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    Internet Sales Tax: Here Come the Auditors

    Internet sales tax legislation could subject small online businesses to up to 46 state audits. And since sales taxes vary among thousands of tax jurisdictions across the country, the chances that auditors will find mistakes—and slap the business owners with penalties—are very good. If truth-in-advertising requirements applied to legislation, says … More

    Internet Sales Tax: Your Online Shopping Could Cost More

    Think buying your favorite products online is a good deal? You could face higher costs for online shopping if Congress approves a new sales tax bill that is making its way through the Senate. The bill, dubbed the Marketplace Fairness Act, would allow states to force out-of-state retailers to collect … More

    Internet Sales Tax Hits Consumers Online

    Opposition is rising against the Marketplace Fairness Act, which would allow states to impose sales taxes on online sales. Senator Max Baucus (D-MT), chairman of the Finance Committee, said it would violate the rights of citizens who choose to live in states without sales tax, like his home state of … More