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U.S. Senate Passes Bill Allowing Online Sales Tax

The Senate has passed a bill that could end tax-free shopping on the Internet for many shoppers.

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House Sale Pending Sign
Flickr Bunches and Bits {Karina}
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3.8 Percent Real Estate Tax – Dispelling the Myth

Many folks have been calling and asking questions regarding the new 3.8% real estate tax. Will this affect most home sales? Will the average seller who already has a problem selling their home be charged a tax on top of it? Here's what you need to know.

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ICHIRO, Getty Images
ICHIRO, Getty Images
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Sales Tax On Internet Purchases Rejected By NJ Residents [AUDIO]

Under current law, sales tax is only applied to Internet purchases if they originate in a state where the retailer has a physical presence.

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Internet Shopping
Justin Sullivan, Getty Images
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NJ Losing Millions in Sales Tax Cash [POLL/AUDIO]

A recent Rutgers University study commissioned by the New Jersey Retail Merchants Association (NJRMA) finds that out-of-state, on-line-only businesses are exploiting a tax code loophole and it is costing New Jersey jobs and tens of millions of dollars

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