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Taxes Information |
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Navigating The Internet Sales Tax Laws
QUESTION: ANSWER: Internet sales taxation has been a topic of contention even before Amazon sold its first book and Priceline booked its first flight. One of the more controversial points is that no one, including our own government, seems to have a clue how to implement a fair and logical Internet taxation process. With over 7,500 different local, county and state taxation systems in the United States, you can understand the controversy.In 1998, Congress did what it usually does when faced with a potentially explosive issue like Internet tax collection -- it decided to put off making a decision. Congress enacted a three-year moratorium on the collection of taxes to give an appointed advisory board time to come up with an acceptable solution. That moratorium ended last year and opened the door for municipalities to begin collecting sales tax on their own. Here in Alabama the sales tax collection department is airing radio spots asking Alabamians to step up to - and toss dollars into - the proverbial collection plate. The commercial kindly suggests that if I have purchased anything from an online retailer, I am honor-bound to proclaim such purchases and submit the appropriate sales tax to the collection department right away. They thank me in advance for my cooperation. So, Katie, when the auditor shows up at your door the best thing you can do is smile politely and be totally forthcoming. The sales tax that you pay is a small price for the convenience of shopping online. Now where did I put all those Amazon.com receipts? Small Business Q&A is written by veteran entrepreneurand syndicated columnist, Tim Knox.Tim's latest books include "Small Business Success Secrets"and "The 30 Day Blueprint For Success!"Related Links:http://www.smallbusinessqa.comhttp://www.dropshipwholesale.net
MORE RESOURCES: Arizona's Lowest Flat Tax in Nation To Take Effect Next Year Arizona Governor's Office (.gov) Like the U.K., should the U.S. consider tax cuts to stimulate economic growth? The San Diego Union-Tribune After referendum, split Winnebago County Board decides against raising taxes for River Bluff Rock River Current Joni Ernst targets IRS workers while big-money tax cheats get away with it Iowa Capital Dispatch Inflation may save you money on your taxes The Seattle Times Did You Sell an Old Desk Online? You May Receive a Tax Form. The New York Times Losing a Home for Unpaid Taxes Often Means Losing Your Equity, Too The Pew Charitable Trusts Taxes get passed down to all of us Las Vegas Sun After four decades, Hancock Amendment continues to shape Missouri tax policy • Missouri Independent Missouri Independent Former State Sen. Vincent Fumo faces new trial over IRS demand he pay $3 million in back taxes The Philadelphia Inquirer Iowa corporations to pay lower taxes as state amasses $1.91B surplus Des Moines Register L.A. 'mansion tax' would raise money for affordable housing Los Angeles Times Tax Management Software Global Market Report 2022 Yahoo Finance Rising Manassas taxes pushed Bookwalter to run: 'the city has gotten drunk on tax money' PotomacLocal.com Here's How Big Crypto Losses Can Benefit Your Taxes The Motley Fool Tallahassee Republicans increased taxes on everyday Floridians to cut taxes on big business | Opinion South Florida Sun Sentinel Volusia County District 3: Both candidates promise lower taxes, smaller government The West Volusia Beacon The Inflation Reduction Act's Labor Rules for Energy Tax Credits and Carbon Capture | Insights Holland & Knight Kelly backs school sales tax holiday, tax relief for elderly and quicker end of 6.5% food tax - KWCH TABLE-Russia sets grain export taxes for Oct 5-11 Successful Farming Gamblers in Spain Face Additional Taxes Under Proposed Change Casino.Org News Amendment Two: Should the Legislature be able to shift property taxes? West Virginia MetroNews Cleveland ordered to refund city income taxes to doctor working remotely out of state during pandemic cleveland.com Dodging taxes or saving the planet? – Trinitonian The Trinitonian Tax Secrets of Health Savings Accounts - WSJ The Wall Street Journal Florida gas tax holiday begins Saturday during Hurricane Ian recovery Tallahassee Democrat Our Views: No state income tax? Beware of legislators' posturing on tax cuts in election year NOLA.com Deadline for buffer strip property tax incentive approaching South Dakota State News Home Commissioner Mirabito: Non-profit tax exemptions need to be addressed Williamsport Sun-Gazette Late property tax bills prompt loan offer from Cook County Chicago Tribune St. Louis County residents could pay $67 million more in taxes because of used car values St. Louis Post-Dispatch Whitmer Announces Tax-Free Public Service Loan Forgiveness Michigan (.gov) Fourth Defendant Sentenced in Farmington Tax Fraud Conspiracy Department of Justice Resident accuses Leadwood alderman of unpaid taxes Daily Journal Online Colorado And Washington Got More Tax Revenue From Marijuana Than From Alcohol Or Cigarettes In Fiscal Year 2022, Report Finds Marijuana Moment Tax Moves to Take Now to Save on 2022 Taxes My Federal Retirement TAS Tax Tip: Get Current on Your Federal Taxes - TAS National Taxpayer Advocate Why do we pay personal property taxes in Arkansas? THV11.com KTHV Courts Split On Supervisory Approval Requirement For Tax Penalties - Tax Authorities - United States Mondaq Rise in Deaths Spurs Effort to Raise Alcohol Taxes The New York Times Some states could tax recipients of Biden student loan forgiveness The Washington Post Property Taxes by State & County: Median Property Tax Bills Tax Foundation Additional New York State child and earned income tax payments Department of Taxation and Finance US moving closer to letting Americans file taxes online for free Business Insider Justice Department Seeks to Shut Down Texas Tax Preparer Department of Justice MicroStrategy Chair Michael Saylor accused of evading $25 million in taxes by DC attorney general CNBC EU targets €140bn from windfall taxes on energy companies Financial Times Inflation Reduction Act pushes IRS to pursue free TurboTax competitor The Washington Post After Failing To Pay Own Taxes, New York Dem Bridget Fleming Voted To Hike Taxes for Everyone Else Washington Free Beacon IRS Tax Rebate: Additional rebates of up to $750. Who is eligible and when will they arrive? - Marca FACT SHEET: This Tax Day, the President Is Fighting to Reward Work, Not Wealth, While Republicans Want to Increase Taxes on the Middle Class The White House Ranking Member's News | Newsroom | The United States Senate Committee on Finance Hearing | Hearings | The United States Senate Committee on Finance Taxes and USDA Programs Farmers.gov Suspension of certain taxes on motor fuel and diesel motor fuel - Department of Taxation and Finance Suspension of certain taxes on motor fuel and diesel motor fuel Department of Taxation and Finance Act 115 Refund | Department of Taxation eHawaii.gov The President and Vice President release their 2021 tax returns The White House Middle East Needs Fairer Taxes to Aid Growth and Ease Inequality International Monetary Fund |
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