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Sales Tax Updates: What’s new in sales tax for April?

TaxConnex

There’s always something changing in the world of tax, especially sales tax. A bill that would raise the online sales tax in Alabama is progressing with state lawmakers. The current Alabama sales tax is 8% for online purchases, the same as for purchases at the state’s brick-and-mortar stores. Leveling the field.

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The accountant’s guide to state taxes on retirement income

ThomsonReuters

Navigating state taxes on retirement income is a critical aspect of financial planning for retirees. While federal tax rules apply uniformly across the country, state tax rules can vary widely. Jump to: • State tax on retirement income • Which states do not tax retirement income?

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Intuit Inks Deal To Purchase Order Management Provider TradeGecko

PYMNTS

The department has brought forward questions regarding possible antitrust issues if Intuit, which makes TurboTax, takes over its former competitor that provided complimentary tax preparation tools. David Cicilline (D-Rhode Island) questioned the arrangement within weeks of the transaction’s announcement.

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DOJ To Investigate Intuit’s $7B Takeover Of Credit Karma 

PYMNTS

ProPublica reported the DOJ has raised questions about potential antitrust issues if Intuit, the maker of TurboTax, takes over its former rival that offered free tax preparation tools. David Cicilline , (D-Rhode Island) raised questions about the deal. Department of Justice (DOJ) has launched a probe into Intuit ’s $7.1