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What else can I help you with?
Income information for dance?
If you are paid to dance, you must report the income on your tax return. This includes the dollar bills that your customers stuff in your underwear.
What is the difference between a tax paid by buyers and tax paid by sellers?
the only difference between tax paid by buyers and tax paid by sellers is who sends the money to the government. Manga economics student
What is MED FICA tax?
MED tax is the tax that is paid to Medicare. FICA tax is the tax paid to pay for Social Security benefits.
When a customers account is paid the customers account is?
"credited".
Suppose that a local sales tax is 6% and you purchase a backpack for $24, how much tax is paid?
$1.44 tax paid
If the sales tax rate of 899.00 is 4.5 percent how much tax will have to be paid?
The total tax to be paid is $40.45. The total price with tax is $939.45
Journal entry of entry tax paid?
[Debit] Tax paid [Credit] Cash / bank
An indirect tax is a tax originally pad by the?
An indirect tax is originally paid by the consumer. For instance, when you pay sales tax on an item at the store, the tax is submitted by the store, but was originally paid by you.
What is a Best Buy Illinois sale tax refund?
A Best Buy Illinois sales tax refund refers to a reimbursement for sales tax paid on eligible purchases made at Best Buy stores in Illinois. Customers can claim this refund if they believe they were incorrectly charged sales tax or if the tax rate applied was higher than what should have been charged. To obtain the refund, customers typically need to provide proof of purchase and complete any required forms. This process helps ensure that consumers are not overpaying on sales tax.
What tax is paid by businesses only?
sales tax sales tax!
What is a tax based on the price of goods and paid at the time of purchase?
A tax based on the price of goods and paid at the time of purchase is a sales tax.
Is income tax a current liability or an expense?
Accrued income tax (Income Tax Payable) is a current liability. When the tax is actually paid it is reported on the income statement as Income Tax Expense.
