NOTE: PLEASE CONSULT A TAXATION EXPERT FOR YOUR QUERIES. THE BELOW CONTENT IS FOR GENERAL UNDERSTANDING AND IS NOT THE FINAL VERDICT Before starting you must know what LLC is in terms of the Tax System. An “LLC” Limited Liability Company is a …
DIFFERENCIATION BY EXAMPLES Limited Liability Company A Limited Liability Company (LLC) is a business structure allowed by state statute. Each state may use different regulations, you should check with your state if you are interested in starting a Limited Liability …
What is a sales tax license? A sales tax license, also known as a sales tax permit or registration in some states, is an agreement with the state tax agency to collect and remit sales tax on items sold by …
An EIN number is a key part of owning a business. There are several big reasons why you need an EIN number for your company. The same way a U.S. Citizen has a Social Security Number so the government can …
A sales tax is a direct tax on consumption that many states and local governments impose when you purchase goods and services. The amount of tax you pay is typically figured as a percentage of the sale price. As of …