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What is the difference between sales tax and VAT?

ThomsonReuters

Before the 2018 South Dakota v. VAT collection is required under the following circumstances: Permanent establishment – Existence of a facility, bookkeeping facilities, or ability to enter contracts. What triggers the tax administration requirement? Sometimes a specific activity triggers a VAT registration obligation (e.g.

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How to Expand a Business to Another State

CPA Practice

Since the Supreme Court ruling on the South Dakota v. Nellie and her team recently launched a partner program for accountants, bookkeepers, CPAs, and other professionals to help streamline their clients’ business incorporation and compliance process. Is There Nexus? More info at: CorpNet.com/partners.

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Mastering U.S. Federal Payroll Compliance

CPA Practice

million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions. million – $4,999,999 $5 million – $10,000,000 Over $10 million Consent Policy (Required) By downloading this content, you agree to our Terms and Conditions.

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Starting an eCommerce Business? Bookkeeping Basics You Need to Know

xendoo

Just like a traditional brick-and-mortar business, your eCommerce business needs a good bookkeeping system for essential functions like tracking revenues and expenditures and filing tax returns. If you opt for manual bookkeeping, you’ll need to import all your information from your bank account into your ledger.

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How SUI and State Income Taxes Affect Small Businesses

CPA Practice

Plus, currently, nine states do not levy a state income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming, although Washington does impose a state capital gains tax. Some states have a progressive tax rate based on salary, while others charge a flat SIT rate.

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Eliminate Manual Work and Accelerate Accounts Receivable

CPA Practice

Email (Required) Number of Employees at Your Firm (Required) Number of Employees at Your Firm Sole Proprietor 2 To 4 5 To 9 10 To 19 20 To 49 50 Or More Full Name (Required) State / Province (Required) State / Province Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas (..)

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SMB Tax Complexity Preserves Role For The Human Accountant

PYMNTS

Last year, the Supreme Court’s ruling in South Dakota vs. Wayfair Inc. “The future of bookkeeping will be automated,” he said, but added that small businesses are not interested in bringing that automated process in-house.

Tax 77