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The 2023 tax season deadline is set for April 18 and the IRS expects more than 168 million individual tax returns to be filed this year. The South Carolina Department of Revenue also began ...
A poll tax is a tax of a fixed sum on every liable individual (typically every adult), without reference to income or resources. Various privileges of citizenship, including voter registration or issuance of driving licenses and resident hunting and fishing licenses, were conditioned on payment of poll taxes to encourage the collection of this tax revenue.
The Department of Revenue is a department of the South Carolina state government responsible for the administration of 32 different state taxes in South Carolina. [1] The Department is responsible for licensing and taxing all manufacturers, wholesalers and retailers of alcoholic liquors. The Department is also responsible for enforcing the ...
A tax holiday is a temporary reduction or elimination of a tax. It is synonymous with tax abatement, tax subsidy or tax reduction. Governments usually create tax holidays as incentives for business investment, although the arrangement has also been characterized as a form of corporate welfare that leads to a redistribution of resources away ...
Employment tax: Tax-exempt businesses with employees must withhold Federal Income Tax Withholding (FITW) from employee wages and contribute to Social Security and Medicare taxes (FICA). Non-501(c ...
Last year, S.C. shoppers purchased over $30.4 million in tax-free items during the tax-free weekend.