PYMNTS

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. States can now tax sales by companies that do not have a physical presence within the state. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces.

Taxes 129

Taxes Online South Dakota Louisiana 129

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

JUNE 10, 2020

Beyond the challenges of the pandemic that is forcing businesses to grapple with all manner of operating challenges, tax complexity has been building over the years on a global stage — and it’s only going to increase. When we surveyed our customers, we saw that close to 70 percent were looking to make the transition in the next 12 months.

Taxes 131

Taxes South Dakota Software Compliance 131

South State Correspondent

NOVEMBER 14, 2024

A Federal Reserve survey from last year found that 86% of businesses and 74% of consumers want faster or instant payments. But those are surveys. Two: Customers Have More Than One Account and Will Use Instant Payments To Transfer Funds A 2019 survey by the Mercator Advisory Group showed that the American depositor has an average of 5.3

Payments 195

Payments Study Survey Data 195

Abrigo

OCTOBER 21, 2024

List the items needed in writing (current financials, aging schedules, rent rolls, interim statements, missing tax returns, guarantor personal financial statements/tax returns). Reiterate the need for any missing or needed financial information. 2) Determine if the collateral is perfected (e.g.,

Strategy 195

Strategy Management Taxes Meeting 195

PYMNTS

FEBRUARY 27, 2018

this year, driven largely by tax reform. 26), which found that nearly three-quarters of surveyed advisors and brokers predict sales of SMBs in the country to increase this year. With the corporate tax rate dropping to 21 percent and the repatriation of overseas capital, companies will have more capital to allocate to acquisitions.

Taxes 109

Taxes Capital Survey Analysis 109

PYMNTS

OCTOBER 28, 2019

Wayfair case that allowed states and individual cities to launch tax policies aimed at remote sellers and marketplaces is still reverberating in 2019 and will likely affect online retail in 2020. In Q3 2019, 14 states started collected online sales tax and 11 more followed in October. eBay Makes a Deal. Don’t cry for eBay, though.

Taxes 102

Taxes Online San Jose South Carolina 102

PYMNTS

JANUARY 16, 2019

The CBA said it will look to include smaller and mid-sized banks on the platform, with eventual additions of tax agencies and customs activities to the platform. Separately, the South Korean government has been eyeing tax breaks for blockchain in a move that looks to bring innovation to the region.

blockchain 206

blockchain Taxes Security Survey 206

PYMNTS

OCTOBER 1, 2020

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. The study surveyed more than 5,000 U.S. 1: Instant disbursements as a percentage of all non-tax disbursements in the U.S. Fast Fact No. are growing — but slowly.

Trends 306

Trends Study Taxes Payments 306

Abrigo

JANUARY 6, 2017

“We’re seeing broad pickup in cloud services and other emerging technologies,” Asgeirsson said in a recent news release describing results from a recent survey by CPA.com and the AICPA’s Private Companies Practice Section. Some 90 percent of respondents in the Future of the Cloud Computing Survey reported they use the cloud in some way.

Trends 218

Trends blockchain Taxes Survey 218

PYMNTS

JULY 26, 2018

The American Institute of Certified Public Accountants (AICPA) submitted recommendations to policymakers this week, urging clarity and simplification in how the Tax Cuts and Jobs Act impacts small business (SMBs) accounting rules. The letter outlined eight recommendations for the Tax Cuts and Jobs Act.

Taxes 100

Taxes Capital Survey Compliance 100

PYMNTS

DECEMBER 22, 2020

Chief financial officers (CFOs) taking part in The CFO Survey by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta are "reasonably optimistic about 2021," one of the study's leaders said in a news release. The CFO Survey data was gathered Nov. 30 through Dec.

Survey 181

Survey Data Policies Atlanta 181

PYMNTS

AUGUST 12, 2020

As PYMNTS has detailed though an ongoing series of consumer surveys, the shift to digital commerce is becoming ever more pronounced. In just a few examples: More than 42 percent of consumers surveyed are engaging in retail shopping via the web as of the end of May, up markedly from the 12.3 percent seen in March.

Taxes 276

Taxes Survey Online Tools 276

Abrigo

OCTOBER 9, 2014

We can find answers in the August Bank Director’s 2014 Growth Strategy Survey , which asked executives from banks of all sizes across the United States about their growth strategies for the next 12 months. Source: 2014 Growth Strategy Survey. Source: 2014 Growth Strategy Survey. Source: 2014 Growth Strategy Survey.

Community Bank 236

Community Bank Strategy Community Survey 236

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

Abrigo

FEBRUARY 27, 2020

Abrigo's Business Lending Readiness Survey found many processes stymie those efforts. Abrigo’s 2020 Business Lending Readiness Survey found many bankers are dealing with processes that stymie those efforts. Survey: Repetitive data entry common. Another 9% of respondents said turnaround is 8 weeks or longer. learn more.

Lending 243

Lending Survey Data System 243

PYMNTS

NOVEMBER 10, 2020

“Economic incentives given by governments — say, tax credits, or others for job training — make a lot of sense,” Harker said. “I I would encourage more of these public-private partnerships through those kinds of tax credits.”.

Philadelphia 218

Philadelphia Training Taxes Survey 218

Abrigo

NOVEMBER 28, 2014

How many times have you had to refer a client out to another financial services firm because your firm is too busy putting out fires with tax and audit work to provide business analytics or other advisory services ? At the same time, owners obviously have unmet needs related to growing their companies.

Taxes 191

Taxes Survey Technology Comparison 191

Abrigo

OCTOBER 25, 2014

Technology provider The Sleeter Group recently surveyed small- and medium-sized businesses about why they left their accountant, and the top reason was because the accountant gave only reactive – rather than proactive -- advice. “When they think of their accountant, they think of taxes,” he says.

Taxes 284

Taxes Study Survey Fraud 284

PYMNTS

JULY 21, 2020

When asked if working from home will continue to chill business travel, Tisch said surveys are indicating as much. Tisch recommended Congress extend the Paycheck Protection Program (PPP) at least until the end of the year, adjust the tax code, reinstate the business meals deduction and adopt a tax credit for travel.

Taxes 189

Taxes Survey New York Security 189

Abrigo

JANUARY 25, 2016

Routine meetings with business clients, such as those ahead of or after tax season, tend to cover housekeeping items related to preparing financial statements, tax payments or tax returns. Understandably, the accountant’s near-term goal is to make the upcoming tax season proceed smoothly.

Meeting 150

Meeting Taxes Survey Strategy 150

Abrigo

FEBRUARY 28, 2025

According to a 2024 Abrigo Fraud Survey , 61% of Americans still write checks, and incidents of fraud and the resulting losses remain high.The FBI estimates that 500 million fraudulent checks annually total $18 billion in annual losses. They often prey on older adults emotions to bypass skepticism.

Fraud 221

Fraud social media Training Community 221

PYMNTS

SEPTEMBER 15, 2017

In a survey of more than 500 small and medium-sized business (SMBs) accountants and bookkeepers, business and financial software company Intuit found a few factors that frustrate the profession. Researchers said this can lead to higher costs from accountants and a higher risk of auditing come tax time. Reports Thursday (Sept.

Survey 154

Survey Software Google Resources 154

PYMNTS

MARCH 19, 2018

This week’s B2B Data Digest takes a look at some of the latest surveys of small business sentiment across the globe. Only 5 percent of survey respondents cited access to finance as the biggest barrier to success. Twenty percent tax breaks may cause some U.S. he asked in the report. The Kenyan government owes $1.1

Taxes 150

Taxes Survey Analysis Cards 150

PYMNTS

MARCH 23, 2020

Reports said business users of the payroll software had funds taken out for tax purposes, but the IRS insists these firms have millions of dollars in unpaid tax bills and penalties. Payroll Professionals Inc owner Myles Hannigan is serving a four-year sentence after pleading guilty to tax fraud, reports noted.

Philadelphia 178

Philadelphia Fraud Taxes Survey 178

PYMNTS

OCTOBER 8, 2019

This week’s B2B Data Digest dives into the latest surveys of U.S. Although hiring slowed in September, small businesses continue to remain optimistic and have even reported some significant benefits resulting from late-2017’s tax reform. The firm surveyed more than 300 U.S. 76 percent of U.S. 37 percent of SMBs said the U.S.-China

Survey 134

Survey Taxes Data Report 134

Abrigo

JANUARY 18, 2016

How an electronic tax return reader provides more time for advisory services As accountants and their staff scramble to complete client W-2s and 1099s to meet other deadlines related to the start of tax season, it’s hard to see an end to the crazy schedules.

Taxes 150

Taxes Meeting Analysis Data 150

PYMNTS

MAY 12, 2020

A survey by the National Community Pharmacists Association last fall found the number of independent pharmacies fell by nearly 20 percent to 18,478 stores last year, down from 23,029 in 2012. The closures represent a loss of nearly $17 billion in annual revenue, 15,000 jobs and millions in tax revenue.

Survey 200

Survey California Taxes Online 200

PYMNTS

APRIL 9, 2018

This may be the first sign of tax reform seeping into the small business labor market,” the executive said in a statement. “As As small business owners begin to realize the benefits of tax reform, they will likely translate to better wages and more jobs. Less than a fifth said they decreased head counts.

Taxes 141

Taxes Analytics Regional Survey 141

Abrigo

JUNE 30, 2017

The recent Accounting Firm Operations and Technology Survey (AFOT), available as a PDF eBook at CPA Trendlines , produced by Randolph P. percent provide tax preparation services. percent provide tax preparation services. Johnston, Leslie Garrett, PhD and Brian Tankersley, presented the focus areas of small accounting firms.

eBook 220

eBook Compliance Taxes United States 220

Abrigo

MAY 5, 2017

Instead, applicants have more gripes about the process they encountered at financial institutions than about the financial aspects of their transactions, according to the 2016 Small Business Credit Survey by the Federal Reserve. That was not the case, however, with borrowers who used large banks and online lenders, according to the survey.

Survey 150

Survey Online Lending Taxes 150

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. Preventing crime also includes thwarting tax fraud, and companies must obtain certain details to fulfill their tax reporting responsibilities.

Data 166

Data Management Taxes Meeting 166

Abrigo

SEPTEMBER 19, 2016

Identifying service opportunities is especially important for firms looking to transition from a focus on compliance services , such as tax and audit, to value-added advisory services that might generate higher margins. After all, accountants are commonly known as providing services such as tax preparation and audits.

Taxes 150

Taxes Compliance Resources eBook 150

Abrigo

FEBRUARY 25, 2025

The most recent FDIC Small Business Lending Survey found that slightly more than half of large banks (those with at least $10 billion in assets) can approve a small and simple loan in one business day or less, compared with only 29% of small banks (those with less than $10 billion).

Lending 195

Lending FDIC Policies Analysis 195

PYMNTS

JANUARY 13, 2020

Federation of Small Businesses (FSB) has released the results of a survey of small to medium-sized businesses’ (SMBs) embrace of open banking two years since the framework took hold and discovered that SMBs continue to distrust lenders. The FSB surveyed 1,000 SMB owners about their data sharing habits. According to reports Monday (Jan.

Data 131

Data Survey Fintech Taxes 131

PYMNTS

MARCH 13, 2017

70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey. Nearly a quarter of small businesses said they still use paper forms when filling out taxes. The statistics were published last week from BDRC Continental, which surveyed 100,000 U.K. small businesses.

Financial Technology 127

Financial Technology Technology social media Taxes 127

Abrigo

SEPTEMBER 6, 2017

Federal Reserve Small Business Credit Survey The 2016 Small Business Credit Survey from the Federal Reserve states that moving into 2017, small businesses “expressed continued optimism while also reporting trouble making ends meet and accessing credit.” “But one of the most concerning things is the change,” says Brown. “If

Survey 150

Survey Taxes Fintech Comparison 150