Remove Management Remove Taxes Remove Virginia
article thumbnail

When One State’s Tax-Exempt Necessity Is Another’s High-Tax Discretionary Purchase

PYMNTS

Sales taxes empower governments to maintain critical public services, but they can also make medical essentials too expensive for those who need them. Campaigns against taxing obligatory items are spreading across the United States, forcing states to rethink their revenue generation decisions. Sales taxes’ price tags.

Taxes 146
article thumbnail

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. . SSUTA’s Role in South Dakota v.

Taxes 141
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Amazon’s Biggest Campus In The World Opens In India

PYMNTS

Amazon was going to build a huge new headquarters in New York, but eventually decided against it, due to local opposition and despite tax breaks. The company’s next headquarters is being built in Arlington, Virginia. The newest campus is on 9.5 acres and cost “hundreds of millions of dollars,” Amazon said.

Arlington 170
article thumbnail

Fizzle Of The Week: The Cannabis Payments Conundrum

PYMNTS

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
article thumbnail

Credit Karma Now Offers A High-Yield Savings Account

PYMNTS

When we built Credit Karma Savings, we wanted to develop a product that made opening a savings account as easy as possible for our members,” said Jagjit Chawla, general manager of savings and tax for Credit Karma, in a release. We spent the first 12 years focusing on helping Americans manage their debt.

article thumbnail

Higher Learning, Hit By Payments Fraud

PYMNTS

The defendant, Kevin O’Donnell, faces 12 charges in total, stemming from his time as purchasing manager for the university’s housing division — operating apartment buildings, dining halls and residence halls on campus. Under the terms of the compliant, the charges range from theft to forgery to identity theft. The employee, Merlisha A.

Fraud 122
article thumbnail

For faster loan origination, stop doing this

Abrigo

Financial institution staff and management eager to grow the loan portfolio are themselves familiar with the aggravations, bottlenecks, and inefficiencies associated with loan approval processes. Download this infographic to see how construction loan management compares using a spreadsheet-based systems and a software solution.

Lending 221