Internet Sales Tax Legislation and the Dysfunctional 112th Congress
At about noon this past Thursday, January 3rd, the 112th Congress formally ended. That same afternoon, the 113thCongress was sworn in. And as everyone knows “fiscal cliff” legislation was passed at the very last minute! But what about the Federal Internet Sales Tax proposals that were talked about for so long? Well, as some of […]
Smashing the Myth of the “Tax-Free” Cyber Monday
Cyber Monday 2012 – Projected toSurpass $1.5 Billion in Sales It’s Cyber Monday!! The online equivalent to Black Friday and a day that’s anticipated to be the busiest online shopping day of 2012. And while many of you have been perusing the Internet for Cyber Monday “deals”, I’ve been checking the Internet for the media’s […]
Internet Retailers Find Expanding Sales Tax Laws and Pending Federal Legislation Confusing and Concerning
State Amazon Laws, Federal Legislation: Last month I presented two Webinars, both which dealt with one of my favorite (okay, my favorite) state tax topics – “Internet Sales Taxes”. The first Webinar, “State ‘Amazon Laws’ and Federal Remote Seller Proposals“, was a CPE Webinar geared towards CPAs. The second, “How to Navigate the Online Sales […]
Federal Internet Sales Tax Legislation Gets Its Day In Committee
Federal Legislation with State Impact: Today, August 1, 2012, the U.S. Senate Committee on Commerce, Science and Transportation held a hearing to discuss The Marketplace Fairness Act, S. 1832. This proposal was the third bill introduced by the 112th Congress that would seek to grant States the authority to require out-of-state (“remote”) retailers to collect sales […]
Federal Internet Sales Tax Legislation; An Explanation for the Small-Medium e-Commerce Business
Internet Tax Bills and E-Commerce Tax Myths: Explained in Plain English by Sylvia F. Dion, CPAon SalesTaxSupport.com Internet sales tax on e-Commerce transactions? It’s an issue that many e-Commerce businesses haven’t had to worry about – at least not in states where they lacked a substantial physical presence. But things could be changing! If you’re a frequent […]
The Biggest State Tax Story of 2011: Internet Sales Taxes
It’s the end of 2011 and like many of you I’m reflecting on this past year – on how life has changed, how the kids have grown, and what the coming year has in store. But as a state tax consultant, I’m also reflecting on some incredible 2011 state tax developments. In February of 2011, I […]
Congress Introduces a Hybrid Solution: The Marketplace Fairness Act
Earlier this month, we saw the introduction of yet another federal on-line sales tax bill. That’s right, on November 9th, S. 1832, “The Marketplace Fairness Act” was introduced in the Senate by Mike Enzi (R-Wy), Lamar Alexander (R-TN), Dick Durbin (D-IL) and seven other bi-partisan Senators. By the way, that’s the same Dick Durbin that introduced the Senate […]