purchase and use of tangible personal property. However, there has been an increase in debate concerning whether or not digital goods and … Read more

What is the hotel tax rate in South Carolina? All other hotels with 81-160 rooms is 1.5% and 5.0% for hotels with more than 160 rooms. [4] Specific sales tax levied on accommodations. State has no general sales tax. Specific Statewide Taxes on Lodging – By State. State South Carolina Sales Tax 5.0% [7] Lodging … Read more

What tax classification should I use for my LLC? partnership A domestic LLC with at least two members is classified as a partnership for federal income tax purposes unless it files Form 8832 and elects to be treated as a corporation. Read more on www.irs.gov Being registered as a Limited Liability Company (LLC) is a … Read more

Is there tax on digital products? The “”sale of electronic data products such as software, data, digital books (eBooks), mobile applications and digital images is generally not taxable”” (though if you provide some sort of physical copy or physical storage medium then the sale is taxable.) Read more on www.taxjar.com There are several uncertainties surrounding … Read more

Can I claim coffee as a business expense? Costs of providing items such as tea and coffee in the office are allowable as a business expense, providing they are available to all staff. Costs for drinks and meals while travelling away from the office for business purposes can also be claimed as a business expense. … Read more