PYMNTS

DECEMBER 26, 2019

Merchants aiming to sell nationwide must pay attention to how their goods are treated by each state’s tax code. Items considered as exempt medical necessities in some states may be taxed at high rates in others, and businesses cannot afford to be caught by surprise. Around The Next-Gen Sales Tax Wor ld.

Taxes 130

Taxes South Carolina Compliance Alaska 130

Abrigo

MARCH 12, 2025

In the aftermath of the devastating wildfires in California, scam artists exploited the situation by posing as legitimate charities soliciting relief donations through social media, emails, and phone calls. California Attorney General Rob Bonta emphasized the importance of vigilance to avoid falling prey to such scams.

Fraud 195

Fraud North Carolina California social media 195

PYMNTS

MARCH 1, 2020

A petition by Uber , Lyft and DoorDash to roll back a California law regarding gig economy workers has reached 1 million signatures and will head to voters at the ballot box this November, according to CNET.

California 153

California Taxes Industry Company 153

PYMNTS

JULY 13, 2020

South Korean crypto users might soon see 20 percent taxes on their currency, according to Cointelgraph. ” But Sung Tae-yoon , an economist with Yonsei University, warned that taxing cryptocurrencies could slow the country’s tech markets. And, the U.S.

Taxes 170

Taxes Bitcoin Capital cryptocurrency 170

PYMNTS

AUGUST 16, 2020

As courts force an end to the use of gig workers by Uber and Lyft in California, the CEO of Just Eat Takeaway said he will do it on his own. We want to be certain they do have benefits, that we do pay taxes on those workers.”. Last week, California Superior Court Judge Ethan Schulman said Uber and Lyft have until Aug.

San Francisco 253

San Francisco Taxes California United States 253

PYMNTS

DECEMBER 30, 2019

Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying to collect eCommerce sales tax retroactively, as far back as five years. have moved to collect sales tax from remote sellers, and it’s just the beginning. Implementation.

Taxes 130

Taxes Alaska South Dakota South Carolina 130

PYMNTS

APRIL 12, 2019

Elizabeth Warren announced her vision for a revamped corporate tax law, The Wall Street Journal reported Thursday (April 11), an initiative that could raise $1 trillion over 10 years. Reports said Warren announced her Real Corporate Profits Tax, proposed legislation that would include a 7 percent tax on the largest U.S.

Taxes 122

Taxes Washington California Analysis 122

PYMNTS

MARCH 4, 2019

In a move that could negatively impact high-frequency traders, Democrats are bringing forward a plan to tax stock, derivative and bond deals. Peter DeFazio (D-OR) is spearheading the “Wall Street Tax Act of 2019” bill, with U.S. Alexandria Ocasio-Cortez (D-NY) as its lead co-sponsor, CNBC reported.

Taxes 130

Taxes Michigan Leadership California 130

PYMNTS

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. States can now tax sales by companies that do not have a physical presence within the state. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces.

Taxes 129

Taxes Online South Dakota Louisiana 129

PYMNTS

JANUARY 29, 2018

California is pressing forward with efforts to provide legal banking services to marijuana businesses as cannabis companies struggle to get banked. Reports in The San Francisco Chronicle said California policymakers introduced a bill last Thursday (Jan.

California 112

California San Francisco Taxes Conference 112

PYMNTS

AUGUST 4, 2020

ProPublica reported the DOJ has raised questions about potential antitrust issues if Intuit, the maker of TurboTax, takes over its former rival that offered free tax preparation tools. The report said while Credit Karma filed 40 million returns last year, it ranks as the fifth-largest online tax filing provider and has been growing.

Rhode Island 240

Rhode Island Taxes San Francisco Cleveland 240

PYMNTS

NOVEMBER 29, 2019

And in the wake of all those sales lies a pressing issue for merchants plying their trades online: figuring out the tax liabilities. At the same time, navigating tax policies is proving to be a complex business. tax policy at Avalara , noted that this holiday season is the second one post-Wayfair. The hard part?

Taxes 134

Taxes South Dakota New York Nebraska 134

PYMNTS

JUNE 10, 2019

Certified Professional Accountants (CPAs) in California are calling on an industry watchdog to clarify standards for cryptocurrency accounting, with expectations that corporations will increase their use of cryptocurrencies moving forward. Earlier this year EY launched a corporate cryptocurrency accounting and tax management solution.

California 128

California cryptocurrency Taxes Report 128

Payments Dive

APRIL 5, 2022

Chicago and California propose giving prepaid gas cards to eligible residents and assistance to public transit users. State and federal efforts to suspend gas taxes face criticism for potential economic and environmental impacts.

Chicago 195

Chicago California Taxes Cards 195

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 And the state’s marijuana taxes, including licenses and fees from dispensaries, were more than $266.5 billion the previous year.

Industry 155

Industry Colorado Taxes California 155

PYMNTS

AUGUST 28, 2019

It’s a debate with significant implications for lawmakers in areas like minimum wage and tax policy. Labor Department classified these gig workers not as employees, but as contractors, in a case that enabled an unnamed company hiring these gig workers to not have to pay federal minimum wage, overtime or Social Security taxes.

California 116

California Taxes Industry New York 116

PYMNTS

SEPTEMBER 24, 2019

As commerce has, increasingly, moved into the digital realm, and even the smallest merchants have gone omnichannel, tax policy has evolved as well — although perhaps it may be more apt to say tax policy has scrambled to keep up. Thus far, a bit more than a year after the ruling, tax policy remains fragmented.

Taxes 116

Taxes Retail Online South Dakota 116

PYMNTS

MARCH 20, 2019

California could receive “$1 billion or more” from the capital gains taxes on the IPO’s stock sales. “We We need those billions for education and other areas,” John Chiang, the state’s former treasurer and controller, told CNBC , adding that the collection of taxes “may not happen all at once, and could be spread over time.”. “If

Taxes 101

Taxes CA San Francisco California 101

PYMNTS

MAY 16, 2018

Seattle’s city council has approved a new tax for the city’s biggest companies, including Amazon , to combat a housing crisis impacting the city’s working class. The new tax was passed with a 9-0 vote, and would affect most companies grossing at least $20 million a year.

Seattle 108

Seattle Taxes Company California 108

PYMNTS

DECEMBER 4, 2020

It will also reduce barriers to research, alleviate some banking and tax woes and do away with some past cannabis offenses, along with more diversification in the industry. But it doesn't force states to legalize cannabis.

Taxes 276

Taxes California Policies Industry 276

PYMNTS

SEPTEMBER 1, 2016

One of the more long-grumbled complaints in retail is that Amazon and other eCommerce players are able to exploit a loophole that allowed them to mostly avoid charging sales tax. Would collecting sales tax 100 percent of the time take a bit out of Amazon’s bottom line? Recent data suggests — probably not.

Taxes 101

Taxes South Carolina Colorado New Jersey 101

PYMNTS

NOVEMBER 20, 2019

Food delivery services like Grubhub need to charge more for sales tax and aren’t doing so, according to company CEO Matt Maloney. Those numbers mean tens of millions of dollars in terms of taxes, but customers have noticed that different services charge different amounts, and uniformity is rare. The sector is projected to receive $10.4

Taxes 101

Taxes Pennsylvania Texas New York 101

CFPB Monitor

JULY 20, 2022

As discussed in an earlier blog post , the California Department of Financial Protection and Innovation (“DFPI”) issued an Invitation for Comments on the Proposed Second Rulemaking under the Debt Collection Licensing Act (“DCLA”) on August 19, 2021. Code §§ 28100 et seq.). 10 CCR § 1850.2

California 141

California Regulation Taxes Report 141

PYMNTS

OCTOBER 24, 2019

Wayfair ruling gave states and cities permission to tax remote sellers and online marketplaces based on their economic participation in the state, regardless of whether they had physical presences. Online retailers aren’t sitting still when faced with new taxes — and some are even fighting back in court.

Taxes 101

Taxes San Jose Kansas South Dakota 101

PYMNTS

SEPTEMBER 2, 2016

billion in unpaid taxes that Apple allegedly owes. As PYMNTS has reported, the Commission alleges that the Irish government offered Apple a deal to pay from almost zero to around 1 percent tax on its European profits. Ireland’s cabinet says it will move forward with its appeal of the European Commission’s ruling to recoup $14.5

Taxes 101

Taxes Apple California US 101

PYMNTS

FEBRUARY 15, 2019

In a series of commentaries at the annual shareholder meeting of the Daily Journal, Munger said that some states — including California, Connecticut and New York — have been “stupid” as they have driven wealthier individuals away amid onerous tax and regulatory policies. percent, while in California it is 9.6

Taxes 100

Taxes Policies Connecticut New York 100

PYMNTS

SEPTEMBER 5, 2017

With a growing number of automated machines performing jobs and tasks that could eliminate jobs, one San Francisco official is pushing a statewide “tax” in California on robots that put people out of work. And even Bill Gates suggested earlier this year that a robot tax could slow down automation and give people time to prepare.

San Francisco 108

San Francisco Taxes San Jose United States 108

PYMNTS

MAY 22, 2020

The measure limits independent contractors and the self-employed to borrow up to two months of their pay based on their 2019 income tax return or $15,385, whichever is less, toward forgiveness. If they can’t convince the SBA they met those requirements, borrowers have two years to repay it at a 1 percent interest rate.

Ohio 248

Ohio Taxes Guidelines California 248

PYMNTS

AUGUST 14, 2020

The Gig Economy’s California Woes. Speaking of cars — although not those driven by consumers — Webster and Birnbaum also discussed the potentially disturbing implications of a California court ruling this week that would force Uber and Lyft to reclassify drivers as employees.

Fintech 300

Fintech Apple California Google 300

PYMNTS

JANUARY 27, 2020

In recent weeks, both New York and California have sought more authority over debt collection, even as the CFPB mulls rule changes that would make it easier for debt collectors to be in contact with companies and individuals via phone, text and email. Digital Taxes, Abroad. And we want this basis to be solid, credible and fair.

New York 179

New York Taxes California Conference 179

PYMNTS

MAY 21, 2020

a California-based marijuana producer, told the paper. They noted that collecting tax revenue would become more efficient for state and local governments, and added that threats to public safety have increased with cash-intensive business models that are “often the target of criminal activity.”.

System 251

System US Taxes Leadership 251

PYMNTS

SEPTEMBER 25, 2019

Committee Chairwoman Maxine Waters of California voiced her support of the legislation, as well as calling for the House Judiciary Committee to advance legislation to address the criminalization of marijuana. The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only.

Ohio 235

Ohio Colorado Washington California 235

PYMNTS

MAY 21, 2018

It looks like the tax situation in Seattle may be getting a bit stickier: Seattle’s city council has approved a new tax for the city’s biggest companies, including Amazon, to combat a housing crisis impacting the city’s working class. Analysts estimate the new tax will bring in $45 to $49 million per year over five years.

Seattle 100

Seattle Taxes Cards Data 100

PYMNTS

FEBRUARY 11, 2020

Xero also summarizes point-of-sale Square sales, including tips, surcharges and taxes. Square is headquartered in San Francisco, California and was founded in 2009 by Jim McKelvey and Jack Dorsey. This integration is intended to make it easier for SMBs to track sales and simplify reconciliation. last year and has offices in 20 cities.

San Francisco 207

San Francisco Payments New York California 207

American Banker

FEBRUARY 5, 2021

First Foundation is relocating its corporate headquarters to Dallas, where the tax burden is lighter and it sees more opportunity to beef up lending, add wealth management clients and pursue acquisitions of community banks.

Taxes 65

Taxes Texas Dallas California 65

PYMNTS

MARCH 2, 2020

As the leader in DIY taxes, TurboTax has been dealing with escalating competition from Credit Karma, which is now a leading financial app among younger customers. Credit Karma started offering a free tax filing service in 2017. Credit Karma’s tax filing market share is growing at a rate of 3 percent.

Taxes 130

Taxes Miami Software New York 130

PYMNTS

NOVEMBER 9, 2020

Simon addressed several issues on the company’s earnings call from tax relief to the pandemic to its joint venture with Brookfield Properties to take over operations at JCPenney. We have withstood lack of federal and state help, especially in real estate taxes. We have withstood COVID. We have withstood government shutdowns.

Trends 169

Trends Retail Taxes Louisiana 169