If a non-resident earns income in Vermont, they will have to file a state tax return and pay taxes on the wage income. This is the same as if they earned the income in New York. However, the non-resident will not have to report interest income to the state of Vermont. Non-residents must also pay … Read more
A Virginia resale certificate is a document that allows you to buy goods tax-free for resale in the state of Virginia. You must present this to the vendor you are buying from, and they will verify that you meet all of the qualifications for making a sales-tax-free purchase. A resale certificate must be used only … Read more
Managing state exemptions can be a significant burden on nonprofit organizations. It requires a significant amount of staff time and money. The state of Virginia has a wide variety of tax exemptions for goods and services. These are designed to encourage economic development and create jobs. However, it is important to note that not all … Read more
Washington’s capital gains tax is a 7% excise tax on individual long-term capital assets above $250,000. The tax applies to individuals only. Individuals owing a tax are required to file a Washington capital gains return, along with their federal income tax return for the same taxable year. Individuals may also request a filing extension for … Read more
A Washington Reseller Permit is a state-issued permit that allows businesses to buy goods and services for resale without paying sales tax. The permit also acts as a sales tax exemption certificate for the buyer. The permit is not to be confused with a Washington Sales Tax Number used by the business to collect and … Read more
When starting a new business in Wisconsin, it is important to consider the appropriate organizational structure for your company. This includes determining whether you want to operate as a sole proprietorship, partnership, LLC, or corporation. A Wisconsin small business development center or a qualified attorney can help you determine the best organizational model for your … Read more
There are a number of different types of Wisconsin LLC Taxes. These include the following: In Wisconsin, LLCs are required to pay state business taxes. These are a type of income tax that is levied on the company’s profits. They are typically filed with the Department of Revenue. In addition, if the LLC has employees, … Read more
Generally, anyone making retail sales during a special event must obtain a Colorado Special Event Tax license. This includes vendors at a craft fair or other temporary retail events. However, an organizer of a special event may choose to obtain a license and collect state and local sales taxes on behalf of the sellers at … Read more
About 6.3 million people in California use Medicare as their primary health insurance provider. The majority of these individuals are enrolled in Original Medicare (Part A and Part B), but there are also about 1.7 million enrolled in Medicare Advantage plans. Additionally, over 2.3 million people in California are enrolled in Medicare Part D prescription … Read more
Connecticut Medicare is available to seniors and disabled people who are at least 65 or have end-stage renal disease or amyotrophic lateral sclerosis (ALS). Most Medicare enrollees choose to enroll in Original Medicare Part A and Medicare Part B and a Medicare Advantage Plan (Part C). These plans offer different combinations of premiums, copays, and … Read more