Compare what you paid in sales tax to your state and local taxes. Deduct the larger of the two. But there's a catch. Many, or all, of the products featured on this page are from our advertising ...

Use the sales tax calculator to figure out how much sales tax you’ll potentially owe on a purchase. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

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 ...

High-growth startups often overlook sales and use tax, but expanding into new states or revenue streams can quickly trigger ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Erika Rasure is globally-recognized as a leading consumer ...

Businesses in the United States have to pay a variety of taxes on the products they sell. The most common example of this is sales tax. But in some cases, companies may also have to pay excise taxes.

Though most Americans associate April with taxes, the truth is, every day is tax time. Unless you're lucky enough to live in a state with no sales tax, you pay a percentage on nearly all of the items ...

Do you live in a state that has a high sales tax? A state that imposes no sales tax at all? Consumption tax, the category that includes sales tax, is often a footnote at the end of a receipt, but it ...

Shiloh Johnson, MST, CPA, is the CEO and founder of ComplYant, a TaxTech platform making business tax management stress-free for founders. The word “nexus” sounds mysterious and illusive. But what ...

What is the sales tax rate in Wisconsin? Statewide, the sales tax is 5%. What is the current sales tax in Milwaukee County? For now, the sales tax in Milwaukee County remains the same at 5.5%, which ...

Kemberley Washington is a former staff writer at Forbes Advisor and provides consumer-friendly tax tips for individuals and businesses. Her work goes beyond tax articles. She has been instrumental in ...