PYMNTS

FEBRUARY 26, 2019

to allow businesses to pay their corporate taxes in bitcoin. During the first tax season in which crypto payments were an option for Ohio companies, only two businesses in the state actually used cryptocurrency to do so. According to Good Audience , hundreds of thousands of retailers currently accept cryptocurrency.

Taxes 145

Taxes Ohio cryptocurrency Payments 145

PYMNTS

APRIL 10, 2020

Cities are starting to supplement the federal government in an effort to save Main Street businesses from the destructive economic effects of the COVID-19 pandemic. For example, Seattle announced that it will allow eligible businesses to defer business and occupation taxes and expand its Small Business Stabilization Fund.

Maine 141

Maine Seattle San Francisco New York City 141

BankBazaar

MAY 23, 2020

A notice from the Income Tax department can be quite unnerving. Have you ever thought why the Income Tax Department sends out tax notices? These are crucial if you really want to understand everything about tax returns. These are crucial if you really want to understand everything about tax returns. Don’t worry!

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PYMNTS

JUNE 22, 2020

And second, the Opportunity Fund has also seen that every dollar it lends to an SMB creates $2 in local economic activity in the form of wages, spending and tax revenues. First, for every dollar someone invests in a small business, 50 percent to 60 percent of that stays in the local community, Urrutia said.

Maine 246

Maine Lending Community Fintech 246

PYMNTS

OCTOBER 24, 2019

Wayfair ruling gave states and cities permission to tax remote sellers and online marketplaces based on their economic participation in the state, regardless of whether they had physical presences. Online retailers aren’t sitting still when faced with new taxes — and some are even fighting back in court.

Taxes 101

Taxes San Jose Kansas South Dakota 101

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

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PYMNTS

JUNE 22, 2018

Supreme Court opened the door to state collection of sales taxes for eCommerce purchases, questions swirled about software, Congressional action, marketplace sellers and how consumers would react. Speculation about hassles caused by a lack of tax-calculating software is a “nonissue,” he added. A day after the U.S.

Taxes 114

Taxes Online South Dakota Retail 114

PYMNTS

APRIL 14, 2018

Tax Day for Americans is here, or at least it will be on Tuesday, April 17. This year is a bit of an unusual year as far as taxes are concerned, since April 15 actually falls on a Sunday. Back then, taxes weren’t due on April 15. Tax season used to be a month and a half shorter.

Taxes 103

Taxes Bitcoin cryptocurrency Capital 103

PYMNTS

JUNE 19, 2018

Kenya’s biggest mobile phone operator, Safaricom , is against a proposed tax rise on mobile phone-based cash transfers. But Safaricom’s CFO Sateesh Kamath said the tax hike would only serve to discourage the drive towards modern payments systems. The proposed tax increases also included a new “Robin Hood” tax of 0.05

Taxes 100

Taxes Mobile Maine National 100

BankUnderground

OCTOBER 23, 2024

These policies, which include subsidies for green production or investment, carbon taxes, and cap and trade schemes , are crucial for guiding the transition to a greener economy. We examine two major types of policies currently implemented and discussed worldwide: green subsidies and carbon taxes.

Policies 108

Policies Taxes Resources US 108

CB Insights

NOVEMBER 15, 2021

Zenwork , a digital tax compliance and regulatory reporting technology provider , has raised $163M in growth equity funding from Spectrum Equity. Arkansas-based Zenwork, formerly known as Tech Atlantis, is a RegTech firm that helps companies automate their tax reporting processes. HOW’S THE COMPANY PERFORMING? Want the full post?

Taxes 54

Taxes Compliance Technology Report 54

PYMNTS

JULY 1, 2020

billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. The company said that asset sale gains for Q1 2020 came out to $16 million before tax, or $12 million after tax. Macy’s Inc. recognized a $3.1

Taxes 232

Taxes Retail Maine Regional 232

PYMNTS

APRIL 4, 2018

How Smarter Payments are Enabling Instant Tax Refunds. Approximately 15 million tax filers begin the process of getting a refund in January. But while the early bird gets the worm, early tax filers are forced to wait months to gain access to their tax refunds.

Taxes 100

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PYMNTS

MARCH 29, 2020

Erica York, an economist with the Tax Foundation, said there could be potential for experimental thinking outside the box when it comes to people who don’t have normal bank accounts.

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Taxes Maine Strategy Payments 243

Perficient

JUNE 30, 2022

Ryan Salame, the co-CEO of FTX, said the campus could serve as a bellwether for similar crypto companies looking to take advantage of the island country’s favorable tax and regulatory frameworks. The paper also lays out plans to expand the resources of the Securities Commission of The Bahamas to bolster its role as the main crypto regulator.

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cryptocurrency Regulation Conference Taxes 472

PYMNTS

MAY 19, 2020

Ontario Systems aims to sell RevQ+ software on the market, which works with managing the collection of fees for court-ordered debt payment, income taxes and property tax. SwervePay, meanwhile, offers text payments and automated balance messages on top of its main services for electronic payments.

System 239

System Payments Taxes Software 239

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

MARCH 26, 2019

who are facing a tax charge they have been avoiding for 20 years, according to a report by the Financial Times. The HMRC said an estimated 50,000 contractors took advantage of loan-based tax dodging maneuvers it refers to as “disguised remuneration.” In most cases loans were not disclosed, and in other cases disclosure was partial.

Policies 124

Policies Taxes Maine Compliance 124

PYMNTS

FEBRUARY 27, 2019

27) recommending that the EU create a police unit dedicated to the investigation of tax and financial crimes, as well as a watchdog organization to fight money-laundering, according to a report by Reuters. Europe has a serious money-laundering and tax fraud problem,” said Danish lawmaker Jeppe Kofod, who helped draft the report.

Report 152

Report Taxes Maine Regional 152

South State Correspondent

NOVEMBER 14, 2024

Banks that can identify specialty accounts for items like healthcare, home improvement, charitable giving, or education may want to provide tax reporting to help customers better track their tax position. Unsurprisingly, the less payment friction introduced, the more money will flow in and out of the account.

Payments 195

Payments Study Survey Data 195

PYMNTS

AUGUST 21, 2020

Publishers’ Letter Spotlights ‘Apple Tax’ – and Digital News Delivery. The Main Street Rescue That Wasn’t (And Still Isn’t). The Main Street Lending Program is not exactly lighting a fire under mid-sized businesses to apply or banks to lend. Even some overseers blast the program as a “failure.”

cryptocurrency 159

cryptocurrency Maine Boston Analytics 159

BankBazaar

JANUARY 31, 2020

To this end, the government proposed a slew of changes and incentives among which was a major tax rejig. Let’s take a look at the major highlights of Union Budget 2020: The budget had three main themes: Aspirational India. The FM said that GST has integrated the economy and consolidated multiple taxes. Tax Changes.

Taxes 146

Taxes Policies Maine Regional 146

PYMNTS

JULY 15, 2020

The plan is broken down into several main areas that Congress can focus on to help provide aid to the sector, which has been badly damaged by the pandemic as dining rooms were forced to close. Also, the association recommends establishing a stable link for the country’s food supply chain from farm to table.

Industry 170

Industry Taxes National Community 170

Perficient

NOVEMBER 30, 2021

As always, the regulators’ main concern was to promote safety and soundness, consumer protection, and compliance with applicable laws and regulations, including anti-money laundering (AML) and illicit finance statutes and rules. Ancillary custody services.

cryptocurrency 309

cryptocurrency Regulation Policies Compliance 309

PYMNTS

JUNE 12, 2020

It also comes with advanced reporting, which offers personalized reports that are tailored to different sectors, and advanced inventory that has a main dashboard control order fulfillment. And assisted payroll helps with the handling of wages as well as the filing of payroll taxes.

Report 141

Report Taxes Comparison Online 141

PYMNTS

JULY 15, 2019

The main take-home message from the 2016–17 census is that having adequate resources to actively look for fraud, to encourage fraud prevention and to have trained investigators will allow entities to have a greater understanding of where their fraud risks lie and how they may counter those risks,” added the commentary. Grayson Jr.,

Fraud 109

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PYMNTS

FEBRUARY 20, 2020

Laura Ashley shares have recovered in the aftermath of an agreement finally reached between its main shareholder and leading creditor, The Financial Times reported. The company trades on the London Stock Exchange’s main board in spite of its small stature. The agreement should help the struggling U.K. home and fashion-ware retailer.

Maine 130

Maine Taxes Retail Groups 130

TheGuardian

NOVEMBER 10, 2022

Financial ‘de-risking’ is making life difficult in vulnerable regions and will lead to more corruption and tax evasion Mia Mottley, once again, this time at Cop27 , chastised the west for being the main culprits in the climate crisis.

Taxes 75

Taxes Maine Regional National 75

PYMNTS

APRIL 9, 2020

government has made additional changes to help both businesses and consumers deal with the strains of COVID-19, by extending the deadline to file taxes to July 15. Fraudsters are moving in to take advantage of tax confusion and consumer stress, however. and other countries, despite its slow adoption by businesses.

Taxes 178

Taxes Mobile Fraud United States 178

BankUnderground

NOVEMBER 8, 2023

In a new working paper , we show that cap-and-trade schemes lead to lower volatility in GDP and financial variables, and result in reduced welfare costs of the business cycle , when compared to the more widely known carbon taxes. We find that a cap-and-trade system keeps the economy significantly more stable.

Policies 79

Policies Regulation Taxes Compliance 79

South State Correspondent

JANUARY 20, 2015

When rates rise there are two main offsetting effects on the value of bank’s loans. Taxes are another area that, depending on industry, can be positively correlated to a rise in interest rates.' On one hand, rising rates usually mean an improvement of both the general economy and of a particular sector.

Taxes 150

Taxes Maine Examples Industry 150

PYMNTS

SEPTEMBER 17, 2019

million times last year for offenses such as unpaid taxes and fines. million times from purchasing train tickets, and 128 people were blocked from leaving the country because of unpaid taxes. The list goes on and on – and the main complaint about how social credit exists in the U.S., Consumers were also barred 5.5

social media 220

social media System Maine Taxes 220

Chris Skinner

JULY 4, 2017

In the 2007 ranking, UK banks collectively made $17.3bn in pre-tax profits, a 32% fall on the previous year, and approximately a quarter of what they made before the financial crisis. I’ve written a column for The Banker magazine for the last 15 years and, during that time, have collected their special July edition each year.

Metro 403

Metro Capital Taxes Maine 403

PYMNTS

AUGUST 6, 2019

According to MTrac, its payments platform was developed in cooperation with “the main bank in Louisiana” that plans to provide bank account services to the state’s marijuana-related businesses. The platform will go live the same day the state’s legal medical marijuana market goes live, Tuesday (Aug.

Louisiana 135

Louisiana Payments Taxes Maine 135

BankUnderground

OCTOBER 26, 2021

This is done by ensuring money is produced according to the strictest standards and avoiding manipulating it to the king’s benefit ( inflation tax ). The French crown successfully engaged in repeated episodes of inflation-tax financing of wars ( Sussman and Zeira (2003) ). Lesson from the Medieval French monetary experience.

Policies 133

Policies Taxes Maine National 133

PYMNTS

AUGUST 9, 2020

There will also be receipt managing sub-accounts for tax purposes, and other such perks. Challenger bank Agora Services wants to address challenges with banking for small businesses with a new solution called Agora SMB, which will help them compete with bigger banks, a press release says.

Tools 168

Tools Community Bank Community Taxes 168

Independent Banker

MAY 25, 2016

Tax credits for Main Street lending. Meanwhile, for many years other community banks that are agricultural lenders have found themselves similarly competing directly against increasingly aggressively tax-subsidized Farm Credit System institutions. Chuck Johnston. By Chuck Johnston.

Community Bank 70

Community Bank Taxes Lending Maine 70