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...
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...
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...
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...
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...
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...