global affairs
Do you have to pay sales tax when you buy a used car?
Additionally, if you buy a used car instead of a new one, you must still pay a sales tax. You do not need to pay the tax to the vehicle dealer or private ...
Category: Global Affairs
global affairs
Is a resale certificate required in Texas?
In Texas, the sale of a taxable item that is intended for resale is exempt from sales tax. In order to purchase resale goods tax-free, you need to provide...
global affairs
Will money bounce back if account number is wrong?
In a lot of cases, if you have just simply entered a wrong number in the account number, the funds will bounce back, because of back-end checks employed b...
global affairs
Why is FAFSA still asking for 2018 taxes and not 2019?
The FAFSA requires applicants to use tax information from an earlier tax year, not the year of application. If your income dropped from what it was in 201...
global affairs
Is gift from son in law taxable?
Gifts received from relatives are exempt from tax. by virtue of Section 56 of the Income Tax Act. Gifts received under will/ by way of inheritance and gif...
global affairs
Is TurboTax Online Different Than download?
What’s the difference between TurboTax Online and TurboTax CD/Download? TurboTax Online offers the convenience of preparing and e-filing your tax return f...
global affairs
When do you cannot pay your tax bill?
When you cannot pay through your tax code. You will not be able to pay your tax bill through your PAYE tax code if: you do not have enough PAYE income for...
global affairs
What documents should a tax preparer keep?
Important documents tax preparers must keep include: Main tax form. Supporting tax schedule. Tax work papers. Client-prepared tax return checklist. Receip...
global affairs
Can I just purchase Color Street starter kit?
Absolutely not. That’s one of the advantages of joining Color Street. After purchasing the initial starter kit for $129.00 (pictured below) . You don’t ha...
global affairs
When do you get your Stimulus money on your tax return?
for tax return and refund processing timeframes. You will receive your stimulus payment beginning after April 15, 2021. You will receive your stimulus pay...
global affairs
What does it mean when EDD says not paid for week ending?
When you claimed benefits for the week(s) ending (dates), you declared you had no work or earnings. After considering available information, the Departmen...
global affairs
What taxes are withheld from employee pay in California?
California has four state payroll taxes which are administered by the EDD: Unemployment Insurance (UI) and Employment Training Tax (ETT) are employer cont...
global affairs
What do I do with an expired IRS refund check?
Write a short letter to the IRS that includes the statement “Return of expired check because . . . ” and explain that you are returning the check because ...