Online Sales Tax Bill Gaining Senate Momentum

The contentious ongoing issue of charging and collecting sales tax for e-commerce transactions has been a point of concern for many states, all desperate for additional revenue that they feel should be gained as an intrinsic part of making purchases online. Some states, like California, enacted legislation to force sites to collect that sales tax when its residents make purchases. The state-by-state approach may soon see the much-debated federal version of an online sales tax bill up and running sooner rather than later.