Taxability is an area that if you get wrong can lead to large amounts of taxes owed, penalties, and interest. Business and their trusted advisors sometimes get this wrong. One area of trouble, in particular, is membership fees.
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By: Jayci Trujillo
In hockey, the penalty box is a location where players sit to serve time for a given penalty. Penalties are commonly given to a player who violates a rule of the game. Sometimes this violation is intentional, and sometimes it’s just human error, plain and simple. This is no different than in sales tax.
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