The U.S. Senate has voted 75 to 24 in favor of proposed nationwide Internet sales taxes, a move that several major U.S. retail groups applaud. The law, which exempts businesses with annual out-of-state sales of less than $1 million, “is proof-positive that the federal government’s special treatment of online-only retailers will soon be a thing […]
legislation
Small Businesses Strive for E-Fairness
Ask Roberta Bonoff, CEO and president of Creative Kidstuff, a specialty toy store based in Minnesota, how her company has stayed in business for 30 years and she’ll tell you, “First and foremost, it’s about offering your customers and your community an experience and service they won’t find anywhere else. Second, it’s about staying relevant […]
Laws Aid Small Biz
While government regulations and business tax laws continue to concern independent retailers, some of the policies enacted in January are having a positive effect on small businesses and startups.
Tax Incentives Aid SMBs
The Taxpayer Relief Act of 2012 delivered good news to America’s 28 million small businesses, as it extends tax credits the President signed into law during his first term.
House and Senate Approve Fiscal Cliff Compromise
To the relief of many Americans, the House has approved a bill to avert the fiscal cliff, staving off widespread tax increases.
How You Can Prepare to Collect Online Sales Tax
Many online retailers may have to collect sales tax if, as anticipated, the Marketplace Fairness Act passes the House and Senate.
Web Retailer Sales Tax?
Advocates for a law that would require web-only retailers to collect state sales tax are optimistic that Congress will be enacting such legislation in the near future.
RILA Applauds Sales Tax Fairness in California
Advocates for a level playing field between brick and mortar retailers and online competitors celebrate sales tax fairness in California.
Cutting Red Tape
NFIB’s monthly Small Business Economic Trends report consistently shows government requirements and red tape to be among the single most important problems facing small business owners.
National Web-Only Retailer Sales Tax Likely
Many web-only retailers are bracing for change, as U.S. Congress likely will be enacting a law that will require them to collect state sales tax.
