A purchaser still has a use tax responsibility if they did not pay a sales tax to the seller. Use tax acts as a mirror of sales tax. Both tax rates are considered as 7% in Indiana(US). For example, you do not owe use tax if you paid 7% sales tax at the purchase time. ...
Since Indiana has a flat tax rate of3.23%for 2022, borrowers can multiply that percentage by either $10,000 or $20,000 for an estimated $323 or $646 of state tax liability, a spokesperson for Indiana's Department of Revenue said. However, Indiana residents may also have to pay county t...
Small business grants: The biggest benefit of using grant money is that you won’t have to pay it back. A good place to begin looking for grants and eligibility is on the grants for community organizations page of the U.S. Small Business Administration website. Alternatively, you can check...
Below you’ll find each state (that has sales tax!) and the information you need to file your sales tax returns correctly.
Sales tax is a type of indirect tax. Indirect taxes apply to the sales of goods or services paid for by the customer to a business, which in turn has to pay the tax collected to the state or other local tax authority. This is why sales tax is often referred to as a “pass-through...
to year and is calculated by adding 2 percent to the state's investment yield. As of February 2011, the interest rate for underpayment of Indiana taxes is 9 percent. The total amount of interest you owe starts from the day the tax is overdue, until the day you actually pay the tax. ...
If you're spending more to grow more, they stand to earn more on their investment. Don't be afraid to amp up burn rate if it'll pay off in the future. Prioritize low burn rate if you're operating to "stay afloat". Established businesses that aren't generating a profit should likely...
to pay for college when in fact the EFC is just an index number provided by the federal government. “Many schools will charge you quite a bit more than your EFC, while some will charge you quite a bit less. Folks confuse the two. It is important to recognize th...
Idaho and Indiana are championing this effort! Is this fair? Heck no! Unfortunately, it is out of our hands what our governments decide to do, while in the mean time, you better act fast before they STEAL your money no matter where we are from. One thing is certain! YOUR unclaimed mon...
by funding construction and other investment activities that could take several years to complete; and providing temporary tax relief for individuals and businesses—such as by raising exemption amounts for the alternative minimum tax, adding a new Making Work Pay tax credit, and creating enhanced de...