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Cases from the internal revenue service are often heard by the?
the U.S Tax Court
How much do motor vehicle crashes cost american tax payers?
1.2 billion dollars a year!
Can you charge sales tax on labor in Florida?
In Florida, charges for repairs of tangible personal property needing only labor or service are not taxable.
Are you required to pay sales tax on labor in Florida?
I can not speak for all professions but as a business owner I do know about the automotive industry. If any part is used in a repair then you do pay tax on the total bill. If you had your door hinges lubricated then you pay tax as there was a lubricant used and it stays on the car. If you had your Cooling system tested and no parts or fluids were used then you do Not pay tax on the labor. Also there is no tax on wrecker service. Repair Labor Only Charges for repairs of tangible personal property needing only labor or service are not taxable. The dealer must keep documentation to prove no tangible personal property was joined with, or attached to the repaired item. The sales tax and surtax apply when parts are used in the repair even if the parts are provided at no charge
Is county and township tax the same as local tax?
no country and township tax is not same as the local tax
Is the cost of tax preparation service tax deductible for persons with disabilities or other situations?
The cost of having your tax forms prepared is tax deductible on line 22 of schedule A, only to the extent that it and other un-reimbursed expenses exceed 2% of your adjusted gross income.
Is tax preparation tax deductible?
Yes. Tax Preparation does lies under business investment thus, is tax deductible.
Are the costs of tax preparation tax deductible?
No, they are not.
What is the COGS in the tax preparation industry?
Cost of Goods Sold. If I'm manufacturing a product, this cost is entirely tax deductible and so must be tracked and documented.
Are the tax preparation expenses deductible?
Yes. If you itemize your deductions.
Why is the after-tax cost of debt rather than the before-tax cost used to calculate the weighted average cost of capital?
Because interest expense is deductible. Because interest expense is deductible.
What are the names of some income tax preparation service providers?
Tax Act is one tax preparation service that is very quick, accurate and easy to use. Turbo Tax is another service that is very good as well.
Can you file car tag deduction on income tax?
It depends. If your car tags are an ad valorem tax, that is, the cost is based on the value of your car, then that cost is a deductible personal property tax. If all passenger cars pay the same flat fee for tags, then no, the cost is a fee, not a tax, and is not deductible.
Can junk car removal be tax deductible?
Yes, junk car removals can be a tax deductible service, depending on the reason it is being done. If it will be given to a charity it can be deducted.
What are some catchy slogans for tax preparation?
The most effective slogans for tax preparation display a company as trustworthy, knowledgeable and cost-effective. A few examples include " We're not lax with tax" or "Swift, Affordable Tax Preparation" or "Tax Preparation with Your Needs in Mind."
Why do you use an after tax figure for cost of debt but not for cost of equity?
Because interest is a tax-deductible expense for the firm, but dividends paid to shareholders are not.
Is long term disability tax deductible?
Yes, If you look under your medical deductions. Any reputable company will send you a cost analysis of what you have spent in "premiums" for the year. Take this to your accountant or tax prep service.
