Think about using the IRS’ official estimator. There are two ways to calculate your sales tax deduction: Pull your hair out trying to find receipts for everything you bought during the year ...

This figure could help you evaluate your business performance and is important for financial reporting and preparing taxes ... financial metric. To calculate net sales, you start with gross ...

It’s the percentage of your taxable income you pay in taxes. To calculate your effective tax rate, find your total tax on your income tax return and divide it by your taxable income. Your ...