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3 Ways to capitalize on your tax season engagements

Abrigo

Every year, accountants brace themselves for the inevitable tax season. For many accountants, unfortunately, tax season means that lucrative consulting work that can diversify revenue and bolster firm growth throughout the year gets put on hold in order to handle the mountains of personal and business tax returns.

Taxes 150
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Crypto Fails To Impress For Corporate Tax Payments

PYMNTS

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. Some industry innovators are looking to drive change, however.

Taxes 145
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One of commercial banking’s biggest challenges solved by Sageworks’ “Most Innovative” product

Abrigo

A credit risk manager at one bank with $900 million in total assets estimated that her team received approximately 8,220 tax returns in the 2015 calendar year. Considering the example of the bank mentioned above, the amount of data entry required is significant.

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On Demand Pay Finds A Home In Financial Services

PYMNTS

Yet, while financial institutions (FIs) have primarily avoided large scale layoffs and furloughs, many FI employees still feel the job-related impact of the coronavirus — for example, through spouses or family members who have lost their livelihoods. Yet, in neighboring Connecticut, the top income tax rate is 7 percent.

Taxes 170
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Direct Listings And SPACS, Change The Face of Public Offerings

PYMNTS

This is a game-changer for our capital markets, leveling the playing field for everyday investors and providing companies with another path to go public at a moment when they are seeking just this type of innovation,” NYSE President Stacey Cunningham said via statement. The Costs Of Going Public .

New York 270
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Wild Cards? Gambling, Payroll, Other Models Provide Fresh Fuel For Prepaid

PYMNTS

That experience made him appreciate even more just how difficult it can be to move customers from one payment method to another without real innovation. Engagement, innovation and scale are all vital. The rise of online and mobile (legal) gambling is providing benefits to reloadable and store-value cards, and driving innovation.

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Blockchain Unchained: Paxos CEO Sees Expanded Role For Token-Based Digital Assets

PYMNTS

Hamstringing American Innovation. s ability as a country to effectively innovate. Innovation is going to keep happening. And so now you're going to hamstring American innovation, the American ability to succeed by protecting the incumbent way of doing things,” he said. For example, Bitcoin is not money.