Taxation

What items are subject to sales tax in Idaho? Goods that are subject to sales tax in Idaho include physical property, like furniture, home appliances, and motor vehicles. Medicine and gasoline are both tax-exempt. Some services in Idaho are subject to sales tax. For a detailed list of taxable services, view this page from the … Read more

How do I close my Texas sales tax account? You can notify the Comptroller’s office that you are closing your account by entering the information on the Close Business Location webpage and selecting “”Close all outlets for this taxpayer number.”” Read more on comptroller.texas.gov Texas business owners may need to close their sales tax accounts … Read more

Do advocates pay income tax? NEW DELHI: The government has said lawyers are exempt from service tax and there is no move to impose the levy on them for providing legal services. As per law, advocates are exempt from paying service tax for services rendered to individuals. Read more on timesofindia.indiatimes.com Advocates, usually referred to … Read more

Does the business own lease or use personal property located in Maryland? applicable, to the Department. The term “”Personal Property”” specifically includes property owned by the business, leased by the business or used by business, even if that property is owned by another business or individual. Read more on dat.maryland.gov Your company must abide by … Read more

Can I claim dog food on my taxes? You may be able to deduct the cost of buying and training your animal, as well as the pet’s food, grooming and veterinary care. The tax code allows you to deduct unreimbursed medical expenses that exceed 7.5% of your adjusted gross income. Read more on www.creditkarma.com If … Read more

What is form ST 2 in service tax? All About Service Tax Registration (ST 1/ST 2) in India. Service Tax Registration (ST-2) is an government registration which is done under CBEC on aces.gov.in. It is mandatory for every person providing services in India beyond Rs. 10 Lakh. The rate of service tax is 15% including … Read more

What is the Corporation Tax rate for 2021? 19% At Budget 2020, the government announced that the Corporation Tax main rate (for all profits except ring fence profits) for the years starting and 2021 would be 19%. Read more on www.gov.uk The profits made by firms and businesses operating in the United States are subject … Read more

How do I get a Massachusetts EIN number? The easiest way of applying for a Federal Tax ID in Massachusetts is to fill out the relevant IRS-EIN-TAX-ID form and send it via the internet or by post. You can file a simplified application form as well. It is free to apply for an Employee Identification … Read more

How should an LLC fill out a w9? Typically a single-member LLC is owned by an individual. When this is the case, the W-9 form should be completed with the individual’s name on Line 1, “”Individual/sole proprietor or single-member LLC”” checked as the tax classification on Line 3, and the individual’s Social Security Number provided … Read more

How much income can a small business make without paying taxes? A single business owner claiming the $12,400 standard deduction could earn up $15,500 and not pay any income tax thanks to this deduction. Read more on www.drilldownsolution.com How much money small business owners can make before paying taxes is a common question. The answer … Read more