Apr 15
Happy Tax Day! Do you know where your tax dollars are going? No? Doesn’t that seem a little ridiculous? What if you could tell the government exactly how to spend your hard-earned money? Now you can—even if it is hypothetically.
Apr 14
The IRS isn’t exactly known for playing fast and loose with deadlines—your deadlines, that is. But when it comes to its own, its apparently a lot more willing to take their chances. In this case, that means paying millions of dollars to keep running Windows XP long after the deadline has come and gone.
Apr 12
Tax Day is already fast approaching and whether you’re eagerly anticipating a sizable refund or are dreading a hefty bill, there’s nothing to gain by putting off your tax filing any longer. Here’s a guide to filing your taxes online—including the best services for your buck.
Mar 31
Airbnb announced today that it will begin charging San Francisco’s 14 percent hotel tax on reservati
Posted in: Today's ChiliAirbnb announced today that it will begin charging San Francisco’s 14 percent hotel tax on reservations in the city, starting this summer. The taxes will be paid by guests. Last week, the company announced a different partnership in Portland, Oregon, where Airbnb itself will pay some city taxes.
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Mar 25
With April 15 looming, plenty of bitcoin barons have been wondering how to treat their newfound crypto-fortunes. Does it count as capital gains? Is it taxed like a currency? Is it taxed at all? Well, on Tuesday, the Internal Revenue Service announced definitively that Bitcoin is property and much be taxed as such.
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Jan 16
Taxpayers, the federal government just announced a new online tool that makes filing a wee bit easie
Posted in: Today's ChiliTaxpayers, the federal government just announced a new online tool that makes filing a wee bit easier: now you can download your past tax return documents directly from the IRS website. One small step. [WhiteHouse.gov via TheVerge]
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Jan 02
A new year, and new sales taxes on Amazon purchases made in Indiana, Nevada and Tennessee.
Posted in: Today's ChiliA new year, and new sales taxes on Amazon purchases made in Indiana, Nevada and Tennessee. Sorry, folks!
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Jul 02
Sprint’s bid to dismiss a $300 million tax suit filed by New York’s attorney general has been denied by the state’s supreme court, according to Bloomberg. The judge in the case decided the claims “satisfactorily allege that Sprint knowingly submitted false monthly tax statements,” and that a hearing will take place later this month. The so-called whistle-blower lawsuit arose in 2011 after Sprint believed it could withhold up to 25 percent of the taxes it was supposed to collect on fixed-rate wireless contracts. For its part, the state claimed it illegally treated them as nontaxable, adding that operators like AT&T and Verizon “correctly paid” them. The carrier said it intended to file an appeal, adding that New Yorkers, “who already pay some of the highest wireless taxes in the country,” are being forced to “pay even more.” Of course, given the recent merger approval by shareholders, Sprint’s headache could soon become Softbank’s, too.
Source: Bloomberg
May 07
If you’re a regular Internet shopper, you were probably paying close attention to the news yesterday as the U.S. Senate was in the process of voting on a bill deemed the “Internet Sales Tax” bill. Unexpectedly, the Senate passed the bill Monday night, which was being introduced as a way for states to collect sales tax for online purchases more easily.
The so-called Marketplace Fairness Act passed with a vote of 69 – 27 and will now head to the House where its future is uncertain at this point due to a number of Republicans possibly viewing the bill as an increase on taxes. A total of 45 states which currently charge sales tax would require large online retailers to collect taxes on purchases made by the resident of their state. The new law would only apply to online sellers whose sales reach at least $1 million outside of states where the company has a physical operations, such as stores or warehouses. (more…)
By Ubergizmo. Related articles: Pentagon Okays Use Of BlackBerry And Samsung Devices , Under the Radar: Meet C-Level Execs From Rackspace, BofA, Virgin America and more ($200 off door price promo code), 
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May 06
The debate over taxing out-of-state online sales in the US has been raging for years, but there are signs that the often messy saga is finally winding to a close… well, maybe. The Senate just voted 69-27 in favor of the Marketplace Fairness Act, a bill that would make internet retailers collect out-of-state sales taxes that Americans are already obligated to pay, but rarely do under a current system that puts the onus on (frequently unaware) buyers. Don’t be too hasty in cheering or jeering the apparent conclusion, however. The bill’s next stop is the House of Representatives, and the reception may be decidedly colder this time around. The act could be submitted to the President this year if it does survive the gauntlet, although a six-month buffer would likely push any tax changes to 2014 if the bill is ever signed into law.
[Image credit: Scrumshus, Wikipedia]
Filed under: Internet
Source: The Washington Times
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