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Documentation for Tax Exempt Customers?

We have a diesel engine repair service and work for major oil companies. We buy parts tax free from a vendor to use for jobs that we perform. We do the labor and charge the customers for the parts that we had to use. Our customers say they are not to be charged taxes for the parts as they are tax exempt. What documents do we need to keep on file that covers us for not charging them taxes. And...who ends up paying the taxes on the parts? We don't pay them and neither does our customers. Thanks!


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Faces of loan modification: Christine...

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Extreme home makeover, Part IV: Progress at...

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E-filing tips that should save time, if not...

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IRS' e-file program gaining users

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Steer clear of auto warranty deals:...

Filed under: Transportation , Fraud , Consumer Ally Extended warranties of all sorts have always been a dicey proposition, but when it comes to extended auto warranties many don't even appear to be warranties at all. Missouri Attorney General Chris Koster took aim at the industry this week by suing six companies that market the so-called warranties and warning the public that what is being pitched isn't what you end up with. He said the industry is "rife with fraud." Koster said what consumers are actually buying into are limited "service contracts" or "automotive additives" deals rather than a traditional warranty. That was done to avoid consumer protections otherwise afforded by law, he said in a news release. The contracts are filled with catches. Among them: A 30 to 90 day (or 1,000 miles) timeframe when you can't make a claim. Promotion of a 7-year, 100,000 miles warranty extension that doesn't note coverage is limited to the declining value of the car. (In other words, Koster said, "The coverage may soon be less than the price paid by the consumer for the contact). Sending an additive to be put into your car immediately to activate coverage without noting that its use negates the ability to cancel. Continue reading Steer clear of auto warranty deals: Missouri AG sues 6 Steer clear of auto warranty deals: Missouri AG sues 6 originally appeared on WalletPop Blog on Fri, 13 Nov 2009 15:30:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

Extreme home makeover, Part II: Demolition...

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