Online Sales Tax: What’s the Deal?

Online Sales Tax: What’s the Deal?

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?

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Are You Loaning the Government Money Without Interest?

Are You Loaning the Government Money Without Interest?

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?

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