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SEPTEMBER 3, 2019

A tax dispute between Intel and the Internal Revenue Service could cost large technology companies billions of dollars, according to a report by The Wall Street Journal. billion tax expense due to the case, and Alphabet turned around on a $418 million benefit. Facebook disclosed a $1.1

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JUNE 21, 2018

States can collect sales taxes from online retailers thanks to a U.S. The 5-4 decision essentially overturns the court’s 1992 ruling that states can collect sales taxes only from retailers that maintain a physical presence in those states. billion in tax revenue in 2017,” according to the report. retail sales.

Taxes 119

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JULY 19, 2018

In 2017, Americans spent $83.6 billion , it is still a more valuable run of commerce activity than Mother’s Day, Father’s Day, Easter and Valentine’s Day combined — which is why state tax holidays placed at the end of July and beginning of August have become so very popular over the last two decades.

Taxes 101

Taxes Trends Massachusetts Louisiana 101

Abrigo

JANUARY 6, 2017

Ellison-Taylor, chairman of the AICPA , recently noted that technology tops her list of the most important trends shaping 2017 because it will drive so many of the profession’s opportunities and challenges in the year ahead. Kimberley N. But how are accountants supposed to keep up with all of the technological trends ? Register here.)

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Trends blockchain Taxes Survey 218

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OCTOBER 14, 2019

In other news, the Marco Polo Network has announced that it has secured its first Russian-German import-export operations financing project. We launched our first distributed ledger technology in trade finance as early as 2017. The Internal Revenue Service (IRS) now has a question on crypto ownership on its 1040 income tax form.

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APRIL 6, 2018

If the deal were to go through, Monex’s chief operating officer, Toshihiko Katsuya, would become the company’s new president. And the jump in bitcoin prices in 2017 has created massive tax liabilities – to the tune of $25 billion, per a research note from Fundstrat Global Advisers , Reuters reported.

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Taxes Bitcoin cryptocurrency US 102

PYMNTS

FEBRUARY 13, 2019

In addition, taxes generated by the industry grew by nearly 8 percent last year. And the state’s marijuana taxes, including licenses and fees from dispensaries, were more than $266.5 million in 2018 — up nearly 8 percent from $247 million in 2017. million in 2018 — up nearly 8 percent from $247 million in 2017.

Industry 155

Industry Colorado Taxes California 155

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JUNE 23, 2017

Ant Financial, the financial arm of Alibaba specializing in wealth management, nearly doubled its profit during its 2017 fiscal year in part because of its mobile payments feature. Ant Financial operates Alipay, the popular mobile payments service in China.

Mobile 115

Mobile Taxes Analysis Payments 115

Gonzobanker

JANUARY 4, 2018

The card processing landscape experienced significant changes in 2017, and this shift in players will impact financial institutions well into the future. Heloc Tax Deduction Suspension. The suspension of the HELOC tax deduction could have an adverse impact on FIs. The post 2017 Top Reader Picks appeared first on Gonzobanker.

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OCTOBER 28, 2019

Wayfair’s case enabled cities and states to pass economic nexus laws that require out-of-state sellers to collect and remit taxes on local residents’ sales, and it permitted these jurisdictions to implement marketplace facilitator laws necessitating that eCommerce platforms collect and remit taxes on third-party merchants’ sales. .

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MARCH 17, 2020

The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. The law opens up much more territory to these operations, which had only been permitted in areas zoned for industry. and San Francisco. Starting Jan.

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Retail Arlington San Francisco Milwaukee 135

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AUGUST 20, 2018

Mobile wallets, arguably built to solve problems that few consumers had , are again taking on a common hassle faced by travelers who cross international borders: getting those refunds on local taxes. For the South Korean service, Chinese tourists claim tax refunds via their mobile apps, and can skip tax refund counters altogether.

Taxes 101

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FEBRUARY 21, 2020

She’s alleging the city profited by that same amount selling medallions and by collecting a 5% tax on third-party transfers. A taxicab medallion is a numbered plate required to operate a yellow cab. It also set up an artificial floor for bids and permitted taxicab brokers and large owners to “bid up” medallion prices.

Fraud 223

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NOVEMBER 16, 2018

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers. And though local U.S.

Taxes 177

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SEPTEMBER 18, 2018

The federal agency said it shut down websites where consumers could buy “fake financial and other documents – such as pay stubs, income tax forms, and medical statements – which can be used to facilitate identity theft, tax fraud, and other crimes,” according to an FTC statement. Simmons was ordered to pay $15,000.

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JANUARY 10, 2019

In addition to the new invoicing feature, the bank noted that it is readying to help small business clients comply with the upcoming “Making Tax Digital” initiative in the U.K., with plans to introduce new tax-related features to its platform “over the coming months.” in early 2018.

Taxes 166

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OCTOBER 8, 2019

Cotten didn’t file personal tax returns for 2014, 2015 or 2017 and his 2016 return didn’t report any income from Quadriga, and Robertson’s tax returns from 2015 and 2016 showed income of less than C$60,000 a year, while in 2017 there was income of less than C$5,000 — but none of it from Quadriga.

Bitcoin 181

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JULY 17, 2017

Citing an improved traffic and retail shopping trend, retailer Target upped its comparable target sales for Q2 2017. benefit in Target stocks, driven by the net tax effect of the company’s global sourcing operations. of pressure related to the unfavorable resolution of tax matters.

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NOVEMBER 3, 2017

Cardtronics , the world’s largest ATM owner and operator, revealed that it has exceeded earnings expectations for the third quarter of 2017. The company, which is based out of Houston, TX and operates globally, had total revenues of $402 million in the quarter ending September 30, 2017 – a 22 percent increase from $328.3

ATM 108

ATM DC Houston Operations 108

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FEBRUARY 2, 2018

Though this earnings run so far has been marked by many firms incurring the wrath of Wall Street — even in the face of putting impressive numbers on the board — Amazon didn’t face that same fate for the ending quarter of 2017. Our 2017 projections for Alexa were very optimistic, and we far exceeded them. years long. billion in 2016.

Taxes 122

Taxes Comparison Operations Course 122

Abrigo

JULY 20, 2017

Allaboutrisk.com (AAR) recognizes Sageworks as a credit risk vendor in its 2017 Risk Software Report. Electronic Tax Return Reader (ETRR). Stress Testing By automating business loan operations with the products listed, banks and credit unions are able to make good loans faster and minimize risk. Loan Administration.

Software 150

Software Report United States Compliance 150

PYMNTS

MARCH 9, 2020

Intuit , the tax software company best known as being the enterprise behind QuickBooks and TurboTax , is looking into acquiring FinTech Finicity , according to reports. The company has a suite of APIs that operate with outfits like Experian and Ellie Mae to help onboard and authenticate customers.

Taxes 154

Taxes Software Company Marketing 154

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FEBRUARY 20, 2020

Steve Chen, the mastermind behind a $147 million gemcoin fraud from 2013 to 2015, pleaded guilty of his crimes of tax evasion and conspiracy to commit wire fraud, reported on Wednesday (Feb. As part of his plea agreement, Chen admitted to operating the U.S. Collins did not contest the CAB’s ruling.

Bitcoin 130

Bitcoin Fraud cryptocurrency California 130

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SEPTEMBER 13, 2017

. “Because of that complexity, taxes are more complex – it’s a snowball effect. The way taxes are done in the construction industry is different than in other industries.” ” Indeed, the construction industry has dizzying tax rules that don’t apply to other verticals. .”

Management 129

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PYMNTS

OCTOBER 10, 2018

The application , which was originally filed in September 2017 and was released by the U.S. Patent and Trademark Office last week, describes how a semi-private or private blockchain could be used to receive and store identity data, including a “name, a street address, tax identification number” and more.

blockchain 197

blockchain Data Taxes Resources 197

PYMNTS

SEPTEMBER 7, 2016

So goes the recent heated discourse on Go-Ahead , which owns Southern rail operator Govia Thameslink Railway and which has reported a 27 percent increase in profits, reaching £100 million. The pilot will run in 2017 with an aim to secure a nationwide rollout of the technology in 2018. rail system?

Training 100

Training Operations System Mobile 100

PYMNTS

JANUARY 22, 2019

Citing Amazon Country Manager Brazil Alex Szapiro, Reuters reported that the launch was delayed because of logistics and a complex tax system but now it plans to directly sell merchandise in 11 categories from more than 800 suppliers, including L’Oreal and Black & Decker. “We

Taxes 115

Taxes System Report Operations 115

PYMNTS

MARCH 12, 2020

Six men were convicted by a Paris court in a $50 million impersonation plot that conned wealthy residents into giving money to help the government with covert operations involving hostages, The New York Times reported on Thursday (March 11). The victims were told that the operation was secret and time-sensitive. million fine.

New York 141

New York Video Fraud Taxes 141

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FEBRUARY 20, 2020

before taxes and exceptional items and repaid debt using the proceeds of property sales. Laura Ashley has not paid a dividend since 2017. The company operates 155 stores in the U.K. percent decline reported until June of last year, when the company lost £9.8m

Maine 130

Maine Taxes Retail Groups 130

PYMNTS

FEBRUARY 1, 2018

PayPal’s Q4 2017 earnings report, in many ways, was a continuation of the same 2017 theme: earnings, profits, revenue and TPV are all up — and to a greater degree than predicted by analysts. eBay becomes approximately four percent at the end of the operating agreement [in 2020]. tax overhaul. years to the second 2.5

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PYMNTS

FEBRUARY 21, 2019

per share during Q4 2017. Streit also highlighted the firm’s ongoing collaboration with Intuit , with its Turbo Tax solution enabling users to receive tax refunds on a Prepaid Visa Card issued by Green Dot. The stats beat analyst estimates, with the company posting $0.56 per share and up from $0.29

Taxes 188

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PYMNTS

DECEMBER 18, 2017

20,000 | Cryptocurrency bitcoin finally managed to break the barrier after all, reaching a value of more than $20,000 per coin before the end of 2017. 50 percent | Portion of North American CFOs who believe large companies will benefit the most from tax reform, according to a CNBC survey. Of those, only 3.35 Of those, only 3.35

Bitcoin 100

Bitcoin Data Taxes cryptocurrency 100

PYMNTS

JANUARY 26, 2018

GE released its Q4 2017 earnings data earlier this week, revealing a one-time $6.2 billion tax charge related to the nation’s recent tax reform. The Washington Post said the SEC had not yet commented on the investigation.

Washington 117

Washington Taxes Course National 117

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MARCH 4, 2019

According to a report in Reuters , citing Finnish broadcaster Yle, which had access to leaked documents, the money came from companies registered in countries with tax havens, including the British Virgin Islands, Panama and Belize. The investment firm rates Nordea at underperform.

Virgin Islands 116

Virgin Islands Taxes Regulation Groups 116

PYMNTS

DECEMBER 4, 2018

At that time, the business was handling trusts in low-tax locations, including Germany and the Virgin Islands, generating just a tiny portion of Deutsche Bank ‘s overall annual revenue. In October of 2017, it announced a deal to sell the unit to N.T. In 2016, it operated trusts for around 900 clients, with €311m in assets.

Virgin Islands 116

Virgin Islands Taxes Operations America 116

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FEBRUARY 8, 2019

7) that adjusted earnings before interest, tax, depreciation and amortization (EBITDA) will grow 10 percent to 15 percent this year, according to Bloomberg. The report also showed that gross bookings at HomeAway grew 15 percent, down from 47 percent growth in the Q4 of 2017. Analysts had projected an increase of 9 percent. in New York.

New York 142

New York Conference Taxes Online 142

PYMNTS

MARCH 13, 2017

70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey. Nearly a quarter of small businesses said they still use paper forms when filling out taxes. There are so many options available to small businesses today, the executive added. 37 percent of SMEs in the U.K.

Financial Technology 127

Financial Technology Technology social media Taxes 127