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

PYMNTS

SEPTEMBER 27, 2019

Countries around the globe are launching new digital sales taxes in efforts to improve their revenue streams and create more balanced business environments for domestic brick-and-mortars and foreign eCommerce marketplaces. Around the Next-Gen Sales Tax world. in response, threatened a variety of retaliatory taxes.

Taxes 109

Taxes Trends Policies Compliance 109

PYMNTS

JANUARY 16, 2019

Human resources (HR) management company iSolved HCM , based in the U.S., However, the company has been investing more into its cloud operations as of late. Small business (SMB) cloud solutions provider Sage is refocusing away from payroll as it divested its U.S. assets for $100.3 million, Reuters reported on Tuesday (Jan. posted a $1.28

Operations 134

Operations US Taxes Resources 134

PYMNTS

JANUARY 19, 2021

But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. As the seller of record, we manage the filing, the collection and the remittance of taxes in every jurisdiction.”.

Branding 322

Branding Taxes Fraud Regulation 322

PYMNTS

FEBRUARY 20, 2020

Enterprise resource planning (ERP) and enterprise performance management (EPM) company insightsoftware has announced its acquisition of financial planning and tax software provider Longview, according to a Thursday (Feb. We can now offer our clients more of the financial and tax solutions they need, all from a single provider.”.

Taxes 130

Taxes Resources Samsung Software 130

South State Correspondent

JUNE 30, 2023

Service (a scarce resource) must be directed at its highest return. This is where understanding relationship pricing and profitability help allocate resources. Banks can then calculate SVA by subtracting their cost of capital from net operating profit after tax for each client.

Resources 195

Resources Community Bank Capital Community 195

South State Correspondent

MARCH 30, 2022

We feel that banks must measure profitability at the customer, product, branch, region, or manager level so that management may properly allocate resources (superior service) to drive institutional profitability. Service (a scarce resource) must be directed at its highest return.

Community Bank 195

Community Bank Resources Community Regional 195

FICO

JANUARY 23, 2018

Over the last decade, state and federal tax agencies have increasingly adopted predictive analytics. By deploying mathematically-derived predictive models across historical data and current tax filings, they can segment taxpayers into different collection strategies and select some for audit. So what's the next step?

Taxes 51

Taxes Compliance Resources Examples 51

Perficient

MARCH 22, 2021

Many of these processes have a voracious appetite for CPU and memory resources, which can bring a typical well-configured application tier server to its knees during peak operating times. DCP spreads the Oracle EBS Concurrent Manager activities across multiple application tier nodes.

How To 309

How To Management System Taxes 309

Jeff For Banks

NOVEMBER 4, 2022

Even though they pay no federal corporate income taxes? For those that are not shareholder owned or are privately held, implement cultural operating discipline so you have the resources to be relevant, even important to the other stakeholders. Twenty-seven basis points YTD inferior. YTD the Bank-SB expense ratio was 2.27%.

Operations 78

Operations Analysis Capital Community 78

PYMNTS

JANUARY 7, 2020

OneConnect used Guangdong’s “digital government” tech resources, as well as its own blockchain tech, AI and Big Data, to create the platform — which has access to data in 213 categories from 26 departments of government, and has connected with 129 financial institutions in the China province.

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

DECEMBER 15, 2020

The group’s cash resources and current bank facilities are funding the cash consideration. Also, the Mersho Brothers, who operate Shoe Palace, have been issued equity in Genesis so that they will have 20 percent ownership of the enlarged group in the U.S. Shoe Palace provided a $52 million pre-tax profit in the year ending Dec.

California 220

California Hawaii Arkansas Nevada 220

PYMNTS

MAY 3, 2016

This is proving particularly true for more and more cash-strapped states that have spent years staring at soaring traffic for online retailers but little — if any — increases in the taxes reaped from this digital, transcontinental economy. Fields, chair of Morrison & Foerster LLP’s state and local tax group, told Bloomberg BNA.

South Dakota 100

South Dakota Taxes Online North Dakota 100

PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. The benefits of using digital B2B payments solutions extend far beyond their ability to support a decentralized workforce. RLJ Financial On Managing B2B Spend With Virtual Cards.

Management 268

Management Cards Company Innovation 268

PYMNTS

DECEMBER 2, 2019

Nonprofit organizations are responsible for providing multiple community services, including access to shelters, clothing, food and clean water, as well as educational and mental health resources. million tax-exempt groups active in the U.S., There are approximately 1.56 Spend Control Challenges And Solutions.

Management 141

Management Taxes Groups Regulation 141

Abrigo

OCTOBER 21, 2024

However, given recent industry and employment trends as well as limited resources, the workout/restructure of the problem loan could be managed by the same individual or group that originated the loan. 3) Review all the loan documentation and compare operative legal documents with what was approved in the credit package or any amendments.

Strategy 195

Strategy Management Taxes Meeting 195

PYMNTS

FEBRUARY 21, 2018

Larger operators have leverage. Thus, cost control — and visibility on margins — tends to lean toward those operators who have critical mass and scale. Thus, cost control — and visibility on margins — tends to lean toward those operators who have critical mass and scale. and efforts to level the playing field a bit.

Operations 100

Operations Cards Management Taxes 100

PYMNTS

MAY 6, 2020

The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. TurboTax is among the platforms seeking to make it easier for U.S. About the Tracker.

Online 222

Online Taxes United States Industry 222

PYMNTS

MARCH 3, 2020

Uber said that it has sold its food delivery operation in India to Zomato , a local competitor, for $206 million, according to TechCrunch. That also encompassed “reimbursement of goods and services tax receivable from Zomato” of $35 million. The companies, however, are grappling with a trail to profitability in the country.

Taxes 159

Taxes Operations Resources Capital 159

Abrigo

JUNE 10, 2020

The former Chief Operational Risk Officer was fined for insufficient action on AML program deficiencies and staffing issues. Adequately staffed and risk-focused AML resources with good documentation are critical. Adequate, risk-focused AML resources are critical. Get adequate resources. Focus BSA/AML resources on risk.

Resources 195

Resources Regulation Compliance Policies 195

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. But the ERP of today doesn’t look like it used to.

Data 260

Data Taxes Analytics Management 260

PYMNTS

MARCH 9, 2020

billion, prior to taxes and other charges. South Korea and Japan, and also relinquished some control of its Chinese operations as of 2011. In February, news surfaced that Tesco had finished its exit from China with the $357 million sale of its joint venture portion to China Resources Holdings (CRH), a state-run partner.

Groups 130

Groups Taxes Resources Operations 130

PYMNTS

NOVEMBER 5, 2019

The partnership is designed to help Priority Technology extend its services portfolio beyond payments to include marketing, email, tech support and tax services to their 190,000 businesses. Company.com was launched in 2008 to offer businesses a one-stop solution to find trustworthy, vetted resources.

Technology 109

Technology Payments Resources Meeting 109

Ublocal

JUNE 5, 2023

Below is a list of the core requirements: Must be an operating business, organized for profit Located in the U.S. and primarily operating in the U.S. Pay taxes to the U.S. If requested, you’ll also need to provide your personal tax returns from the past three years. Sole proprietors can provide their Schedule C.

New Hampshire 98

New Hampshire Vermont Resources Taxes 98

Abrigo

JANUARY 7, 2021

Relevant tax forms, quarterly financial statements, or bank statements are acceptable documentation. All other items, such as subcontractor costs, reimbursements for purchases a contractor makes at a customer's request, investment income, and employee-based costs such as payroll taxes, may not be excluded from gross receipts. .

Taxes 195

Taxes Lending Connecticut Capital 195

PYMNTS

APRIL 9, 2020

Small- to mid-sized businesses (SMBs) have been hit especially hit by COVID-19, as they reel from shrinking budgets and rising costs to stay in operation. 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. About the Tracker.

Taxes 178

Taxes Mobile Fraud United States 178

Abrigo

FEBRUARY 10, 2021

Takeaway 1 To make their land more profitable, farmers are taking advantage of renewable energy resources. To make their land more profitable and resilient, many farmers and ranchers are taking advantage of renewable energy resources, such as solar and wind generation. Diversification through renewable energy. keep me informed.

Lending 195

Lending West Virginia Resources Operations 195

South State Correspondent

NOVEMBER 29, 2023

Most national and regional banks allocate marketing resources to recently acquired customers to get them to build deposit balances and purchase other products, while most community banks do not. Many banks fall into the “recency trap.” ” This article explores the recency trap and discusses how to prevent it.

Marketing 195

Marketing Regional National Nashville 195

Abrigo

JULY 15, 2015

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice. The advantage of working capital is obvious to some degree.

Management 150

Management Resources Capital Taxes 150

Jeff For Banks

APRIL 30, 2022

In a world of limited resources, which should you dedicate resources to pursue? The much sought after "operating account." The charts below show the pre-tax profits as a percent of the total product portfolio during different rate scenarios compared to the Fed Funds Rate. The pre-tax ROA might not look great.

Lending 78

Lending Massachusetts Taxes Community Bank 78

PYMNTS

OCTOBER 10, 2018

Patent and Trademark Office last week, describes how a semi-private or private blockchain could be used to receive and store identity data, including a “name, a street address, tax identification number” and more. This isn’t the first blockchain-related patent that Mastercard has recently filed.

blockchain 197

blockchain Data Taxes Resources 197

PYMNTS

MARCH 19, 2020

Migrating the accounting function to the cloud can offer a slew of benefits for small businesses, thanks to the flexibility of software to operate across platforms. The reduction of manual workloads is among the largest benefits for small business owners who lack the resources and extra staff to key in data and crunch numbers.

Software 155

Software Data Resources Taxes 155

PYMNTS

SEPTEMBER 12, 2019

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines. resources. A team of analysts can only handle so many potential fraud cases at a time, after all. .

Fraud 189

Fraud Fintech Compliance Regulation 189

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. These firms acquire capital by pooling their financial resources and taking loans from banks.

Policies 79

Policies Regulation Taxes Compliance 79

Abrigo

AUGUST 26, 2024

I recently discussed appropriate risk and control environments for CECL during an ABA webinar hosted by Mike Gullette, the ABA’s Senior Vice President of Tax and Accounting. Assess desired precision versus available resources (staff, investments, etc.). Robust risk assessments are crucial for model oversight and governance.

Compliance 195

Compliance Management Regulation Data 195

PYMNTS

JULY 23, 2020

By using the new solution, companies will be able to scale operations to offer automated invoicing and reconciliation, global tax and regulatory compliance and better fraud controls, the release stated. “GEP’s AP Automation solution is not an upgrade of a legacy system.

User Experience 140

User Experience Fraud Taxes Resources 140

Abrigo

APRIL 13, 2017

Business owners don’t have to imagine the stress that this kind of tight situation can add to operating a business. The Definitive Guide to Improving Cash Flow explains how to identify areas where poor cash flow impacts the operations and growth of the business so the benefits of improving cash flow are clear and can inspire change.

eBook 170

eBook Analysis Resources Taxes 170