Summer is here, butback-to-school shopping seasonis already upon us – and so are states’ tax-free weekends. Below, you can check to see if your state is hosting a back-to-school tax free weekend this year, and if so when that tax-free weekend takes place. We’ve rounded up all ...
you must fileForm 4868. An extension of time to file is not an extension of time to pay. You may be subject to a late payment penalty on any tax not paid by the original due date of your return.
If you’re a merchant who sells within the United States, sales tax due dates can be an unwelcome wake-up call, especially if you’re new to the world of US sales tax. Between the different sales tax rules for each state, the new laws for out-of-state ecommerce sellers, and the pe...
Confused about Tax Day and when the deadline for submitting your taxes is? Learn everything you need to know about submitting your taxes on time here!
Though most home-sale profit is now tax-free, there are still steps you can take to maximize the tax benefits of selling your home. Learn how to figure your gain, factoring in your cost basis, home improvements and more.
Similarly, Louisiana residents pay the third-highest sales tax rate even though the state ranks 47th in the overall burden it places on residents. This is possible because those states lean heavily on sales tax while forgoing other types of taxes: Tennessee has no income tax, and Louisian...
As a W2 wage earner, there's really no way around this enormous annual tax bill. Due to the SALT (State And Local Tax) limit of $10,000, high-income earners in high income tax states such as California, New York, New Jersey, Connecticut, Oregon, Minnesota, and Iowa lose out. Before...
Who needs to pay US sales tax? In the United States, sales tax is triggered when a customer makes a retail purchase. Customers are responsible for paying US sales tax, but sellers are responsible to collect and file correct taxes to the relevant state or local jurisdiction. ...
Washington West Virginia Wisconsin Wyoming However, if your business is located in an origin-based sales tax state and you make a sale to a customer in your state, you’ll charge sales tax—including any state, county, city, or district tax rates—based on your business’ location. For exa...
Harlem is also part of an "empowerment zone"-a federal designation aimed at fostering economic growth that will bring over half a billion in federal, state, and local dollars. Just the shells of once elegant old brownstones now can cost several hundred thousand dollars. Rents are skyrocketing....