education
Who is exempt from sales tax in Pennsylvania?
Major items exempt from the tax include food (not ready-to-eat); candy and gum; most clothing; textbooks; computer services; pharmaceutical drugs; sales f...
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Education
education
Can you deduct bad debt on cash basis?
Generally, to deduct a bad debt, you must have previously included the amount in your income or loaned out your cash. If you’re a cash method taxpayer (mo...
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education
How do you calculate lifetime value of customer LTV?
In the simplest form, LTV equals Lifetime Customer Revenue minus Lifetime Customer Costs. Using a simple example, if a customer purchases $1,000 worth of ...
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education
Are there any errors on state tax returns?
Furthermore, the former preparer did not include an addition modification for bonus depreciation on the client’s state income tax return. Both errors resu...
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education
Should I claim tax-free threshold when changing jobs?
If you’re changing jobs during the year, you’re still entitled to claim the tax-free threshold on your new job. If you have more than one job at a time, i...
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education
What rental car company just went out of business?
Hertz Hertz, an early victim of the pandemic, officially emerged from bankruptcy on Wednesday. Its return coincides with and was made possible in part by ...
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education
Can you amend a 941X?
You can’t use the adjustment process. If you’re also correcting underreported tax amounts, you must file another Form 941-X to correct the underreported t...
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education
How much money should I have after graduating college?
During college, don’t worry about saving—take everything you have and use it to pay for college and stay out of debt. After college, target to save at lea...
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education
Is there a penalty for paying extra on student loans?
There are no prepayment penalties on federal student loans or private student loans. You can make extra payments on your student loans or pay them off in-...
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education
How do I renew my business license in Colorado?
How do I file a renewal? Log in to your account with your user ID and password. Click on “File a document”. On the Available for Filing page, click on “Re...
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