Regarding local sales tax rules in Texas, how should I prioritize the collection of taxes when the local city rate where the job is conducted would cause me to exceed the 2% cap after adding the state's 6.25% and my place of business's local rate of 1%? Specifically, if there are special districts with rates that could still be added without exceeding the cap, should I collect those rates or omit them due to the priority rules?

November 11th, 2024

Sign Up to View Answers

Create an account to view answers and interact with the community!

Related Questions

I was married for 15 years and then got divorced. My ex-spouse, who is 5 years older than me, made substantially more than I did. I am aware that I could take 50% of my benefit and 50% of their benefit and total them for my benefit. What happens if I retire at 62 and start collecting $1165/mo, while she decides to wait until she is 70 years old? Does the benefit I would get for her earnings be set at her level when she was 62, or would her 50% benefit contribution be set when she is at 70 years old? How does the age at which each person starts collecting benefits affect the 50% portion?

June 19th, 2023

We are a new company formed in July this year in Michigan. We would like to know how often we shall file tax returns, who to hire for tax filing and record maintenance, and how to find a tax professional for a small company.

November 21st, 2024

How can I find my Adjusted Gross Income (AGI) and get copies of my tax returns?

April 18th, 2024

If a vendor changed its name in the middle of the year, how should I split the total amount for issuing 1099s? Some invoices were issued under the new name, but checks were printed with the old name. Should I use the amount split by the name on the invoice or the check?

July 7th, 2023

I am 83 years old and receive Social Security. I recently discovered that my property tax bill for $935.74 was not paid, and I need to know if I can still set up a payment plan for four payments of $233.95 each. I was recovering from a broken leg and ankle and was unable to manage my finances properly. Can I still arrange for this payment plan?

August 6th, 2024