How to Calculate Texas Franchise Tax
Businesses with annual revenue above $2,470,000 are required to file a franchise tax report.
Cloud Computing and Support for Canned Software is Taxable in Pennsylvania
Cloud Computing and Support for Canned Software is Taxable in Pennsylvania The Pennsylvania Board of Finance and Revenue recently reviewed petitions from One Market Data LLC, which contested the revocation of its sales tax license and the assessment of taxes, penalties, and interest for the period between January 2020 and December 2022. The company argued […]
Ohio Board Rules True Object Determines Taxability of Services
Ohio Board Rules True Object Determines Taxability of Services CheckFree, a financial services provider in Ohio, sought a refund of over $2 million in sales and use tax paid between July 1, 2011, and June 30, 2015, arguing that its payment authorization and bill payment services are not taxable in Ohio. The Department of Taxation […]
Texas Car Dealer Deferred Sales Tax Attorney
The deferred sales tax law enables buy-here-pay-here (BHPH) dealers to pay sales…
Texas Sales Tax for Imported Goods in Bonded Warehouses
The Texas Comptroller of Public Accounts has issued a letter ruling outlining the…
What is IRS backup withholding tax for contractors
What is IRS backup withholding tax for contractors When you have contractors that worked for your business, you need to issue a 1099 when paying them more than $600 dollars. However, you as the business owner can be liable for their tax. When the contractors do not have a taxpayer id number such as a […]
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Is there sales tax on labor for residential rental property repairs in Texas
Is there sales tax on labor for residential rental property repairs in Texas…
U.S. sales tax audit for Canadian companies
U.S. sales tax audit for Canadian companies A U.S. sales tax audit for Canadian companies involves ensuring that the company has complied with the sales tax requirements of the state in which they are conducting business. Here are some key points to consider: 1. Nexus Determination: 2. Sales Tax Registration: 3. Collecting and Remitting Sales […]
Texas Contractor Sales Tax Flow Chart
If you are a contractor in Texas and you are wondering whether or not you owe sales…