Apply a bead of glue along one side of center piece of wood (Image 1). Quickly spread glue with a fingertip then lay it flat and butt against right-side piece (Image 2). Apply glue to right side of left piece, spread with fingertip and butt against left side of center piece (Image 3). Make sure edges are lined up.
To figure taxable income, you must value your inventory at the beginning and end of each tax year. To determine the value, you need a method for identifying the items in your inventory and a method for valuing these items.
13. Is self-assessed use tax at cost or price? Response: The basis of use tax is the purchase price of a taxable item, and the tax must be reported in the period in which the taxable item is first stores, used, or otherwise consumed in Texas. See Rule 3.346(b)(1)(B). 14. Is warranty activity taxed at cost or price?