How do you get tax exempt on purchases?
To qualify to be exempt from sales tax, the items you buy must not be used in your normal course of business. For example, you can’t buy copy paper and as...
Category: Politics
Why is it so difficult to amend?
The founders made the amendment process difficult because they wanted to lock in the political deals that made ratification of the Constitution possible. ...
What is required to qualify as a charity?
It’s an organization that has been granted tax-exempt status by the IRS and is eligible to receive tax-deductible charitable contributions. Examples of qu...
Is NYS extending unemployment benefits?
New York state will continue to review claims for federal benefits for weeks of unemployment on or before Sept. 5, according to the DOL website. If a clai...
Do you own leased equipment?
Equipment leasing is a type of financing in which the small business owner rents the equipment rather than purchasing it. In that case, you own the equipm...
What kind of tax do I have to pay if I make 100K?
The Federal Income Tax calculation includes Standard deductions and Personal Income Tax Rates and Thresholds as detailed in the Federal Tax Tables publish...
What kind of advice do I need for a small business?
An overview of tax information relevant to small businesses including your tax registrations, tax obligations, record keeping requirements, and potential ...
How do I transfer my bank account to another person?
How Do I Transfer Money Into Another Person’s Bank Account? Review Online Banking Options. Use Your Bank’s Online Portal. Make a Bank-to-Bank Transfer. Co...
Do you have to file taxes for C Corp?
If you are taxed as a C-Corp, you need to file a Form 1120, you must file it by the 15th day of the forth month following the close of the tax year, which...
What is TCS Treas 449 direct deposit?
The U.S. Department of Treasury’s Bureau of the Fiscal Service explains that when IRS Treas 449 appears in the company field on direct deposits of IRS tax...