Sometimes people mix up different types of taxes due to complexities of various state laws. State sales tax and use tax, for example, are two different types of state taxes, but are similar. While a sales tax is placed on various consumer goods and services, the use tax is applied to tangible personal property that is used in the state, but not subjected to a sales tax.
Topics: No Sales Tax State
Traveling the country in your recreational vehicle (RV) full time is an adventure that many Americans dream about for retirement age. Whether you are retiring or wanting to live a minimalistic lifestyle at any age, life on the road has many personal advantages. Many who adhere to the minamalistic life find that they enjoy the simpleness of living in a smaller traveling space with less material goods. Here is a summary of the pros and cons of pursuing the full time RV lifestyle.
When you buy a luxury car, you may want to plan it around a certain holiday, especially if it's a gift to someone else. Just like with conventional cars, luxury vehicles can get marked down on widely celebrated holidays. Most don't know which are the best holidays to buy a luxury car.
Here are the five best holidays for buying a luxury car if you're trying to save money.
Going green is not just a trend. Every one plays an important part in in making our world eco-friendly. Being responsible about using valuable resources and caring about the size of our carbon footprints are here to stay. Electric cars, recycling and solar heating are just the beginnings.
Besides going green in your home, electric vehicles have now become increasingly popular. To show you how serious our world is about going green – check out our nation's newest highways. Have you heard about the green road?
Most Americans have to pay a sales tax when they make purchases, unless you happen to live in one of the five states that do not require a sales tax. Those five states are Montana, Oregon, Alaska, Delaware and New Hampshire. The main advantage of these states with no sales tax are big savings on major purchases. You can create further benefits for yourself by launching an LLC business and registering your vehicles through your company in one of those five states.
The electric car revolution is finally picking up speed after over a century of gradual development. Going electric has become very appealing to environmentalists, car collectors and drivers who desire energy efficiency. If you're worried about high registration fees and taxes, consider registering the electric car through a Montana LLC, where there is no sales tax and minimal fees. Here are important details you should know about going electric.
The awareness of the importance of “living green” has increased significantly over the last decade. This movement includes cars, homes, businesses – and you guessed it – RVs. We have become a country of people who have become more and more aware of our carbon footprints.
The definition of a carbon footprint can be scientifically explained - but simply stated – each of us produces a carbon footprint by the amounts of resources that we use. One of the primary sources that contribute to a carbon footprint is emissions from vehicles in road travel. This is why you see car manufacturers working diligently to increase the number of hybrid-electric vehicles that emit less carbon.
Each of us has a carbon footprint. The more we use resources such as gas, oil, coal and the like – the larger our carbon footprint.
Collecting cars can be rewarding on one hand and expensive on the other. Many states, unfortunately, make this vision cost-prohibitive, even for high income earners. Luckily there's a way to save money if you start an LLC in Montana. Here are some important tips on how you can beat high taxes and fees when purchasing vehicles and save money through an LLC.
When you are able to say goodbye to your everyday job and hello to retirement –RV life may be the life you’ve been looking forward to. If you haven’t considered RV travel and have wondered what to do with your time now that you’re retired, you may want to look into it. This type of retirement has led to many successful retirement outcomes.
Once you have purchased your home on wheels – you’ll be ready to start the next chapter of your life. RV travel has become a popular way of life for many retirees and can be as exciting – or as laid back as you want to make it. You might like to have a specific destination in mind to spend part or all of the year – or if you might prefer to travel in order to check off places to see that you have had on your bucket-list. To make your journey more enjoyable, here are a few tips.
The five states in America that don't collect a sales tax are Montana, Oregon, Alaska, Delaware and New Hampshire. Prior to the Great Depression, state sales taxes were mostly non-existent throughout the nation except in a few places. But starting in the 1930s, several states began to adopt these taxes as part of an economic recovery process. By 1940 sales taxes could be found in over half the country. Three decades laters, sales taxes became the top source of income for most states. These are the 5 states that don't have sales tax.
Topics: No Sales Tax State