state taxes
The True Cost of State Sales Tax Holidays
11:00AM 8/12/2011
As states grapple with huge budget deficits, some of them are eliminating sales taxes for back-to-school shoppers. But are sales tax holidays really a good value for consumers? Experts discuss the true costs of the programs and some of the alternatives.
Online Travel Agencies Under Scrutiny for Tax Shenanigans
11:00AM 7/22/2011
Expedia, Stocks in the News, Market News, Investment, Travel
Officials for some large U.S. cities are claiming that online travel agencies such as Expedia and Priceline are collecting hotel occupancy taxes from consumers, but not forwarding the full amount to governments. If the OTAs are forced to pass that tax money on, what will it do to their profits?
If you feel like the cost of everything is more expensive at the register these days, it's not your imagination. Even when the cost of goods and services has remained relatively flat, the associated sales and use taxes have continued to climb. Data released recently from Vertex, a privately-held...
Wall Street and the media have been fixated with the debt crises in countries such as Greece, Portugal and Ireland. But we're not hearing nearly enough about a much bigger economy closer to home that's on the brink of disaster. We're talking about California -- the eighth largest economy in the...
Are High Taxes Making Small Business Slow to Hire?
12:15PM 2/14/2011
The majority of jobs in the U.S. are created by small business, which are still reluctant to hire new workers. And while some of their reasons for holding back may mirror those of big businesses, local conditions like state taxes may loom larger in their decisions.
Why Main Street Doesn't Buy Wall Street's 'Recovery'
12:30PM 11/10/2010
If stocks are rising, that should mean the economy is improving. Yet even though the S&P 500 has soared 80% from its March 2009 lows, 70% of Americans don't believe the recession is over. Which side has a firmer grasp of reality?
5 things you can do now to get ready for huge tax hikes in 2011
8:00AM 6/11/2010
In less than six months, taxes for many Americans are going up. Tax cuts originally signed into law by former President Bush are set to expire at the end of 2010 unless Congress makes a change in the Tax Code. Unfortunately for taxpayers, 2010 is also a significant election year, which, if history...
I didn't need any time for deliberation when I received my ballot for this month's special state vote in Oregon: I filled in the bubbles for "yes," as did a majority of voters, next to Measures 66 and 67 and took it with all speediness to the nearest library drop-off. Measure 66 raises taxes on...
States and Feds go paperless to save at tax season
11:00AM 12/15/2009
Money may not grow on trees -- but cutting back on paper sure saves money. At least that's what a number of states are saying this year.
This year, states are encouraging the use of electronic filing for individual income tax returns by cutting back on the distribution of printed income tax forms...
Tax happy states cut off business for Amazon associates
12:30PM 6/30/2009
As states try to find revenue anywhere they can, Amazon (AMZN) associates may find themselves out of business. Amazon has already cut off associates in two states -- Rhode Island and North Carolina. Both states wanted the retailer to collect state's sales taxes generated by Amazon associates...
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