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Latest Tax-free shopping Stories

2011-07-29 18:12:00

ARLINGTON, Va., July 29, 2011 /PRNewswire-USNewswire/ -- The Retail Industry Leaders Association (RILA) welcomed Legislation introduced today by Senator Dick Durbin (D-IL) that addresses a fundamental unfairness in tax policy and closes a decades-old loophole that threatens retail jobs on Main Street. Antiquated pre-Internet rules allow online retailers without a "physical presence" in a state to skirt the obligation of collecting and remitting state sales taxes, giving those e-tailers a...

2011-07-29 16:40:00

WASHINGTON, July 29, 2011 /PRNewswire-USNewswire/ -- Contrary to its name, legislation introduced today called the "Main Street Fairness Act" contains many unfair provisions that will adversely impact taxpaying consumers and business, according to the 362,000-member National Taxpayers Union (NTU). The bill, authored by Richard Durbin (D-IL) in the Senate and John Conyers (D-MI) in the House, would give the federal government's blessing to an interstate tax collection scheme known as the...

2011-07-29 14:32:00

SEATTLE, July 29, 2011 /PRNewswire/ -- FedTax(R) joins its TaxCloud(R) merchants in applauding Senator Dick Durbin (D-IL) and Representative John Conyers (D-MI) for introducing the Main Street Fairness Act in both chambers of Congress. The Main Street Fairness Act will allow states that have simplified their sales tax laws to require all retailers to collect existing sales taxes. Not only does this bill help small businesses by offering states an incentive to simplify their sales tax...

2011-07-22 08:26:00

SEATTLE, July 22, 2011 /PRNewswire/ -- FedTax® announced today that it joins its TaxCloud® merchants in urging Congress to enact the Main Street Fairness Act (MSFA). The MSFA will authorize states that have simplified their sales tax systems to require online retailers to collect sales tax. Simplification and standardization of sales tax laws will benefit all retailers, and the MSFA will encourage states to follow-through with such simplification. As...

2011-05-12 15:08:00

WASHINGTON, May 12, 2011 /PRNewswire-USNewswire/ -- National wireless consumer advocacy group MyWireless.org® applauded Congress today for the introduction of bipartisan legislation giving consumers a break from potential multiple and discriminatory state and local taxes levied on purchases of digital goods and services. This important pro-consumer legislation, entitled the 'Digital Goods and Services Tax Fairness Act of 2011,' was introduced today by Senators Ron Wyden...

2011-04-13 10:25:00

WASHINGTON, April 13, 2011 /PRNewswire-USNewswire/ -- A recent survey conducted by Forbes Magazine named Internet retailer Amazon.com the most reputable company in America.But taxpayers preparing their returns this April may soon be questioning that accolade, as many are in for a bit of a shock if they've been frequenting the online-only giant.By refusing to collect sales taxes, even firing small business partners in five states and threatening to lay off employees in Texas to avoid having...

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2011-03-21 11:04:27

With states scrambling to find ways to generate revenue, tax-free online shopping is becoming a target increasingly being focused in the crosshairs, reports the Associated Press (AP). Billions of dollars annually are bypassing the reach of state taxing agencies after the 1992 Supreme Court ruling prohibiting a state from forcing businesses to collect sales taxes when the store has no physical site located in that state. The exact amount of uncollected taxes from online sales is unknown but...

2011-03-10 08:15:00

SEATTLE, March 10, 2011 /PRNewswire/ -- FedTax, a private company committed to making it easy for online retailers to collect sales tax, today announced the appointment of Joan Wagnon as Executive Vice President. Ms. Wagnon brings more than twenty-five years of experience in government and financial services to the role. "We are honored to have Joan on our team," said R. David L. Campbell, Chief Executive Officer. "Joan's experience as secretary of revenue for the State of Kansas and...

2011-01-05 12:50:00

State poised to enact legislation that has failed in other states WASHINGTON, Jan. 5, 2011 /PRNewswire-USNewswire/ -- The Illinois State Senate is on track to adopt a new tax provision that will reduce state tax revenue and harm small businesses, according to Washington D.C.-based NetChoice. Passage of the so called "Amazon Tax" included in Senate Amendment 3 to HB 3659 would require out-of-state retailers to collect Illinois sales tax if customers were referred by any website operated by...


Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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