Sales & Use Tax

By Diane Yetter Sales Tax is defined as a tax on the sale, transfer, or exchange of a taxable item or service. The Sales Tax generally applies on the sale to the end user or ultimate consumer. The

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By Diane L. Yetter  Noncompliance—whether on the sales tax collection side or the use tax accrual side—can lead to considerable financial risk for a company in a number of ways. On the sales

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Incentive payments are made to compensate nonemployees for such things as product suggestions, referrals, or participation in surveys or focus groups. In some cases, payment might even be offered as

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As of April 1, 2013, the Canadian province of British Columbia reverted back to the provincial sales tax (PST) from the harmonized sales tax (HST). The PST retained its former 7 percent tax rate and… Read More

GST Calculation Guide HST Calculation Guide (12 percent) HST Calculation Guide (13 percent) HST Calculation Guide (15 percent) 5 Percent Goods and Services Tax (GST) Calculation To calculate GST,

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Have a Canadian tax question? Need help filing a tax return? Want detailed instructions on how to fill out a specific form? The Canada Revenue Agency (CRA) has several ways to contact them if you

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by Diane Yetter Most companies are carefully monitoring all cash outflows as a direct result of the uncertain economy. At the same time, however, many states are increasing their audit resources and

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