« Paving Hwy 52 | Main | Internet Access »
July 21, 2005
Business Tax Act License And Tax Report
I am sitting here looking at my "Business Tax Act License And Tax Report" form that Bill Kemp (Sumner County Clerk) has mailed out to every business in Sumner County. This is the form required to get a business license every year.
I think I shall award this form as the most confusing tax form ever invented. It pretty much beats the IRS.
Here are a few sample lines which I found amusing:
9c. Local & state tax liability. Local - Line 9a (local) less line 9b; State - Line 9a (state) plus 9b.
9d. Calculate percentage used to allocate penalty and interest. Divide line 9c (local) by the Sum of amounts (Local & State) Line 9c and enter as a percentage using the format of xx.xx%. Repeat calculation dividing line 9c (state) by the Sum of amounts (local & state) line 9c.
I guess this is a state form that the counties just mail out. If the form can't be simplified, an online calculator would be very handy.
Posted by admin at July 21, 2005 11:01 PM
Comments
Ouch! It beats the IRS? That must be pretty bad. I feel your pain.
Posted by: Business Licenses at November 7, 2006 01:04 PM
Just wondering if you figured out an easy way to complete this wonderful (confusing) form? Will you please e-mail @ Speakn4u2@aol.com if you can help. Thanks. I hope I hear from you soon
Posted by: Debbie at October 25, 2006 01:38 PM