Form 1099-K is used to report payments received for goods or services processed through payment apps, online marketplaces, and credit cards. The IRS has issued FAQs to explain when you might get one.

The sales tax deduction lets you deduct the state and local sales taxes you’ve paid throughout the year, but only if you itemize your deductions. If you live in a state with no income tax or have made ...

A classically trained French hornist by education, Nick Wolny is a managing editor at CNET Group, where he oversees the Perspectives franchise and written branded content across CNET Group's ...

Purchasing a car gets expensive fast, especially when browsing for a sports car or luxury SUV. A noticeable chunk of the cost falls under the sales tax, which you pay as soon as you register the ...

Native Americans are subject to federal income taxes, while tribes set their own sales taxes Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of ...

Keeping sales tax in a separate account can save you from making these common mistakes. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...

Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...

Q. I have a small business and sell exclusively on eBay, which now collects sales tax from the buyers on items sold in a number of states, including New Jersey. In the past, I always reported my total ...

Q: I am the owner of a small business in Rhode Island. A 2014 Honda Accord is registered in my company's name. I wish to transfer the registration of the vehicle to myself. Will I have to pay sales ...