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Tag: TAX

IRS2Go app for iPhone and Android makes filing your taxes less taxing

The United States Internal Revenue Service has launched a mobile application for iOS and Android, hoping to make dealing with taxes less stressful. The app is called IRS2Go and lets all taxpayers access helpful information. Entering your Social Security Number, which will be masked and encrypted by the app, along with your filing status and expected refund amount, will result in the app showing...

France to tax Apple, Android, and other non-Windows tablets

France, which already has a tax on blank CDs, DVDs, and hard drives, is looking to extend the private copying levy to tablets -- but only on tablets that don't run Windows. This little gem, which actually passed through the French government back in December, could increase the cost of tablets with 64GB of storage by up to 12 euros, or $16. The money, incidentally, goes to copyright...

Amazon eliminates affiliate program in North Carolina over tax dispute

Remember last year when New York passed a law to start collecting sales tax on items sold by online retailers with affiliate deals with New York residents? Basically stores like Amazon had been able to get around collecting sales tax in states where they had no physical retail presence. But New York decided that if John Smith posts links to Amazon products on his web site and gets a commission...

Court: New York can tax Amazon, other online purchases

It looks like the era of tax-free purchases from web based stores could be coming to an end. A while back, the state of New York decided it could raise a bit of much-needed revenue by collecting tax from online retailers. Generally states can only collect taxes if those retailers have a bricks and mortar presence in the region. But New York figured out an interesting way around that - it decided...

New York state may begin taxing music downloads

New York, the state that brought us taxes on items bought over the internet is at it again. This time governor David Paterson is considering a 4% tax on music and other digital media downloads. To be fair, times are tight and Paterson is also proposing raising taxes on soda, cable and satellite TV, gas, cigars, beer, and movie and sports tickets in order to balance the state budget. But at a...

Shoeboxed now automatically categorizes your receipts

Trying to figure out where to tighten your belt during the financial crisis? You might want to take a look at Shoeboxed. It's an online service that helps you keep financial records by recording receipts that you mail, email or upload. The latest big feature addition is automatic receipt sorting, which comes in handy when you need to know where your money is going. Anything you send to...

Newegg says 'No' to NY sales tax law

At the beginning of the summer, a new sales tax law went into effect in New York State, requiring online retailers who have some sort of presence in the state (like shipping centers or affiliate programs) to charge sales tax on any item shipped to New York residents. Big e-tailers like Amazon.com and Newegg complied with the new law, although Amazon is still suing the state of New York, claiming...

Overstock.com to NY: No tax dollars for you!

The state of New York recently adopted a law that requires online retailers to collect taxes for items sold in New York if they have affiliates based in the state. That might sound like a reasonable request if New York shopping malls were littered with Amazon and Overstock.com kiosks. But the affiliates the law refers to are web publishers and bloggers in NY who happen to post links to stores...

Amazon sues NY state over tax collection

The state of New York is set to begin collecting tax from some online retailers who do business in the state. And by some online retailers, we mean the law is targeted pretty firmly at Amazon, and may also affect some others. Not surprisingly, Amazon is none to thrilled, and the New York Times reports that the company has responded with a lawsuit against the state of New York. Now, here's the...

New York to begin charging sales tax for online purchases

You know how if you live in most states in the US you don't have to pay sales tax on items purchased online? Yeah, that's about to change for about 19 million residents of New York State. Legislators have approved a bill that requires large online stores to collect sales tax for anything shipped to New York. Technically, the tax isn't new. Consumers were supposed to be reporting these purchases...

U.S. Senate considers extending internet tax ban

You know how you you don't have to pay taxes on your internet service? (If you're a US citizen, at least). Yeah, that might last. In fact, it might not even last much longer than a month. In 1998 the U.S. government passed a law preventing states from taxing internet access. The goal was to encourage the growth of internet service providers. The law is set to expire on November 1st, but the Senate...

Turbo Tax electronic filing system overloaded on Tuesday

It's not been a great week for Turbo Tax. First it comes out that there's a security flaw allowing uses to see tax returns uploaded by other customers. And now parent company Intuit is confirming that all the last minute filings on Tuesday night bogged down the company's online tax filing system, leaving some customers unable to e-file. Intuit says the problems with their servers have been fixed,...

Legislation may stop Internet connection tax for good

This just in to our venerable news room here...the same guy who doesn't like bloggers (John McCain) is partially behind the legislation to stop Internet access from being taxed. Why, I have no idea. This legislation, if passed, would ensure that Internet access will remain cheaper and therefore more accessible to the American public. The Permanent Internet Tax Freedom Act would also allow a...

Google's creative donation

Google is full of cash that they have to offload. Perhaps just for tax purposes, but also just to be good and give back to the community that gave them so much. What better place to give a nice wad of cash to then the Creative Commons (CC) during their annual fundraising campaign? Creative Commons is a little non-profit organization that helps creators of original content retains their licensing...

New Jersey's iTunes tax

Our friends in New Jersey are about to pay a little more for music on Apple's iTunes starting this week. A sales tax will be added to iTunes digital downloads, stemming from the Governor's proposition this spring. The Governor had the smart idea to increase tax rates from 6 to 7 percent, and add this tax onto digital downloads to help the states budget deficit of $4.5 billion. The District of...