Snyder

JUNE 9, 2022

For e-commerce business owners, income tax filing season marks the start of a highly stressful time. Among the taxes that e-commerce businesses need to file, income tax is the most common one. What is income tax? How does income tax work?

income tax 52

income tax tax return accounting and finance tax 52

LyfeAccounting

JUNE 25, 2021

US taxpayers pay over $1 trillion in state income taxes every year. But what if you could pay $0 in state taxes? You can pay absolutely nothing in state taxes, just by packing up your bags and moving to a tax-free state. What are State Taxes?

South Dakota 52

South Dakota Alaska Tennessee income tax 52

TaxConnex

OCTOBER 5, 2021

Soon after you start dealing with states’ sales tax, you’re going to also run into another term: excise tax. What is excise tax? And is it different from sales tax? A different kind of tax pie. Federal, state, and local governments can all impose excise taxes.

tax 173

tax Sales Hawaii Vermont 173

TaxConnex

MARCH 1, 2022

It’s that time of year again when everyone suddenly thinks about preparing their income taxes. But does tax preparation incur sales taxes – and if it does, where and how? Lobbying is a major reason that professional services generally don’t incur sales tax nationwide).

Sales 183

Sales tax South Dakota account 183

LyfeAccounting

JULY 22, 2021

if you love paying property taxes then this is not the post for you. Because today, we’re going to uncover the best states to live in to save on property taxes. We recently published a post with a list of the worst property taxes by states. What Are Property Taxes For?

Hawaii 52

Hawaii South Carolina Delaware West Virginia 52

LyfeAccounting

JULY 22, 2021

if you love paying property taxes then this is not the post for you. Because today, we’re going to uncover the best states to live in to save on property taxes. We recently published a post with a list of the worst property taxes by states. What Are Property Taxes For?

Hawaii 52

Hawaii South Carolina Delaware West Virginia 52

ThomsonReuters

JULY 7, 2021

Federal Employment Taxes. The United States first imposed a federal income tax briefly during the American Civil War and also in the 1890s. Constitution in 1913 that permanently legalized a federal income tax. There are several IRS forms used to report these taxes.

payroll 56

payroll income tax Alabama payroll tax 56

ThomsonReuters

FEBRUARY 9, 2022

Back in 2019, New Jersey hit app-based driving company Uber up with a $640 million tax bill alleging misclassification of its workers as independent contractors. It can result in costly penalties and the payment of back wages and taxes.

payroll 91

payroll Hawaii Florida New Jersey 91

ThomsonReuters

OCTOBER 20, 2020

Many companies are discovering that this massive shift in work behavior may also have unforeseen tax implications. While businesses may focus on the potential for new income and activity tax liabilities, they should be aware that indirect tax responsibilities may be affected as well. A few states have issued guidance temporarily waiving sales and use tax consequences of workers who are temporarily forced to telecommute from the state due to COVID-19, but most have not.

Rhode Island 40

Rhode Island Idaho Illinois income tax 40