Tax blog: guides, worked examples and explainers – page 87
Practical guides with worked examples, each linked to a calculator you can use straight away.
- Sales tax in Massachusetts: rates, examples and what to watch for
The 6.25% state sales tax rate in Massachusetts, how local rates add on top, and a worked example for shoppers and sellers.
- Import duty and VAT in Taiwan: how to estimate the landed cost
How import duty and 5% VAT stack up on shipments into Taiwan, with a worked landed-cost example.
- How to remove VAT from a price in Ethiopia
Why you cannot just subtract 15% from a gross price in Ethiopia, and the correct formula for extracting VAT.
- FICA taxes explained for side hustlers
FICA taxes explained for side hustlers, with a worked example, a checklist and the mistakes to avoid.
- Extracting 7.5% VAT from a Nigeria price
Why you cannot just subtract 7.5% from a gross price in Nigeria, and the correct formula for extracting VAT.
- Selling an asset in Spain? Estimating capital gains tax
How to estimate capital gains tax on shares, property or other assets sold in Spain: gain, costs, rate and net proceeds.
- Importing goods into Cambodia: duty and VAT on the landed cost
How import duty and 10% VAT stack up on shipments into Cambodia, with a worked landed-cost example.
- How tax brackets work: what freelancers need to know
How tax brackets work explained for freelancers, with a worked example, a checklist and the mistakes to avoid.
- How tax brackets work explained for online sellers
How tax brackets work explained for online sellers, with a worked example, a checklist and the mistakes to avoid.
- Alaska sales tax guide: the 0% state rate and local add-ons
The 0% state sales tax rate in Alaska, how local rates add on top, and a worked example for shoppers and sellers.
- Withholding tax explained for new graduates
Withholding tax explained for new graduates, with a worked example, a checklist and the mistakes to avoid.
- What a tax deduction is really worth: what retail shop owners need to know
What a tax deduction is really worth explained for retail shop owners, with a worked example, a checklist and the mistakes to avoid.
- Property tax in South Dakota: estimating your annual bill
Estimate South Dakota property tax from assessed value and your local rate, and plan for it monthly.
- How Florida property taxes are calculated
Estimate Florida property tax from assessed value and your local rate, and plan for it monthly.
- Car sales tax in Florida: what you will pay on a vehicle
How vehicle sales tax is calculated in Florida, how a trade-in can reduce it, and which fees are added on top.
- Capital gains tax for Kansas residents
How federal and Kansas state taxes apply to capital gains, with a worked example.
- Writing a VAT invoice in Jamaica: what to include
The details a VAT invoice in Jamaica normally needs, how to lay out tax per line, and a worked invoice example at 15%.
- What it really costs to import into Egypt
How import duty and 14% VAT stack up on shipments into Egypt, with a worked landed-cost example.
- Self-employment tax for Georgia freelancers
How the 15.3% self-employment tax works for freelancers in Georgia, the 92.35% rule, the wage base and the deduction for half of it.
- How to show 20% VAT on an invoice in Türkiye
The details a VAT invoice in Türkiye normally needs, how to lay out tax per line, and a worked invoice example at 20%.