November 27, 2013 5 min read
Higher sales taxes Higher sales taxes American retailers are starting to see a sales boost thanks to a higher sales taxes in Mexico. Mexican lawmakers voted to increase the sales tax rate for Mexican states on the U.S. border. They increased the sales tax rate from 11% up to 16%.
Read More November 25, 2013 5 min read
reduction of state sales taxes reduction of state sales taxes The Rhode Island General Assembly has put together a committee to consider a reduction of state sales taxes or completely repeal its 7% sales tax rate. The government created this commission in response to a new bill that proposes to
Read More November 25, 2013 5 min read
sales taxes sales taxes On Oct. 1, 2013, the United States reached its borrowing limit and the government shut down. This left many business owners scratching their heads. After all, it’s one thing to see a local business shut its doors when it can’t afford to go further into debt.
Read More November 21, 2013 5 min read
sales tax on recreational marijuana sales tax on recreational marijuana When Colorado and Washington voters approved the legalization of recreational marijuana, tax analysts weren’t sure how the state governments would tax these sales. This month, Colorado voters decided that sales tax on recreational marijuana should be higher than on normal
Read More October 29, 2013 5 min read
Oregon sales tax Despite challenges there may someday be an Oregon sales tax Oregon is only one of five states in the United States that doesn’t have a sales tax. In a recent interview, Oregon Governor John Kitzhaber said that he hopes to change that one day. Right now, Oregon
Read More 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
