How Should Internet Marketing Services Be Ctegorized For Tax Purposes

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The following is a list of common business activities and which tax classifications to use on the Excise Tax Return. It provides general guidelines, not specific reporting instructions.

You should also consider listing office furniture here, as some of it may be tax deductible depending on the cost. 8. professional services. professional services are fees charged by individuals with training in a specific field, hired by your company to perform a service.

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Internet tax is a tax on Internet-based services.A number of jurisdictions have introduced an Internet tax and others are considering doing so mainly as a result of successful tax avoidance by multinational corporations that operate within the digital economy. Internet taxes prominently target companies including Facebook, Google, Amazon, Airbnb, Uber. …

If you made less than $75,000 gross based on your 2019 tax returns ($150,000 in households with a couple filing jointly) you …

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