Dozens of states have a general sales tax. In Illinois, the tax covers consumer goods, but not services. That's a mistake, ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

In the electronic commerce space, vouchers have become a widely used tool to enhance customer engagement, drive sales, and ...

Here are some tax terms you should know. Your tax liability is the amount of tax you owe to the IRS or your state government.

As digital products and services continue to proliferate, states have begun to address the sales tax implications of sales of Software as a ...

The council approved the expansion of the definition of public infrastructure and clarified parameters for camping on private property.

In November, Hillsborough County voters approved a renewal of the Community Investment Tax for 15 years — extending the ...

Section 206C (1) mandates the seller to collect tax at source (TCS) from buyer, at specified rates, on sale of specified goods such as alcoholic liquor, timber, tendu leave, any other forest produce ...

Under prior law, most cities taxed residential long term (30 days or more) rentals with rates varying depending on the local jurisdiction. This law standardizes and simplifies the tax landscape by ...

Additionally, Section 37 (1) has been modified to establish MVAT dues as the first charge on a dealer’s property, overriding conflicting provisions in central laws such as the SARFAESI Act and the ...

The Internal Revenue Service has set its calendar for the upcoming tax-filing season: Americans can start submitting their income-tax returns on Monday, Jan. 27. As people send in their 2024 ...

Tax season has officially begun, as the IRS is now accepting 2024 federal tax returns as of today, Monday, Jan. 27, 2025. Today also marks the first day taxpayers can use Direct File to submit ...