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Hacker Tracker: The Evolving Threat Of Tax Fraud

PYMNTS

Earlier this year, the Treasury Inspector General for Tax Administration reported that there was a reduction in the number of fraudulent tax returns identified between 2013 and 2015. What’s Next In Tax Fraud. Cybercriminals aren’t always going to go after credit card information, because they don’t have to.

Taxes 144
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Fave: Inside Southeast Asia’s Merchant Super App

PYMNTS

For example, many merchants worry about the costs associated with card payments, although such fears are diminishing rapidly as interchange fees across the region fall. But he said merchants also fear taxes. Governments [in] general like this digital push because it definitely increases tax revenues,” Neoh said.

Taxes 311
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High-Value Cash Transactions That Could Trigger Income Tax Scrutiny

BankBazaar

Large cash transactions, particularly those exceeding specified thresholds, can attract attention from the Income Tax Department. The Income Tax Department (ITD) employs stringent regulations to monitor high-value financial transactions to prevent tax evasion and money laundering.

Taxes 78
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4 Ways To Invest Your Tax Refund

BankBazaar

Got a big tax refund? We all dread that time of the year when we have to file our Income Tax returns. All those calculations and figuring out which section of the Income Tax Act to claim refunds under can get pretty complicated, we admit. But think of the time when you get a sudden windfall as a sizeable tax refund.

Taxes 97
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All About Filing Nil Income Tax Returns

BankBazaar

Amidst tax filing season, understanding the necessity of filing a NIL income tax return can save you from potential hassles and bring financial benefits. As tax season approaches, many people may wonder about the necessity of filing an income tax return (ITR) when their income falls below the taxable threshold.

Taxes 78
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How Vendors Can Lower The Cost (And Risks) Of Card Acceptance

PYMNTS

With payment bigwigs like Visa , Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than growth in the number of card products available. “It streamlines payments and ease of paying by card,” Weiss told PYMNTS in an interview.

Cards 118
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New guide focuses on improving cash flow to grow the business

Abrigo

The Definitive Guide to Improving Cash Flow explains how to identify areas where poor cash flow impacts the operations and growth of the business so the benefits of improving cash flow are clear and can inspire change. When shared with clients, the aid will provide actionable advice that demonstrates the value of business advisors.

eBook 170