When doing your Coeur d’Alene business bookkeeping its vital that you document taxes and license fees and expenses in the right category. Do not include federal income or self-employment taxes, which are not deductible. Do not include sales taxes on goods and services you purchase, which are added to the cost of the purchase.
- Business taxes
- Employer’s taxes
- Floor tax
- Gross receipts tax
- Inventory tax
- License tax
- Permit fees
- Property taxes (other than home businesses)
- Sales tax collected from customers
- State income taxes (corporation only)
For Tax Resolution or Tax Preparation services in Coeur d’Alene Idaho click here.
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