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Old 05-04-2010, 09:40 AM   #8
TallMomof2
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Or don't keep records. 20 years ago we could deduct state sales tax off of the federal return. I would keep every single paper receipt in a shoe box so that I could add them up for my deduction.

The states have been pushing for all retailers (Amazon, Ebay, etc.) to collect sales tax for their individual state not just in the states where the retailer has a physical presence. That would be a nightmare for small business owners such as myself who sell online. As it stands we only collect Virginia sales tax and in-state sales only account for 5% of our business.
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