PYMNTS

FEBRUARY 26, 2019

When the state of Ohio partnered with cryptocurrency company BitPay last year, it meant the state would become the first in the U.S. to allow businesses to pay their corporate taxes in bitcoin. Yet, when it comes to companies using cryptocurrency for their own payment needs, adoption remains muted.

Taxes 145

Taxes Ohio cryptocurrency Payments 145

PYMNTS

JANUARY 22, 2020

Big Tech, too, of course, and digital taxes. Separately, IBM CEO Ginni Rometty told CNBC from Davos that artificial intelligence should be subject to “precision regulation … you want to have innovation flourish and you’ve got to balance that with security.” And Digital Taxes. have been considering or embracing digital taxes.

Taxes 131

Taxes Regulation Conference National 131

PYMNTS

OCTOBER 4, 2019

The state of Ohio has decided to end its support for bitcoin tax payments, state Treasurer Robert Sprague announced this week. In a statement published on Sprague’s official website this week, the treasurer said “OhioCrypto.com,” the website that allows businesses to pay their taxes in cryptocurrency, would be suspended immediately. “It

Ohio 109

Ohio Taxes Bitcoin Payments 109

PYMNTS

JANUARY 10, 2018

Stripe has announced an addition to its Stripe Atlas toolkit that will help founders file their corporate tax returns in minutes. This new tool can be especially important for resource-strapped startups, which often have difficulty with the tax process even with the help of an adviser. In addition, the recent U.S.

Taxes 168

Taxes Tools Delaware Resources 168

PYMNTS

SEPTEMBER 6, 2017

Sweden is looking to become an epicenter for entrepreneurs and hopes to entice small businesses to set up shop, thanks to tax legislation changes in the country. We want to make it possible for these companies to stay and grow in Sweden.”. Reports said legislators are also planning to lessen payroll taxes for small businesses.

Taxes 128

Taxes National Report Groups 128

PYMNTS

NOVEMBER 2, 2020

European Commission Executive Vice President Margrethe Vestager said in a webinar that to make the 2020s the continent’s digital decade “is every bit as much about building trust as it is about investing in digital innovation.”. “In UN Committee Indicates Support For Initiative To Tax Big Tech In Developing Nations. and Facebook Inc.

Taxes 212

Taxes National Regulation Google 212

PYMNTS

JANUARY 17, 2018

Tax preparation firm H&R Block announced Tuesday (Jan. Under the terms of the deal, H&R Block will become the sole provider of tax software available at Walmart stores. “At The company has not yet named Collins’ replacement. Its shares rose 1 percent intraday in the wake of the news, CNBC reported.

Taxes 108

Taxes Software Kansas City Kansas 108

PYMNTS

OCTOBER 12, 2020

German Finance Minister: More Than 130 Nations Agree to Corporate Tax Framework. The primary aim of any deal would be to make sure that Big Tech firms like Facebook , Google and Amazon were forced to pay their fair share when it comes to tax, according to Scholz. German Finance Minister Olaf Scholz said Friday (Oct.

Taxes 142

Taxes Google social media Regulation 142

PYMNTS

SEPTEMBER 8, 2020

The proposal comes at a time when Google and Apple’s right to charge commissions and make a sizable portion of sales has come under fire worldwide by companies that develop apps, such as Epic Games. The FAA supports innovation that is beneficial to the public, especially during a health or weather-related crisis.”. and other countries.

Taxes 131

Taxes Google Apple social media 131

Abrigo

APRIL 14, 2017

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. Last week, Barlow Research, the foremost authority on commercial banking, announced that Sageworks won top honors in its 2017 Monarch Innovation Awards.

Innovation 150

Innovation Taxes Analysis Lending 150

PYMNTS

SEPTEMBER 9, 2019

It’s also the start of another football gambling season — one that involves mobile commerce and digital payments, and companies trying to innovate their way to success in this growing field of transactions. More Innovation. Such desire for speed is also helping to drive innovation in other forms of gambling-related payments.

Innovation 137

Innovation Payments Taxes User Experience 137

PYMNTS

APRIL 16, 2018

India’s YES BANK is tapping into tax data to expand small business (SMB) lending. Reports in MENAFN on Friday (April 13) said the company plans to offer loans to micro, small and medium-sized businesses based on their Goods and Services Tax (GST) returns. Singapore, Germany and Hong Kong.

Taxes 108

Taxes Data Lending Analysis 108

PYMNTS

SEPTEMBER 28, 2017

The startups and small businesses that innovate aren’t just coming up with new technologies — they’re creating entirely new business models that, while progressive, can place increasing pressure on cash flow management for the enterprise. This is the type of market Venbridge has in mind.

Innovation 101

Innovation Taxes Capital Software 101

PYMNTS

APRIL 12, 2017

Identity company MorphoTrust USA looks to put a dent in tax fraud and theft by adding an additional layer of authentication security into the mix. The company recently announced a partnership with the Alabama Department of Revenue (ADR). Magee, commissioner of the ADR.

Alabama 101

Alabama Taxes Fraud Florida 101

South State Correspondent

MARCH 28, 2024

These programs aim, in part, to mobilize the private sector by pairing its capital with public investment to stimulate American manufacturing and infrastructure improvement, creating new jobs plus innovating in industries like clean energy and technology. These acts impact more than 55,000 locations throughout the U.S.

America 195

America Strategy Taxes Community 195

PYMNTS

AUGUST 4, 2020

ProPublica reported the DOJ has raised questions about potential antitrust issues if Intuit, the maker of TurboTax, takes over its former rival that offered free tax preparation tools. The deal to buy the San Francisco company, with nearly $1 billion in revenues last year, has fueled Intuit’s growth. billion purchase of Credit Karma.

Rhode Island 240

Rhode Island Taxes San Francisco Cleveland 240

PYMNTS

OCTOBER 25, 2019

We have deep, data-supported dives on Apple Pay, the outlooks for payments innovation in the 2020s, web sales taxes and Amazon’s holiday shopping season news. Ten Years Of Payments Innovation And Reinvention. billion, as measured company wide. NRF On The Case For Revising eCommerce Sales Tax Laws.

Apple 101

Apple Innovation South Dakota Taxes 101

PYMNTS

APRIL 16, 2019

The Italian Competition Authority (ICA) has launched an investigation into five separate Amazon outfits to determine whether the company is taking advantage of its position as the foremost logistical and eCommerce service, according to a report from Reuters. We are fully cooperating with the Authority,” Amazon told Reuters in an email.

Company 115

Company Policies Taxes Regulation 115

PYMNTS

APRIL 4, 2018

Each edition of the Tracker will highlight the innovations and players that are raising the payment bar to develop more intelligent payment systems and processes. Recently, several companies have looked to put payments in the fast lane. Cambridge Global Payments , for one, recently announced a collaboration with software company Qwil.

Taxes 100

Taxes Report System blockchain 100

South State Correspondent

MARCH 21, 2023

This article breaks down how you can use the ERC Assist product to generate deposits in an innovative way. ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. These professionals have tax knowledge, accounting expertise, and a proven track record. In 2020, the U.S.

Taxes 195

Taxes Community Bank Community Operations 195

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . The decision comes after a lawsuit filed against the company by COTECH SA. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

Taxes 101

Taxes Mobile Management blockchain 101

PYMNTS

DECEMBER 12, 2018

That brings the tally of enterprises offering financial services to cannabis companies to 375 banks and 111 credit unions. The upward trajectory, if not embrace, of financial services firms willing to work with cannabis companies comes against a backdrop where states have been legalizing marijuana. The government benefits, too.

Company 170

Company Taxes Compliance Industry 170

CFPB Monitor

MAY 13, 2022

The Treasury Department’s General Explanations of the Administration’s Fiscal Year 2023 Revenue Proposals includes a proposal concerning how EWA programs should be characterized for tax purposes. It would also add a definition of on-demand pay arrangements to the IRC.

Taxes 78

Taxes California Regulation Exercises 78

PYMNTS

JULY 29, 2020

and a can-do spirit), a country that rewards ambition and innovation — and where individual success stories of, say Google and Amazon customers are folded into the testimony in efforts to show how tech can help smaller firms pivot and embrace the great digital shift.

Innovation 168

Innovation Apple Google Texas 168

PYMNTS

MARCH 1, 2018

75 percent | Portion of payments budgets that top-performing businesses allocate toward innovation projects, according to the most recent PYMNTS Innovation Readiness Playbook , an i2C collaboration. The Indian program provides individuals with a 12-digit ID code based on location and biometric data.

Innovation 100

Innovation Data Taxes Lending 100

Perficient

JULY 22, 2020

Nadella urged Microsoft’s partners to embrace “tech intensity” – that is to embrace the current evolution of technology within companies to drive innovation and transformation for businesses. It was this message of innovating to help others that Nadella conveyed. A Better World.

Innovation 309

Innovation Taxes Technology Community 309

PYMNTS

DECEMBER 16, 2020

news publishers, including The New York Times , The Washington Post , NPR , ESPN , Bloomberg and others, have now joined the Coalition for App Fairness , according to a report from 9to5Mac , with the intent to protest the “ Apple tax.”. Apple has changed its rules on the commission for some, however.

Apple 181

Apple Groups US Taxes 181

PYMNTS

JUNE 20, 2019

In this case of retail innovation, that comes down to a former Snap executive taking on Amazon with the launch of a new eCommerce platform. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012. The company generated about $3.3

Retail 125

Retail Innovation Online Taxes 125

PYMNTS

JUNE 9, 2019

Reuters reported Lagarde said that technology companies’ use of big data and AI i ncreases big tech companies’ dominance in the mobile payments market, which could result in policymakers around the world rethinking how they regulate the banking system and how they ensure financial settlements are made safely and securely.

Industry 190

Industry Big Data Fintech Taxes 190

Insights on Business

JANUARY 21, 2020

Shell companies and the hidden threat of entity risk. While not inherently illegal, shell companies have been getting a lot attention recently for the role they play in illegal activity. Besides reducing tax burdens, shell structures are a great mechanism for hiding money laundering and funds from organized crime activities as well.

Company 103

Company Taxes Data Management 103

Insights on Business

JANUARY 21, 2020

Shell companies and the hidden threat of entity risk. While not inherently illegal, shell companies have been getting a lot attention recently for the role they play in illegal activity. Besides reducing tax burdens, shell structures are a great mechanism for hiding money laundering and funds from organized crime activities as well.

Company 91

Company Taxes Data Management 91

PYMNTS

JULY 22, 2019

They grilled execs from Google, Amazon and Facebook over claims of their size and power, which is said to be driving smaller companies out of business, reducing opportunities for new innovators to emerge and tilting the competitive playing field too far in their direction. That’s what teenagers did 34 years ago for fun.

Innovation 170

Innovation US Maine Google 170

PYMNTS

DECEMBER 7, 2020

and abroad that the concentration of power amongst a small number of tech companies is curtailing growth in the tech sector, reducing innovation and potentially having negative impacts on the people and businesses that rely on them.”. Regulators also called out the tech company’s warranty terms for not covering water damage.

Apple 143

Apple Regulation Taxes Marketing 143

PYMNTS

AUGUST 13, 2019

The company says it has processed over 1 billion transactions for 1 million-plus merchants, according to the report. “We billion monthly active users earlier this year, and WeChat’s eWallet saw a daily transaction volume of more than 1 billion last year, according to earnings reports by its parent company, Chinese tech giant Tencent.

Innovation 116

Innovation Payments Capital Taxes 116

PYMNTS

AUGUST 19, 2016

Corporate payments innovation tends to stick with the obvious transactions: payments to suppliers, business partners, employees and the like. But a new research report from Deloitte says there is another kind of transaction that’s tripping up the corporate books: inter-company payments. The Root Of The Problem.

Company 100

Company Taxes Regulation Examples 100

PYMNTS

FEBRUARY 26, 2020

Bookkeeping service Pilot.com has launched three new programs — R&D Tax Credit, CFO Services and Extended Services — in a bid to expand its services, and outsource several different facets of its business to new departments. Pilot.com launched in 2017, and aims to “bring bookkeeping into the modern era,” the company said.

Taxes 130

Taxes Resources Strategy Company 130

PYMNTS

MAY 4, 2018

According to the company: “Potential matches will be recommended based on dating preferences, things in common and mutual friends. Tax Reform : Trumpeting Trump-isms aside, tax reform may turn out to be a fizzle, after all, as corporations may hold on to cash rather than spend it to hire or invest in the economy at large.

Taxes 115

Taxes social media Data Millennials 115