In Indiana, marshmallow crème is exempt from sales tax but marshmallows are not. Candy is taxable in Indiana and marshmallows are considered a candy because they are a preparation of sweeteners and flavorings in the form of pieces.Refine Results Search by a keyword or select a topic below. ...
In Indiana charitable organizations’ exempt from federal income taxes are automatically exempt from corporate income taxes. HOW TO OBTAIN INDIANA STATE’S SALES TAX EXEMPTION: FileForm NP-20A, together with a copy of the IRS determination letter. ...
A Physical Inspection of a Vehicle or Watercraft (Form 39530), if applicable. A Certificate of Gross Retail or Use Tax Paid (Form 48842) or proof of paying sales tax. A Certificate of Gross Retail or Use Tax Exemption (Form 48841), if exempt from paying sales tax. Proof of address, in...
Form a Nonprofit in Indiana Choosing to form a nonprofit involves many of the same steps as a corporation or LLC; however, with this business structure, you can apply for tax exemption, otherwise known as 501(c)(3) status, through the IRS. File a Name Reservation Name Your Nonprofit Choos...
Over $100,000 in gross revenues from sales into Indiana. This figure includes sales that are typically considered tax-exempt Over 200 separate transactions into Indiana Many states have adopted provisions that echo Indiana’s nexus laws. Determine as soon as possible how taxation will occur in va...
It's one thing to threaten to remove tax-exempt status for churches and schools; it's another thing for those schools and churches and synagogues to continue to take government funding and not expect that funding to be vulnerable to the shifting cultural and political winds. The only way to...
Hoosier Classic Sale Complete The second session of the 2024 Hoosier Classic Yearling Sale is now complete. Over the course of the two-day sale, 342 yearlings are offered for gross sales of $7.9 million. The $23,123 average established a new record for the Hoosier Classic, up from the $...
LLC - Form an LLC to separate your personal and business assets for liability protection. DBA - Register a DBA if your cart name is something like "Mikey's Choice Wieners" rather than your real name. Seller's permit - Required to legally collect and remit sales tax on any hot dogs sold...
Finally, the taxpayer argued that conveyor belts used for scrap metal removal should be considered tax exempt. During the manufacturing of steel plates, a portion of the raw metal is cut away and considered scrap. The scrap metal travels down a system of conveyor belts ...