Remove Fraud Remove Taxes Remove Tennessee
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What The Streamlined Sales And Use Tax Agreement Means After Wayfair

PYMNTS

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Even businesses eager to pay their share, however, may feel that complying with tax laws is complicated. .

Taxes 141
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US Local Governments And The Slow Death Of The Check

PYMNTS

State agencies handle disbursements for property refunds, public programs, taxes and more, and many are still clinging to paper checks as part of their processes, even as they adopt ACH or direct debit payments. The same is true for business entities on other tax programs. Erroneous assumptions cause checks to linger .

Oregon 131
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Walmart Curbs Opiate Prescriptions

PYMNTS

The decision is intended to both prevent fraud and reduce errors, the retailer said. The crime cuts into state sales tax revenue, too, with Tennessee losing more than $14 million each year to return fraud. Walmart has also announced it will require e-prescriptions starting in 2020 for all controlled substances.

Tennessee 101
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State And Local Governments Wrestle With Faster Payments

PYMNTS

Likewise, the Tennessee Department of Revenue is looking into real-time payments as a means of disbursing government funds. More states are starting to use recurring digital payments as the means by which tax refunds and other government monies are paid out. Illinois printed and mailed $1.3

Payments 130
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Here’s How The Opioid Crisis Is Losing Retailers $9B A Year

PYMNTS

Booth has been arrested twice for retail return fraud related to gift cards and is now in recovery from heroin and oxycodone addiction at Gateway with Smith. In addition, the crime cuts into state sales tax revenue: Tennessee loses more than $14 million a year to return fraud. Kristin Booth, 23, agreed with her.

Retail 105
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11 Lessons From Startup Chapter 11s

CB Insights

Accusations of fraud and mismanagement, and criticisms of the government’s decision to invest in Solyndra, were rampant in the days following news of Solyndra’s impending bankruptcy proceedings — but the core mistake here involved ignorance of a key aspect of Solyndra’s business. Founded: 2013. Declared Bankruptcy: 2016.

Apple 78
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Fantasy Sports Get A Legal Go-Ahead In New York State

PYMNTS

Indiana, Virginia, Tennessee, Mississippi, Missouri and Colorado have all affirmed daily sports betting as a legal alternative, but other states have seen the issue differently. The state’s casinos, incidentally, are avid opponents of the bill, on the grounds it pushes a “massive expansion of gambling.”

New York 101