Tax Refunds Down Over 8%
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The State of Arizona is taking the first crack at trying to collect sales tax from amazon.com–the biggest online discount retailer. According to a filing with the SEC, Arizona calculated that Amazon owes the state & various cities $53 Million in uncollected taxes from March 1st, 2006 through December 31st 2010.
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The State of Connecticut has indicated that it will stop issuing paper refund checks and instead will use Chase Bank debit cards. These cards will need to be activated before they can be used. CT taxpayers can opt-out and receive their refund by direct deposit, however they will not have the option to receive a check unless a taxpayer’s refund in exceeds $10,000, one is collecting refunds on behalf of the deceased or has an offshore bank account.