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

Abrigo

OCTOBER 14, 2014

“Everyone’s going to have their own ways, and from bank to bank they will have different underwriting guidelines and standards. Other common manual errors include double counting income and debt-service and excluding necessary tax forms. At a high level, that’s fine. This could improve consistency across the board.

Risk Management 223

Risk Management Management Taxes Analysis 223

PYMNTS

FEBRUARY 16, 2020

He has recently signaled that he would support Facebook paying higher taxes in Europe. He didn’t say what he would be willing to support and didn’t clarify specifically what rules he envisioned. Next week, Zuckerberg will visit Brussels and speak with the European Union about regulatory issues.

Guidelines 131

Guidelines Regulation How To social media 131

PYMNTS

AUGUST 13, 2018

Tax policy. The move to grab billions of dollars in holdings amid wild speculation has come against a backdrop where tax policy remains unsure. The upshot may be taxes owed, or penalties looming … or both. You can’t tax something – a least not easily – without defining what is being taxed.

Taxes 100

Taxes Policies cryptocurrency Guidelines 100

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

PYMNTS

AUGUST 13, 2018

Tax policy. The move to grab billions of dollars in holdings amid wild speculation has come against a backdrop where tax policy remains unsure. The upshot may be taxes owed, or penalties looming…or both. You can’t tax something – a least not easily – without defining what is being taxed.

Taxes 100

Taxes Policies cryptocurrency Guidelines 100

Abrigo

NOVEMBER 12, 2014

Request and analyze all necessary tax forms. Tax returns and their supporting schedules are vital to performing a global cash flow analysis. K-1 tax forms, for example, are critical to obtain the distributions and contributions applicable to the individual. This can lead to poor loan, pricing and risk rating decisions.

Analysis 186

Analysis Taxes Guidelines Examples 186

PYMNTS

DECEMBER 19, 2019

Cryptocurrency accounting firm Lukka has released a new service that will figure out the taxes on crypto assets, according to a report by CoinDesk. The new service comes on the heels of an announcement by the Internal Revenue Service (IRS) that it was changing the guidelines for how taxes were calculated.

Bitcoin 130

Bitcoin Taxes Guidelines cryptocurrency 130

Abrigo

MAY 12, 2015

One of the more challenging components of tax return analysis is analyzing global cash flow with multiple pass-through entities – especially without double-counting or leaving cash flow out. How many years of tax returns should be used? Keith recommends that you have a guideline with some flexibility.

Guidelines 150

Guidelines Taxes Video How To 150

Abrigo

JUNE 29, 2017

Passive In the webinar, Keith began answering this question by showing a page from a sample 1040 tax form, where she has highlighted the ‘passive’ and ‘non-passive’ sections of the schedule E. Keith points out that for document collection , defer to the guidelines at your institution.

Analysis 150

Analysis Guidelines Taxes Training 150

PYMNTS

FEBRUARY 19, 2020

The summit, according to BloombergTax, will include four 90-minute panels on technology updates, problems with cryptocurrency exchanges, tax return preparation and regulatory guidance and compliance. The summit will include both private sector panelists and government officials sharing their views and engaging with the audience.

Meeting 168

Meeting Groups cryptocurrency Bitcoin 168

PYMNTS

NOVEMBER 16, 2018

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177

Taxes Payments District of Columbia Alabama 177

PYMNTS

SEPTEMBER 16, 2020

and it collects any value-added taxes. . The system spits it out automatically, but it’s something we have to check so that we don’t have businesses earning money on Stashbee fees without doing their taxes properly.” . Stashbee also verifies that any businesses attempting to use its platform are registered in the U.K.,

Taxes 230

Taxes Guidelines Meeting Security 230

South State Correspondent

MAY 30, 2024

We work with well-known national CPA firms that specialize in working with banks specifically to claim their ERC tax rebate. The average tax rebate is approximately $1.5 Instead of just the revenue test, where most CPA firms focus, our approach targets the total or partial suspension of operations aspect of ERC eligibility.

Georgia 195

Georgia Alabama New Jersey Taxes 195

The Paypers

FEBRUARY 5, 2021

The State Agency for Tax Administration of Spain has published guidelines to reduce tax evasion for cryptocurrencies, such as bitcoin, according to news.bitcoin.com.

Guidelines 36

Guidelines Taxes Bitcoin cryptocurrency 36

PYMNTS

NOVEMBER 14, 2018

Reports in Business Insider said Square hopes to streamline SMBs’ employee benefits management by adding health insurance and retirement savings solutions into its payroll service, features that could reduce the tax burden on small firms.

Taxes 128

Taxes Guidelines Conference Survey 128

Abrigo

MAY 11, 2021

An institution can look at their debt-to-income (DTI) ratio, which does not count for living expenses or taxes, or their debt service coverage (DSC) ratio, which is generally the net of their living expenses and taxes. Whichever method they use, it should be the same across the institution so that they can get a factual comparison.

Analysis 195

Analysis Lending Taxes Comparison 195

PYMNTS

AUGUST 2, 2016

The Australian Tax Office has pushed for a nationwide standard of electronic invoices after a private-public council approved of the framework for implementing the guidelines, reports said on Monday (Aug. The Australian government is likely to follow suit by adopting the guidelines that have already been adopted by the retail industry.

Guidelines 100

Guidelines Taxes National Retail 100

PYMNTS

DECEMBER 2, 2019

million tax-exempt groups active in the U.S., These organizations need to demonstrate to donors and community members that donations were spent appropriately to retain tax-exempt statuses and encourage future donations. . There are approximately 1.56 The agency found these nonprofits generated $2.5 trillion in revenues and $2.4

Management 141

Management Taxes Groups Regulation 141

PYMNTS

JUNE 16, 2020

He also recommended that the Financial Stability Oversight Council (FSOC) be charged with “the responsibility to create a framework for regulating cryptocurrencies and developing guidelines for strong protections against money laundering and cybersecurity threats to those marketplaces.”.

US 227

US Cyber Security Security National 227

Abrigo

DECEMBER 17, 2014

Demand for valuation services is growing, according to a recent AICPA survey , with increased opportunities expected in shareholder/partner disputes, contractual disputes, family law, and gift and estate taxes, among other areas. This improves consistency and quality control as you perform valuations in compliance with AICPA guidelines.

Analysis 207

Analysis Survey Compliance Guidelines 207

Abrigo

OCTOBER 13, 2015

Not requesting all the necessary tax forms or financial statements. This error can be mitigated by ensuring the loan policy includes guidelines for when which documents are to be collected. For less complex loans, institutions may be satisfied with tax returns from the borrower and principal and personal financial statements.

Analysis 150

Analysis Taxes Policies Guidelines 150

Abrigo

MAY 1, 2020

or who received annualized pay of more than $100,000 during any period in 2019; state and local employer taxes assessed on an employee’s compensation (i.e., State Unemployment Tax Act, or SUTA) during the eight-week covered period Employee counts : The average number of FTEs per month for both the eight-week period and either a) Feb.

Taxes 195

Taxes Lending Payments Report 195

Abrigo

DECEMBER 9, 2014

Note, the list isn’t exhaustive but is meant to highlight some important talking points: • Identify which source documents are required from the borrower and what time period they should cover (consider both recency and duration) • Specify what quality of borrower data (audited, compiled, tax returns, etc.)

Training 170

Training Policies Analysis Community Bank 170

PYMNTS

MAY 14, 2018

Financial institutions (FIs) that service the industry, she recently told PYMNTS, “don’t have the compliance people, processes or automated tools in place to meet the required guidelines — and are unknowingly putting their clients at risk.”. The guidelines are rigorous and expensive to adhere to,” she said. policymakers in 2014.

Compliance 130

Compliance Guidelines Industry Taxes 130

PYMNTS

NOVEMBER 5, 2018

It did so because apps like Netflix were avoiding signing up subscribers through the App Store to evade the Apple tax. Apple figured it was better to cut the ongoing tax to get subscription plays on board. The Apple Tax Man Cometh. Like, it needs to figure out a way to tax all of the other apps in the App Store.

Apple 174

Apple Taxes Mobile Google 174

PYMNTS

JULY 6, 2020

It inspired 2019 laws that govern the industry in 10 states and set guidelines such as how digital casinos can run or how sports betting would be taxed. The health crisis came in a year that was already set to be a pivotal one for the industry. In 2018, a U.S. Supreme Court decision allowed sports betting.

Online 142

Online Guidelines Comparison Taxes 142

Perficient

JANUARY 7, 2021

They had to change the way they operate with new social distancing guidelines. What about the tax incentives and credits? No one knew what to make of it. At the same time, dealers were closing their doors temporarily to help reduce the spread. There are also some other things that should be communicated to consumers.

Marketing 309

Marketing Industry Mobile Data 309

PYMNTS

NOVEMBER 7, 2019

Consumers around the world log in to eBay with their Facebook profiles, purchase lunches with Apple Pay and in some cases pay their taxes or register to vote with government-provided digital identities. Proposed ethical guidelines. as a guideline. Ethical problems facing digital ID.

System 131

System Guidelines National Online 131

PYMNTS

MAY 8, 2020

Supreme Court decision allowed sports betting in 2018 and inspired 2019 laws that govern the fledging industry in 10 states and set guidelines such as how online casinos can operate and how sports betting would be taxed. Pennsylvania reported similar figures, with tax revenues from brick-and-mortar gambling declining to $50.5

Online 176

Online Industry New Jersey Pennsylvania 176

Abrigo

OCTOBER 6, 2015

One factor that makes onboarding and training new business valuation team members a little different their tax preparer counterparts is that conducting valuations can be equal parts art and science. Set up junior team members with guidelines, a list of key client documents, and a tutorial in financials.

Training 150

Training social media Guidelines Data 150

PYMNTS

MARCH 15, 2017

Naturally, investors are taking notice — though marijuana is still classified as a Schedule I narcotic by federal guidelines, and regulations in states where cannabis is legal can get complicated. billion in state tax revenue from retail sales by 2020. and Canada. percent loss in revenues in the retail beer space.

District of Columbia 101

District of Columbia Technology Guidelines Software 101

Abrigo

JUNE 14, 2017

Furthermore, if guidelines change, software providers are able to update the formulas accordingly without involvement by the valuation professional’s IT department. Another challenge for valuation professionals that can be addressed by technology is the need to comply with professional standards , such as the AICPA’s SSVS No.

eBook 150

eBook Software Guidelines Technology 150

Independent Banker

FEBRUARY 28, 2022

This year’s agenda will include critical issues such as: pushing back against indiscriminate tax increases, IRS reporting mandates, and unfair credit union and Farm Credit System competition. We are taking appropriate safety measures and following all federal and local guidelines. Learn more and register to attend today.

Community 180

Community Washington Community Bank Capital 180

PYMNTS

OCTOBER 29, 2018

Beyond mileage, there are other costs involved that factor into consideration over personal vehicles being deployed during work, such as registration, taxes and insurance. She noted that IRS guidelines cover fixed and variable rate reimbursements , as tied to mileage reimbursement plans.

Illinois 163

Illinois Technology Data Taxes 163

PYMNTS

OCTOBER 8, 2019

The company is now collaborating with city and municipality officials to introduce a solution that enables industry companies to pay their taxes electronically, too. A Shifting Regulatory Landscape. “A bank should only serve this industry if they’re willing to really bulk up on their compliance and oversight,” he said.

Compliance 114

Compliance Guidelines Industry Taxes 114

PYMNTS

AUGUST 12, 2019

Tax cuts and fee reductions have so far had little success. The China Banking and Insurance Regulatory Commission (CBIRC) released new guidelines in March aimed at getting banks to increase lending to small businesses. Economic growth in the second quarter dropped to its lowest number in 20 years, the news outlet said.

Lending 100

Lending Guidelines Taxes Capital 100