With news of the Trump Administration’s planned 25 percent tariff on Chinese imports circulating, the National Retail Federation (NRF) said the move could be very detrimental to the U.S. economy. In particular, the NRF’s president and CEO Matthew Shay told Chain Store Age that the move would...
A day after the U.S. Supreme Court opened the door to state collection of sales taxes for eCommerce purchases, questions swirled about software, Congressional action, marketplace sellers and how consumers would react. Five Supreme Court justices may have settled one of the longstanding issues of...
Before the recent tax reform passed in December, it was thought that the tax cuts could boost corporate spending on new offices, equipment and factories. But that may not be the case – yet – which means S&P 500 companies have a record high of...
While Americans rush to file their taxes this Tax Day, some computer systems at the Internal Revenue Service (IRS) are “experiencing technical difficulties.” As a result, the agency said it is having trouble taking in returns from tax preparers, The Wall Street Journal reported. Get the...
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