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Posts Tagged ‘tax’

Tax Law: Fiscal Cliff Notes and the Tax ramifications of the American Taxpayer Relief Act of 2012 and Sequester Cuts

The “sequester” recently gobbled up headlines across national media. It has developed so much hype that many may have forgotten they already watched this movie’s first installment earlier in the year called “The Fiscal Cliff.” The American Taxpayer Relief Act was the federal government’s initial solution to the fiscal cliff. It was described as a…

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O'Malley's Amazon Tax

Governor O’Malley’s 2013 budget bill includes an “Amazon tax” provision similar to ones that are being considered and have been adopted by other states. The proposed law applies to online retailers located outside the state with affiliates in Maryland who receive benefits for referring potential customers to the out-of-state seller. Under the proposed law, that…

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