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Upload your document to the designated drop box by the due date.

Pleaseinclude all calculations.

SALES& USETAX

What is the tax rate for the zip code 29584?

What is the county forzip code29228?

What type of local tax is listed for York County? When was the effective date?

What age can a person claim an exemption from states sales and use tax on purchases and how much is the exemption?

If you make sales at a flea market for5months out of the year, are you required to obtain a retail license?If not, why?

If your company purchases items from an online retailer located in Texas, and has them shipped to your office in North Charleston, South Carolina, who is responsible for paying or collecting the tax?

What is the statewide sales and use tax rate?

When is the return due for a business that follows a monthly filing schedule period that ends on September 20th?

What formisused to file a Sales and Use Tax Return?

What is the discount for timely filingfor taxes $100 and over?

Businesses with a ________ in a state are required to collect sales tax from their customers on most retail sales.

CC Company located in South Carolina, purchases shoes from KJ Shoebox, Inc. in Texas. KJ Shoebox, Inc. has an established nexus in South Carolina. DoesKJ Shoebox, Inc. (the seller) collect use tax from CC Company and remit it to the State of South Carolina?

What is considered taxable for sales tax?

Dupri, Inc. made $812,000 in product sales. Only 25%of the total is subject to a sales tax of 6.2%.If necessary, round to two decimal places.

What is the amount of cash collected from customers?

What is the sales tax liability?

INCOME TAX

Who pays income tax and on what type of income?

What method is used to calculate income tax when the tax rate and taxable amount both increase?

What form is used by a corporation to report their income?

What is the due date to file the form? Can the form be e-filed if there is a balance due?

What is the due date for paying any taxes due?

If a corporation has totals assets of $10 million or more, what schedule is required?

Beginning in 2015, under the Affordable Care Act, how many full-time employees or full-time employees in the previous yearare required foran applicable employer to report the information required about offers of health coverage and enrollment in health coverage for their employees?

What section(s) would be used to report the information in #7 above?

What form is used to file an informational return?

Who files an informational return?

When is the informational return due?

Donot for profit organizations pay income tax even if they engage in activity that is unrelated to its purpose?

What is a Schedule K?

What is a Schedule B?

Whatmust be included if an extension is filed?

BUSINESS LICENSES

What is a business license?

What is the primary purpose of a business license?

Is a business license fee considered as income tax? If not, what type of tax is it?

When calculating the business license fee, what amount isused?

What is the purpose of the business license ordinance?

If a business had no income for last year, are you required to renew the business license?

If you have a class5businesslocated outside of the municipal limitsof Summerville, with income of $152,000, what would your business license fee be?Show calculations.

Youownatowel supply servicecompany. What istheNAICS code?

You own aWhatis the rate classforyour business?

Is there a hospitality tax for sales of prepared foods and beverages? If so, how much is it and when is it due?

BUSINESS PERSONAL PROPERTY

What is the business personal property tax?

Who administers the business personal property tax?

What formis filedto report Business Personal Property?

What is the penalty for failure tofile or list property?

A taxpayer has a calendar year account that closes on October 31st. When would a timely return be due?

Name: Answer the questions directly on this form using red font color. Save the document as Last Name, First Initial. (Gordon, C) Upload your document to the designated drop box by the due date. Please include all calculations. SALES & USE TAX What is the tax rate for the zip code 29584? What is the county for zip code 29228? What type of local tax is listed for York County? When was the effective date? What age can a person claim an exemption from states sales and use tax on purchases and how much is the exemption? If you make sales at a flea market for 5 months out of the year, are you required to obtain a retail license? If not, why? If your company purchases items from an online retailer located in Texas, and has them shipped to your office in North Charleston, South Carolina, who is responsible for paying or collecting the tax? What is the statewide sales and use tax rate? When is the return due for a business that follows a monthly filing schedule period that ends on September 20th? What form is used to file a Sales and Use Tax Return? What is the discount for timely filing for taxes $100 and over? Businesses with a ________ in a state are required to collect sales tax from their customers on most retail sales. CC Company located in South Carolina, purchases shoes from KJ Shoebox, Inc. in Texas. KJ Shoebox, Inc. has an established nexus in South Carolina. Does KJ Shoebox, Inc. (the seller) collect use tax from CC Company and remit it to the State of South Carolina? What is considered taxable for sales tax? Dupri, Inc. made $812,000 in product sales. Only 25% of the total is subject to a sales tax of 6.2%. If necessary, round to two decimal places. What is the amount of cash collected from customers? What is the sales tax liability? INCOME TAX Who pays income tax and on what type of income? What method is used to calculate income tax when the tax rate and taxable amount both increase? What form is used by a corporation to report their income? What is the due date to file the form? Can the form be e-filed if there is a balance due? What is the due date for paying any taxes due? If a corporation has totals assets of $10 million or more, what schedule is required? Beginning in 2015, under the Affordable Care Act, how many full-time employees or full-time employees in the previous year are required for an applicable employer to report the information required about offers of health coverage and enrollment in health coverage for their employees? What section(s) would be used to report the information in #7 above? What form is used to file an informational return? Who files an informational return? When is the informational return due? Do not for profit organizations pay income tax even if they engage in activity that is unrelated to its purpose? What is a Schedule K? What is a Schedule B? What must be included if an extension is filed? BUSINESS LICENSES What is a business license? What is the primary purpose of a business license? Is a business license fee considered as income tax? If not, what type of tax is it? When calculating the business license fee, what amount is used? What is the purpose of the business license ordinance? If a business had no income for last year, are you required to renew the business license? If you have a class 5 business located outside of the municipal limits of Summerville, with income of $152,000, what would your business license fee be? Show calculations. You own a towel supply service company. What is the NAICS code? You own a What is the rate class for your business? Is there a hospitality tax for sales of prepared foods and beverages? If so, how much is it and when is it due? BUSINESS PERSONAL PROPERTY What is the business personal property tax? Who administers the business personal property tax? What form is filed to report Business Personal Property? What is the penalty for failure to file or list property? A taxpayer has a calendar year account that closes on October 31st. When would a timely return be due