Click here if this e-mail does not display correctly
June 19, 2009


Editor's Note
If you've ever made an online purchase of merchandise, you've probably noticed that you might not have paid sales tax. After all, goods purchased from out-of-state are subject to use tax, not sales tax, and of course when you made that online purchase, you recorded it in your little online purchase diary and filed the information away with your tax data so you could report the purchase and pay the use tax on your state income tax return in the spring.

If you're nodding "Yes, I did that," right now, rest assured you are in the minority. States are giving up on trying to collect use tax since they've never gotten the hang of enforcing the tax, and they're hoping Congress will overrule a 1992 Supreme Court decision and let the retailers take care of collecting the tax and remitting it to the states and local jurisdictions. Chances are better than 50/50 that this Congress might actually push this legislation through.

Best regards,
Gail Perry, CPA
Managing Editor
editor@accountingweb.com








Archives

Visit AccountingWEB's complete archives by following the links below:

E-Newsletters, Supplements, and Audio Features

Kaplan's Weekly CPA Review






Featured links
Expert Guidance, Online Research - Checkpoint® - No Cost for 30 Days
Simplify your Sales Tax Compliance with an SST Certified Service Provider
Webcasts taught by accounting and tax professionals
Everything in this e-newsletter is created with your needs in mind,
assisting you with information and choices for your accounting life.
Amazon fights back on sales tax legislation, ends North Carolina affiliate program
While Amazon appeals the New York decision, the company is continuing the fight on different battlegrounds. Most recently, Amazon has announced that it will end its affiliates program for all North Carolina businesses effective July 1 as that state goes forward with sales tax legislation similar to the New York program. more >>
Political and economic climate improving for Streamlined Sales Tax Project
A bill that would implement the Streamlined Sales Tax Project (SSTP) nationwide may be reintroduced in Congress later this year. Detailed provisions of the bill are still being worked on by interested groups. more >>
Expert Guidance, Online Research- Checkpoint® - No Cost for 30 Days

For more than 10 years, accounting, auditing and tax professionals have been turning to Checkpoint®, the revolutionary, easily-searchable online system, to get straight to their answers.

Checkpoint brings together the most trusted information on the most powerful research system available, integrating unparalleled expert guidance, primary source materials and analysis.

Plus, Checkpoint is completely customizable to meet your specific research needs, so you see exactly what you want, and reach your answers faster and easier than ever before.

Try Checkpoint now at NO COST for 30 days. Call 1.800.950.1216 or visit ria.thomsonreuters.com today.
Streamlined sales tax might be the answer to state budgetary woes
The Streamlined Sales Tax Project is moving back into the spotlight with some states visibly hurting for tax dollars and a Congress that seems friendlier toward raising taxes. more >>
Amazon loses New York sales tax lawsuit
In January, 2009, a New York state judge dismissed Amazon.com's lawsuit alleging the online retail giant had no requirement to pay sales tax in the state due to a lack of physical presence. more >>
Avalara SST Certified
Learn to Remove the Hassles from Sales Tax Compliance: Join SST and choose Avalara as your CSP

The Streamlined Sales Tax Project (SST) objective is to simplify and modernize sales and use tax collection and administration in the United States.

Businesses outsource sales and use tax compliance functions to Avalara—one of only four Certified Service Providers (CSP) in the Streamlined Sales Tax Project—to determine and calculate the tax, then report and remit taxes to the states on their behalf. This service is performed automatically and in real-time. Achieving SST certification has validated Avalara as a trusted provider of the most accurate, affordable and secure sales tax compliance solution available.

If you are interested in learning more about Streamlined Sales Tax and other sales and use tax topics, please sign up for our monthly newsletter.

If you have an immediate question regarding SST or sales tax compliance, please contact us.
Business Tax Index ranks state tax systems
In April, 2009, the Small Business & Entrepreneurship Council (SBE Council) published the "Business Tax Index 2009: Best to Worst State Tax Systems for Entrepreneurship and Small Business," which ranks the 50 states and District of Columbia according to the costs of their tax systems for entrepreneurship and small business. more >>
Sales tax compliance costs hit hard on SMBs
In what offers the faint hint of another area where accountants can assist small and midsized (SMB) clients, a government and business study has found that the costs of complying with state sales tax regulations is a financial burden for all retail businesses and hits especially hard on the smallest. more >>
CPE Link
Earn CPE Credit with CPE Link Live Webcasts

CPE link offers live webcasts taught by expert tax and accounting professionals. All webcasts are reasonably priced with group discounts for online learning for a staff of three or more.

In addition to live webcasts, CPE Link offers online self-study courses and on-demand webcasts. Sit back, relax and learn without leaving the office! View upcoming webcasts.

CPE Link Microsite on AccountingWEB
Advertise in the Tax Zone e-newsletter
AccountingWEB has many advertisement opportunities available
Contact Diane Williams, Sales Manager
866-688-1678 x 16 or e-mail dwilliams@accountingweb.com

Has Outlook blocked your images?
If you need to right-click one of the images in this e-newsletter to see the pictures it's easy to set up AccountingWEB.com as a 'safe sender' so you don't have to do this every time you receive an e-newsletter. Select the Actions-Junk Mail menu and pick either the 'Add Sender' or 'Add Sender's Domain' option.
You are currently subscribed as ##email## to the HTML e-mail version.
To unsubscribe from IN THE ZONE: Tax Zone, follow the link provided by e-mail.

If you experience any problems, please Contact Us

Click Here to swap to the 'Text-Only' version, change your e-mail address, your password information, modify subscriptions, and update your personal profile information.

Please allow up to ten (10) business days for unsubscribe orders to be processed. Thank you for your patience.

© Copyright 2009 AccountingWEB, Inc. All rights reserved.

AccountingWEB.com
P.O. Box 2252, Westerville, OH 43086-2252
"Your Profession. Your Community."

Powered by


The AccountingWEB Portfolio includes:

AccountingWEB.com | AccountingWEB.co.uk | AccountingWEB.nl