A consumption tax on the sale of goods and services that states and local governments impose when you purchase certain taxable goods and services. A taxable sale includes any transaction in which ...

As any business that has gone through a sales and use tax examination knows, a field audit can be time-consuming and expensive and can wreak havoc on the business’s financial health. Large assessments ...

Ward Williams is a former Editor for Investopedia focused on student loans and other financial products and services. He has over five years of professional editing, proofreading, and writing ...

Forbes contributors publish independent expert analyses and insights. Andrew Leahey is an attorney and law professor that covers tax. New Jersey’s proposed elimination of the 200-transaction threshold ...

The county saw a little more than $1.9 million in total revenue from its law enforcement, EMS and capital improvement sales ...

The New York State use tax is a bit like your CPA’s love life: difficult to comprehend, and generally of interest only to other accountants. That’s a shame (as to the use tax, that is). This little ...