Search results “State product tax”
How to Setup Amazon Sales Tax Settings
Sell on Amazon FBA? Here's how to set up your sales tax settings in Seller Central. Related links: * Detailed explanation of FBA Sales Tax - www.fbasalestax.com * How to Register for a Sales Tax Permit in Every State - https://blog.taxjar.com/how-to-register-for-sales-tax-permits/ * Product Tax Code FAQ - https://blog.taxjar.com/amazon-product-tax-codes-faq/
Views: 25096 TaxJar
How to set your tax settings in Amazon Seller Central
In this video, Seller Essentials shows you How to set your tax settings in Amazon Seller Central. How to Find and Use Tax Settings in Amazon Seller Central One of the more confusing parts of selling on Amazon.com is figuring out sales tax settings. This guide is meant to help you navigate the tax settings section, NOT to give you advice about how you should set up yours. Please consult with a professional if you don’t feel comfortable making the decisions we’ll talk about below. To get to the tax settings area in Seller Central, go over to “Settings” in the top right corner and hover over it until a menu appears. Select “Tax Settings” from the list. Here you will see three links under “Welcome to the Tax Manager” paragpraph. The first is a thorough overview all of the technical information about Amazon’s tax methodology. I would recommend that you or your CPA review this information. The second link is a list of all of the tax codes and the rules for each. We use the general tax code (A_GEN_TAX) and the general no tax code (A_GEN_NOTAX) for all of our products. If you are selling in multiple categories, you should probably read through the applicable tax codes to see if you need to use something else. Again, consult with a CPA if you have any concerns or questions. The third link is where you set your sales tax collection settings. This tells Amazon which of your customers they should collect sales tax from. There are two main modes of thought with sales tax collection, one asserting that you only need to collect sales tax for sales to customers in the state in which you operate, and the other asserting that you have NEXUS in every state where Amazon has a warehouse, and you need to collect taxes for sales to customers in each of those states. Consult with your CPA to see what you should do. To set your sales tax settings, click on that third link titled “View/Edit your Tax Collection Obligations and Shipping & Handling and Gift Wrap Tax Settings.” Here you have the option to set a default tax code if you’d like. We have ours set to A_GEN_TAX as most of our products are taxable. If we sell a non-taxable item, we include the A_GEN_NOTAX code for that item. Below that you will see all of the states listed. Consult with your CPA about what you need to click and fill in here, but this is where you select which states, counties, cities, and districts you want Amazon to collect sales tax in. You will need to have a state registration number for each state you select. On the right you will be asked to choose if you want tax to be collected on shipping and handling and gift wrap. Every state is different in their requirements, so be sure to check before selecting these options. For for more great tips, tools, and resources to help you run your Amazon business more profitably and more efficiently, make sure you check out selleressentials.com
Views: 17034 Seller Essentials
WooCommerce Taxes Tutorial
Apply taxes to your WooCommerce Website. In this tutorial I walk you you through the WooCommerce Taxes Settings in your Wordpress website. We will take a look at taxes per State, Reduced Taxes and Zero Taxes. How to apply certain taxes to certain products. Watch the complete Wordpress eCommerce Tutorial WooCommerce 2017 overhere: https://www.youtube.com/watch?v=V00AZ90fC7w
Views: 2732 Ferdy Korpershoek
How to Pay Sales Tax when Dropshipping: How to Collect Sales Tax for Shopify & Amazon
In this video you’ll learn how to pay sales tax when dropshipping, and how to easily collect sales tax for Amazon & Shopify. Get free 30 day trial to TaxJar: http://wholesaleted.com/go/taxjar Get free 10k/month ebook: http://wholesaleted.com/4-step Please note: this description contains affiliate links Apply for resale certificates: http://wholesaleted.com/go/resale-certificate/ Please note: This advice should not be used in-place of a qualified accountant. Anyone running any business should seek the advice of an accountant. Question: What taxes do I need to pay? 1) Income tax to your local governing body (if you live in Australia, you’d pay it to the Australian government, if you live in the USA you’d pay it within the USA etc). 2) Sales tax. In the USA, sales tax is collected by individual states, and NOT the federal government. You will usually pay a state tax + a local district tax + in some cases, a special tax. In addition, some states are origin based (you pay the sales tax rate based on where the item is being shipped from) and some are destination based (you pay the rate based on where the customer is based). Destination based in tricker because the rate you collect/pay is always changing. Question: Who has to pay sales tax when dropshipping - me, the dropshipper, or both? First, determine whether you or your dropshipper has nexus in a state. Nexus is a legal term which means that your business has a sufficient physical presence in a state that means you need to collect and pay sales tax within it. Based on this, you’ll fit into one of 5 scenarios: 1) Your customer is based in Oregon, Delaware, New Hampshire or Montana Congratulations! These states don’t have sales tax so neither you nor your dropshipper have any obligations to collect/pay sales tax for these customers. 2) Neither you nor your dropshipper have nexus in your customer’s state Neither you nor your dropshipper need to collect/pay sales tax on these orders. 3) Your dropshipper has nexus in your customer’s state, but you don’t. Some states will require that they collect sales tax. But, if you provide them with a resale certificate/license, this sales tax can usually be waived. 4) You have nexus in your customer’s state, but your dropshipper does not. You need to collect/pay sales tax on the orders, not your dropshipper. 5) Both you and your dropshipper have nexus in your customer’s state You’ll need to provide your dropshipper with a resale certificate/license. It means they can waive the sales tax on the order between the two of you, and then you’ll be required to collect it from the customer. Question: How do I get sales tax waived? If you’re eligible to have sales tax waived you’ll need to get a resale certificate/license to prove that you’re buying the items for the purposes of resale. SaleHoo have a great guide with links to how you can apply for each state’s resale certificate online: http://wholesaleted.com/go/resale-certificate/ Question: What is an easy way to collect sales tax? I recommend that you use a service called TaxJar. Get a free 30-day trial here: http://wholesaleted.com/go/taxjar For Woocommerce, they have a free plugin which when connected sets up your sales tax settings for you. For Amazon.com it connects to your account to easily create reports that makes submitting your returns easy. In addition, if you’re selling on Amazon I recommend setting up their Amazon Tax Service. Here is how you do it: Step 1: Login to your seller account. Step 2: Click on settings and click “Tax Settings.” Step 3: Click “View/Edit your Tax Collection and Shipping & Handling.” Step 4: Choose how to manage your Product Tax Codes. To make it easy, you can select “Use Default Product Tax Code.” Step 5: Specify your Tax Collection Obligations. TaxJar have a free cheat sheet you can download which tells you which boxes to tick. TaxJar also connects to your Shopify account to make reporting easy. And be sure to set up your sales tax settings under the “Tax” option. Under physical presence, type in the state you have nexus in. If you have a physical address tied to your nexus, type in the ZIP for it too, and save that entry. Do this for each state. Shopify will now automatically add sales tax to each purchase in the states you have nexus in. Question: How do I pay the sales tax? You will need to file a report with each state and outline how much money goes to each district, city etc. Because of all of the different district/special taxes this is a lot of paperwork. That is why I recommend you use TaxJar’s autofile feature, which will file and pay your sales tax returns for you in 37 states. Remember, you can get free trial here: http://wholesaleted.com/go/taxjar
Views: 123780 Wholesale Ted
Taxes on Producers- Microeconomics 2.11 ACDC Econ
I explain excise taxes any show what happens to consumer surplus, producer surplus, and deadweight loss as a result of a tax. Make sure to watch the section about tax incidence and who pays the majority of a tax.
Views: 537795 Jacob Clifford
Magento 2 - Setup Tax Rates, Zones, Rules Tutorial
This video teaches you how to work with the built in tax rates and rules. We go over configuration and setup of example country and state tax rates, rules and understanding of how Magento uses customer groups, product tax class associations and more.
Views: 5895 Astral Web Inc.
Importing Products Tax Free // eCommerce Tax
My Website ►http://www.codyhawk.com My company ► http://www.geekbuds.com Learn How To MASTER Private Label, Wholesale, Niche Websites, Amazon FBA and Brand Building at the FREELANCE WRANGLER ACADEMY: http://www.freelancewrangler.com/academy FREE Amazon FBA course: http://www.freelancewrangler.com/fba Learn Internet Marketing: http://www.mobileclickcode.com My Coaching Program ► http://www.projectreseller.com/work-with-cody More FREE eCommerce Training ► http://www.freelancewrangler.com MY VLOG: https://www.youtube.com/channel/UCJg00xW3fXTXCMIpvsF8VJQ Follow Me On Instagram ►http://www.instagram.com/c0dyhawk Follow Me On Twitter ► http://www.twitter.com/codyhhawk Like Me On Facebook ► http://www.facebook.com/codyhhawk ▼▼▼ More Details Below ▼▼▼ Music By http://www.bensound.com ***All videos on this channel are for entertainment purposes ONLY, before starting a business of ANY kind you need to seek your own business, legal advice. Cody Hawk and his affiliates are in no way responsible for you actions.
Views: 1869 Cody Hawk
(SAVING TAXES on LLC) What State to register your business for the LEAST TAXES
Breaking down state, federal, & gross receipts taxes for each states.. ONLINE RETAIL MASTERY ENROLLMENT ► https://beaucrabill.com/online-retail-home Secure your spot on thursdays webinar ► http://bit.ly/beaus-webinar SUBSCRIBE TO MY CHANNEL ► http://bit.ly/SUB-2-BEAU *FOLLOW ME ON SOCIAL MEDIA* Instagram ► http://bit.ly/beaus-instagram Twitter ► http://bit.ly/beaus-twitter Facebook Fan Page ► http://bit.ly/Beaus-FB Reddit ► http://bit.ly/beaus-reddit Podcast ► http://bit.ly/beaus-podcast Join my Amazon FBA Facebook Group ---► http://bit.ly/beaus-FBgroup *Amazon FBA Tools & Resources* Feedback Five ---► http://bit.ly/feedback5FREE (Free Trail) AMZ Analyzer ---► http://bit.ly/AMZ-Analyzer Payablity ---► http://bit.ly/Payability ($100 free credit) Ungating Service ---►http://bit.ly/Ungating-Service
Views: 905 Beau Crabill
How to Calculate Sales Tax
Watch more Buying, Spending, & Shopping Tips videos: http://www.howcast.com/videos/410861-How-to-Calculate-Sales-Tax The price on the tag is probably not the price you will end up paying. Follow these steps to determine how much your new purchase will really cost. Step 1: Determine the purchase amount Determine the purchase amount of the taxable items you will buy. Tip Subtract all coupons and discounts. Step 2: Determine the sales tax percentage Determine the sales tax rate percentage, which will vary state-to-state. Step 3: Turn the percentage into a decimal Turn the percentage into a decimal. Move the decimal place two spaces to the left of the number. For example 12.5 percent would equal .125 and 6 percent would equal .06. Step 4: Multiply the two numbers Multiply the purchase price and the sales tax decimal to calculate the sales tax amount. Tip Use a calculator if needed. Step 5: Add the tax Add the sales tax amount to the purchase price for the total amount due, and enjoy knowing what you paid before the cashier does. Did You Know? As of 2010, the state of California had the United States' highest sales tax rate at 8.25 percent.
Views: 91348 Howcast
How to Pay Taxes on Your Small Business
Watch more How to Do Your Taxes videos: http://www.howcast.com/videos/422992-How-to-Pay-Taxes-on-Your-Small-Business Step 1: Make estimated tax payments Make quarterly estimated tax payments to the IRS if your total tax bill in a given year will exceed $500. Estimated tax payments are due 4 times a year on April 15, June 15, September 15, and January 15. Tip Pay self-employment tax if your annual net earnings will be $400 or more. Step 2: File a tax return File an annual income tax return. The form you use will depend on how your business is organized -- whether it is a sole proprietorship, partnership, corporation, or limited liability corporation. Tip Keep tax-related documents for a minimum of 7 years. Step 3: Pay excise tax Pay excise tax if your business engages in qualified activities. For example, excise taxes are levied on certain trucks and buses used on public highways. Step 4: Withhold employment taxes Withhold employment taxes from the salaries of your employees. Employment taxes include withholding, employer matching, and unemployment taxes. Depending on the size of your payroll, employment taxes are due weekly, monthly, or quarterly. Step 5: Pay sales tax Register with your state's tax department and pay sales tax if your business makes a taxable product. Sales taxes are due quarterly or monthly, depending on the rules in your state. Most services are exempt from paying sales taxes. Step 6: Pay additional state and local taxes Pay additional state and local taxes that are applicable to your business. Consult your local government offices or a tax attorney to determine whether you are responsible for additional taxes. Did You Know? In 2008, tax revenues in the United States represented 26.9 percent of the total gross domestic product.
Views: 77778 Howcast
WooCommerce Taxes Setup: How To Get Your Taxes Automated!
You can Get The Plugin Here: http://www.darrelwilson.com/taxjar In This WooCommerce tutorial For Wordpress, I Will Show You How to setup your taxes for woocommerce automatically! In The past, i have shown you tutorials on how to setup woocommerce taxes but this plugin will now make it so all your taxes are automated and automatic! I really consider this one of the best woocommerce plugins for your wordpress website! If you are running an ecommerce wordpress website, think of the time and hassle you will save with this plugin. NOTE: Make sure to check this article to see if your state requires collecting taxes from different states. Some DO NOT! http://blog.taxjar.com/charging-sales-tax-rates/ To learn how to make this same exact website, you can visit my tutorial right here! https://www.youtube.com/watch?v=AVq0d2brXp8 Use the code DARREL At checkout to save 10%! for more tutorials like this or to learn how to make a wordpress website, feel free to visit my website at http://www.darrelwilson.com
Views: 10358 Darrel Wilson
When should I register for sales tax licenses in Amazon FBA states?
Most FBA sellers wrestle with the dilemma of when to register for sales tax permits in Amazon FBA states where they have stored their inventory. eCommerce sales tax expert and TaxJar CEO Mark Faggiano talks about the two most common approaches.
Views: 8061 TaxJar
TAXES FOR AMAZON SELLERS: What You Need To Know For Collecting Amazon Sales Taxes
FREE AMAZON FBA TRAINING: http://projectlifemastery.com/fba MuseMinded For Amazon Accounting: http://museminded.com While I was at the SellerCon event in Orlando, Florida I had the opportunity to interview Jeremiah Kovacs, the Founder of MuseMinded, which is an accounting firm for Amazon sellers.  A major obstacle for many e-commerce business owners is knowing how to manage their sales taxes. However, it's important that you understand the process as it has implications for your Amazon business. The days when Amazon sellers could sell their products, tax-free, has finally come to an end. Jeremiah is an Amazon sales tax expert. His mission is to empower Amazon sellers to overcome the financial corner of their businesses so that they can build their ultimate dream lifestyle. Are you ready to learn what you need to know about collecting Amazon sales taxes? If you already have an Amazon business or are thinking about starting one, this is an interview that you don't want to miss! ★☆★ VIEW THE BLOG POST: ★☆★ http://projectlifemastery.com/taxes-for-amazon-sellers/ ★☆★ SUBSCRIBE TO ME ON YOUTUBE: ★☆★ Subscribe ► http://projectlifemastery.com/youtube ★☆★ FOLLOW ME BELOW: ★☆★ Blog ► http://www.projectlifemastery.com Twitter ► http://www.projectlifemastery.com/twitter Twitter ► http://www.twitter.com/stefanjames23 Facebook ► http://www.projectlifemastery.com/facebook Facebook ► http://www.facebook.com/stefanjames23 Instagram ► http://projectlifemastery.com/instagram Instagram ► http://www.instagram.com/stefanjames23 Snapchat ► http://projectlifemastery.com/snapchat Periscope ► http://projectlifemastery.com/periscope iTunes Podcast ► http://www.projectlifemastery.com/itunes ★☆★ ABOUT PROJECT LIFE MASTERY: ★☆★ The Project Life Mastery YouTube channel is the place to be for motivational, inspiring, educational, and uplifting self improvement videos. You can also follow for videos about online business, Amazon, and making money online! ★☆★ MY PRODUCTS & COURSES: ★☆★ Life Mastery Accelerator ► http://www.lifemasteryaccelerator.com Online Business Mastery Accelerator ► http://www.onlinebusinessmasteryaccelerator.com Morning Ritual Mastery ► http://www.morningritualmastery.com Affiliate Marketing Mastery ► http://www.affiliatemarketingmastery.com Kindle Money Mastery ► http://www.kmoneymastery.com 24 Hour Book Program ► http://www.24hourbook.com Kindle Optimizer ► http://www.koptimizer.com ★☆★ MERCHANDISE: ★☆★ Mastery Apparel ► http://www.masteryapparel.com ★☆★ RECOMMENDED RESOURCES: ★☆★ http://www.projectlifemastery.com/resources If you found this video valuable, give it a like. If you know someone who needs to see it, share it. Leave a comment below with your thoughts. Add it to a playlist if you want to watch it later.
Views: 9588 Project Life Mastery
President Obama Asked About Tampon Tax By YouTuber Ingrid Nilsen
President Barack Obama had no idea that 40 U.S. states impose a tax on feminine hygiene products because, you know, they are “luxury goods." YouTube personality Ingrid Nilsen explains the situation. Check out the full White House interview with YouTube here: https://www.youtube.com/watch?v=Tjl8ka3F6QU Subscribe for more videos: http://www.youtube.com/channel/UCV3Nm3T-XAgVhKH9jT0ViRg?sub_confirmation=1 Like us on Facebook: https://www.facebook.com/ajplusenglish Download the AJ+ app at http://www.ajplus.net/ Follow us on Twitter: https://twitter.com/ajplus
Views: 66278 AJ+
How to Collect Sales Tax on Ebay
Sell on eBay? Here's how to set up sales tax collection in your eBay account. Included: A handy state sales tax rate chart for sellers who need to charge more than one sales tax rate. More Information: eBay Sales Tax Rates Chart - https://www.taxjar.com/ebay-tax-rates/ How to Set Up Sales Tax Collection on eBay (Blog Post) - https://blog.taxjar.com/sales-tax-on-ebay/ Collect and file sales tax the easy way with TaxJar - www.taxjar.com
Views: 9668 TaxJar
What Tax Do I Need to Pay when Dropshipping with Aliexpress?! [UPDATED VIDEO]
Worry no more! Learn what taxes you need to pay when dropshipping with Aliexpress. ►► Free $10,000/Month ebook: http://wholesaleted.com/4-step ►► Step-By-Step Dropshipping course: http://wholesaleted.com/go/thedropshipclub ►► TaxJar: http://wholesaleted.com/go/taxjar (affiliate link) ***TWO IMPORTANT DISCLAIMERS*** * Please note: I am not an accountant. Please do NOT use my advice in-place of an accountants. I always recommend that any new entrepreneur gets their own accountant. * This video only covers your tax obligations when dropshipping to customers based in the USA, as that is what we teach on this channel (how to start a store and then target USA-based customers). QUESTION 1: What Taxes Do I Need to Pay When Dropshipping? When you are dropshipping, there are two types of taxes that you may need to pay: ***Income Tax Obligations*** Everyone is required to pay income tax (unless you live in an income tax haven). You only need to pay income tax on the profit that you made from your store, not the total revenue. You pay income tax to the country that you live in. So that means that if you live in Canada, you pay income tax to the Canadian government. The same goes for Australia - if you live in Australia, you pay income tax to the Australian government. You do not live in the USA, then you do not pay income tax to it, even though you are selling to USA citizens. If you do live in the USA then you will be required to obey both the federal and state laws regarding income tax. ***Sales Tax Obligations*** While everyone is required to pay income tax to their local country of residence, not everyone watching this video will be required to pay sales tax. In the USA, you are only required to collect and pay sales tax to a state if you have “nexus” in it. Nexus is a legal term which means that you have a sufficient physical presence in a state that you now need to collect and pay sales tax within it. In the USA, the federal government does not require you to collect and pay sales tax. It is handled by each individual state. So to be required to collect and pay sales tax within one, you need to have a sufficient physical presence in that state (nexus). This means that if you live outside of the USA in another country (such as Australia, UK, India, Canada etc) then it is very unlikely that you have nexus in any USA state. That means you are not obligated/required to collect and pay sales tax on any orders made by USA customers. If you live in the USA, then you most likely only have nexus in a single state - the state that you live in. However, if you suspect you have a physical presence in another state, for example: * You rent/own property in another state. * You have a remote employee in another state. Then I would strongly recommend going to an accountant and talk to them to find out which states you do have nexus in. Question 2: How Do I Collect & Pay Sales Tax when Dropshipping? Once you know which states you have nexus in, you now need to collect sales tax on orders made by customers with shipping addresses within it. If you are using Shopify, setting your store up to collect taxes is very simple, and we have included step-by-step instructions within this video. Something important to note is that Shopify will automatically calculate taxes for destination based states, which is very helpful. A destination based state (such as New York) requires you to collect and pay sales tax based upon where the customer you’re dropshipping to lives, not where you live (in comparison to origin based states). This can get pretty complicated since each city/district has its own taxes! For example, in New York City, the sales tax rate is 8.875%. But in the city of Buffalo, the sales tax rate is 8.75%. You need to collect and pay the right sales tax for each order. What Shopify does is it will automatically calculate the correct tax based upon where the customer is - making this super simple. I also recommend using TaxJar (which automatically syncs with Shopify) as it will generate an automated report which will make paying sales tax much easier, plus they also have an auto-file option for most states which makes filing your taxes even simpler. Got any questions about paying taxes when dropshipping? Please ask them. We aren’t qualified accountants, but we’ll do our best to answer as many as we can.
Views: 39307 Wholesale Ted
Taxes for Amazon Sellers - 10 Most Frequent Questions Answered
Choose the best product to sell on Amazon with this FREE tool: 🔥https://justonedime.com/lm/product-research-evaluation🔥 💪🏼 We show you step-by-step, from A to Z, how to build a successful business on Amazon that works for you instead of you working for it.💪🏼 🔥 https://justonedime.com/coaching 🔥 Succeed on Amazon with 5 hours of weekly live coaching for an entire year, plus everything you need to utterly crush it on Amazon 👉🏻 https://justonedime.com/coaching 👈🏽 We are a growing network of entrepreneurs, impacting the world by helping those in need, investing in opportunities and new ideas, creating wealth, and living a life of meaning. ★ Follow us ★ ➜ Instagram: @sethkniep ➜ Twitter: @justonedime 🔥Beast up on knowledge 🔥 ➜ Just One Dime Amazon Warriors Facebook page: https://www.facebook.com/groups/jod.amazon.warriors/ ➜ Just One Dime Amazon Warriors iTunes podcast https://justonedime.com/itunes ➜ Just One Dime Blog: https://justonedime.com/blog If this video was helpful to you, please like, subscribe, and comment below! Subscribe here ➜ http://bit.ly/JustOneDimeSubscribe Should I be collecting taxes for my Amazon sales? Will Amazon report my income to the IRS? What tax forms do I need to fill out? In this video I answer the 10 most common questions Amazon sellers have about taxes. In my coaching program I go much deeper to help you get your Amazon store set up the right way for tax compliance.
Views: 38365 Seth Kniep
US tax for non US companies selling on Amazon
One of the most common questions we get at Bobsled Marketing from companies located outside the US is around the tax implications of selling their products on Amazon. Individuals or companies which are established outside the US need to know whether they are required to pay US federal income tax, state income taxes, and state sales taxes. ****************************************************** Want to hire us? We help brands to grow their reach and revenue on the Amazon marketplace. http://www.bobsledmarketing.com/ ******************************************************* Find us on Social Media Facebook Community https://www.facebook.com/groups/12957... Blog: http://www.bobsledmarketing.com/our-blog Twitter: http://www.twitter.com/bobsledmktg ******************************************************* In this video interview with US Tax Attorney, Stewart Patton, from ustax.bz, we dive into the following questions: * For brands which are already established in non-US markets, what kind of US entity, if any, should they set up when planning to launch & sell products in the US on Amazon.com? * Are non-US entities / individuals selling on Amazon ONLY, subject to US income taxes? How about state sales taxes? * Does that change if the brand also establishes their own ecommerce store? * How do you see the US tax system changing in the future as it pertains to non-US brands engaging in e-commerce? ------------------------------------------------------------------------------------------------------ Skip to what matters to you: 03:05 - should non-US companies set up a US legal entity (corporation, LLC, etc) to start selling on Amazon? 06:12 - What types of taxes are companies selling on Amazon required to pay? 08:36 - The 3 branches of the US legal system and how they inform tax law & Stewart’s interpretation of whether companies should be paying US federal income, state income, and state sales taxes. 09:40 - How the interpretation of “Engaged in a Trade or Business” affects brands selling on Amazon. 15:19 - Treatment of State Income Taxes for non-US companies selling in the US on Amazon.com 17:28 - Treatment of State Sales taxes for non-US companies selling in the US on Amazon.com 20:57 - VAT versus US State sales tax - a fair comparison? Both State sales taxes and VAT are consumption taxes. But they do differ in a few key ways. 22:40 - How to think about US federal income taxes when your company is based in a high-tax jurisdiction, such as some European countries. 24:08 - Stewart’s outlook on the tax system for ecommerce. 26:45 - What are the tax implications depending on the type of US legal entity which is set up - a Corporation, or LLC? I hope that this interview answered some of those burning questions that you have if you’re a non-US company or individual looking to sell your brand’s products on Amazon.com. If you have a question for Stewart, add it in the comments section below. You can also find him at ustax.bz where you can request a consultation. Read more on our blog, go to http://bit.ly/2hRtYY4
Views: 16370 Bobsled Marketing
Azmin states Tax on Petrol product will affect Market
Azmin states Tax on Petrol product will affect Market #Azmin #Tax #PetrolProducts #Affect #Market #PKRPoll
Views: 5 Malaysia Journal
How States Tax Digital Goods and Services (iTunes Tax and Beyond) - Will's Whiteboard
Get more sales tax compliance tips here: http://www.avalara.com/learn/ Today, we're going to be talking about the taxability of digital goods and services. Let's startwith a question. What is this and what is this? This is a record, an album of music. This is the same album of music, but it's in a different form. It's a digital download and today we're going to talk about the difference in taxability between these two because it turns out this is much harder to tax than this and things get even crazier from there. Okay, let's dive right in. When you're selling an item you have to answer at least two fundamental questions when it comes to sales tax. What is the item for tax purposes and where are you sourcing the sale to? And that's just a way of saying, hey, which sales tax rate should you use and which taxing jurisdiction should get the money after you've collected? When it comes to a record player most states have taken the stance that this is tangible personal property or TPP. Basically that just means this is something I could hold, I can break, and I can get my hands on. It's a physical object. And where do you source the sale to? Well, if I go down to the local record store, I source it to right there. That's the rate I use and that taxing jurisdiction should get the money. What about the case where I have downloaded that same set of music to a digital device like a computer? What is it and where should I source the sale to? Well, a lot of states are taking the stance that they're trying to treat digital downloads in a similar way to the way they've treated old records. Maybe it's something like tangible personal property, they're going to tax it that way, and where they're going to source the sale to where you are. Essentially where is that virtual store when you accessed it? So maybe your location, your billing address, where you were when you made the sale. What about a mobile device though? Let's say you're streaming the same album on your mobile device and you're on a trip, you're not even at home. What is that and where are you going to source the sale to for tax purposes? This is where things kind of blow up. See, these tax codes for states were created to a large extent before the internet even existed and so to try and apply these categories to something like a streaming music services gets really tricky. What is streaming music? Is it something physical? Is this a service? Maybe it is and states are answering that in different ways. Where should you source the sale to? Is it my billing address? Is it where I am when I'm listening to the music? The GPS locator on my phone can tell you that. Is it where the servers are for the provider of the music? Again, states are answering this in different ways and it's causing some confusion for businesses who are trying to get a handle on their tax obligations. There are lots of examples of how this gets complicated. Whether you're offering streaming music or movies, or you have a video game and you allow users to do in app purchases, they're buying magic swords or gems, maybe you deal in BitCoin, maybe your business uses SalesForce One for customer services, or uses Amazon AWS for servers, all of these digital products and services are very difficult to tax. That means that the landscape is different. The law is very widely from one state to the other. Some states have yet to even figure it out and certain states are going through rapid changes in their digital taxation laws, so much so that a service like NetFlix has a disclaimer that says, "Your monthly bill might vary because the tax might vary." In this confusing landscape it behooves businesses that are involved in selling digital goods and services to be extra vigilant and to find out exactly what their tax obligations might be. And hey, if you're confused by any of it, don't hesitate to get help. Thanks very much, I'll see you next time.
Views: 946 Avalara
Amazon FBA & Sales Tax: How to Collect & Pay Sales Taxes with TaxJar
This video discusses Amazon FBA & sales tax, and teaches you how to collect and pay sales taxes in the USA for Amazon.com. Get TaxJar & their guide: http://wholesaleted.com/go/taxjar Get 10k/month ebook: http://wholesaleted.com/4-step Please note: this description contains affiliate links When it comes to Amazon FBA & sales tax, there is a lot of confusion. Luckily, it’s a lot easier than collecting and paying sales taxes on items you’re dropshipping (haha!) but you still need to collect them. Question #1 about Amazon FBA & Sales Tax: When do you have to pay sales tax to a state? When it comes not just to Amazon FBA & sales tax, but any sales tax obligations in the USA, you pay them to the individual states and not the federal government. It’s important then to know which states you owe sales tax too. To answer this, you need to answer a different question: Do you have sales tax “nexus” in a state? Having “nexus” means that you have a sufficient legal presence in a state that you are required to collect and pay sales tax within it. The exception to this are the following states which don’t have sales tax: * Delaware * Montana * Oregon * New Hampshire When it comes to Amazon FBA & sales tax then, if you only have nexus in any of those states, you don’t need to collect/pay sales tax. Alaska has no statewide tax, but it allows districts to charge local sales tax, so you will usually have to pay sales tax on sales made within Alaska regardless. Question #2 about Amazon FBA & Sales Tax: How do I know if I have nexus in a state? You have nexus in whatever state you live in. If you live in New York City, then you have nexus in the state of New York. If you don’t live in the USA then this doesn’t apply to you. If you have a physical building in a state, you’ll also have nexus there. Different states have their own individual rules. For example, in some states, having a remote employer there would give you nexus in their state. As an Amazon FBA seller, you will inevitably have nexus in whatever state your Amazon FBA inventory is stored in. Amazon FBA program has warehouses in 22 states. These states are the exception: * Delaware & New Hampshire as they don’t have sales tax. * Virginia as their department of taxation has ruled that having inventory in a warehouse does not constitute having nexus in their state. Question #3 for Amazon FBA & Sales Tax: How much sales tax do I pay? The answer to this depends on whether you have nexus in an origin state or a destination state. In an origin state you pay the sales tax rate of where your physical location is based from. If you have nexus in a destination state, then it gets more complicated as different districts, cities and counties have their own sales tax rates. For example, New York is a destination based state. If you had a customer based in New York City, you’d collect and pay 8.875% on their order. This includes: * 4% State tax * 4.5% Local tax * 0.375% Special Metropolitan Commuter Transportation District surcharge. Whereas if you had a customer in Buffalo you’d collect and pay 8.75% sales tax: * 4% State tax * 4.75% Local tax They are both based in the state of New York, but each order requires you collect and pay different taxes. Question #4 about Amazon FBA & Sales Tax: How do I collect and pay sales taxes with Amazon? 1. Figure out which states you have nexus in. 2. Register to pay sales tax in each of those states which you can do online. 3. Upgrade to Pro Amazon account if you haven’t already. 4. Login to your seller account and click “Tax Settings.” 5. Click “Tax Settings” and then “View/Edit your Tax Collection and Shipping & Handling.” 6. Choose your Product Tax Codes (you can select “Use Default Product Tax Code” to make this easy). 7. Specify your tax obligations. Tick the boxes relevant to the states you have nexus in. TaxJar (http://wholesaleted.com/go/taxjar) Amazon will charge you 2.9% on the tax they collect, but it’s well worth it! Question #5 for Amazon FBA & Sales Tax: How do I pay sales tax to each individual state? You do this online on each state’s website. Unfortunately this can be a tiring process if you have nexus in a destination state as you need to specify how much tax is supposed to go to each district/city etc. Luckily, TaxJar makes this process super simple. Simply sign up for an account with them, and connect it to your Amazon account. They will create a report for you which outlines how much tax you owe to each state and how it should be distributed. They also have a fantastic autofile feature which will automatically file your taxes in over 30 states, making the process even more simple. I strongly recommend that every Amazon FBA seller use TaxJar. If you have any other questions about Amazon FBA & sales tax, please leave them in the comments. Thanks for watching!
Views: 26974 Wholesale Ted
How to Set-up Tax in Woocommerce for Wordpress 2017
Learn the basics of setting up tax in Woocommerce for Wordpress. Setting up tax in WooCommerce can lead to some confusion and in this easy to follow tutorial we demystify the whole process as well as show you some simple tricks on how to make your website display prices with and without tax. Spend less time learning and more time doing with this simple WooCommerce for Wordpress tutorial for beginners. Free tutorials for Wordpress, Slider Revolution and Visual Composer. New tutorials added every Wednesday. Take your Wordpress website and skills to the next level! AFFILIATE DOWNLOADS If you like what we do and would like to support us, please consider using these affiliate links when purchasing any of the plugins covered in our tutorials. Thank you for your support. CSSHERO: http://bit.ly/2qbrRl6 ELEMENTOR PRO: http://bit.ly/2u3mzYX SLIDER REVOLUTION 5 - http://bit.ly/2qDFU4G VISUAL COMPOSER: http://bit.ly/2rnre70 IMPREZA THEME: http://bit.ly/2rn5yYx SUBSCRIBE http://bit.ly/2rX7rhu LETS CONNECT: https://twitter.com/WPTutz SUPPORT: Our website offers additional information and perks. Please check it out! http://wptuts.co.uk -~-~~-~~~-~~-~- Speed Up Your Wordpress Website in 30 Seconds or Less!! https://www.youtube.com/watch?v=9pLbCFHzWyE -~-~~-~~~-~~-~-
Views: 8526 WPTuts
How to Set Up Taxes on Shopify 2018
How to set up taxes on Shopify using this easy step by step tutorial in 2018. You need to check with a tax expert so you know how much taxes you need to add to each sale and country. This is a perfect Shopify tutorial for beginners when you need to set up taxes on your shopify store.. ////////// FOLLOW ME ////////// Email: [email protected] Instagram: https://instagram.com/andreaswaatz/ Twitter: https://twitter.com/AndreasWaatz Website: http://www.waatz.com Snapchat. Andreas Waatz
Views: 2338 Andreas Waatz
GST (Goods and Services Tax) : Know here the tax percentage of products | वनइंडिया हिंदी
Central Government is all set to introduce GST (Goods and Services Tax) among people of India. GST will be applicable from the 1st of july 2017. Here is the list of 1,211 items over which government has decided GST percentage. Know what will be the tax percentage over which product in this video. एक देश एक टैक्स की नीति को लागू करने की कोशिश में जुटी केंद्र सरकार की ओर से गठित जीएसटी काउंसिल की ओर से 1,211 वस्तुओं पर जी एस टी की टैक्स दर घोषित कर दी गई है. इसका मतलब ये है कि किन चीजों पर आपको कितना टैक्स देना होगा इसकी जानकारी आपको महज़ एक टच से मिल सकेगी. जाने इस वीडियो में.. -------------------------------------------------------------------------------------------------------------- Subscribe to OneIndia Hindi Channel for latest updates on movies and related videos. You Tube: https://www.youtube.com/channel/UCOjgc1p2hJ4GZi6pQQoXWYQ Follow us on Twitter : https://twitter.com/oneindiaHindi Like us on Facebook : https://www.facebook.com/oneindiahindi Join our circle in Google Plus : https://plus.google.com/u/0/b/118156146313394866739/+oneindiahindi Download App: https://play.google.com/store/apps/details?id=in.oneindia.android.tamilapp
A lot of Basic Concepts of Economy - GVA, Product Taxes/Subsidies, Production Taxes,/Subsidies, etc.
Mentorship Batch-2 has been launched. Enrol here - Full Validity - https://courses.sleepyclasses.com/learn/Mentorship-Programme-for-UPSC-2019? Partial Payment - https://courses.sleepyclasses.com/learn/Mentorship-Programme-for-UPSC-2019-----1st-Installment-? Welcome to Sleepy Classes. Creating IAS from the grassroots of our nation. Our Aim - To provide Top Quality GS Coaching FREE. The classes of entire UPSC content are being uploaded regularly, so that you don't need to spend lakhs of your Rupees on coaching classes. Paid Product (Test Series) - Test Series With Video Explanations - https://courses.sleepyclasses.com/learn/PRELIMS-TEST-SERIES-2019---With-Video-Solutions-? Test Series without Video Explanations - https://courses.sleepyclasses.com/learn/PRELIMS-TEST-SERIES-2019---Without-Video-Solutions-? You can also donate - https://milaap.org/fundraisers/SleepyClasses We are also available at - https://sleepyclasses.com/ Android App. Telegram - t.me/SleepyClasses UPSC || UPSC Preparation || UPSC Interview || UPSC Syllabus 2018 || UPSC Topper Interview || UPSC preparation for beginners || UPSC Exam || UPSC 2018 || UPSC Syllabus 2017 || UPSC motivational videos || UPSC preparation in Hindi || UPSC preparation lectures || UPSC preparation without coaching || UPSC preparation for working professionals || UPSC preparation for beginners in hindi || UPSC preparation channel || Sociology || Sociology lectures in Hindi || Sociology Optional for UPSC || Sociology Optional ||Sociology Lecture for IAS || IAS preparation || Free IAS UPSC Tests || Free IAS UPSC Questions || #UPSC #IAS #CivilServices
Views: 9065 SleepyClasses
MAJOR UPDATE: How to Pay Tax When Dropshipping (How to Pay Sales Tax with Shopify)
IMPORTANT: Please watch our updated video on how to pay sales tax when dropshipping. ►► Free eBook - 6 Steps to a 6 Figure Store: http://wholesaleted.com/4-step ►► Join The Dropship Club Now: https://thedropshipclub.com DISCLAIMER: We are not CPAs, accountants or lawyers. This is NOT official legal advice! In this updated video, Sarah discusses what your tax obligations are as a dropshipper after the Wayfair vs. South Dakota Supreme Court ruling. This video is relevant for the following types of sellers: * They are sourcing items from Chinese dropshippers, such as Aliexpress dropshippers. * They are selling to customers that are based in the USA. Please note, on this channel we only focus on teaching new dropshippers how to focus on the USA market, which is why we will only discuss your tax obligations when selling to USA based customers. ***What Taxes Do I Need to Pay?*** When dropshipping you there are 2 types of taxes to pay: 1) Income tax 2) Sales tax ***Who Do I Pay Income Tax To?*** You pay income tax to your local government/governing body. So if you live in Australia, you will always pay your income tax to the Australian government. It doesn’t matter if your customers are based in the USA: you do not pay income tax to the USA government, you would pay it to the Australian government. ***Do I Need to Collect and Pay Sales Tax?*** In the USA, it is states that you need to collect and pay sales tax to - not the federal USA government. Previous to June 2018, there was a law in the USA that meant that you had to have nexus in a state before you were required to collect and pay sales tax in it. Nexus is a legal term that means you have a sufficiently large physical presence in a state to be eligible to collect and pay sales tax. For example, if you lived in Arizona then that would be a very large physical presence, and so you would have nexus in it. If a customer comes to your dropshipping store and purchases a mug from you, you would be required to collect and pay sales tax on that order. The sales tax rate in Arizona in 5.6%. You could need to collect this tax on the order and pay it to the Arizona state. Now let’s imagine that a customer from Texas came to your store. Because you didn’t live there (or have any physical presence in Texas), this means that you didn’t have nexus in Texas. That meant that you were not required to collect sales tax on that order and pay it to the Texas state. This also meant that if you were not a USA citizen that you usually did not have nexus in any state, and thus didn’t have to collect/pay any sales tax at all. However, in June 2018 a Supreme Court ruling (South Dakota vs. Wayfar) changed this. It abolished this law and said that states can now require large out-of-state vendors to have to collect and pay sales tax. So… does this mean that you now have to collect and pay it even if you don’t have nexus? NO! It doesn’t. To be required to collect and pay it, the following needs to happen: 1) A state needs to pass a law which overrides the baseline nexus law (most states have not passed a bill yet). 2) You will need to be a large vendor (the current baseline is doing $100,000+ sales in a single state, or 200+ transactions in a year). For most established stores, this means that they will likely only have to start collecting and paying sales tax in a small percentage of states - likely the large ones such as New York City. BUT, if you are a new dropshipper then you do not need to worry about this until you start making a lot of money and making a lot of sales. For now, you only need to collect and pay sales tax on orders made in states that you have nexus in (which for most people, will only apply to the state that they live in). For states to legally pass a bill that targets small vendors, a new Supreme Court case will be required. Want to find out how to start collecting sales tax on your orders in Shopify? Watch the video to see Sarah’s step-by-step tutorial on how to pay sales tax with Shopify!
Views: 11834 Wholesale Ted
How to Setup Tax Rates on Your WooCommerce Store
In this WooCommerce video, we'll show how you can setup various tax rates across items in your ecommerce store.
Views: 15600 WPKBdotcom
How Does AvaTax Determine Product Taxability? | All About Tax Compliance
The taxability of many products and services varies from state to state, and even from local jurisdiction to local jurisdiction. Learn how AvaTax determines the sales tax rate of products and services you sell.
The Progressive Income Tax: A Tale of Three Brothers
"The Progressive Income Tax" is one of those economic terms that gets bandied about, but few actually know what it means or how it works. This tale of three similar brothers with three different incomes (but one shared expense) helps explain the tax system under which we live. Adapted from an article by noted investor and economist, Kip Hagopian, and narrated by actress Carolyn Hennesy of "General Hospital" and "True Blood" fame, this animated story will change the way you think about how you pay your taxes.  Donate today to PragerU! http://l.prageru.com/2ylo1Yt Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! https://optin.mobiniti.com/prageru Do you shop on Amazon? Click https://smile.amazon.com and a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Shopping made meaningful. VISIT PragerU! https://www.prageru.com FOLLOW us! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ PragerU is on Snapchat! JOIN PragerFORCE! For Students: http://l.prageru.com/29SgPaX JOIN our Educators Network! http://l.prageru.com/2c8vsff Script: Once upon a time, there were three brothers, triplets, named Tom, Dick, and Harry Class. They were raised in the same home, with the same parents, had the same IQ, same skills and same opportunities. Each was married and had two children. They were all carpenters making $25 per hour. While they were very similar in all these respects, they had different priorities. For example, Tom, chose to work 20 hours per week, while his brother, Dick worked 40 hours and Harry 60. It should also be noted that Harry's wife worked full time as an office manager for a salary of $50,000. Dick's wife sold real estate part time 10 hours a week and made $25,000 per year. Tom's wife did not work. Tom and Dick spent all of their family income. Since they paid into Social Security they figured, they didn't need to save for retirement. Harry and his wife, on the other hand, had, over many years, put away money each month and invested it in stocks and bonds. Here's how it worked out: Tom made $25,000 a year, Dick and his wife made $75,000 and Harry and his wife, $150,000. When a new housing development opened up in their community, the brothers decided to buy equally-priced homes on the same private street. One day the brothers decided to pool their funds for the purpose of improving their street. Concerned about crime and safety, and wanting a more attractive setting for their homes, the three families decided to install a security gate at the street's entrance; repave the street's surface; and enhance the lighting and landscaping. The work was done for a total cost of $30,000. Harry assumed they would divide the bill three ways, each brother paying $10,000. But Tom and Dick objected. "Why should we pay the same as you?" they said. "You make much more money than we do." Harry was puzzled. "What does that have to do with anything?" he asked. "My family makes more money because my wife and I work long hours, and because we have saved some of the money we've earned to make additional money from investments. Why should we be penalized for that?" "Harry, you can work and save all you like" Tom countered. "But my wife and I want to enjoy ourselves now, not 25 years from now." "Fine, Tom. Do what you want. It's a free country. But why should I have to pay for that? "I can't believe your being so... unbrotherly," Tom argued. "You have a lot of money and I don't. I thought you'd be more generous." At this point, Dick, the peacemaker in the family, entered the conversation. "I've got an idea," Dick said. "Our combined income is $250,000, and $30,000 is 12 percent of that amount. Why don't we each pay that percentage of our income? Under that formula, Tom would pay $3,000, I would pay $9,000, and Harry would pay $18,000." "I have a much better idea," said Tom. "And one that's fairer than what you're proposing." For the complete script, visit https://www.prageru.com/videos/progressive-income-tax-tale-three-brothers
Views: 6511407 PragerU
Setting up Shipping and Taxes in your Shopify
In this tutorial we will walk you through step-by-step how to setup your shipping and taxes for your store so you can take all of the worry away! Shipping and Taxes for your Shopify store is super important to get correct when you are setting up your store. If you get it wrong you can end up have to pay a lot of shipping overage costs or with an unexpected tax bill! Still need to set up your online store? 😥 Learn how to set up your Shopify store in just ONE weekend with our online class: https://curiousthemes.com/products/shopify-in-a-weekend 👉 Subscribe for daily Shopify tutorials and behind the scenes videos of our Shopify store: https://www.youtube.com/c/curiousthemes?sub_confirmation=1 🔻🔻🔻 Check out our TOTALLY FREE Guides on Growing your Shopify Store 🔻🔻🔻 https://curiousthemes.com/pages/free-guides 👍 Follow Us Online 👍 • Our Blog: https://curiousthemes.com/blogs/online-marketing-for-shopify-stores • Facebook: https://www.facebook.com/curiousthemes • Pinterest: https://www.pinterest.com/curiousthemes/
Watch: How petrol, diesel prices are calculated; state imposes tax on crude oil
This segment brings you a discussion why petrol prices are rising in India despite getting cheaper in international market. It also explains how petrol, diesel prices are calculated and state imposes tax on crude oil. Watch full video to know more. About Zee Business -------------------------- Zee Business is one of the leading and fastest growing Hindi business news channels in India. Live coverage of Indian markets - Sensex & Nifty -------------------------------------------------------------- You can also visit us at: https://goo.gl/sXWpTF Like us on Facebook: https://goo.gl/OMJgrn Follow us on Twitter: https://goo.gl/OjOzpB Subscribe to our other network channels: Zee News: https://goo.gl/XBvkjZ
Views: 3301 ZeeBusiness
Boring Amazon Tax Settings And Product Tax Codes Video
For the past few weeks I have been dealing with setting up the tax setting and codes for all of my FBA listings. I learned a good deal about what one needs to do in order to set everything up, so why not share it with all of you lovely viewers? IRS link: https://www.irs.com/articles/state-sales-taxes Please subscribe for future videos. Thanks! My FBA Gear: Goo Gone: http://amzn.to/2cCwH3E Avery Clear Permanent Mailing Seals (5248): http://amzn.to/2cCDIBx Avery White Labels for Laser Printers: (5160): http://amzn.to/2ckonY6 Packaging Tape: http://amzn.to/2cDd0vV Digital Shipping Scale: http://amzn.to/2duc1dc KDC200 Bluetooth Scanner: (Look on eBay first to see if it’s cheaper!) http://amzn.to/2cCDvya Audio-Technica Turntable: http://amzn.to/2d9ES8V Link Explanation Video: https://youtu.be/NyBWpgsH9P0
Views: 1521 MarshallBookman
Shopify - How To Deal With Taxes (Don't Get Screwed)
Secure your bag.... In this video we talk about how to deal with taxes when it comes to Shopify Dropshipping, and how I handle all of that. Be sure to join the family & SUBSCRIBE!! Start Your FREE 14 Day Shopify Trial: https://www.shopify.com/?ref=ssm-marketing Join The FREE Facebook Mastermind Group: https://reachthisnetwork.clickfunnels.com/optin17137699 Connect with me on Instagram: https://www.instagram.com/haydenbowles1/ Add me on Snapchat: hayden123bowles
Views: 23705 Hayden Bowles
Magento Tax Configuration
In this tutorial I show you how to configure your tax rates in Magento. The video covers percentage based taxes for the United States and other countries. I also cover how to setup your tax rates for retail and wholesale customers. In addition to that, I also cover flat taxes and show an example of how you would add an eco tax to your products. I have memo notes located at: http://creatingawebstore.com/magento-tax-configuration-tutorial-with-video.html
Views: 11250 CreatingaWebstore
Legislation Introduced to Remove Feminine Hygiene Product Tax
State Reps. Winnie Brinks (D-Grand Rapids) and Brian K. Elder (D-Bay City) in the Michigan House, and state Sens. David Knezek (D-Dearborn Heights) and Rebekah Warren (D-Ann Arbor) in the Michigan Senate, introduced legislation today that would exempt feminine hygiene products from Michigan sales and use tax. The exemption would include tampons, sanitary napkins and similar feminine hygiene products.
TAS 257 : Sales Tax 101 + The Biggest Questions Answered With Mark Faggiano
•Special Guest Mark Faggiano of Taxjar •State Sales Tax Compliance •Where is your “NEXUS” One of the most unaddressed and confusing issues when it comes to selling any kind of products online is the collection of sales tax. One of the reasons it can be so confusing is because every State has its own set of regulations surrounding sales tax as well as its own process business owners need to go through in order to register and pay their taxes. That description alone should show you how difficult it is to remain in compliance. State sales tax issues are one of the most frequently asked questions Scott receives so he decided it was time to get someone on the show who could answer the basic questions about sales tax. That someone is Mark Faggiano of Taxjar. You can hear their conversation on this episode. Download Transcript for this Episode: http://theamazingseller.com/257 OUTLINE OF THIS EPISODE OF THE AMAZING SELLER ▪ [0:03] Scott’s introduction to this episode and his guest, Mark Faggiano of TaxJar! ▪ [1:14] How Scott came to do this episode in the first place. ▪ [3:29] How Mark got into the business of dealing with sales taxes. ▪ [6:03] What is meant by “nexus?” ▪ [10:37] How do product sales impact the States I collect tax in? ▪ [12:44] Can you limit where Amazon moves your product inventory? ▪ [15:00] The 2 camps sellers tend to fall into when it comes to State sales tax compliance. ▪ [19:30] Does Amazon send State sales tax on my behalf as a seller? ▪ [21:57] How many States does Amazon have warehouses in? ▪ [23:42] How Taxjar helps sellers keep track of their tax liabilities. ▪ [25:41] Stories of Amazon sellers who are being audited for sales tax issues. ▪ [28:10] What’s the easiest way to register in various States? ▪ [30:44] The first steps for brand new Amazon sellers. ▪ [32:32] How you can get your tax data for free from Taxjar. ▪ [33:25] How to deal with past sales on which you may owe tax. LINKS MENTIONED IN THIS EPISODE ▪ http://www.TheAmazingSeller.com/TaxJar (affiliate link) ▪ http://www.taxjar.com/guides/sales-tax-guide-for-amazon-fba/ - Sales Tax 101 – TAX Jar Blog Content ▪ https://www.youtube.com/user/taxjar - Tax Jar Youtube – Video Walkthroughs ▪ http://blog.taxjar.com/ - TaxJar blog ▪ [email protected] Listen to more FBA Talk at http://theamazingseller.com FBA Private Label discussion on how to build and Amazon Business. Check out my Weekly Workshop Link: http://theamazingseller.com/workshop/ Get in on Scott’s next live event - http://www.TheAmazingSeller.com/live Checkout my book ’AMAZON SELLING BLUEPRINT’ at http://theamazingseller.com/book Discounted Amazon Seller Tools: http://theamazingseller.com/resources
Views: 511 The Amazing Seller
Living in Las Vegas: No State Income Tax in Nevada
Let's do business together! What a great way to reach a solid responsive audience of people who love Las Vegas. You can sponsor a video, get a shout out, or sponsor the whole channel. Send all inquiries to [email protected] ----------------------------------------------------------------------------------- Join me and others on Patreon: https://www.patreon.com/jacobslifeinvegas ---------------------------------------------------------------------------------- How To Reach Me: Book 1 on 1 Chat: https://clarity.fm/jacoborth ----------------------------------------------------------------------------------- TIP JAR PayPal: https://www.paypal.me/jacoborth ----------------------------------------------------------------------------------- MY PRODUCTS Get Fit For Your Las Vegas Vacation! https://jacobslifeinvegas.teachable.com/p/las-vegas-weight-loss/ Moving to Las Vegas Beginner’s Guide https://gumroad.com/l/vFgeJ Making Money in Las Vegas with Uber & Lyft https://gumroad.com/l/kFPIY -------------------------------------------------------------------------------------- Before You Go to Vegas https://kit.com/Jacoborth -------------------------------------------------------------------------------------- For all business inquires contact [email protected] Mailtime Address 8020 S. Rainbow Blvd. #100-228 Las Vegas, NV 89139 http://www.jacobslifeinvegas.com Living in Las Vegas Here's me on Facebook! https://www.facebook.com/JacobslifeinVegas-281682135353468/ Photos of Vegas! https://instagram.com/jacobslifeinvegas/ Here's me on Twitter! https://twitter.com/JacobsVegasLife Here's me on Snapchat! jacobsvegaslife https://www.snapchat.com/add/jacobsvegaslife This was arguably the top reason that I even began looking into moving to Nevada in the first place. The fact that Nevada has no state income taxes was a major incentive for me, as a recent college graduate with student loan and living in the most expensive area of the country, to begin looking into possibly moving from the Golden State to the Silver State. Just before I left California, another state income tax increase had passed, officially making California the state with the highest income taxes in the country. Moving from a state with California's tax environment to a state like Nevada was like have a major financial weight taken off of my shoulders. California is notorious for its high taxes in numerous areas. However, Nevada has one of the lowest overall tax burdens in the country. There are only 7 states in the U.S. with no state income tax. It really is a beautiful thing to live in a state like Nevada that has a very friendly tax environment. Living in Las Vegas: No State Income Tax in Nevada https://www.youtube.com/watch?v=0t9Jklz_4fA&index=9&list=PLXLwKBVvTcVfmVik360QoobHGAnlabpfI =============================== Thanks for watching! Please subscribe http://www.youtube.com/user/JacobslifeinVegas?sub_confirmation=1 DISCLAIMER: This video and description contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This help support the channel and allows us to continue to make videos like this. Thank you for the support! . . Las Vegas cost of living https://www.youtube.com/watch?v=g347zCkKicU&index=6&list=PLXLwKBVvTcVfmVik360QoobHGAnlabpfI This video is not to be reproduced without prior authorization. The original YouTube video may be distributed & embedded, if required.
Views: 18401 JacobslifeinVegas
GST TAX SLAB, 0%, 5%, 12%, 18%, 28% TAX ON GOODS AND SERVICES.
GST TAX SLAB, 0%, 5%, 12%, 18%, 28% TAX ON GOODS AND SERVICES gst rate list GST Items in 0%, 5%, 12%, 18% and 28% Tax Brackets : Nil GST Rate (0%) Items : No tax will be imposed on items like fresh meat, fish chicken, eggs, milk, butter milk, curd, natural honey, fresh fruits and vegetables, flour, besan, bread, prasad, salt, bindi. Sindoor, stamps, judicial papers, printed books, newspapers, bangles, handloom etc. 5% GST Rate Items : Items such as fish fillet, cream, skimmed milk powder, branded paneer, frozen vegetables, coffee, tea, spices, pizza bread, rusk, sabudana, kerosene, coal, medicines, stent, lifeboats will attract tax of 5 percent. 12% GST Rate Items : Frozen meat products , butter, cheese, ghee, dry fruits in packaged form, animal fat, sausage, fruit juices, Bhutia, namkeen, Ayurvedic medicines, tooth powder, agarbatti, colouring books, picture books, umbrella, sewing machine, and cellphones will be under 12 per cent tax slab. 18% GST Rate Items : Most items are under this tax slab which include flavoured refined sugar, pasta, cornflakes, pastries and cakes, preserved vegetables, jams, sauces, soups, ice cream, instant food mixes, mineral water, tissues, envelopes, tampons, note books, steel products, printed circuits, camera, speakers and monitors. 28% GST Rate Items : Chewing gum, molasses, chocolate not containing cocoa, waffles and wafers coated with choclate, pan masala, aerated water, paint, deodorants, shaving creams, after shave, hair shampoo, dye, sunscreen, wallpaper, ceramic tiles, water heater, dishwasher, weighing machine, washing machine, ATM, vending machines, vacuum cleaner, shavers, hair clippers, automobiles, motorcycles, aircraft for personal use, and yachts will attract 28 per cent tax - the highest under GST System. Apart from that, the council also decided GST Compensation Cess Rates for different supplies. Related Searches : 0% GST Rate Items, 12% GST Rate Items, 18% GST Rate Items, 28% GST Rate Items, 5% GST Rate Items, Full List of GST Rate Schedule, GST Compensation Cess Rates for Different Items, GST Exempt Items, GST Rates, GST Rates for all Items, GST Rates PDF Download, Nil GST Rate Items GST TAX SLAB, 0%, 5%, 12%, 18%, 28% TAX ON GOODS AND SERVICES WHAT WILL BE THE CHEAPER AND COSTLIER? THE GOODS AND SERVICE TAX IMPLEMENTED FROM 1st JULY 2017 HERE IS LIST OF HOW MUCH TAX YOU WILL NEED TO PAY ON VARIOUS ITEMS EVERYDAY TAX 0% MILK, BREAD, GRAINS, FRUITS & VEGETABLES SALT, RICE, PAPAD, WHEAT FLOUR, HONEY, BIRTH CONTROL PILLS, CONDOMS, GLASS BANGLES, JUDICIAL PAPERS, PRINTED BOOKS, FRESH MEAT, RAW FISH, RAW CHICKEN, & EGGS cheaper products after gst LOCAL TRAIN, METRO TRAVEL, HANDLOOM, HOTELS & LODGES (BELOW ₹ 1000 TARIFF). GST TAX SLAB, 0%, 5%, 12%, 18%, 28% TAX ON GOODS AND SERVICES cheaper products after gst WHAT WILL BE THE CHEAPER AND COSTLIER BY GST TAX SLAB? TAX 5% cheaper products after gst TEA, COFFEE, BRANDED PANEER, COOKING OIL, LPG FOR HOME USE, BRANDED GRAINS, SOYABEAN, COAL (KEROSENE), CLOTHES (BELOW 1000₹), SLIPPERS OR SANDELS (BELOW 500₹) JOSS STICK, INSULIN. WHAT WILL BE THE CHEAPER AND COSTLIER TRANSPORT OF PASSENGERS BY RAIL IN FIRST CLASS OR AIR CONDITIONED COACHES, REGIONAL CONNECTIVITY AIRPORTS, TRANSPORT OF GOODS BY RAIL, SELLING OF SPACE FOR ADVERTISEMENT IN PRINT MEDIA, SUPPLY OF TOUR OPERATORS SERVICES. cheaper products after gst GST TAX SLAB GST TAX SLAB, 0%, 5%, 12%, 18%, 28% TAX ON GOODS AND SERVICES cheaper products after gst TAX 12% GST TAX SLAB, 0%, 5%, 12%, 18%, 28% TAX ON GOODS AND SERVICES DRY FRUITS, GHEE, BUTTER, SNACKS(NAMKEEN), MEAT & FISH, MILK-BASED DRINKS, FROZEN MEAT, CANDLES, CALENDARS, TRACTORS, BICYCLES,FERTILIZER, AYURVEDIC MEDICINE, MOBILE PHONES, FRUIT JUICE, CONTACT LENCE, LED LIGHTS. GST TAX SLAB, 0%, 5%, 12%, 18%, 28% TAX ON GOODS AND SERVICES SERVICES FLIGHT TICKETS (BUSINESS CLASS), EMPLOYMENT AGREEMENT. cheaper products after gst TAX 18 MINERAL WATER, BRANDED GARMENTS, REFINED SUGAR, SOAP, HELMETS, NOTEBOOKS, JAM, JELLY, ICE-CREAM, CONDENSED MILK, HAIR OIL. gst rate list cheaper products after gst SERVICES TELECOM SERIVICES, IT SERIVICES, FINANCIAL SERVICES, AC HOTELS WITH LIQUOR LICENSE. GST TAX SLAB, 0%, 5%, 12%, 18%, 28% TAX ON GOODS AND SERVICES gst rate list cheaper products after gst WHAT WILL BE THE CHEAPER AND COSTLIER BY GST TAX SLAB? GST TAX SLAB, 0%, 5%, 12%, 18%, 28% TAX ON GOODS AND SERVICES gst rate list cheaper products after gst gst rate list cheaper products after gst gst rate list cheaper products after gst gst rate list cheaper products after gst GST TAX SLAB GST TAX SLAB GST TAX SLAB, 0%, 5%, 12%, 18%, 28% TAX ON GOODS AND SERVICES TAX 28% CARS, MOTORCYCLES, CHOCOLATE, VEGETABLES OIL, PAN MASALA, REFRIGERATORS, DEODORANT, TOOTHPASTE, SHAVING CREAM, LIQUID SOAP, PLASTIC PRODUCTS, RAZOR. GST TAX SLAB, 0%, 5%, 12%, 18%, 28% TAX ON GOODS AND SERVICES SELVICES 5 STAR HOTELS, RACE CLUB BETTING, MOVIE TICKETS.
How to Do Your Taxes EXPLAINED!
With Tax Day (April 15th) approaching, here is your (mostly) complete guide to federal income taxes, state income taxes, tax returns, IRS forms, IRS refunds, 1040EZs, 1099s, and other things you need to know in order to file your tax return. (TL;DR: don't worry, you got this.) Support How to Adult on Patreon at http://www.patreon.com/howtoadult Our other tax video, How to Do Self-Employment Taxes: https://www.youtube.com/watch?v=bGyEF5zTxJY "How to Adult" is a "life skills" edutainment channel executive produced by Hank Green and John Green. Subscribe for new videos every week! Tumblr: http://learnhowtoadult.tumblr.com Twitter: http://www.twitter.com/learnhowtoadult Facebook: http://www.facebook.com/learnhowtoadult VIDEO LINKS: IRS Free File: http://www.irs.gov/uac/Free-File:-Do-Your-Federal-Taxes-for-Free TurboTax: http://www.amazon.com/gp/product/B00FFIMBOA/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=B00FFIMBOA&linkCode=as2&tag=tmicmar-20 IRS W-4 Info: http://www.irs.gov/Individuals/International-Taxpayers/Withholding-Exemptions---Personal-Exemptions---Form-W-4 1040 Form(s): http://www.irs.gov/taxtopics/tc352.html Form 4868: http://www.irs.gov/uac/Form-4868,-Application-for-Automatic-Extension-of-Time-To-File-U.S.-Individual-Income-Tax-Return Schedule A: http://www.irs.gov/uac/Schedule-A-(Form-1040),-Itemized-Deductions 1099 Form(s): http://search.irs.gov/search?as_sitesearch=www.irs.gov/Help-%26-Resources/Tools-%26-FAQs/FAQs-for-Individuals&q=1099&output=xml_no_dtd&proxystylesheet=irs_portals_frontend&client=irs_portals_frontend&oe=UTF-8&ie=UTF-8&num=10&ud=1&exclude_apps=1&site=default_collection&numgm=5&requiredfields=-archive:1&&access=p&sort=date:D:L:d1&entqr=3&entqrm=3 National Association of Enrolled Agents: http://www.naea.org/ Co-created by: Emma Mills http://www.youtube.com/elmify Directed, Edited, Hosted and Co-written by: T. Michael (Mike) Martin http://www.youtube.com/tmikemartin (Mike is also a Young Adult novelist. His book, THE END GAMES, is available at all online booksellers, including Amazon: http://www.amazon.com/gp/product/0062201816/ref=as_li_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0062201816&linkCode=as2&tag=tmicmar-20&linkId=CF4ULRBEW6LATV3C) Executive Produced by: Hank and John Green http://www.youtube.com/vlogbrothers Co-writer and Tax Adviser: Gary A. Hensley, MBA, EA (You can check out Gary's blog at http://taxsolutionsforwriters.com/) Notes on the W-4: Two general examples about "tweaking the W-4" are important enough to review here: (1) You may be single and claim 1 exemption but you have other significant investment income (such as dividends, interest, or capital gains) on which no federal income tax is withheld that will be added into your tax return at the end of the year. While 1 exemption might cover the tax due on your wages, it is doubtful it will cover your investment income, so folks in this position, will usually claim zero exemptions to have more income tax taken out to also help cover the investment income. (2) You are newly married, and you and your spouse update your W-4 to claim "married" with 1 exemption. This 1 exemption could be sufficient to cover each spouse's income but when the two incomes are combined on their joint tax return, it will "push" a portion of their income into a higher tax bracket (called the "marginal tax bracket") that the withholding tables do not factor in. Thus, the newly married couple could owe a significant income tax balance at the end of the year. This married couple should consider claiming zero exemptions on their W-4's and also the option to voluntarily "add" a fixed dollar amount to their federal withholding such as $25 per paycheck. They also have the option of checking the W-4 box that says, essentially, "I am married but want my withholding deducted as if I were single." The single withholding tax table takes a larger amount of income tax at every level of income earned. INFO ABOUT THE SCHEDULE A: If you itemize deductions such as mortgage interest, property taxes, contributions, union dues, and medical expenses, those items will be included on Schedule A. Itemized deductions will ONLY be used if that total exceeds the amount of your standard deduction for your filing status. The 2013 standard deduction for a single filer is $6,100 and for married, filing jointly it is $12,200. These amounts will go up slightly for 2014 returns. Each exemption (personal and dependent) is worth $3,900 in 2013. In short, this means that a single filer, in 2013, could have income up to $10,000 ($6,100 + $3,900) and owe no income tax (thus getting a full refund of federal income taxes withheld). To get the $3,900, the single filer must not be claimed as a dependent on someone else's return. INFO ON TAX EXTENSIONS (FORM 4868): http://www.irs.gov/uac/Newsroom/Can't-File-By-April-15,-Use-Free-File-to-Get-a-Six-Month-Extension-2013
Views: 377951 How to Adult
💥Tactical Arbitrage Crash Course - https://tactical-arbitrage-crash-course.teachable.com/p/tacticalarbitragecrashcourse 🚀Join the Facebook Group – https://www.facebook.com/groups/KrisAmazonCommunity/ My Resources: 📖 40 Page eBook for Amazon FBA Online Arbitrage – www.krismccauley.com 🚀Tactical Arbitrage 10 day free trial – Use Code Kris10 https://tacticalarbitrage.com/?frnd=102 🚀The AMAZON FBA Course I took: https://www.zerotobrandcourse.com/sales-page?affiliate_id=973344 _______________________________________________________ ✔Market Intelligence- https://viral-launch.com?affcode=1SMZBOOVLP ✔Junglescout - https://affiliate.junglescout.com/idevaffiliate.php?id=1745 ✔Where I hire Independent contractors - http://www.fiverr.com/s2/de4065d7a7 Reach Me: 📖Book a call - https://krismccauley.as.me/ Instagram: https://www.instagram.com/kris.mccauley/ Facebook: https://www.facebook.com/kristopher.mccauley Steemit - https://steemit.com/@krismccauley Email: [email protected] 🎥 Subscribe to my Youtube Channel: https://www.youtube.com/c/KrisMcCauley ▶️Online Arbitrage Playlist - https://www.youtube.com/playlist?list=PLFpxo_YAFDMFtADYIdYyyqZy5Z0-NAZxO ▶️Wholesale playlist – https://www.youtube.com/playlist?list=PLFpxo_YAFDMGfmaVj4-aUN38oCoRCLJIq Get More Cash Back ✔$10 Back ebates.com/r/KRISTO1336 ✔ $10 - https://www.topcashback.com/ref/member313228464658 ✔ $5 Back - https://givingassistant.org/?rid=ryYLkWXCEn ✔My Camera - http://amzn.to/2oA4PmE
Views: 964 Kris McCauley
How to set default taxes on products, sales order and invoice
Taxes applied in your country are installed automatically for most localizations. Default taxes set in orders and invoices come from each product's Invoicing tab. Such taxes are used when you sell to companies that are in the same country/state than you. Customer outside our country or state may have a different tax then the default tax applied on the product.
Views: 69 Mantavya Gajjar
Ebay Sellers California Taxes, Permits, Licenses, Requirements
#SellerThink Visit my blog for information where to find your states online seller tax information: http://randydreammaker.blogspot.com/2015/11/sales-taxes-for-ebay-amazon-and-online.html ANSWERS: To sell online, do I need to collect state taxes, get a sellers permit, obtain a city business license or permit, to sell on ebay, Amazon, Etsy, Bonanza.com, Storenvy, Half.com, Ecrater, Ebluejay? A mini documentary of my experience figuring out the legal side of selling online in Los Angeles County, California. For more information about California sellers permits and state taxes read the Board of Equalization document here https://www.boe.ca.gov/formspubs/pub177/ Make sure to get your City License before getting your State License. Don't forget, this video only deals with State and City permits and taxes - you will also have taxes to report to the IRS at the end of the year. Subscribe: http://youtube.com/subscription_center?add_user=randydreammaker Twitter: https://www.twitter.com/sellerthink #ebay
Views: 8607 SellerThink
How to Setup Taxes on Your WooCommerce Store - GST India Tutorial - eCommerce Website Tutorial -2017
How to Setup Taxes on Your WooCommerce Store - GST India Tutorial - eCommerce Website Tutorial -2017 ★ Watch the full Course on eCommerce for free on Udemy, and don't forget to give a 5 Star Rating, Thank You :) -- http://bit.ly/2uY8ejK Learn the new updates for the woocommerce plugin with wordpress. This will help your ecommerce wordpress website sell products and items online. In this tutorial, i will cover tax and shipping because there was a small update with the woocommerce plugin. This is version 2.6 of the woocommerce plugin. If i didnt cover everything in this woocommerce ecommerce tutorial, you can check this other tutorial where i cover all of the options for the woocommerce plugin.
Views: 8743 Nayyar Shaikh
Explanation about "Good and Service Tax (GST) - One Nation One Rate"
GST will be a game changing reform for Indian economy by developing a common Indian market and reducing the cascading effect of tax on the cost of goods and services. It will impact the Tax Structure, Tax Incidence, Tax Computation, Tax Payment, Compliance, Credit Utilization and Reporting leading to a complete overhaul of the current indirect tax system. What is GST? Goods and Services Tax – GST is a comprehensive tax levy on manufacture, sale and consumption of goods and services at a national level. Through a tax credit mechanism, this tax is collected on value-added goods and services at each stage of sale or purchase in the supply chain. The system allows the set-off of GST paid on the procurement of goods and services against the GST which is payable on the supply of goods or services. However, the end consumer bears this tax as he is the last person in the supply chain. Experts say that GST is likely to improve tax collections and boost India’s economic development by breaking tax barriers between States and integrating India through a uniform tax rate. What are the benefits of GST? Under GST, the taxation burden will be divided equitably between manufacturing and services, through a lower tax rate by increasing the tax base and minimizing exemptions. It is expected to help build a transparent and corruption-free tax administration. GST will be is levied only at the destination point, and not at various points (from manufacturing to retail outlets). Currently, a manufacturer needs to pay tax when a finished product moves out from a factory, and it is again taxed at the retail outlet when sold. How will it benefit the Centre and the States? It is estimated that India will gain $15 billion a year by implementing the Goods and Services Tax as it would promote exports, raise employment and boost growth. It will divide the tax burden equitably between manufacturing and services. What are the benefits of GST for individuals and companies? In the GST system, both Central and State taxes will be collected at the point of sale. Both components (the Central and State GST) will be charged on the manufacturing cost. This will benefit individuals as prices are likely to come down. Lower prices will lead to more consumption, thereby helping companies. What type of GST is proposed for India? India is planning to implement a dual GST system. Under dual GST, a Central Goods and Services Tax (CGST) and a State Goods and Services Tax (SGST) will be levied on the taxable value of a transaction. All goods and services, barring a few exceptions, will be brought into the GST base. There will be no distinction between goods and services. Read more @ http://superprofs.com/ca/gst-goods-service-tax-ca-cma-cs-exams/ Classes are available for CA/CS/CMA. You can purchase classes at a very reasonable price. For full lectures, chapter wise log on to our website: www.superprofs.com or call at 011-39587099
Views: 117464 SuperProfs.com
GST not automatic calculate, CGST SGST and IGST calculate wrong tax rate, Tax calculation in GST,erp
GST not automatic calculate, CGST SGST and IGST calculate wrong tax rate, Tax calculation in GST,erp why GST not auto calculate, whay TAx ledger calculate tax wrong, Click on link for Purchases full version Tally ERP9 relese 6.1 (affiliated link) Tally ERP9 Silver GST Ready- Single User (Voucher) http://amzn.to/2ynv3LR Tally.ERP 9 Gold - 1 User (DVD)click on link for purchases on discount http://amzn.to/2hqpb15 Thanks for watching Don't forget to - LIKE 👍 | SHARE 🤗 | COMMENT 💁 | SUBSCRIBE 🤓 watch my other videos *-*-*-*for complete GST tutorial in Tally ERp 9 in hindi-*-*-*-* https://www.youtube.com/playlist?list=PLhILq8wvJwpUnDWz3GUDwRa8xW8kocj9a *-*-*- For complete Tally ERP 9 tutorial in Hindi*-*-*-*- https://www.youtube.com/playlist?list=PLhILq8wvJwpVOj8z8oCMSdAF3CMNL1Dq3 *-*-* for complere coreldraw tutorial in hindi*-*-*- https://www.youtube.com/playlist?list=PLhILq8wvJwpUbQFmyRQTcVPbhaI_eQSF2 *-*-* For Photoshop cs2, cs3, cs4, cs5 cs6 ,& cc tutorial in hindi*-*-*-* https://www.youtube.com/playlist?list=PLhILq8wvJwpW-J1ifsQ_Y9TOUT9k0_pwq *-*-*- complete Pagemaker tutorial in hindi*-*-- https://www.youtube.com/playlist?list=PLhILq8wvJwpVowsvTMj-fzo_6l-PhtCRm *-*-*-complere MS-Excel 2010 tutorial in hindi*---*-*-* https://www.youtube.com/playlist?list=PLhILq8wvJwpW5G67vgp1G7Ox72w2c5UtM *-*-*complete MS-Word 2010 tutorial in hindi.-*--***-* https://www.youtube.com/playlist?list=PLhILq8wvJwpVOlNA4-ivMKrFrcQB7mMOI *-*-*SSC exam preparation video*-*-*- https://www.youtube.com/playlist?list=PLhILq8wvJwpV3OlaaMZxz9bKi5UZjI43n *-*-*MS-Access 2010 tutorial:-*-*-*- https://www.youtube.com/playlist?list=PLhILq8wvJwpVZmi8fkebWwlSmcm7cAf4j *-*-*Windows 7 tips and tricks and secrets *-*-*- https://www.youtube.com/playlist?list=PLhILq8wvJwpXNEQrmJRwFG2zZ_C4VWI9b *-*-*-MS publisher tutorial in hindi*-*-*-* https://www.youtube.com/playlist?list=PLhILq8wvJwpW-zP-lLfZ6GVfSpcheg7_6 -~-~~-~~~-~~-~- Please watch: "compatibility mode in word 2010 2013 2016, How to convert a compatibility mode file, #Gseasytech" https://www.youtube.com/watch?v=4O-1l7vxoWg -~-~~-~~~-~~-~-
Views: 48254 GS EasyTech
Sales transaction inclusive of tax without voucher class in tally erp9
http://tallygame.com/tally-erp-9/accounting-voucher/voucher-class/selling-rate-inclusive-tax-without-voucher-class-in-tally-erp9-release-5/ How to enter a sales transaction inclusive of tax in Tally ERP9, without manually calculating it, when selling a products inclusive of tax. CHECKOUT HERE FOR TUTORIALS There are two ways in tally erp9 release 5 onwards, for user up to 4.9.3 must use voucher class to set this option. In this tutorial how to set sales voucher for automating sales transaction inclusive of tax, in Tally ERP9 release 5, we can create an additional column in sales voucher type by enabling an option at F12 features. and the second option is stock item specific , we can set inclusive of tax for a specific items in stock item configuration screen. and when entering a stock item, you can input total selling value ,tally calculate its value without tax in voucher entry screen.
Views: 65532 Tallygame.com
Understanding Multistate Sales Tax | Multistate Tax Rules
In this video, Interstate Tax Strategies of Atlanta, GA (770-985-9573) provides an overview of multistate sales tax and the obligations companies have for complying with sales taxes and why many companies have more tax exposure than they believe. States are projected to collect over $229 billion in state and local sales tax during 2014. Nationwide, sales tax represents about 38% of total state revenue. As states look for additional revenues, sales tax is quickly becoming the first place they look. States are becoming very adept and aggressive at identifying unregistered businesses that are doing business in their state. Most states focus their attention on unregistered out-of-state businesses because they represent larger tax collections when they're audited and a source of reoccurring revenue once they become registered. In addition to assessing back taxes, the states will also assess significant interest and penalties when these companies are audited. If you're a multistate business and you've not been diligent about your company's sales tax responsibility, now is the time to evaluate your obligation and quantify any tax exposures you may have. States are also increasing sales tax revenue by changing their laws to increase sales tax rates, remove exemptions and expand the tax base to include personal and professional services. The area of cloud computing and software as a service are quickly becoming popular items for states to tax. Even if your business may get revenue from customers in many states your business usually only has a tax collection responsibility in the states where you have some type of physical connection, or what we call nexus. A company creates nexus in a number of different ways. The following activities are just a few of the common ways that company's can create nexus in other states. This is by no means an exhaustive list. Companies create nexus when they send employees into a state to solicit sales, use independent contractors to solicit sales or perform services in another state, when they own inventory or other personal property in the state, when they own or lease real property in the state, or when they make deliveries in their own trucks into the other state. When a company has nexus in another state, it's subject to the same sales tax rules as those businesses with a permanent location. Just because your business has nexus doesn't necessarily mean you have a sales tax obligation. Your business still needs to be selling a taxable product or a taxable service in the state before you have a tax collection obligation. If you're a wholesaler and sell to non-taxable customers then you must have valid resale exemption certificates from each customer in the state where you have nexus. If your company is audited, the burden is on you to produce the documentation necessary to support your non-taxable sales. If you cannot produce the correct documentation then your non-taxable sales will become taxable and you will be assessed the back tax, interest and penalties on these taxable sales. If your business is charging sales tax in the other states then you need to make sure that the tax your charging is calculated on the correct tax base and that the correct tax rate is used. Sales tax rules vary widely between the states and they frequently change. Even small businesses with limited sales in other states may be subjected to these burdensome tax collection rules if they have nexus in another state and are making taxable sales. Now is the time for your business to analyze these issues to determine if you have a current or historical sales tax liability in any other state. Making these determinations can be challenging but that's what Interstate Tax Strategies does everyday for our clients. If you have any questions about this video or would like a no cost, 30-minute assessment of your particular situation please contact me from our website. I'm happy to spend time discussing these issues with you or your CPA. http://www.salestaxstrategies.com See our other videos: https://www.youtube.com/watch?v=LMhOwOFxZxM https://www.youtube.com/watch?v=VaSRDvJr96g https://www.youtube.com/watch?v=lFSIFbKNvjQ https://www.youtube.com/watch?v=C3lDRFu1ZcI https://www.youtube.com/watch?v=_2U3kTynB-I https://www.youtube.com/channel/UCSeX8JFw5U6759JrTtMLy0g/videos
The Future Of The United States is To Not Tax Cryptocurrency??? Ron Paul Thinks So
Is there going to be a push for no taxes on cryptocurrency in the United States? Let's see what the argument and the possibilities are. Pease like, comment, and most important share to your friends that you care about. ;) How will you pay taxes on your cryptocurrency? Check out my Cryptocurrency Tax Spreadsheet. Use Promo BROOTS2018 for 40% Off Of the B-Roots Cryptocurrency Tax Spreadsheet. This is ONLY for the 1st 500 customers. https://iambroots.com/taxes Click To Buy Your Nano Ledger S: https://www.ledger.com?r=c34af6cbf02f Click Here To Trade Bitcoin On To get more Cryptos Via Binance: https://www.binance.com/?ref=12116373 Learn About Coinbase: https://whatiscoinbase.com/ Learn About Binance: https://whatisbinance.com/ Social Sites: Lets talk Crypto, Follow me on Twitter: https://twitter.com/iambroots Follow me on Facebook: https://www.facebook.com/iambroots Website: https://www.iambroots.com Thank You For Watching! Disclaimer The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. If any products are detailed on this website, you should obtain a Product Disclosure Statement relating to the products and consider its contents before making any decisions. Where quoted, past performance is not indicative of future performance.
Views: 662 B-Roots

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