Qualities of a Leader
How often have you heard the comment, He or she is a born leader? There are certain characteristics found in some people that seem to naturally put them in a position where theyre looked up to as a leader.Read More
By Ron Cohen, CPA, MST
Greenstein, Rogoff, Olsen & Co., LLP
This is an excellent article in the L.A. Times, December 24, 2009, Page B1.
Their has been confusion in the minds of tax and non-tax people about their tax obligation for California Use Tax on internet purchases, when the internet seller does not charge sales tax on purchases of tangible personal property.
There really is no confusion under the law. All California taxpayers should pay this tax with their Form 540 filed with the Franchise Tax Board each year... and people who want or need to be 100% accurate in all their tax obligations should seriously make a good-faith effort to pay-in a reasonable estimate of Use Tax due on untaxed internet sales.
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