History, Politics & Society
Taxes and Tax Preparation
What is a pull tax?
November 09, 2010 1:59AM
I believe you mean a "poll" tax, which was a tax on voting, basically...
Asked in Taxes and Tax Preparation, Sales Tax
Are eyeglasses exempt from sales tax in Arizona Why do some place charge sales tax and yet others do not?
Is there a gift tax if deeding house to child before death?
What are the effects of a corporate tax on the Weighted Average Cost of Capital of a business?
Only when interest paid on debt is allowed to be tax deductible that a corporate tax will help pull the WACC down. This is because we used an after-tax rate for cost of debt in calculating WACC. And by using the after-tax rate we are assumming that the government allows companies to use interest paid on debt reduce their income tax obligations, hence creating a tax-shield benefit for adding debt. From Peerawich
Asked in Income Taxes
Who do I contact for getting my unclaimed money?
Asked in Business & Finance
What are the four taxes that our governments collect?
Asked in Taxes and Tax Preparation
Does personal return have to reflect Corp return loss?
Help with QB assigned tax line?
Quickbooks has a feature where you can automatically assign an income or expense item to a particular line on the tax return. This is only useful if you plan on directly importing your Quickbooks file into a tax program like TurboTax. It's an attempt to automate the process of preparing the tax return. If you really want to figure out what line would be best, pull out a copy of the tax form you file and see what looks the most applicable. Personally, I'm not a fan of trying to automate this though...