PYMNTS

OCTOBER 5, 2016

The firm is rolling out its Tax Compliance Services initiative, which aims to streamline the tax filing process for companies with 1099-classified employees. “Remaining compliant with the tax requirements of a 1099 workforce is no small task,” said Hyperwallet CEO Brent Warrington in a statement.

Taxes 172

Taxes Compliance Tools Strategy 172

PYMNTS

SEPTEMBER 27, 2019

Countries around the globe are launching new digital sales taxes in efforts to improve their revenue streams and create more balanced business environments for domestic brick-and-mortars and foreign eCommerce marketplaces. Around the Next-Gen Sales Tax world. in response, threatened a variety of retaliatory taxes.

Taxes 109

Taxes Trends Policies Compliance 109

PYMNTS

OCTOBER 1, 2019

Key international negotiations surrounding Brexit stand to reshape global eCommerce, including the kinds and amounts of taxes that online marketplaces will face. 31 whether or not a deal is signed, however, leaving businesses to guess how they should prepare for any new tax compliance obligations that could be set in motion.

Taxes 121

Taxes Online Training System 121

PYMNTS

AUGUST 29, 2019

The Australian Taxation Office (ATO) says killing off the paper invoice is critical to promoting corporate compliance and business growth as the nation readies to end its use of physical invoices. billion gap in tax payments, with cash-only businesses leading the tax-dodging behavior.

Compliance 109

Compliance Taxes National Regulation 109

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

Abrigo

MAY 2, 2017

While it sounds great in theory and everyone agrees, just how is this to be accomplished when most of your efforts are currently focused on finding new clients for the seeming financial security of gaining a heap of tax and compliance work? Make more money working fewer hours.

How To 150

How To Taxes Compliance System 150

Abrigo

DECEMBER 7, 2021

If so, how is this monitored? How many accounts and to which countries are they sent? Do you offer services to those without a Tax ID Number (TIN)? If so, how many customers or members? In that case, this could indicate a lack of a strong culture of compliance, which will ultimately lead to further increased risk.

How To 195

How To Fraud Analysis Compliance 195

PYMNTS

NOVEMBER 22, 2019

Wayfair ruling allowed counties, states and municipalities to pass laws to tax out-of-state sellers and the eCommerce marketplaces that serve them, but the ruling did not disclose specifications on what such laws must look like. Governments and businesses have recently been fighting in court over disputes regarding remote seller tax policies.

South Dakota 159

South Dakota Taxes Missouri Compliance 159

Abrigo

NOVEMBER 25, 2014

For some accountants, tax and audit services are attractive for the recurring revenue streams and steady client base they provide. CPAs providing tax services, especially, should find that offering valuation services is an attractive way to not only retain those clients but to also generate new revenue from these existing clients.

Taxes 170

Taxes Guidelines Maine Regional 170

PYMNTS

JANUARY 19, 2021

But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. As the seller of record, we manage the filing, the collection and the remittance of taxes in every jurisdiction.”.

Branding 322

Branding Taxes Fraud Regulation 322

PYMNTS

FEBRUARY 12, 2019

Govindacharya have asked lawmakers in India to call leaders of Google and Facebook to the country to ask them about data privacy and their compliance on tax laws, according to a report from Reuters. The group is asking a parliamentary panel on information technology to investigate the tech giants.

Taxes 108

Taxes Google social media Groups 108

Abrigo

JANUARY 21, 2016

Often the amount of time taken to complete certain advisory services is less than traditional compliance engagements that would yield the same return. With the number of tax returns and amount of compliance work that an average firm provides, it’s difficult for accountants to go beyond their traditional role.

Compliance 150

Compliance Resources Industry Comparison 150

Abrigo

AUGUST 26, 2024

Understanding how to identify these potential CECL risks is essential for ensuring compliance and accuracy in credit loss estimates. I recently discussed appropriate risk and control environments for CECL during an ABA webinar hosted by Mike Gullette, the ABA’s Senior Vice President of Tax and Accounting.

Compliance 195

Compliance Management Regulation Data 195

FICO

JANUARY 23, 2018

Over the last decade, state and federal tax agencies have increasingly adopted predictive analytics. By deploying mathematically-derived predictive models across historical data and current tax filings, they can segment taxpayers into different collection strategies and select some for audit. So what's the next step?

Taxes 51

Taxes Compliance Resources Examples 51

FICO

MARCH 8, 2021

This year the Internal Revenue Service (IRS) will start accepting 2020 tax returns on February 12 , about two weeks later than usual. That’s positive news—because you definitely want to file your tax return as soon as possible, particularly if you’re claiming a refund. How do fraudsters commit tax refund fraud?

Taxes 52

Taxes Fraud Security Cards 52

PYMNTS

SEPTEMBER 5, 2019

Governments rely on tax revenues to fuel the vital services they provide to residents and businesses – from firefighting and public education to water system repair and road maintenance. Retail sales taxes have long been key sources of state governments’ budgets and have been their greatest single stream of revenue since the mid-1900s. .

South Dakota 116

South Dakota Taxes Policies North Dakota 116

PYMNTS

OCTOBER 25, 2019

tax laws, and some businesses and public sector stakeholders are now pushing back. The case ushered in a wave of state- and municipality-issued economic nexus laws that tax remote sellers based on economic activity rather than physical presence. States have long debated how to write these definitions. The 2018 South Dakota v.

Taxes 100

Taxes South Dakota Policies Compliance 100

CFPB Monitor

AUGUST 4, 2016

The CFPB has issued its 2016 Plain Writing Act Compliance Report. It also notes that its small entity compliance guides and other documents intended for use by industry in implementing regulations are “written in plain language appropriate for the intended audience.”

Compliance 60

Compliance Report Regulation Taxes 60

PYMNTS

APRIL 3, 2020

In practice, however, understanding which organizations can benefit most, and how to take the first steps in a seemingly monumental task of shifting from manual to automated AP workflows, can overwhelm any organization. ” From Onboarding to Compliance. A Payments Balancing Act.

Taxes 131

Taxes Compliance Payments Data 131

Abrigo

JUNE 30, 2017

percent provide tax preparation services. percent provide tax preparation services. The difference in consulting and compliance services can be vast when regarding price and staff requirements. CPAs highly skilled in compliance services are not guaranteed to be excellent in providing consultative services. Whereas 77.7

eBook 220

eBook Compliance Taxes United States 220

Bankelele

NOVEMBER 23, 2015

Taxes, are the dues that we pay for the privileges of membership in an organized society – Franklin D. One thing, as sure as death is, you will pay taxes. I posted a Tweet , after getting my Tax Compliance Certificate and I got a few people including Mr. Banks , asking how I went round the process.

Taxes 28

Taxes Compliance System Company 28

CFPB Monitor

SEPTEMBER 2, 2016

” The trade groups note that it was not until last week, on August 26, 2016, that the DoD published in the Federal Register an interpretive rule to provide guidance regarding compliance with the July 2015 final rule. .”

Compliance 79

Compliance Groups Lending FDIC 79

FICO

MAY 27, 2021

These scams are very successful — here’s how they work: 1. How to Fight Back. When the victim follows the link to re-arrange their fake delivery, they are asked for a host of information along with a fee for redelivery. A fraudster will always imitate a company to generate maximum potential to find a victim.

How To 98

How To Fraud Examples Report 98

PYMNTS

AUGUST 6, 2019

“Louisiana represents a special market for MTrac,” said the firm’s Chief Compliance Officer Jason LeBlanc in a statement, who added that MTrac’s payments platform makes Louisiana “the first state in the nation that will not be subjected to the cannabis industry’s all too common ‘cash only’ environment.”.

Louisiana 135

Louisiana Payments Taxes Maine 135

Abrigo

JANUARY 18, 2016

How an electronic tax return reader provides more time for advisory services As accountants and their staff scramble to complete client W-2s and 1099s to meet other deadlines related to the start of tax season, it’s hard to see an end to the crazy schedules.

Taxes 150

Taxes Meeting Analysis Data 150

CFPB Monitor

SEPTEMBER 2, 2016

” The trade groups note that it was not until last week, on August 26, 2016, that the DoD published in the Federal Register an interpretive rule to provide guidance regarding compliance with the July 2015 final rule. .” The request was made in a letter to the CFPB, the Fed, the FDIC, the OCC, and the NCUA (Agencies).

Compliance 60

Compliance Groups Lending FDIC 60

Abrigo

JUNE 10, 2020

LaFontaine failed to take sufficient action when presented with significant AML program deficiencies in the Bank’s SAR-monitoring system and the number of staff to fulfill the AML compliance role by his AMLO [AML Officer],” the document said. If you don’t have compliance from the top down, document it, and look for another job,” she says.

Resources 195

Resources Regulation Compliance Policies 195

CFPB Monitor

AUGUST 3, 2015

The CFPB has issued its 2015 Plain Writing Act Compliance Report.

Compliance 60

Compliance Report Taxes Examples 60

Abrigo

MAY 23, 2017

While some believe the fear mongering is overdone, many firms in the accounting profession are nonetheless seeking to move from the kind of backward-looking compliance work (such as tax preparation and auditing) that is increasingly automated.

eBook 150

eBook Compliance Taxes Study 150

Abrigo

JANUARY 11, 2017

An entrepreneur focuses on solutions the world needs and how he/she can deliver those solutions. As an entrepreneur, your goal is knowing how to deliver value to people. In practical terms, this means you can run a firm and not fully know how to do what your team is delivering.

Taxes 150

Taxes Compliance How To Innovation 150

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. Model management continues to present financial institutions with new compliance obstacles.

Compliance 40

Compliance DC Washington Regulation 40

PYMNTS

FEBRUARY 28, 2020

An entrepreneur who opens a coffee shop or launches a FinTech startup isn’t in business to crunch numbers and file taxes. Yet, the burden of financial management, from tedious data entry to compliance challenges, is a nonnegotiable part of starting a small business (SMB). “In retrospect, it was a big mistake.

Capital 154

Capital Taxes Software Data 154

PYMNTS

MAY 23, 2017

He pointed to Ireland, which successfully shaped tax policy to attract FDI in the market, as well as jurisdictions in Asia that are doing the same. Every country has its own way of working, and the problem is that the devil is in the details,” Gerlis said of the particular tax and other financial rules that vary from market to market.

US 100

US Compliance Taxes Trends 100

Abrigo

MARCH 4, 2020

With more and more states approving the sale of cannabis, either marijuana or hemp, the risks involved with banking this industry has remained at the forefront of compliance officers' minds. NO, TELL ME HOW TO STAY COMPLIANT. CRBs are high risk, cash-intensive accounts. GO FOR THAT FEE INCOME! Are you planning to bank CRBs?

Resources 195

Resources Policies Regulation Taxes 195

PYMNTS

NOVEMBER 16, 2017

For example, Wu said, “When we started to sell furniture, we thought, well, let’s see if people want to buy it, and then we’ll figure out how to ship it.”. Meanwhile, Wu doesn’t have to triple-check his math anymore: All that tax compliance stuff is simply embedded into the system. “We It just took a while to find the right one.

Taxes 115

Taxes Compliance Course Payments 115

Abrigo

DECEMBER 23, 2015

However, CPA’s often dive into accounting work that only meets the compliance requirements. It’s common knowledge that clients need tax returns or financial statements completed and submitted in a timely manner. Somewhere in between the lines of compliance and business advisory service, a disconnect exists.

Compliance 150

Compliance Taxes Resources Management 150

FICO

FEBRUARY 14, 2017

I’m going to explore the impact advanced analytics can have on the current state of regulatory compliance. RBA follows a multi-step approach: After initially assessing any risks (money laundering, tax fraud, etc.), That’s what a compliance officer is looking for. customers are automatically categorized into a risk bucket.

Analytics 40

Analytics Compliance Meeting System 40