Business owners filing for a utility sales tax exemption for the first time, often assume that with their tax-exempt status, they’ll also be automatically refunded on their previous tax payments.
Category: Utility Studies
Your Commercial Energy Bill—It May Be Inaccurate!
Do you know, on average, 80% of companies suffer overcharges on utility bills because of calculation errors and discrepancies by utility providers?
Why You Should Choose Enguard as Your Utility Tax Consultant
Looking for a utility sales tax consultant in Indiana that can help you minimize your tax savings?
Sales Tax Saving Tips for Restaurateurs Operating in Indiana
From the roof-top hideouts grilling the delicious steaks to ice cream parlors laden with the sweetest of flavors, Indiana is home to all types of restaurateurs. Operating in a competitive industry, these restaurateurs do everything to make their customers happy so that they keep coming back for more. And when the flip of the presenter is primed with a discount on offer, served as the main course of a restaurant’s strategic tax savings menu, who would not love to come back? However, the challenge for restaurateurs lies in mastering the culinary skill, striking the balance between compliancy and making most of the tax savings on offer. Many fail at it, but almost all successful restaurant chains that have been here serving the hungry buds, they have cracked the art. Today, we highlight how to up your tax savings game and be among those counted few. 1) Realize Your Tax Savings on…
What Non-Profit Organizations in Indiana Need to Know About Utility Sales Tax Exemptions
Here at Enguard Inc, we have successfully facilitated many non-profit organizations, advising them on how to reduce their overhead expenses by leveraging tax exemptions and deductions. After all, for non-profit organizations, efficient utilization of financial resources is very important, as they don’t have profit streams to rely on.
How to File for Utility Sales Tax Exemption in Indiana?
The state of Indiana allows businesses to avail tax saving benefits on utility purchases, provided that the purchased utility is directly used in the production of a tangible property produced with the intention of selling. Yet, many businesses fail to use these offered tax exemption benefits, overpaying in the process.
Rise Of Virtual Currency – How Is This Taxed By the Government
Known as ‘bitcoin’, virtual currency has been around for some time. As it grows more popular, certain questions about its taxation also arise.
Analyzing the Benefits of Cost Segregation
Business owners are always looking for ways to make their operations more efficient, cost-effective and able to conduct precise and useful resources allocation. Did you know effective tax planning and strategizing can help a lot to achieve these goals?
4 Red Flags to Look Out For When Avoiding an IRS Audit
Nothing worries taxpayers more than the possibility of an IRS audit. An organization known for their ruthlessness when it comes to conducting audits, it should be known the IRS doesn’t pick at certain businesses.
5 Methods of Understanding Utility Tax Exemptions for Manufacturers
There are many ways businesses in Indiana can reap benefits from the tax process. Businesses don’t realize that many U.S. states offer sales tax utility exemptions. Manufacturers and businesses can potentially benefit from big sales tax savings based on these exemptions.