Economic Recovery? Not According to Sales Tax Receipts

Today marks the one year anniversary of the collapse of Lehman Brothers, and financial news networks large and small are focusing on what, if any, real changes have been instituted on Wall Street and whether our economy, not just our banking system, is on better footing in September 2009. Not if we measure the strength [...]

Back-to-school sales tax holiday season is here

While the back-to-school shopping sales tax holidays season is upon us, and I’m about to list the jurisdictions granting such gifts, it’s important to remember that these sales tax holidays are probably not going to be the panacea, the proverbial shot in the arm, that the retail industry needs to demonstrate any sort of real [...]

Fiscal 2010 Looking Ugly

As discussed in an April Sales Tax Buzz post, sales tax receipts generally outpace income taxes as the primary food source for state budgets. Noting the dismal Q2 receipts that came off a disastrous Q1 2009, while considering that June closes the fiscal year in a majority of states, fiscal 2010 does not look pretty [...]

Online Sales Tax Roundup: Internet Cowboys & Cowgirls, Open Your Eyes

UPDATED APRIL 14, 2009 It is my firmly held belief that as one state after another (no matter the size or perceived “importance” of any particular state) will possibly be able to pass Internet sales tax legislation, others are more likely to follow suit. Early adopters can pave the way towards the future in this [...]

Digital Downloads Sales & Use Tax Cheat Sheet, circa early 2009

No matter how I try to slice or dice this topic, this one just isn’t easy. What was once tangible has become, or can be, intangible tomorrow, if it’s not already so today. The issues of nexus, taxability, and others keep shifting in the virtual world. In fact, just minutes after this post was published, [...]