There’s been a lot of buzz about online sales tax lately since the Supreme Court rejected Amazon’s calls to change the current policy. The last Supreme Court case regarding the matter was Quill Corp. v. North Dakota in 1992, and Amazon, along with some other big online realtors, claims it’s time for an update. So how exactly does online sales tax work, and how does Amazon propose we change it?
Our legislators in Washington, D.C. haven’t exactly seen eye-to-eye on a lot of things in 2013. In addition to contentious and ongoing debates on the debt ceiling and sequestration cuts, it appears as though a number of tax deductions might be left to expire, including several that involve homeownership.
For most of us, tax time is like the holidays. It’s a magical time of year when a jolly IRS employee in an ironed dress shirt and pressed slacks issues all of us taxpayers on the “nice” list a big fat check, courtesy of the federal government. For most of us, it’s a small windfall. But have you ever stopped to ask yourself why you get that money, or what it means?
New fines and taxes are being implemented throughout the country on a state-by-state basis. Not only is the beginning of this fiscal year bringing us some new costs to be aware of, but there are some interesting taxes currently racking up how much you owe that you may not be aware of. Read on to find out!
Shopping online has changed the world of retail altogether; instead of having to look in-store for food, clothing and other goods, we can now make instant buys with few clicks. The taxing regulations for digital items is expanding, so read on to find out what changes may take place in your state!
Monday, April 15, is the deadline to file your taxes. While there are plenty of tools available to help you file your taxes, the truth is that many people put it off until the last second.
Here’s some friendly advice for people who know they’re going to owe money to the IRS on April 15.
I’m going to give you a list of topics and you have to tell me what they have in common. Ready? Here are the topics: mortgage insurance, medical travel expenses, and license plates. Any ideas?
There’s a wide range of tax preparation options out there ranging from free apps and online programs to more costly software and services.
What would you do if you received a $1,000 in tax refunds? Would you use it for something fun like taking a vacation or put it toward your retirement?