Businesses that sell tangible personal property or provide taxable services in the state of Idaho must file Idaho Form ST-101. The form provides information about taxable sales and use taxes that are owed by the business. Generally, the form requires basic business information, including the legal name, address, EIN, and the reporting period (monthly, quarterly, … Read more
Delaware’s tax structure is very favorable for businesses. Its corporate income tax is a flat 8.7%, and no local taxes are added. Similarly, its personal income tax is lower than most states. It also does not have a sales tax or inventory taxes, which can save companies money. Delaware allows business owners to form an … Read more
California has many different business taxes and requirements. Partnering with a tax consultant can help you navigate the state’s requirements. They can provide insight into federal, state, and local business taxes. This can save you time and money during the filing season. All businesses are required to file a state tax return based on their … Read more
Colorado Form DR 1083 is a document that needs to be filled out by a non-resident individual, corporation, estate, or trust on the sale of any real property in excess of $100,000. Under state law, a withholding tax is imposed on such sales. This withholding tax is the lesser of two percent (2%) of the … Read more
Renewing your Arkansas vehicle registration is a straightforward process. There are several requirements to meet in order to complete the process, including maintaining liability insurance and paying property taxes. In addition, you must also have a valid state-issued title and registration and be the owner or legal representative of the vehicle being registered. You may … Read more
Arizona has several tax credits that allow individuals to direct their state income taxes to the charities and schools of their choice. These include two nonrefundable credits for Qualifying Charitable Organizations including Foster Care and public, charter and private schools and a credit for contributions to Certified School Tuition Organizations. These credits can be claimed … Read more
If you are a freelancer or an independent contractor, you should be aware of the California self-employment tax that you must pay. This tax is collected on a quarterly basis, and it covers Social Security and Medicare taxes. In addition to the standard 15.3% rate, there is a separate 2.9% levy for Medicare. This levy … Read more
The California seller’s permit is required for anyone who sells tangible personal property in the state. This includes retailers, wholesalers, and service providers. It is important for businesses to know the requirements for this permit so they can avoid fines and other legal consequences. Obtaining a seller’s permit is easy and free in the state … Read more
If you plan to sell or transfer a vehicle in Arkansas, getting an odometer statement for the car is important. This is a document that provides a record of the current mileage on the car, and it can help protect you from fraud and other violations. Odometer statements are typically required by law in many … Read more
Business taxes are an important part of any company’s operating budget, and the state of Arizona has a number of industry-specific requirements. These include business licensing, workers’ compensation, and sales tax. In addition, companies that choose to have their profits pass through as S-corporations or C-corporations must file a corporate income tax return. Whether you … Read more