PYMNTS

APRIL 10, 2020

TurboTax , the online tax preparation service, has said it is launching a free stimulus registration system to help people who don’t need to file a tax return. Approximately 10 million people in the country don’t have to file taxes, and roughly 80 percent can receive a stimulus check. .

Taxes 216

Taxes Tools Payments Los Angeles 216

PYMNTS

APRIL 22, 2020

IRS figures show that nearly 156 million Americans filed taxes last year, including about 89 percent (138 million) who filed electronically. For example, some users have received frustrating error messages such as: “According to information that we have on file, we cannot determine your eligibility for a payment at this time.

Taxes 326

Taxes Examples Payments Tools 326

PYMNTS

APRIL 16, 2020

The new Get My Payment tool launched on Wednesday (April 15) by the IRS and the Treasury Department is supposed to let people know when they can expect their stimulus check or direct deposit, or allow them to enter direct deposit information so they can get their money faster. . million had added direct deposit information.

Taxes 291

Taxes social media Tools Payments 291

CFPB Monitor

SEPTEMBER 20, 2021

The proposal is purportedly designed as a means to crack down on tax evasion by wealthy taxpayers, but the $600 threshold would reach almost all Americans with a traditional bank account. The Infrastructure Investment and Jobs Act (H.R.

Taxes 148

Taxes CA Report Operations 148

PYMNTS

NOVEMBER 2, 2020

UN Committee Indicates Support For Initiative To Tax Big Tech In Developing Nations. The United Nation’s Tax Committee of Experts has indicated support for an initiative to assist developing nations in taxing Big Tech, Bloomberg Tax reported on Wednesday (Oct. streaming company to pay taxes, Techwire Asia reported.

Taxes 212

Taxes National Regulation Google 212

PYMNTS

APRIL 27, 2020

The key groups who will receive these payments include people who aren’t required to file tax returns, such as those who receive Social Security, Supplemental Security Income (SSI) and veterans’ affairs benefits. In addition, tax filers who have recently provided bank information to the IRS will get the payments.

Taxes 257

Taxes Security Payments Tools 257

PYMNTS

JANUARY 8, 2021

The Treasury Department said it set up a special website for EIP card information. Eligible taxpayers who didn’t receive their payment will need to claim it on their 2020 tax returns, CNBC reported. Some residents are receiving messages that they can only get their checks after filing their 2020 tax returns.

Cards 322

Cards Taxes Payments How To 322

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

APRIL 5, 2020

Online tax preparation service TurboTax has announced that it is rolling out a free, stimulus registration solution to assist people who are not required to file a tax return. who are not required to file taxes, and some 80 percent are eligible for a stimulus check. There are roughly 10 million people in the U.S.

Tools 227

Tools Taxes Payments Online 227

Perficient

DECEMBER 8, 2020

Outfitted with disconnected information systems, a global food and beverage company wanted to implement Cloud Search across its enterprise, connecting file systems, databases, websites, IBM Portal, FileNet, Documentum, SaaS systems, ServiceNow, SharePoint, and more.

Google 493

Google Data Technology System 493

PYMNTS

OCTOBER 19, 2020

The new regulations would also reshape the manner in which these companies collect and harness information. OECD’s Tax Reform To Be Presented To G20. The OECD forecasted that the measures could bring in a further $100 billion in business tax revenues each year. . France Will Proceed With Controversial Digital Services Tax Plan.

Taxes 143

Taxes Compliance Regulation Google 143

PYMNTS

MAY 28, 2020

South Korea is pondering a modification to its tax law which could place taxes on cryptocurrencies. Though not much information is currently available, the new rules could impose restrictions on profitable sales of cryptocurrency and revenues gleaned from national crypto-mining projects, according to Cointelegraph.

Taxes 142

Taxes Bitcoin cryptocurrency blockchain 142

PYMNTS

DECEMBER 23, 2020

The case stems from an earlier order from CFPB based on finding that Discover had been misstating the minimum amounts due on billing statements along with tax info customers needed to help get federal income tax benefits. In addition, CFPB found that Discover had been engaging in illegal debt collection practices.

Taxes 285

Taxes Analysis Payments Report 285

Perficient

FEBRUARY 24, 2021

Do you use Vertex O Series and are looking for more information and guidance than what is included in the Vertex O Series help or documentation? If the videos do not provide you with enough information and you need additional specific assistance or expertise on Vertex O Series, please contact us at Perficient. You may be in luck!

Training 309

Training Resources Video Taxes 309

Perficient

JANUARY 29, 2021

TCA is a centralized repository of Party information. TCA is designed to minimize duplicative party information. Once on Oracle Cloud, the TCA should be your single source of truth for your Party information. Have a meeting with the users of Supplier and Customer information. TCA stands for Trading Community Architecture.

Data 322

Data System Taxes Examples 322

PYMNTS

JANUARY 25, 2021

Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . After Spain’s government levied a new digital tax, Amazon plans to increase fees by 3 percent starting in April for Spanish firms harnessing its platform, Reuters reported. Google Raises Specter of Making Search Inaccessible in Australia.

Taxes 141

Taxes Google Compliance Apple 141

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

PYMNTS

DECEMBER 1, 2019

While a spokesperson for Zenefits told the publication that “Zenefits still has an integration with Gusto for payroll,” reports noted that the integration does not support the ability for small business accountants to onboard new employees, or make changes to existing employees’ bank and tax details, salaries or exemptions.

Security 204

Security Taxes Data Resources 204

Bank Innovation

NOVEMBER 19, 2019

The bank is tapping cloud banking vendor nCino to automatically pull information from tax returns when underwriting commercial loans. Gulf Coast Bank and Trust, a New Orleans-based bank with $1.7 billion in assets, is using automation technology to speed up loan approval times.

Taxes 199

Taxes Operations Management Technology 199

PYMNTS

SEPTEMBER 21, 2020

The GAO did note that the Internal Revenue Service (IRS) implemented several recommendations to make sure people got the payments, including extended deadlines for those who hadn’t filed an income tax return until Sept. However, the GAO still said the IRS had to update the information on how many people hadn’t seen their money yet.

Taxes 228

Taxes Survey Report Payments 228

BankBazaar

JULY 9, 2024

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

Taxes Compliance Regulation System 78

BankBazaar

DECEMBER 2, 2024

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

Taxes Cards Regulation Report 78

PYMNTS

JANUARY 3, 2021

T-Mobile has told some customers of a “security incident” in which a malicious party “may have impacted some of your T-Mobile account information.”. T-Mobile began informing customers of the incident on Dec. That incident, the company stated at the time, involved some of the same information that was compromised in the latest incident.

Mobile 213

Mobile Data Taxes Security 213

PYMNTS

DECEMBER 16, 2020

Indeed, payroll information was key to administering PPP loans to small- to medium-sized businesses (SMBs), and according to Finch Co-Founder and CEO Jeremy Zhang , it won't be the last time payroll data is used to optimize SMB lending. Today, he said he sees three key categories of use cases for this information.

Data 291

Data Lending Innovation Fintech 291

Bank Innovation

SEPTEMBER 10, 2019

Credijusto, a Mexican small business lender, is using data points like tax and invoice information to reach small businesses typically out of reach of large banks.

Taxes 170

Taxes Security Data Innovation Strategies 170

Abrigo

OCTOBER 21, 2024

In an ideal world, banks and credit unions would have perfect information and would know from the outset of any early warning signs that a borrower is experiencing distress. Some early warning signs of problem commercial real estate (CRE) loans include new liens or the failure to deliver required financial information.

Strategy 195

Strategy Management Taxes Meeting 195

Perficient

NOVEMBER 4, 2020

Thinking about that loan package, tax returns and W2s are standard forms with standard layouts that change rarely. With these kinds of documents, we may not know where a piece of information may appear, or even if it is present. Nevertheless, we just want to extract the right information if we do find it.

Training 322

Training Data Tools Examples 322

PYMNTS

JANUARY 25, 2021

In other news, in an attack on Indian cryptocurrency exchange BuyUCoin , hacker group ShinyHunters leaked the private information of over 325,000 users, Inc42 reported. The data leaked included names, email addresses, phone numbers, bank account details and tax ID numbers, the report stated.

Bitcoin 261

Bitcoin cryptocurrency Data National 261

PYMNTS

MAY 6, 2020

The tax services firm has developed a new tool on its website for the unbanked or underbanked, where users can register for one-time payments of their anticipated stimulus checks from the federal government. TurboTax is among the platforms seeking to make it easier for U.S.

Online 222

Online Taxes United States Industry 222

South State Correspondent

MARCH 21, 2023

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects. In 2020, the U.S.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

SEPTEMBER 28, 2020

They also need to collect and verify vendors’ details to comply with anti-crime regulations, adhere to tax reporting requirements and deliver convenient digital payments to these suppliers. Smooth B2B operations depend on robust data gathering, but many companies rely on manual methods to collect information and complete supplier enrollment.

Data 166

Data Management Taxes Meeting 166

Perficient

MARCH 22, 2021

Utilizing a DCP architecture allows you to either completely separate concurrent processing from user UI activity or you could just move some of the taxing concurrent tasks to a separate node, isolating the more intense requests from standard user processing.

How To 309

How To Management System Taxes 309

PYMNTS

MAY 19, 2020

BlockFi suffered a “temporary data breach” on May 14 that exposed some customer information, the company reported in an incident report. And, beyond emails and passcodes, the SSU said per the report that the database had “eWallets of cryptocurrencies” and “PIN codes for bank cards,” among other information.

Data 212

Data Bitcoin cryptocurrency Taxes 212

South State Correspondent

JANUARY 25, 2024

More to this point, because the LAM can understand the complete user interface, it can learn an entire workflow and then reorder it to optimize the collection of information and inputs. If the information is already stored or available in another application, then it will pull it from that application instead of asking the user.

Examples 370

Examples Security User Experience Data 370

PYMNTS

MARCH 4, 2020

At the same time, a surge in third-party financial platforms has disrupted the flow of data into the ERP, disbursing information throughout the back office. For example, he pointed to multinational corporates’ need for tax provisioning and transfer pricing solutions to promote efficiency and compliance across borders.

Data 260

Data Taxes Analytics Management 260

PYMNTS

FEBRUARY 1, 2021

Automatically looping information across various financial platforms — including accounts payable (AP), accounts receivable (AR) and expenses — is critical to achieving a real-time view of cash positions and developing more accurate forecasts. Data integration is climbing to the top of chief financial officers' priority lists.

Strategy 247

Strategy Taxes Management Trends 247

Abrigo

JANUARY 6, 2017

Advances in automation While artificial intelligence and data analytics may provide huge opportunities for audit, tax and client accounting services in the future, a prerequisite to widespread use will be the continued automation of data inputs, according to Asgeirsson. Register here.)

Trends 218

Trends blockchain Taxes Survey 218