Taxation

Did Ky sales tax go up? There have been no changes to the Kentucky sales tax of 6%, or local sales taxes within the state, over the last year. Read more on www.salestaxhandbook.com The Kentucky sales tax rate raised from 6% to 6.25% beginning of July 1, 2018. This implies that the increased sales tax … Read more

What services are taxable in Wisconsin? Taxable services include: Admission and access privileges to amusement, athletic, entertainment, or recreational places or events. Access or use of amusement devices. Boat docking and storage. Cable television services. Contracts for future performance of services. Internet access (not taxable beginning) Read more on www.revenue.wi.gov In Wisconsin, tangible personal goods … Read more

Does an S corp have to pay quarterly taxes? Is an S corporation required to pay quarterly estimated tax? Sometimes, an S corporation must make estimated tax payments. Generally, an S corporation must make installment payments of estimated tax for the following taxes if the total of these taxes is $500 or more: Investment credit … Read more

How long does it take to process form 2553? within 60 days How Long Does It Take to Process Form 2553? The IRS will approve your Form 2553 within 60 days of filing. If your paperwork is correct and you file on time, then you shouldn’t experience any delays in the approval process. However, 2020 … Read more

How is a US LLC taxed in the UK? Although an LLC is considered transparent under Federal law, HMRC’s guidance indicates that a US LLC is considered as an opaque entity in the UK, treated as a company and therefore the individual is taxed on the distributions from the LLC as they are received. Read … Read more

How do I fill out Form 990? Read more on www.youtube.com Most tax-exempt organizations in the US are required to file Form 990 with the IRS. This form offers details about a nonprofit’s operations, finances, and programs to the IRS. We’ll cover the fundamentals of completing Form 990 in this post, along with some pertinent … Read more

When it comes to income taxes, most LLCs are so-called pass-through tax entities. In other words, the responsibility for paying federal income taxes passes through the LLC itself and falls on the individual LLC members. Wisconsin calls this a franchise tax. In Wisconsin, the franchise tax is a flat 7.9% of net income. Read more … Read more

You may have seen the 800-829-0922 number if you have inquiries concerning your taxes. The Internal Revenue Service (IRS) can be reached at this toll-free number if you have inquiries concerning your tax returns, refunds, or payments. For assistance or to talk with an IRS representative, dial this number. Is it okay to mail your … Read more

Is GST applicable on mushroom? Items taxed at 18% Fruits, vegetables, nuts and other plants preserved by vinegar or acetic acid or sugar. Tomatoes, mushrooms or other vegetables preserved by other means. Read more on cleartax.in In India, mushrooms are a popular vegetable that have seen a sharp rise in demand in recent years. Regarding … Read more

Is YouTube income considered self-employment? YouTube Income Taxes represent self-employed income, your YouTube Taxes are not taken out for you by YouTube since you are not a YouTube Employee. YouTube Adsense earnings are reported on a 1099 form you receive for your YouTube monetization earnings and you will be filing a 1044 Tax for or … Read more