Whether you have to pay taxes on the sale of your car mainly depends on how much you sell it for. If you sell a used car for less than its original purchase price plus any long-term improvements,the buyer may have to pay sales tax on the purchase,but you won't incur a tax obligat...
Excise tax is a flat-rate tax levied on the sale of specific goods, services, and activities. It's a form of indirect taxation, which means that it's not paid directly by the consumer. Instead,excise taxes are imposed on the producer/supplier, who include it in the product price. ...
Advice on credit, loans, budgeting, taxes, retirement and other money matters. You May Also Like Presidents Day Sales Look for major discounts on big-ticket items like mattresses, jewelry, electronics, appliances and furniture. Erica SandbergFeb. 13, 2025 6 Tax Scams and How to Avoid Them...
A Consumer’s Guide to Buying a Used Car Buying a car is a big decision. Cars are so vital to our daily lives. Most people depend on them to get to work, and many workplaces won’t hire you if you don’t have reliable transportation. That means an unreliable vehicle can actively th...
Sales Tax Sales tax is dependent on the state in which you conduct business. Businesses that sell goods and services often need to pay a sales tax in their state. However, there are sometimes exclusions for things like food, medicine, clothing, utilities, and newspapers. Before you conduct bu...
States will be able to force more people topaysales tax when they make online purchases under a Supreme Court decision Thursday that will leave shoppers with lighter wallets but is a big financial win for states. 2020年考研真题(英语一)翻译 Section Ⅲ ...
Presidents Day Sales Look for major discounts on big-ticket items like mattresses, jewelry, electronics, appliances and furniture. Erica SandbergFeb. 13, 2025 6 Tax Scams and How to Avoid Them Thieves take advantage of news events and your desire for a big tax refund to steal your identity...
Now, every recent president has favored some tariffs. The Biden administration, for example, maintained some of the tariffs from Trump's first term, and imposed its own 100% tariff on Chinese electric cars. But these tariffs have always targeted particular categories of products. "An across-the...
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The federal government adds various amounts to everyday charges, like the communications tax which adds fees to your monthly phone bill. Firearms and ammunition tax Whether you hunt for sport, carry a concealed weapon or just own personal firearms, you’ll pay a federal tax on the sales pric...