state sales tax
It sometimes seems like every new idea Amazon has dreamed up lately has been designed to help it lose money more efficiently. But the truth is more subtle: If it doesn't take these short-term hits now, it's destined to get crushed in a few years when the tax men come a-calling.
Years ago, the fellow who was running the IRS at the time told Kiplinger's Personal Finance magazine that he figured millions of taxpayers overpaid their taxes every year by overlooking just one of the money-savers listed here.
Years ago, the fellow running the IRS told Kiplinger's Personal Finance magazine that he figured millions of taxpayers overpaid their taxes every year by overlooking just one of these deductions. Don't be one of those millions: Read on, and find out how to cut your tax bill to the bone.
Is your state considering imposing an Internet sales tax? Faced with staggering budget deficits, many states are proposing legislation that will force out-of-state retailers to collect state sales tax from online shoppers.
Nine Unusual Sales Taxes Taking a Bite Out of Your Wallet
12:00PM 12/27/2010
With treasuries bleeding red ink, state governments are finding creative ways to raise funds. Given the slow economic recovery, this tax strategy will become more the norm, Carla Yrjanson, vice president of Tax Research and Content for Thomson Reuters told WalletPop in email interviews. "With...
If you flip on the news or thumb through a newspaper these days, it's no secret that the federal government is facing a mounting deficit. Spending has outstripped revenues for years now, and the current recession has cut deeply into the biggest source of income: taxpayers.
What hasn't been touted...
If you're planning a major purchase via the Internet, you might want to do it quickly. Congress is expected to introduce a bill this week that would require Amazon.com, L.L. Bean, Cabela's and other online merchants to collect sales tax on all online purchases and return that money to the state in...
Innovative ways to stimulate the economy: A sales tax holiday to help boost U.S. GDP
1:30PM 4/08/2009
This is just one of the Innovative Ways to Stimulate the Economy suggested by DailyFinance contributors. See them all.
One potential, additional source of stimulus for the U.S. economy would be for states to eliminate the sales tax, at least temporarily.
However, given the complexity of sales tax...
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