Sales Tax Blog
Do You Pay Sales Tax on Water?
It’s July, and here in Florida, like many places, it’s HOT outside. Like, unbearably hot. It doesn’t take more than a few minutes outside before you start feeling thirsty. Try going for a bike ride or run, and about 5 minutes in, you’ll start actually fantasizing about a tall glass of ice cold H2O. Water is ubiquitous – we drink it, cook with it, bathe with it, swim in it. Water is one of the basic necessities of live. Without it, we would die. So would the rest of the planet. One would think that something so prominent, so NECESSARY, wouldn’t… Read More
All The Taxes You Could Pay In Your Lifetime
It’s said that there are two unavoidable things in life: death and taxes. While we can’t dodge that first one, there are certainly many people who try to reduce the pain of paying of taxes. This guide defines the taxes that most Americans will pay in their lifetimes and what they encompass. Use the following links to quickly jump to a section of interest. Taxes on Income & Business Taxes on Purchases Taxes on Investments & Savings Other Taxes Taxes on Income & Business 1. Payroll Tax This tax is generally a percentage deducted from the paychecks of staff (full… Read More
The 10 Things Every New College Student Should Know About Personal Finance
At AccurateTax, we practically eat, sleep, and breathe sales tax. But you’d be surprised at the number of adults who don’t really understand sales tax. For that matter, most high school graduates haven’t been taught much at all in the way of personal finance. Given the time of year, and the fact that schools’ curricula focuses on common core math through calculus, rather than balancing a checkbook and understanding consumer credit, we’d like to help. This month and next, millions of young people will graduate from high school and start preparations for the next step in their lives. As these… Read More