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Is executor fee in NJ taxable?
Yes, the executor fee in the state of NJ is taxable. However, it is only 5% taxable and up to $200,000 dollars.
How does a retainer fee work in construction?
Nope.... Can only really ask for 10% upto $1,000.00 before work startes. CA
How much would a Income Tax Attorneys cost?
Income tax attorney fees vary. Some attorneys will charge a flat rate for a specific service, for example an attorney may charge a fee of 5% of your debt. However, it is more common for attorneys to charge an hourly fee on top of requiring a retainer. On average, one should expect to pay a retainer of $1000-$2000 and an hourly fee of $200-$250.
What is the accounting entry for the retainer fee?
These links provide a little insight. www.mncourts.gov/lprb/91bbarts/bb1191.html www.mncourts.gov/lprb/fc01/fc061101.html
What do you mean by retainership basis?
The term "retainership basis" refers to the payment of a fixed yearly or monthly fee to a service provider who is not actually an employee of the company paying the fee. The retainer ensures that the company involved is able to utilise the service provider on a "need to" basis.
What is the journal entry to record a retainer fee?
Debit retainer fee expenseCredit cash / bank
What is an annual retainer fee?
An annual retainer fee is a flat fee that a client pays in advance to retain the services of a professional, such as a lawyer or consultant, for a specified period of time. This fee ensures priority service and availability throughout the year.
Is executor fee in NJ taxable?
Yes, the executor fee in the state of NJ is taxable. However, it is only 5% taxable and up to $200,000 dollars.
The fee is paid to an attorney to engage their services is called?
a retainer fee
Is hazmat fee taxable?
Yes
What if your broker is requiring a retainer fee?
Lose them............fast.
Is a service fee taxable?
This answer depends on the laws in your area or the area/location you are asking about.
Does an independent administrator who is paid a fee for an estate have to pay taxes on that fee?
Taxable gross income includes professional fees paid to you.
How can I find a good product liability lawyer that doesn't require a retainer?
The best thing to do is to look in your local newspaper. It will have a listing for all the lawyers in your neighborhood and it will show on the ad if they have a retainer fee or not.
In Ohio can they tax a doc fee on a used car purchase?
Yes, the Doc Fee is actually nothing more than extra dealer profit and as such is taxable.
As an executor of an estate you received money do you pay taxes on it?
The fee paid to the executor is considered taxable income.
Is an executor fee taxable?
It is considered income. That means it is subject to city, state and federal income tax.
