Professional services:Not to be confused with business services, these include services performed by accountants, architects, engineers, lawyers and medical professionals. Property services:These include services that are applied to physical goods, such as installation or repair services, as well as prope...
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In the US, most physical goods are taxable, with a few exceptions, such as food and medical items. In addition, many US states also consider digital goods and other SaaS offerings to be taxable. Until recently, the majority of states did not require businesses to charge sales tax on servic...
Professional services:Not to be confused with business services, these include services performed by accountants, architects, engineers, lawyers and medical professionals. Property services:These include services that are applied to physical goods, such as installation or repair services, as well as prope...
well as the due date. Due dates vary, and the frequency with which businesses must file a return may also vary. In general, large companies with a higher tax liability will often file more frequently (monthly), and smaller companies may only be required to file bi-monthly or quarterly ...