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Tag: Income tax

Do I Pay Sales Tax The Same as Income Tax?

August 16, 2019May 8, 2024 Harriet Gatter

Ask the Accountant… Question: If I do my taxes based on when I get paid for orders, does that mean I pay my sales taxes the same way? Answer: Not necessarily. The basis with which you calculate your income taxes does not have to be the same as your sales tax basis. There are two…

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ManagementAccounting, ask the accountant, harriet gatter, Income tax, Sales tax

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