You are responsible for personal and business taxes as a small business owner. There are two types of taxes: direct and indirect. What differentiates these two groups? Indirect and...
Posted by Dennis Jao on 06/24/2022
Indirect business taxes, sometimes referred to as hidden taxes, are taxes that can be passed on to customers by being incorporated into a higher price. They are not added to the price...
Posted by Abundant Wealth Planning LLC on 01/01/2022
As a small business owner, you want to know the type of taxes you should pay, and an excise tax is one of such taxes. Excise taxes are the extra tax added to particular products or...
Posted by KLSM CPA Firm PLLC on 10/09/2021
Excise tax has to do with selected goods and services. The tax applies to businesses that manufacture or distribute chosen goods and services. While a consumer will not be billed for...
Posted by Dennis Jao on 09/09/2021
A sales tax is a consumption tax exacted by the government for the sale of goods or services. An established sales tax is levied at the store, collected by the retailer, and sent to...
Posted by Tim Thompson CPA PLLC on 07/16/2020
Excise Taxes or sin taxes are charged on services or products that are not categorized as good products for environment and consumers. The common products that may include excise taxes...
Posted by Tax Solutions & Accounting Services on 05/18/2018
Taxes, taxes, and more taxes. While a tax preparer may have a good grasp on all of this, that’s not necessarily the case for the rest of us. We have federal tax, state...
Posted by Valderas Financial Solutions LLC on 03/14/2018
