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5 States with the Lowest Combined Business Taxes

CPA Practice

One crucial factor to consider when selecting your business location is the tax environment. Business taxes can significantly impact your bottom line and overall profitability. The importance of business taxes As an entrepreneur, you face countless decisions when starting a business.

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Answers to Retail Business Questions About Sales Taxes

CPA Practice

For example, if you ship a rolling pin to 333 Apple Lane, Pie Town, New Mexico, 87827, and if you’re registered for New Mexico sales tax, you’d have to charge the sales tax rate in effect at 333 Apple Lane, Pie Town, New Mexico, 87827.

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Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

New Hampshire. New Mexico. New Hampshire. New Mexico. Tax credits State legislators are looking to offer businesses tax incentives for certain benefits to employees. Senate Bill 144 seeks to increase the minimum wage from $7.25 The state’s last scheduled increase is $12.00

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Ecommerce Accounting 101

xendoo

Crunching numbers may not be your forte, but every online business needs a strong eCommerce accounting plan. Tracking your financial matters helps you understand the health of your business and ultimately allows you to make decisions based on real numbers, not just feelings. Types of accounting software.

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What is state tax apportionment and how do you calculate it?

ThomsonReuters

It sounds straightforward, but this is a complex topic: States have various ways of calculating how much of your corporation’s business income is attributable to its presence and activity there. Each state gets to decide what matters most — your payroll, property, or sales — and in what ratio to account for them.

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Last Week in Payroll: Summertime Tax Tips

ThomsonReuters

The New Mexico Taxation and Revenue Department (TRD) has issued an informational publication on the special payment methods required by the largest taxpayers. For the latest in tax, accounting, and payroll news, visit tax.tr.com/blog. Information on special payment methods.

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