Get the free State and local tax advisor: July 2022 - Plante Moran
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STATE OF NEW YORK DIVISION OF TAX APPEALS ___ : In the Matter of the Petition : of : LENDER CONSULTING SERVICES, INC.DETERMINATION DTA NO. 829198: for Revision of a Determination or for Refund of
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Who needs state and local tax?
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Individuals who earn income or own property in a state or local jurisdiction that imposes taxes are required to pay state and local taxes.
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What is state and local tax?
State and local tax is a tax imposed by states, cities, counties, and other local jurisdictions on various types of income, products, and services.
Who is required to file state and local tax?
Individuals, businesses, and other entities that earn income or conduct business activities within a state or local jurisdiction are required to file state and local tax.
How to fill out state and local tax?
To fill out state and local tax, individuals and entities must gather income and expense information, complete the necessary tax forms, and submit them to the appropriate state or local tax authorities.
What is the purpose of state and local tax?
The purpose of state and local tax is to fund various government services and programs, such as education, infrastructure, public safety, and social services, at the state and local levels.
What information must be reported on state and local tax?
Income, deductions, credits, and other financial information must be reported on state and local tax forms.
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