Today TaxMama hears from Toni in the TaxQuips Forum, who tells us. “I’m doing my own partnership taxes and am confused about entering information. In 2009, I bought, fixed up and sold 2 properties. [and Toni adds lots of details. ] I’m confused because I’ve added the gain twice from Form 4797. What am I […]
Tag Archives: Sales taxes
Today TaxMama wants to tell you about the upcoming tax holidays in your neck of the woods.
Today TaxMama wants to talk to you about feeling helpless in the face of encroaching laws and rules. In the course of what I do and what I write, I encounter ever more legislation and more complex procedures constricting our lives. And people. Sometimes the despair radiating from people caught in the sticky web of […]
Today TaxMama hears from K in the TaxQuips Forum, with a common kind of question. “I own a veterinary clinic that provides discounted services to certain non-profit rescue groups. I have well documented records showing the amount the services would cost at regular price and the discounts that were given. Is there a way to […]
Today TaxMama hears from Dottie in Massachusetts with this question. “Does the maximum personal residence exclusion apply to someone who inherited a home, had it for 370 days, sold it for a long-term capital gain and received a K-1?buy viagra generic https://viagra4pleasurerx.com over the counter He and his dad had lived in the home for […]
Courtesy of the IRS [TaxMama note: This is one of the top questions businesses should be asking, but rarely do!] You may choose any recordkeeping system suited to your business that clearly shows your income and expenses. Except in a few cases, the law does not require any special kind of records. However, the business […]
Today TaxMama hears from Milton in Florida with this question. “I’m trying to gather all my General Sales Taxes together. I’m also liable for a Florida Power & Light Co. utility bill in which they itemize a cost to me from something called a Gross Receipts Tax. Can I lump this in with my state […]
Today TaxMama hears from Sam in Texas who asks. “A construction company pays sales tax when it purchases items from places like Home Depot.buy furosemide online healthcoachmichelle.com/wp-content/languages/new/online/furosemide.html no prescription Everything it buys is used in customer’s homes, like carpets that are installed and then billed to the customer.buy wellbutrin Canada https://langleyrx.com/wellbutrin.html no prescription Does this […]
Today TaxMama hears from Mark in New Jersey, who’s upset , “I just got a letter saying NJ wants $535.00 in tax on cigarettes that I bought for my wife online in 2003. Is there a time limit on my obligations for these taxes? Am I really liable to have to pay this much money? […]
Today TaxMama hears from Dave in New Hampshire, who asks. “I am a New Hampshire resident, and traveling to the West Coast. I’ve heard that in other states, such as Washington, New Hampshire residents do not have to pay sales tax. Is this true for all other states? If so, what do I do to […]
Today TaxMama hears from Dixon from Louisiana asks, “Could you advise if a company or business in the state of Louisiana is required to pay sales tax on Internet purchases?”