What is the tax filing window?

What is the tax filing window?

Even though taxes for most taxpayers are due by April 15, 2021, you can e-file (electronically file) your taxes earlier. The IRS likely will begin accepting electronic returns anywhere between Jan. 15 and Feb. 1, 2021, when taxpayers should have received their last paychecks of the 2020 fiscal year.

Do you pay tax on window cleaning?

All self employed Window Cleaners have to complete a tax return. It is important that you are aware of what allowable expenses you can claim against your income. Basically any expenses that you have incurred which are wholly and exclusively for your work are tax deductable.

Which states have a B&O tax?

The business and occupation tax (often abbreviated as B&O tax or B/O tax) is a type of tax levied by the U.S. states of Washington, West Virginia, and, as of 2010, Ohio, and by municipal governments in West Virginia and Kentucky.

What expenses can I claim as a window cleaner?

Window cleaner: General expenses

  • trade association membership subscriptions.
  • subscription to a trade journal.
  • protective equipment.
  • computer supplies and general business sundries.

Is there VAT on cleaning services?

Re: vat on domestic cleaning services Yes, they should charge VAT.

How is B and O tax calculated?

The tax amount is based on the value of the manufactured products or by-products. The Manufacturing B&O tax rate is 0.484 percent (0.00484) of your gross receipts. For products manufactured and sold in Washington, a business owner is subject to both the Manufacturing B&O Tax and the Wholesaling or Retailing B&O Tax.

What is WA B&O tax?

The state B&O tax is a gross receipts tax. It is measured on the value of products, gross proceeds of sale, or gross income of the business. Washington, unlike many other states, does not have an income tax. Washington’s B&O tax is calculated on the gross income from activities.

Do I have to pay Connecticut state taxes?

You must file a Connecticut income tax return if your gross income for the taxable year exceeds: $12,000 and you are married filing separately; $15,000 and you are filing single; $19,000 and you are filing head of household; or.

author

Back to Top