Looking for Cyber Monday deals? You’re not alone. Last year, 81 million shoppers spent a total of $6.59 billion on Cyber Monday. This year, Cyber Monday sales
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Argument Falls Flat As PA Supreme Court Rules Soda Tax Legal
The Pennsylvania Supreme Court handed the City of Philadelphia a win today when it upheld a previous ruling that the tax on sweetened beverages is
Read MoreSupreme Court Kills Quill In Sales Tax Case
As retailers pushed back, the question of what’s fair game became more important. Today, the Supreme Court offered an answer: States have broad authority to require online retailers to collect sales taxes.
Read MoreGet Ready To Save As State Sales Tax Holidays Begin
Here is a quick peek at states offering taxpayers a sales tax holiday in 2018.
Read MoreSales Tax Trivia On National Doughnut Day
It’s National Doughnut Day. Here’s what you need to know about free doughnuts and sales tax.
Read MoreCloud Tax On Streaming Services Survives Legal Challenge
Chicago raised eyebrows when the city announced a streaming tax on Netflix and similar internet services. The Liberty Justice Center filed a lawsuit challenging the tax on behalf of Chicago taxpayers. This week, a court ruled in favor of the city, upholding the tax.
Read MoreCourt To Consider Taxation Of Bobbleheads And Other Sports Promotions
Fans love bobbleheads and other “free” items – but are they really free? That’s the issue heading to the Ohio Supreme Court, as the Cincinnati Reds defends their resale exemption claim on promotional items.
Read MoreOnline Sales Tax Battle Heats Up
Congress was back at it this week, trying to reach an agreement on spending. If there’s no bill in place by midnight Friday, we’ll see another government shutdown. In the middle of the battle, there may be a twist: the rush to regulate online sales tax.
Read MoreOnline Cyber Monday Shoppers Hope To Score Deals And Not Pay Tax
Every state that imposes a state sales tax also imposes a state use tax. But chances are that online shoppers taking advantage of Cyber Monday sales from retailers who don’t collect a tax won’t be reporting and paying on their own.
Read MoreThis Holiday Season May Be Your Last Chance To Deduct Sales Taxes
Save those holiday receipts because you might be able to deduct them on your federal income tax return – but it might be for the last time. The tax reform bill currently in Congress would eliminate the sales tax deduction, along with the state and local income tax deduction.
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