Author's articles
What is sales tax?
By Nashib Umer · 13 years ago
Sales tax is imposed on all retail sales, leases and rentals of most goods, as well as taxable services. In other words a sales tax is a tax on the end-purchase of a good, so ...
Workers' Compensation Insurance
By Nashib Umer · 13 years ago
Workers' Compensation Law
The Workers' Compensation Law became effective in New York on July 1, 1914. The law is administered by the NYS Workers' Compensation Board. Under the law, an employer is obligated to provide ...
Income Tax-filing Information
By Nashib Umer · 13 years ago
Do i have to file return?
You must file a federal income tax return if you are a citizen or resident of the United States or a resident of Puerto Rico and you meet the ...
Foreign Entity Qualification
By Nashib Umer · 13 years ago
What is Foreign Entity or foreign entity qualification?
A foreign business entity is an entity formed under a statute or common law in a jurisdiction other than the state in which your corporation was originally ...
What is reseller program?
By Nashib Umer · 13 years ago
A reseller program is a phrase sometimes used to describe an affiliate program. Strictly speaking, it's a bit different.
A reseller buys products in bulk and resells them, collecting the money from the customer. In ...
Import and Export License
By Nashib Umer · 13 years ago
Definition of Import
The term "import" is derived from the conceptual meaning as to bring in the goods and services into the port of a country. The buyer of such goods and services is referred ...
What is form 1099(Outside Services or Sub-Contractor)?
By Nashib Umer · 13 years ago
Working on a 1099 basis actually means that you are working as a true Independent Contractor under the IRS rules. You work on a 1099 basis when you are self employed such as a sole ...
Forming a Partnership
By Nashib Umer · 14 years ago
If you have decided to form a partnership then you must go through an extensive process to make your partnership legally authorized. In this act of deed you need to start with;
Discussing the details ...