Retailers

The tax prep chain is expanding into the retail industry by acquiring the outlet business from the bankrupt retail giant.

The U.K. retailer reported a surprise tax bill of almost $750 million, the departure of its financial chief and deepening woes at department-store chain House of Fraser.

New York lawmakers approved a budget that allows for tolls on cars entering midtown Manhattan, increases sales taxes on multimillion-dollar city homes and ushers in a statewide ban on single-use plastic bags.

Bipartisan legislation would make a technical correction in the Tax Cuts and Jobs Act that has kept many stores and restaurants from renovating their facilities.

A pair of Republican and Democratic senators introduced bipartisan legislation to fix one of the technical problems in the Tax Cuts and Jobs Act.

Ailing shopping districts are losing revenue to e-commerce, according to a government report.

The troubled bed retailer plans to close up to 700 stores.

The Supreme Court’s 5-4 decision allows states to require out-of-state retailers to collect sales tax from customers, even if they don’t have a physical store or warehouse in the state.

The Top 100 Firm continues to expand its NetSuite service capabilities in the U.S. and internationally.

U.S. retailers came out swinging against new tariffs that will be imposed against China, saying they represent a $50 billion tax on American consumers.