What Are The Major Advantages And Disadvantages Of Filing A Consolidated Tax Return?

What Are The Major Advantages And Disadvantages Of Filing A Consolidated Tax Return? offsetting the profits of one company against losses of another; netting out capital gains and losses; no tax on intercompany distributions; the recognition of income is deferred on intercompany transactions; What are the major advantages and disadvantages of filing a consolidated tax

Are Property Maintenance Purchases Tax Free?

Are Property Maintenance Purchases Tax Free? Installation and repair services are not generally considered taxable. What services are exempt from sales tax in California? Some items are exempt from sales and use tax, including: Sales of certain food products for human consumption (many groceries) Sales to the U.S. Government . Sales of prescription medicine and