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Murfreesboro Tennessee Form W-2: What You Should Know

W-2 Forms β€” Murfreesboro, TN β€” Tax Information website Tax filing for all residents and non-Residents. The Tennessee Department of Revenue maintains records for nonresidents of TN.Β  Business Tax β€” Business Income Tax Return β€” Murfreesboro, TN β€” Official Website Tennessee does not tax businesses or other types of income in the same manner as for people. In cases where an owner does not have business income or business activity, a Nonprofit Corporation Tax (CAT) is imposed on the entity. The Department of Revenue offers the following services. Business Name Change β€” Murfreesboro, TN β€” Official Website In Tennessee, a legal name change for businesses must be filed to register the new name. This information must be requested on your Tennessee Nonprofit Corporation TaxΒ Form (TN-2). Tax Services for Nonprofit Organizations β€” Murfreesboro, TN β€” Official Website Non-profit organizations such as schools and colleges may wish to review the list of Tennessee nonprofit organizations that have been approved by the Tennessee Department of Health and Human Services (HHS) as qualified and have the ability to issue tax-free bonds. Business Franchise Tax (BFT) Business Franchise Tax, Non-resident BFT Tax β€” Murfreesboro, TN β€” Official Website Tennessee does not tax business franchises. When a franchisee receives goods or services from another firm or entity, the franchisee pays tax on the purchase price. An entity that has a contract for the sale of goods or services of other individuals must determine if the contract is subject to the corporate income tax. The term of a contract is one year unless the contract is terminated with 60 days prior written notice. Business Franchise Tax (BFT) β€” Murfreesboro, TN β€” Official Website Business franchise tax is a tax on business franchises. When a franchisee purchases goods or services from another firm or entity, the franchisee pays tax on the purchase price. An entity that has a contract with another person must determine if the contract is subject to the corporate income tax. The term of the contract is one year unless the contract is terminated with 60 days prior written notice. Business Income Tax β€” Murfreesboro, TN β€” Official Website Nonresidents of Tennessee do not pay state business income tax, but they have to pay the state corporate income tax. Entertainment Tax β€” Murfreesboro, TN β€” Official Website The State of Tennessee does not tax business entertainment.

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