By Rachel Metz The amount of money at stake for state governments is somewhat murky. According to a recent University of Tennessee study, uncollected state and local taxes from online sales could total $7 billion this year. But only a small part of this would stem from consumer purchases, because transactions between businesses make up the bulk of sales. Stand out from other IT professionals. Increase your earning potential. Secure your future. Get Certified with ISACA’s Certified Information Systems Auditor™ (CISA®) Certified Information Security Manager® (CISM®) and Certified In The Governance Of Enterprise IT® (CGEIT®). In a big break for online shoppers, Web retailers generally don't have to charge sales taxes in states where they lack a store or some other physical presence. Increasingly, states aching under the weight... [read full story]
