Pending federal legislation allowing states to tax internet sales could potentially means big changes for retailers in the way they process and account for their sales and use taxes. Of course, the International Council of Shopping Centers states “this bill signals that leveling the playing field for all retailers is a top priority for Congress this year”.
On the other hand, small internet retailers will no doubt find the provisions of the bill onerous. Check here for a snap shot of the provisions of the proposed bill, SB 2609.
It’s time for your kids to go back to school, and with that comes a lot of added expenses. With all of the back to school sales it is easy to get overwhelmed, and end up spending much more than planned. Here are a few tips to stay in budget when going back to school shopping this year:
Many people forget to factor in sales tax when creating a budget. These amounts can definitely add up so it is important to include this in your budget. Some states even offer a few days in the late summer where school related items can be purchased tax-free. If you live in one of these states, try to take advantage of this because it will make a difference.
By staying on budget it will make back to school shopping more enjoyable for both you and your children.