October 28, 2013 6 min read
sales tax trouble sales tax trouble Staying compliant with sales taxes can be a challenge. You need to keep track of different sales tax rates across the country, deal with constantly changing rules and exemptions, and make sure to remit your collected taxes and return on-time.
Read More October 25, 2013 5 min read
internet tax bill internet tax bill As Congress continues to debate the Marketplace Fairness Act, opponents and supporters of the internet tax bill continue to release new information for their causes. An anti-tax group, the True Simplification of Taxes, just released a study saying this new law could cost businesses
Read More October 17, 2013 5 min read
Washington D.C. sales tax Washington D.C. sales tax As of Oct. 1, 2013, the Washington D.C. sales tax has been reduced to 5.75 percent. Before this change, the rate was 6 percent. The District council voted to reduce the sales and use tax rate in June as the higher rate
Read More October 01, 2013 6 min read
late sales tax return late sales tax return State governments have a strict schedule for when sales tax returns need to be sent in. They expect your return and taxes to be submitted on time. In the course of running your business thought it’s understandable if you lose track of
Read More October 01, 2013 6 min read
sales tax regulations sales tax regulations History suggests think again Congress is currently debating the Marketplace Fairness Act which in theory will create a standard set of rules for online retailers to collect sales taxes. Right now, laws are different in each state which makes compliance confusing and difficult, congress
Read More October 01, 2013 5 min read
Virginia sales tax collection Virginia sales tax collection Virginia has become the latest state to start requiring large online retailers to begin sales tax collection from Virginia residents. This new law went into effect as of September 1st, 2013.
Read More October 01, 2013 5 min read
Colorado sales tax law Colorado sales tax law A recent federal court of appeals ruling upheld Colorado sales tax law that would require out-of-state vendors to act as agents for the state. Vendors with no physical presence in the state will be either required to collect use tax on behalf
Read More September 30, 2013 5 min read
New Colorado sales tax New Colorado sales tax The Colorado government is looking for ways to raise money for road repairs and new transit projects. One idea that is gaining traction is adding a new Colorado sales tax. Supporters of this idea want to add another 0.7% to the state
Read More September 30, 2013 5 min read
New York sales tax extensions New York sales tax extensions Andrew Cuomo, the governor of New York, just signed a bill to extend the sales tax rates for 24 counties across the state. By law, if a county in New York wants to charge a sales tax rate above 3
Read More August 29, 2013 5 min read
sales tax revenues sales tax revenues Despite charging the highest sales tax rate in the country, California is struggling to bring in sales tax revenues. In 1979, sales taxes made up roughly 36 percent of the state’s revenue. Today, they only make up 22 percent. The issue is that while
Read More August 29, 2013 5 min read
Higher sales tax rate Higher sales tax rate Starting September 1st, Ohio residents will need to pay a higher sales tax rate. Governor John Kasich has approved a plan that increases the state sales tax rate from 5.5 percent to 5.75 percent for the next two years. Kasich pushed for
Read More August 26, 2013 5 min read
increase sales taxes increase sales taxes Michigan’s roads are in need of major repairs and the state government is considering ways to pay for these renovations. One idea that is gaining popularity with state lawmakers is to increase sales taxes. The current proposal is to increase Michigan’s tax rate from
Read More
