PYMNTS

JANUARY 18, 2021

This week's B2B Data Digest takes a look at the numbers behind the latest instances of fraud, including fraudulent invoices, corporate tax scams and more. $19 According to the publication, the individual is accused of issuing fraudulent invoices from legitimate suppliers in order to secure tax repayments for the company.

Community 219

Community Fraud Taxes Massachusetts 219

PYMNTS

OCTOBER 9, 2018

tax reform on the small business community, but so far, small business owners say the overhauls have made little impact on their hiring practices. “We asked, ‘What effect on your hiring plans has the Tax Cuts and Jobs Act had?' . It will take some time to understand the true impact of U.S.

Taxes 140

Taxes Survey Community Regulation 140

Abrigo

FEBRUARY 6, 2025

With the right approach, the rewards may outweigh the risks, creating opportunities for both financial institutions and the communities they serve. This staggering amount presents a lucrative opportunity for banks and credit unions to step in and meet the growing need for banking services while supporting businesses within their communities.

Lending 195

Lending Compliance Community Software 195

Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. Corporate relocations and expansions—influenced by factors like affordability, low corporate tax rates, no personal income tax and a rich talent pool—have contributed to a momentum that isn’t likely to subside soon. Photo by Dennis Burnett. By Mindy Charski.

Texas 182

Texas San Antonio Community Bank Community 182

PYMNTS

FEBRUARY 26, 2019

to allow businesses to pay their corporate taxes in bitcoin. In an interview with CNBC at the time, Ohio’s then-State Treasurer Josh Mandel said the initiative would increase “options and ease” for businesses, and support the local tech startup community.

Taxes 145

Taxes Ohio cryptocurrency Payments 145

PYMNTS

FEBRUARY 21, 2019

s Housing, Communities and Local Government Committee is calling on internet retailers to pay higher taxes to help struggling offline retailers in the country’s shopping districts. government agency called out Amazon , Asos and Boohoo Group , arguing they should pay more taxes since traditional retailers are losing business to them.

Taxes 134

Taxes Report Retail Online 134

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. To date 43 states and Washington, D.C.

Taxes 130

Taxes Alaska South Dakota South Carolina 130

PYMNTS

NOVEMBER 8, 2018

billion euros for what it contends is helping wealthy people in the country evade taxes. According to a report in Reuters , UBS is facing accusations of laundering the proceeds of tax fraud and illegally going after clients in France. France isn’t the only country investigating allegations that the bank helps clients evade taxes.

Taxes 128

Taxes Fraud New York Community 128

PYMNTS

FEBRUARY 7, 2019

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative. percent rate.

Taxes 122

Taxes Lending National New York 122

Independent Banker

JUNE 30, 2022

But there are ways community banks can help mortgage-seekers get on the property ladder. So how can community banks help? For customers who decide buying is the right choice, community bankers have a variety of products and services available to help. By Beth Mattson-Teig. Plenty of tools in the box. Flexibility needed.

Community Bank 143

Community Bank Community Millennials Resources 143

Perficient

DECEMBER 1, 2022

Tax season was approaching, and Jane, a Financial Advisor employed by Faux Advisors Group, wanted to target clients and prospects that would benefit from using tax-aware asset allocation (moving high-yield assets to a tax-deferred or exempt account to help decrease taxable income).

Taxes 294

Taxes Customer Experience Marketing Compliance 294

PYMNTS

OCTOBER 4, 2019

The state of Ohio has decided to end its support for bitcoin tax payments, state Treasurer Robert Sprague announced this week. In a statement published on Sprague’s official website this week, the treasurer said “OhioCrypto.com,” the website that allows businesses to pay their taxes in cryptocurrency, would be suspended immediately. “It

Ohio 109

Ohio Taxes Bitcoin Payments 109

South State Correspondent

FEBRUARY 12, 2025

The new administration with its lighter regulatory stance, the potential for tax relief and threat of higher inflationary has generated new optimism for credit, and new risk of higher rates. As such, unless a bank thinks a recession lies ahead, the risk/reward profile is likely going to be the best community banks have seen.

Trends 195

Trends Community Bank Capital Industry 195

Independent Banker

APRIL 1, 2021

Unlike our credit union counterparts, we pay taxes, and those tax dollars are spent at home to ensure our communities grow. As we kick off Community Banking Month, I can’t help but reflect on that statement and the changes of this past year. And community banks are the heartbeat of these efforts.

Community 103

Community Community Bank Taxes Capital 103

PYMNTS

JANUARY 11, 2021

US Trade Representative: India, Italy, Turkey Digital Taxes Discriminates Against US Firms. Trade Representative (USTR) recently released the results of Section 301 probes of digital services taxes (DSTs) that Turkey, Italy and India have adopted, finding that each tax “discriminates against U.S. Billion Of French Products.

Taxes 132

Taxes US Compliance social media 132

Independent Banker

DECEMBER 31, 2021

To satisfy the banking needs of some commercial and high-net-worth clients, some community banks provide trust and tax strategy services. Launching new services to cross-sell to existing customers is one path to organic growth for a community bank. For some banks, those services include specialty trust and tax strategy services.

Taxes 91

Taxes Community Bank Community Strategy 91

PYMNTS

JULY 6, 2020

The risk of closing malls, the report said, has the potential to reshape entire communities, which are debating whether abandoned malls can be turned into office space or affordable housing. on the residential component. Brookfield declined to offer a cost estimate for the project.)

Community 132

Community Retail Seattle New York 132

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

Community Bank 239

Community Bank Community Industry Texas 239

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists? What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

Abrigo

DECEMBER 10, 2024

Prizes, sweepstakes, and lottery scams: In these scams, victims are told theyve won a prize or lottery but must pay fees or taxes upfront to claim their winnings. Community engagement: Work with local law enforcement, adult protective services, and community organizations to educate seniors and their families about the risks of elder fraud.

Fraud 195

Fraud Training Software social media 195

PYMNTS

SEPTEMBER 8, 2020

Big Tech Updates Fees to Reflect UK Digital Services Tax. Apple announced upcoming tax changes for apps and in-app purchases to include tax law changes in the U.K. digital services tax on to consumers in addition to an existing 20 percent value-added tax. customer charges to cover the new tax.

Taxes 131

Taxes Google Apple social media 131

Perficient

JULY 22, 2020

The first day of Microsoft Inspire largely focused on how the Microsoft community had come together to help provide solutions for the current COVID-19 affected world. On Day 2, Microsoft Chief Executive Officer, Satya Nadella, urged Microsoft’s partners to think about what they could do next to help the world.

Innovation 309

Innovation Taxes Technology Community 309

South State Correspondent

MARCH 21, 2023

The need for a known, reliable brand creates an excellent opportunity for community banks to help small business customers while building deposit balances. ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. In 2020, the U.S.

Taxes 195

Taxes Community Bank Community Operations 195

ABA Community Banking

FEBRUARY 13, 2025

ABA expressed its support for a bipartisan bill to permanently extend a tax credit created to attract private investment in distressed communities. The post ABA urges passage of New Markets Tax Credit extension appeared first on ABA Banking Journal.

Taxes 59

Taxes Marketing Community Community Bank 59

PYMNTS

SEPTEMBER 3, 2020

The feature can be used to adjust any change in the tax rate charged on food and non-alcoholic beverages. The remote payments app allows merchants to charge customers by sending a payment link via SMS, Whatsapp, email or social media. After that merchants will be charged £29 pounds ($38.52) per month per iOS device.

social media 298

social media Taxes Online Payments 298

PYMNTS

JULY 15, 2020

The National Restaurant Association has issued a Blueprint for Restaurant Revival to help stabilize and stimulate the industry, including funding for restaurants and at-risk communities in need of help, according to a press release.

Industry 170

Industry Taxes National Community 170

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

South State Correspondent

APRIL 4, 2024

The relationship between federal deficits and interest rates may depend on many complex factors, such as: whether tax rate changes, money supply changes, government spending changes, or political and economic stability worldwide accompany the deficits. With time, these changes will only amplify.

Risk Management 195

Risk Management Community Bank Policies Community 195

Abrigo

FEBRUARY 25, 2025

Automation fosters efficiency, accuracy, and the support that community businesses need. Financial analysis Manual data entry related to financial statements and tax forms is like filling a jar with tweezerspainstakingly slow.

Lending 195

Lending FDIC Policies Analysis 195

Perficient

JANUARY 29, 2021

TCA stands for Trading Community Architecture. Whether County information is needed to support US Sales and Use Tax and if so, Counties are present where needed. Tax Organization Type – Corporation, Partnership. Tax Reporting Requirements – US and International. What is TCA? Supplier or Customer site definition.

Data 322

Data System Taxes Examples 322

Independent Banker

FEBRUARY 28, 2022

The ICBA Capital Summit is the premier event for community bankers looking to advocate for their industry. Community bankers, pack your bags for Washington, D.C. Community bankers, pack your bags for Washington, D.C. While at the ICBA Capital Summit, community bankers will enjoy insights from expert speakers.

Community 180

Community Washington Community Bank Capital 180

PYMNTS

SEPTEMBER 29, 2020

The spikes were especially concentrated in the south Brooklyn and Queens neighborhoods with large Orthodox Jewish communities observing Yom Kippur. Because of all of these factors, attorney Al Togut , who's worked in bankruptcies before, predicted an "avalanche" of bankruptcies in the fall and winter, Bloomberg reported.

New York 224

New York New York City Taxes Community 224

PYMNTS

OCTOBER 21, 2020

The hackers published the contribution in addition to tax receipts for 0.88 The Water Project aims to bolster access to clean water in Africa, while Children International helps communities, families and kids in multiple countries including Ecuador and India. in bitcoin ( valued at approximately $10,515 as of 7:04 P.M.

Bitcoin 234

Bitcoin New York Taxes Report 234

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

Community Bank 195

Community Bank Community Kansas City Lending 195

PYMNTS

AUGUST 9, 2020

There will also be receipt managing sub-accounts for tax purposes, and other such perks. Community banks have been an integral part of the response to the coronavirus pandemic, according to Treasury Secretary Steven Mnuchin , who said on Twitter that they had helped process over $875 million in Paycheck Protection Program (PPP) loans.

Tools 168

Tools Community Bank Community Taxes 168

South State Correspondent

MARCH 30, 2022

Community banks pride themselves on superior customer service. Approximately 90% of all community banks believe that they provide an above-average level of customer service (of course, the math cannot work that way, as half of all banks should be providing a below-average level of customer service).

Community Bank 195

Community Bank Resources Community Regional 195

PYMNTS

APRIL 30, 2018

and finance experts are celebrating with new data on the state of the entrepreneurial community. Eighty-three percent of SMBs said they don’t completely understand the new tax law and how it will impact their business, according to the National Association for the Self-Employed.

America 144

America Taxes National Community 144