Don’t Go to Jail for Failing to Pay State Sales Tax on Internet Purchases

Question: I sell merchandise on eBay and Amazon for side income. I know users of eBay and PayPal can collect sales tax, but it seems very few sellers do. And there doesn’t appear to be a way to collect sales tax when I sell on Amazon Marketplace. Should I worry about this?

ANSWER: I…

Filed under: Finance by admin
No Comments »

To Tax or Not to Tax - This is the Question

To tax or not to tax - this question could have never been asked twenty years ago.

Historically, income tax is a novel invention. Still, it became so widespread and so socially accepted that no one dared challenge it seriously. In the lunatic fringes there were those who refused to pay taxe…

Filed under: Finance by admin
No Comments »

Charitable Donation Tax Deduction - How Can I Give And Get At The Same Time

A charitable tax deduction seems like a pretty straightforward proposition. It can definitely lend itself to a pretty good size deduction if you carefully itemize your deductions. There are also some things you should know about before trying to qualify for a charitable tax reduction. Following a…

Filed under: Finance by admin
No Comments »

« Previous Page — Next Page »