state sales tax

8 States Making Tax Changes: Some Painful, Some Pleasant

As you prepare your tax returns for 2012, be warned: A number of states have made or are considering big changes to their state income taxes. With some of those changes already having taken effect, you need to know whether you're in the line of fire -- or in line for a tax break.

What Amazon's Latest Sales Tax Deal Means for Shoppers, Retailer

Residents of Massachusetts will pay a little more to buy gifts on Amazon.com next holiday season. In its ninth such deal, Amazon has agreed to collect state sales tax on purchases made from the Bay State. Could these moves by states cost the e-commerce giant its edge on pricing?

Amazon's Sales Tax Advantage May Soon End in Massachusetts

In a move designed to level the playing field for local retailers on the cusp of the make-or-break holiday selling season, Massachusetts is maneuvering to collect state sales tax from e-tailing behemoth Amazon.com, according to the Boston Herald.

Sales Taxes for Online Retailers Move Closer to Reality

Brick-and-mortar retailers have long complained that e-commerce sites enjoy an unfair advantage since they don't have to collect state sales taxes, allowing them to offer lower prices. The Marketplace Equity Act would change that -- and it's gaining momentum.

How Cuts to State Taxes Could Hit Voters in the Wallet

Several states are currently weighing plans to phase out state income tax; the aftermath of similar policies in other states suggests that these initiatives could carry a very high price for some of the country's poorest citizens.

Click to Buy? Now, Click to Cheat on Your Taxes

Most people pay their taxes voluntarily, but with at least one type of tax, millions of Americans break the law every year -- and many probably never realize it. Now, states in desperate need of more revenue are trying to do something about that.

Tax Doomsday Is Coming for Amazon

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.

The Most-Often Overlooked Tax Deductions

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.

10 Most Overlooked Tax Deductions

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.

States, E-Tailers Clash Over Sales Tax

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.

State sales taxes continue to rise

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...