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State of Idaho Web Site



link to tax calendarListed below are the most common taxes a small business or a business owner may be required to pay listed by the agencies that collect them. 

Your business may be eligible for a tax credit or incentive for certain business activities. Agencies offering tax credits are listed below.

Idaho Department of Commerce
Tax Incentives -
Idaho Department of Insurance
Hospital and Professional Service Corporation Tax - Paid by hospitals and professional service corporations that self-fund their insurance coverage -
Premium Tax - Paid by insurance companies; workers comp insurance is excluded -
Idaho Department of Labor
  Unemployment Insurance (a tax, not insurance) -
Hiring Incentives & Tax Credits -
Idaho Industrial Commission
  Premium Taxes
Premium Tax - Paid by insurance companies that offer workers comp insurance -
Premium Tax - Paid by companies that self-insure workers comp coverage -
Idaho State Tax Commission
Auditorium Districts Local Sales Tax (Boise, Idaho Falls, Pocatello) -
Beer and Wine Taxes - Beer:
Cigarette and Tobacco Taxes - Cigarette:
  Coin Operated Amusement Device and Vending Machine Annual Decals -
  Estimated Taxes
  Estimated Taxes - Corporations -
  Estimated Taxes - Individuals - Payments are optional -
  Fiduciary Tax -
  Gasoline and Fuels Taxes -
  Illegal Drug Stamp Tax -
  Income Taxes
  Income Tax - Business -
  Income Tax - Personal -
  Income Tax Withholding Account - Establishing -
  License Tax on Electricity (Kilowatt Hour Tax) -
  Local Option Taxes
  Local Option City Sales Tax - Collected in 13 Cities -
  Local Option County Sales Tax - Nez Perce County - (until October 1, 2014)
  Mine License Tax -
  Sales and Use Taxes
  Multi-jurisdiction Uniform Sales and Use Tax Exemption Certificate - Accepted in 38 states -
  Non-profits/Charities -
Prepaid Wireless Fee -
  Sales and Use Tax (resellers permit) -
  Temporary Sales Tax Permit -
  Sales tax for contractors who improve real property -
  Sales tax for temporary events -
  Sales tax - recreation and admission fees -
  Severance Tax - charged on the production of oil and gas -
  Travel and Convention Hotel/Motel Tax -
  Use tax -
  Vending Machine Annual Decal -
Internal Revenue Service
  Affordable Care Act Tax Provisions -
Estimated Taxes
  Corporations -
Self-employed/Independent Contractors -
Farmers/Fishermen -
Excise Tax -
Hobby Business -
Income Tax - Business and Personal
Business -
Personal -
Luxury Tax (a form of Excise tax) -
Medicare Tax (FICA) -
Non-profits/Charities -
Outsourced Payroll and Tax Reporting -
Self-employment Tax -
  Social Security Tax (FICA) -
Tax Credits/Incentives -
Tax Payer Identification Number (EIN) -
Unemployment Tax - Federal -
Section 179 Depreciation Deduction - renewed for 2014 -
U.S. Department of the Treasury Alcohol and Tobacco Tax and Trade Bureau - Alcohol, Cigarette and Tobacco, Firearms and Ammunition Tax -

Property Tax (real estate and personal property) - Property taxes are established and collected by individual counties and taxing districts, not by the state. The collected funds are used to finance local services, such as roads, schools and libraries. Two types of property tax are collected, personal property tax and real estate property tax.

Personal property tax is assessed on the value of depreciable assets owned by a business, including machinery, equipment, and office equipment (including computers, software, fax machines, desks, chairs, and more). The tax is paid annually or semi-annually in December and June to your local county assessor.  The first $100,000 of a business's personal property is exempt from taxation.

Real estate
property tax is collected on the assessed value of real estate (real property) owned by a business or an individual. Real estate taxes are paid annually or semi-annually in December and June to your local county assessor.

Personal property tax is not in any way related to income tax. If you own a business, you may owe property tax. The tax must be paid regardless of whether your business has income or owes income tax. Failure to pay property tax can result in a lien being filed against the business's real estate and/or equipment.

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