Taxes informational articles

Navigating the internet sales tax laws - taxes


I have been contacted by my local city command to say that my affair is scheduled to be audited to affect if I owe any sales tax from items purchased on the Internet. Can they especially make me pay this tax? I accepted wisdom you could buy clothes online tax free? -- Katie R.

I hate to burst your internet bubble, Katie, but they are surrounded by their civil liberties to audit your big business and ask payment of sales tax on items purchased on the Web.

Internet sales taxation has been a topic of contention even ahead of Amazon sold its first book and Priceline booked its first flight.

One of the more controversial points is that no one, as well as our own government, seems to have a clue how to instigate a fair and coherent Internet taxation process.

With over 7,500 another local, region and state taxation systems in the United States, you can appreciate the controversy. In 1998, Assembly did what it as a rule does when faced with a potentially explosive issue like Internet tax assortment -- it certain to put off assembly a decision. Convention enacted a three-year halt on the album of taxes to give an appointed advisory board time to come up with an agreeable solution.

That freeze ended last year and opened the door for municipalities to begin collecting sales tax on their own.

Here in Alabama the sales tax assortment branch is a breath of fresh air radio spots asking Alabamians to step up to - and toss dollars into - the known anthology plate. The advertisement benign suggests that if I have purchased everything from an online retailer, I am honor-bound to proclaim such purchases and acquiesce the apt sales tax to the assortment branch right away. They thank me in development for my cooperation.

So, Katie, when the assessor shows up at your door the best thing you can do is smile civilly and be entirely 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 Affair Q&A is printed by expert entrepreneur and syndicated columnist, Tim Knox. Tim's most up-to-date books bring in "Small Big business Achievement Secrets" and "The 30 Day Draft For Success!" Related Links: http://www. smallbusinessqa. com http://www. dropshipwholesale. net


Corporate Taxes Are Wealth Taxes  The New York Times

How to File Back Taxes  Investopedia

New York’s Tax Madness  The Wall Street Journal

Here Come the Biden Taxes  The Wall Street Journal

Anatomy of a Biden Tax Hike  The Wall Street Journal

Targeting Overseas Tax Shelters  The New York Times

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