Why Do I Owe Idaho State Taxes?

Why do I owe Idaho state taxes? “”If you haven’t adjusted your state withholding to account for new tax laws enacted in 2018, you might owe more taxes when you filed your 2019 return this year,”” Idaho State Tax Commission spokeswoman Renee Eymann told EastIdahoNews.com. Read more on www.eastidahonews.com Based on their income earned within … Read more

Understanding DC Sales and Use Tax

What is DC sales and use tax? The District of Columbia, Washington D.C., levies a 6% state sales tax on the retail sale, lease or rental of most goods and some services. Read more on www.salesandusetax.com You may be familiar with the words sales tax and use tax. These levies are applied to consumer-sold products … Read more

Can I Pay My Nanny Through My Business UK?

Can I pay my nanny through my business UK? Read more on nappyvalleynet.com You might be wondering if you can pay your nanny through your business as a business owner in the UK. There are a few requirements and factors to take into account, but the answer to this question is yes. First and foremost, … Read more

Can a Disregarded Entity Have Its Own EIN?

Can a disregarded entity have its own EIN? Most new single-member LLCs classified as disregarded entities will need to obtain an EIN. An LLC applies for an EIN by filing Form SS-4, Application for Employer Identification Number. Read more on www.irs.gov A company that is not recognized for tax reasons as being distinct from its … Read more

Do I Need a Resale Certificate in South Carolina?

Do I need a resale certificate in South Carolina? Most businesses operating in or selling in the state of South Carolina are required to purchase a resale certificate annually. Even online based businesses shipping products to South Carolina residents must collect sales tax. Obtaining your sales tax certificate allows you to do so. Read more … Read more

How to Get Your 1099-G Form Online

How can I get my 1099-G form online? The fastest way to receive a copy of your 1099-G Form is by selecting “”””electronic”””” as your preferred method for correspondence. You can log-in to your Reemployment Assistance account and go to “”””My 1099-G”””” in the main menu to view the last five years of your 1099-G … Read more

Is Software-as-a-Service Taxable?

Is Software-as-a-Service taxable? California: SaaS is not a taxable service. However, software or information that is delivered electronically is exempt. The ability to access software from a remote network or location is exempt. Under California sales and use tax law, there must be a transfer of TPP, in order to have a taxable event. Read … Read more

What Happens If I Don’t Pay Business Taxes?

What happens if I don’t pay business taxes? If you don’t make any arrangements with the IRS, the IRS can eventually force you to pay. The IRS can file a lien that would harm your credit, and the IRS can levy your bank accounts and income sources, such as payments from customers. Read more on … Read more

How are S Corporations Taxed in Georgia?

How are S corporations taxed in Georgia? Georgia S corporations do not pay income taxes as a company. Instead, shareholders pay their share of taxes on their own personal tax returns. This means that the profits of the business are only taxed once. Not all corporations are eligible to become an S corporation. Read more … Read more