What kinds of business taxes are involved?
Trustfile helps businesses quickly and accurately prepare, file and pay the following: • Sales/use taxes in Connecticut, Florida, Georgia, Illinois, Louisiana, Maryland, New Jersey, Pennsylvania, Tennessee, South Carolina and Wisconsin. (Use tax is paid by a buyer for using, storing, distributing or consuming tangible personal property or taxable services inside a jurisdiction) • Unemployment-compensation tax in Florida • Solid waste tax in Florida • Property tax in Georgia Q3: What is the process for filing business taxes? The Federal Internal Revenue Service, 45 states, the District of Columbia and some 200 local revenue agencies all require businesses to file separate returns for business taxes. Companies must file a return electronically (including online and telephonic filing) or on paper to each agency that requires it on a strict monthly, quarterly, semi-annual or annual schedule. Let’s look even more closely: Forty-six states impose a general excise/sales and use tax. Four of t
