With Black Friday and the long holiday weekend behind us, we now enter into Cyber Monday. Cyber Monday is the first Monday after the Thanksgiving Holiday and is know for the high volume of internet shopping that takes place as people go to work, and log onto the internet to make some holiday purchases.
I still have 2 books I want to order, but that's about it. I have made all of my big purchases already.
So who else is planning on doing some holiday shopping online today, and what are you planning on buying?
One of the big advantages of buying online is that you don't have to pay sales tax, unless the company you're buying from has a physical presence in your state. But did you know that you are supposed to claim those purchases, and pay that sales tax with you income tax at the end of the year? I just learned that on the news today. States are loosing millions of $$ in those sales taxes, and I'm guessing it's only a matter of time before the government steps in and makes online retailers start collecting sales tax. Any thoughts?