Does Iowa Charge Sales Tax on Internet Sales?

Iowa Sales Tax Information Iowa requires businesses to collect sales tax on Internet sales if revenue thresholds are met. Effective July 1, 2019, marketplace sellers exceeding revenue thresholds must charge Iowa sales tax. Physical presence retailers must collect Iowa sales tax. The Supreme Court’s Wayfair v. South Dakota decision allows Iowa to tax retailers without … Read more

Is Gold Mining Open Pit?

Mining Methods and Techniques Open-pit Mining: Used when the deposit is close to the surface. Involves digging a large pit to access the deposit. Heap Leaching: Used for low-grade deposits. The extracted ore is crushed and processed. Underground Mining: More complex. Digs tunnels to reach deposits. More expensive than open-pit. Key Factors in Mining Operations … Read more

Can an LLC Own Stock? Overview of LLC Ownership and Structure

A limited liability company (LLC) is designed to be privately owned. LLC shares are called ‘membership interests.’ LLCs can issue debt securities like bonds, but the process may be more complicated than issuing stocks. Unlike a corporation, an LLC does not issue stock. Owners receive interests based on their capital contribution. LLC Ownership and Membership … Read more

What Are the Requirements for a Business License in Virginia?

Business License Requirements in Virginia Virginia does not require a statewide business license. You’ll need an ABC license to sell alcohol. Cities and counties may require businesses to obtain local licenses. Obtaining a Virginia Business License The Department of Professional and Occupational Regulation assists in determining licensing needs. Contact the appropriate agency for license application. … Read more

What Is a Nutraceutical Product? Understanding Nutraceuticals

Nutraceuticals are products derived from foods that provide extra health benefits beyond basic nutrition. They are concentrated forms of food components with scientifically proven health benefits. What are Nutraceuticals? The term combines “nutrient” – a nourishing food component – and “pharmaceutical” – a medical drug. It was coined in 1989 by Stephen DeFelice, founder of … Read more

How Donuts Are Made in a Factory?

How are Donuts Typically Made? Donuts are typically ring shaped with a hole in the middle. They are easily and quickly made. Dough is mixed and shaped, dropped into oil and fried, glazed. Jam filled are bismarks. Batters vary, often chocolate, lemon, fruits, or nuts. Ingredients and Varieties Ingredients commonly include: flour, yeast, baking powder, … Read more