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Recent Tax Collection questions

We are building an online marketplace. We have some

We are building an online marketplace. We have some questions related to how and when to collect sale tax from Buyers. We would like a E-commerce business Lawyer or Tax professional to help us with our questions. Please help.

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

22,480 satisfied customers
If my 3 month old business(gift shop) (managed by someone

If my 3 month old business(gift shop) (managed by someone else) has been charging 10% sales tax when the rate should have been 7% and we now have $100,000 in gross sales, can I be in legal trouble as the owner of this business?JA: The accountant will know how to help. Is there anything else the accountant should be aware of?Customer: I don't think so. it is in Ohio and it is an LLC.

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Mark Taylor

Certified Public Accountant

Masters

3,750 satisfied customers
I am working on my tax return for 2015. I know. Kinda late,

I am working on my tax return for 2015. I know. Kinda late, but still will meet that October 17th extension deadline. Anyway, I have had some business losses (small business venture) here and there over the last few years. Concerned that the IRS might do an audit and say that its a "hobby." I will give you more specifics in a moment.JA: The Accountant will know how to help. Is there anything else the Accountant should be aware of?Customer: yes ... moment...

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PDtax

Owner

Master's Degree

8,046 satisfied customers
Are you familiar with NC Corp State Tax Law? OK - is Pearl

Are you familiar with NC Corp State Tax Law ?JA: No. I'm the Accountant's Assistant.Customer: OK - is Pearl familiarJA: The Accountant will know how to help. Please tell me more, so we can help you best.Customer: I had 3 businesses that I sold between 2005-2007 time frame. All of them went thru an Audit and without the long story, I was not defended well and owed a massive amount of State Tax money between 2003-2006. Business 1, I paid in full, business 2 and 3 have attempted payment plans over the years. In 2014, the State moved my entire amount owed from a business's account to my personal SS number and wrote off any amount owed that was past the 10 year mark. Now everything is past the 10 year mark and last May, the state garnished my income to help reduce the debt faster. Seems to me that everything is past the 10 year, I should be able to get out of this debt.. I realize I owe but this is hard to pay back with interest, penalties, etc.JA: Is there anything else important you think the Accountant should know?Customer: That is main idea

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PDtax

Owner

Master's Degree

8,046 satisfied customers
I am just trying to discern what sales tax we need to

I am just trying to discern what sales tax we need to include in our lump sum contract for a project in Arlington TXJA: The Accountant will know how to help. Please tell me more, so we can help you best.Customer: We are a General Contractor from Wisconsin bidding on a Build A Bear store in Arlington TXJA: Is there anything else the Accountant should be aware of?Customer: We are using subcontractors that are local and purchasing any materials from our vendors that we normally use.

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Mark Taylor

Certified Public Accountant

Masters

3,750 satisfied customers
I wish you can help me, I'm working on st-1 form body

I wish you can help meJA: The Accountant will know how to help. Please tell me more, so we can help you best.Customer: I'm working on st-1 form for Illinois for auto body business. My client received the check from insurance for 3441 including a tax in amount of 184. There is only this transaction for the whole month (it's a new business). I have a problem with Step*****1 formJA: Is there anything else important you think the Accountant should know?Customer: my client told me that he needs to pay the whole tax amount 184. I would like to make sure if this is correct.

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Dr. Fiona Chen

President

Ph.D.

1,036 satisfied customers
I need to know if my cleaning company is based in florida and

I need to know if my cleaning company is based in florida and I am a subcontractor that also subcontracts out 100% of my work (1099) Do I pay sales tax on my gross profit?I do work in Texas and florida

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

22,480 satisfied customers
What is the irs definition of a deceased person's estate?

what is the irs definition of a deceased person's estate? if I own property as joint tenancy does it pass to the co-owner without the co-owner being obligated to IRS for my tax debt? if irs placed a lien on this property that I do not own outright, will the lien be lifted upon my death?

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Lev

Retired

Bachelor's Degree Equivalent

25,432 satisfied customers
My son in 24 and want to start a small business on the

My son in 24 and want to start a small business on the property where we live. What would the necessary documents be needed to start this business and would he need some type of tax Id number. He has a permit already and the property where the business will be is owned by my husband and I. We live in the state of Louisiana.

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Lev

Retired

Bachelor's Degree Equivalent

25,432 satisfied customers
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