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I didn't know how messy the AZ sales tax code is even though I actually deal with it occasionally... According to this table on the AZ gov site, the county sales tax is the 3.25% (the $10.50 in the la …

It depends on the State law, but in most sales tax is applied before any discount by the merchant, but after manufacturer's discount. However, Groupon voucher in this case is not a discount, it is a …

The apples on your receipt are EBT eligible, per the Walmart online website. You should not have been charged sales tax, as per the Florida dept. of Revenue guidance. I don't think it's "fraud" (as yo …

The tax is usually calculated per receipt, and rounded to the nearest cent. The business remits all the taxes collected. Rounding up and down averages out over multiple purchases, so in the long term …

Of course. The rationale is exactly the same as always: profit is taxed. The fact that you use intermediate barter to make that profit is irrelevant. To clarify, as it seems that you think it makes a …

My math differs $2.55 X 1.075 = 2.74125 --> Rounded: $2.75 I round 2.74125 to 2.74. Why are you rounding up if it's less than half point? Usually, amounts are rounded half-up. In fact, in your exa …

It doesn't matter at all. If you don't pay sales tax - you have to pay use tax. If the CA sales tax is lower than WA - your use tax would cover the difference.

As I have not lived in this home for 2 of 5 years I believe i may be liable for Capital Gains Tax, does this still apply even if we purchase a "like kind" property in another State? You're talkin …

The way VAT works is that you pay the tax on the whole value of the services and goods, and the provider pays the difference between what they paid and what they got from you to the tax agency. So whi …

Estimate is based on your income and location. The exact amount is based on... the actual sales tax you paid. So, if you kept all the receipts and can prove your numbers - use the actual numbers.

First - get a professional tax consultation with a NY-licensed CPA or EA. At what point do I need to worry about collecting sales taxes for the city and state of New York? Generally, from the …

Yes you do. You're under the jurisdiction of at least one country where you're resident, or where you're citizen. You may be under jurisdiction of more than one country. Each country has its own laws …

A non-resident alien is only allowed for deductions connected to producing a US-sourced income (See IRC Sec. 873). Thus you can only deduct things that qualify as business expenses, and State taxes on …

Can doing this get me in trouble later ? Or will it be just the buyer because its the buyers decision or idea ? Definitely can, and not just the buyer since you're signing this thing as well. T …

The IRS guidance refers specifically for payments from the state, not refunds of taxes paid. In that regard, the 2022 Colorado cash back based on SB 22-223 is covered, but annual tax refunds are not. …