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LOCALSPORTSCortland Countys annual Water Festival returns on June 1 with games, activities and exhibits.Page 3Homer girls lacrosse cruised to a dominant 192 win over Watertown in the Sec. III Class D playoffs Monday.Page 9$1.25Serving Cortland and surrounding communities since 18672024 daily No. 101newsstandCORTLAND, N.Y.TUESDAY, MAY 21, 2024Dryden Fiber panel wonders why more havent signed up sRemains optimistic about the municipal internet service By DOUG SCHNEIDER Staff Reporter...

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Who needs festival returns?

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Festival organizers who need to report financial information.

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What is festival returns?

Festival returns refer to the submission of financial information and tax data related to revenues generated during festival events, such as fairs, concerts, or local celebrations, to the relevant tax authorities.

Who is required to file festival returns?

Typically, event organizers, vendors, and businesses that generate revenue during festival events are required to file festival returns.

How to fill out festival returns?

Festival returns should be filled out by gathering all relevant financial records, such as sales receipts and expense invoices, and accurately reporting the total income and applicable expenses on the designated forms provided by tax authorities.

What is the purpose of festival returns?

The purpose of festival returns is to ensure that all incomes generated during festival events are accurately reported for tax purposes, allowing proper taxation and compliance with local regulations.

What information must be reported on festival returns?

Festival returns must generally report total revenue generated, itemized expenses, tax collected on sales, and any other relevant financial information pertaining to the festival activities.

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