Arizona Small Business Mostly Report (Form 25C) is a form that businesses in Arizona must use to report their monthly tax liability to the Arizona Department of Revenue. It is used to calculate, pay, and report the state's transaction privilege tax, which is a tax on the privilege of conducting business in the state. Depending on the business' classification, there are two types of Arizona Small Business Mostly Report (Form 25C): Form 25C-1 for businesses that are required to file a monthly return and Form 25C-2 for businesses that are required to file a quarterly return. The form requires businesses to report their gross income, deductions, taxes owed, and other relevant information. Businesses must submit the form to the Arizona Department of Revenue before the due date. Failure to complete and submit the form by the due date may result in penalties and interest.
Arizona Small Business Mostly Report (Form 25C) is a form that businesses in Arizona must use to report their monthly tax liability to the Arizona Department of Revenue. It is used to calculate, pay, and report the state's transaction privilege tax, which is a tax on the privilege of conducting business in the state. Depending on the business' classification, there are two types of Arizona Small Business Mostly Report (Form 25C): Form 25C-1 for businesses that are required to file a monthly return and Form 25C-2 for businesses that are required to file a quarterly return. The form requires businesses to report their gross income, deductions, taxes owed, and other relevant information. Businesses must submit the form to the Arizona Department of Revenue before the due date. Failure to complete and submit the form by the due date may result in penalties and interest.