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Can you take the difference off taxes between what the IRS pays for gas mileage and what your company pays?
Wiki User
∙ 15y ago
You can in the UK
Wiki User
∙ 15y ago
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What is difference between company and non-company in direct taxes?
Company and non company
The difference between direct taxs and indirect taxs and give examples of each?
The difference between direct taxes and indirect taxes with examples is that direct taxes come directly from a person's income or personal property taxes. Indirect taxes comes from sales and excise taxes.
What is the difference between operating income and net revenue?
operating income refers to "net" profits. The amount of money a company has after all overhead and taxes. Revenue is the sales for a company from goods sold or "gross income.
What is the difference between gross payment and net payment?
Gross = Before TaxesNet= After Taxes
What is the difference between a W2 and a W4 form?
The W$ form is your request for the withholding of taxes from pay. The W2 is a statement of wages paid and taxes withheld.
What is difference between company and non-company in direct taxes?
Company and non company
The difference between direct taxs and indirect taxs and give examples of each?
The difference between direct taxes and indirect taxes with examples is that direct taxes come directly from a person's income or personal property taxes. Indirect taxes comes from sales and excise taxes.
What is the difference between operating income and net revenue?
operating income refers to "net" profits. The amount of money a company has after all overhead and taxes. Revenue is the sales for a company from goods sold or "gross income.
What is the difference between death tax and estate tax?
Inheritance taxes and estate taxes differ only in who pays and to whom the tax is paid. Learn the differences between inheritance and estate taxes.
What is the rates for mileage for travel when gas is reimbursed?
The rate for mileage and for gas are completely different and is dependent upon the company in which you work. Gas is considered an expense and as such receipts for gas should be submitted to your company and you should be reimbursed for the actual amount of gas purchased if they don't pay mileage. Mileage includes everything from gas to wear and tear on your vehicle and the insurance you pay on your car. The current dollar rate per mile in the U.S. is 48 cents. That's also the amount you can claim on your taxes if you're not paid for gas or mileage by the company.
What is the difference between income taxes and payroll tax?
Income taxes are used for a wide variety of government activities while payroll taxes pay for specific programs.
What is the difference between gross payment and net payment?
Gross = Before TaxesNet= After Taxes
What is the difference between the stock transfer between two plants belonging to same company code and those belonging to different company code?
stock transfer btw two plants under same comp code is when you are debting stock from one SLoc to another... but under diff company code you are tranfering inventory and liability from one company to another and this is where company has to pay taxes accordingly!!!
What is the difference between Income Tax and Provision of Income Tax?
Provision for income tax refers to the line item in the profit and loss statement. Income tax is a broad term and could mean current taxes (taxes actually payable to Government), Tax expenses/provision for tax- taxes reported in the P&L or deferred taxes (difference between current taxes and tax expense).
What is the federal mileage allowance for volunteer work?
The federal mileage allowance for volunteer work if $.14 per mile. All mileage can be claimed when filing your taxes.
What is the difference between a W2 and a W4 form?
The W$ form is your request for the withholding of taxes from pay. The W2 is a statement of wages paid and taxes withheld.
What is the difference between a tax and a tariff?
Taxes are collected internally while tariffs are collected on imports.
