Taxable Talk

From Russ Fox, E.A., of Clayton Financial and Tax of Irvine, CA
All items below are for information only and are not meant as tax advice.
Please consult your own tax advisor to see how each item impacts your own situation.
ITunes + Tax in New Jersey
As I mentioned previously, New Jersey increased its sales tax earlier this year. The Garden State also expanded what is covered by sales tax. Tattoos, massages, limousines, and data processing services are just some of the itmes that the state will now get a cut of, as of October 2nd. And ITunes downloads.

Yes, online music downloads are taxable in the swamplands. So if you want the latest song from Disturbed (my writing partner's favorite band) or the Red Hot Chili Peppers, Apple will be collecting sales tax. All to balance a budget by not cutting spending.

News Story: cnet