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.

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Taxes Online South Dakota Louisiana 129

PYMNTS

MARCH 15, 2019

With the first tax season post-tax reform nearing completion in the U.S., Ongoing regulatory changes and persistent uncertainty mean that that importance will continue even outside of tax season, with challenges that even the most automated of accounting software solutions cannot always tackle. Tackling Tax.

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Taxes South Dakota Software Survey 193

PYMNTS

DECEMBER 30, 2019

Merchants’ marketing departments may find bundling useful, but their accountants are less likely to see it positively — determining individual items’ tax obligations in the different states into which they are sold can be challenging, and putting offerings into bundles only magnifies complexities. Unpacking States’ Unbundling Policies .

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Taxes Iowa Policies Retail 130

PYMNTS

DECEMBER 30, 2019

Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying to collect eCommerce sales tax retroactively, as far back as five years. have moved to collect sales tax from remote sellers, and it’s just the beginning. To date 43 states and Washington, D.C.

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Taxes Alaska South Dakota South Carolina 130

PYMNTS

NOVEMBER 26, 2019

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.

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Taxes South Dakota District of Columbia Compliance 141

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. eBay Makes a Deal.

Taxes 102

Taxes Online San Jose South Carolina 102

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. . Behind Sysco’s Spend Management Switch To Cards. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws. Trackers and Reports.

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Taxes Mobile Management blockchain 101

PYMNTS

JULY 31, 2019

Albania has announced it will implement a new online billing system to prevent businesses from circumventing tax payments and to boost revenue in the country, according to a report by Reuters. The minister said that 1,600 hotels on a booking site were not registered with the proper tax authorities.

Taxes 116

Taxes System Compliance Online 116

PYMNTS

JUNE 22, 2018

Supreme Court opened the door to state collection of sales taxes for eCommerce purchases, questions swirled about software, Congressional action, marketplace sellers and how consumers would react. First, no sense of sky-is-falling doom emerged from any reliable retail or payments source. A day after the U.S. It accounts for more U.S.

Taxes 114

Taxes Online South Dakota Retail 114

PYMNTS

DECEMBER 16, 2019

Current strikes in France over a potential pension overhaul have adversely affected retail sales during the holiday season, according to a report by Bloomberg. . Some retailers have reported sales dips of between 20 and 30 percent during the second week of the month. . companies.”. companies.”.

Retail 130

Retail Taxes United States Policies 130

South State Correspondent

MARCH 28, 2024

The various programs are wide ranging, complicated, and impactful which is why now is an excellent inflection point to provide financial advisory to both your retail and commercial customers. The breadth of these programs is massive and combines grants, tax credits, production incentives, tax relief, and private investment stimulus.

America 195

America Strategy Taxes Community 195

PYMNTS

NOVEMBER 9, 2020

The mall and outlet center real estate investment trust managed to post a profit despite a 91 percent occupancy rate and collecting on only 85 percent of its rents. Simon addressed several issues on the company’s earnings call from tax relief to the pandemic to its joint venture with Brookfield Properties to take over operations at JCPenney.

Trends 169

Trends Retail Taxes Louisiana 169

PYMNTS

FEBRUARY 26, 2019

to allow businesses to pay their corporate taxes in bitcoin. According to Good Audience , hundreds of thousands of retailers currently accept cryptocurrency. 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.

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Taxes Ohio cryptocurrency Payments 145

PYMNTS

APRIL 5, 2018

Filing taxes is hardly a walk in the park. Fortunately, online tax filing solutions have helped cut through the mounds of paperwork that go into preparation and filing — and consumers seem to be rejoicing. The average federal tax refund is $2,960 — $3,091 for direct deposit filers — as of March 2018.

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Taxes Tools Payments Cards 100

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 16) that it would link up with megaretailer Walmart in what is being billed as an exclusive partnership, according to Globe Newswire reports.

Taxes 108

Taxes Software Kansas City Kansas 108

PYMNTS

JULY 19, 2018

According to the National Retail Federation , as of last year parents entered August with about 45 percent of their back-to-school shopping done. Retailers have reason to want to tap into it because back-to-school shopping is an incredibly valuable run of commerce activity. How Tax Holidays Work. That spend is big spend.

Taxes 101

Taxes Trends Massachusetts Louisiana 101

PYMNTS

DECEMBER 16, 2019

Current strikes in France over a potential pension overhaul have adversely affected retail sales during the holiday season, according to a report by Bloomberg. . Some retailers have reported sales dips of between 20 and 30 percent during the second week of the month. . companies.”. companies.”.

Retail 130

Retail Taxes United States Policies 130

Perficient

DECEMBER 1, 2022

But financial advisors that work for larger wealth managers and are looking to be more targeted and personalized with client outreach are often burdened by the hoops put in place by corporate infrastructures that they must jump through in order to get new marketing content made or sales campaigns underway.

Taxes 294

Taxes Customer Experience Marketing Compliance 294

PYMNTS

JANUARY 25, 2021

Amazon Plans to Raise Fees for Companies in Wake of New Digital Tax in Spain . After Spain’s government levied a new digital tax, Amazon plans to increase fees by 3 percent starting in April for Spanish firms harnessing its platform, Reuters reported. Google Raises Specter of Making Search Inaccessible in Australia.

Taxes 141

Taxes Google Compliance Apple 141

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 13, 2017

There are several reasons for this, analysts say, but regardless, there is a clear need for tight cash management in the construction sector. “Because of that complexity, taxes are more complex – it’s a snowball effect. The way taxes are done in the construction industry is different than in other industries.”

Management 129

Management Taxes Industry Trends 129

Bobsguide

MAY 26, 2022

Generation Life – a leading life insurance company that’s been providing Australians with tax-effective investment solutions for over 18 years – has launched its innovative new lifetime income solution, known as Generation Life LifeIncome, on GBST’s cloud-based wealth administration platform, Composer.

Technology 148

Technology Management Innovation User Experience 148

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. With so many retail stores closing, they need to be able to provide a way to sell D2C wherever those consumers are online.”.

Branding 322

Branding Taxes Fraud Regulation 322

BankBazaar

APRIL 29, 2020

Therefore, smart money management is critical to survival through this period. HOW TO MANAGE CASH. The dos and don’ts of liquidity management. Also know the tax implications of the liquidation as well as the costs of liquidation such as penalties or exit loads. Unemployment has risen to unprecedented levels globally.

Management 155

Management Policies Examples Taxes 155

PYMNTS

SEPTEMBER 15, 2017

The vast majority also said that small business (SMB) owners that mix personal and business-related expenses are making it much more difficult for their accountants to manage the books. Today’s expense management space offers small businesses a flurry of options that they can integrate into their existing operations.

Management 116

Management Taxes Retail Software 116

PYMNTS

APRIL 18, 2017

Paytm, an India-based ePayments and eCommerce conglomerate that typically focuses on B2C payments, is launching a new feature geared toward employee payments and corporate cash management. This will offer great convenience when compared to the traditional instruments like paper vouchers and will have tax benefits, too.”.

Management 100

Management Taxes Mobile Payments 100

PYMNTS

OCTOBER 3, 2019

The move means that users of Stripe’s payments platform can now connect to TaxCloud to manage their U.S. sales tax obligations via the company’s sales tax application programming interface (API). Wayfair last year, many online retailers now have to collect sales tax in additional states.

South Dakota 164

South Dakota North Dakota Taxes Retail 164

PYMNTS

JUNE 14, 2018

Consumer confidence seems to have returned in a big way in May as retail sales soared to their highest level since November 2017, according to news from The Wall Street Journal. Excluding auto sales, which have a tendency to bounce up and down frequently month to month, retail spending was up.9 Retail sales are up 5.9

Retail 108

Retail Taxes Course Capital 108

PYMNTS

SEPTEMBER 24, 2018

According to the retailer, tariffs will result in Walmart customers facing “cost increases for essential items like car seats, cribs, backpacks, hats, pet products and bicycles. Either consumers will pay more, suppliers will receive less, retail margins will be lower or consumers will buy fewer products or forego purchases altogether.”

Retail 122

Retail Fraud United States Groups 122

PYMNTS

OCTOBER 2, 2018

The report found that 21 percent believe technology’s greatest impact on their everyday life has been on how they manage money. If you want a tax statement in the middle of the night, for example, you’ll expect to be able to ask Alexa to get that for you.”.

Management 108

Management Technology Taxes Survey 108

PYMNTS

OCTOBER 14, 2019

Projects such as Marco Polo create added value for clients, ensuring more international trade transparency and manageability thanks to integrated bank payment, finance and discount instruments,” Dina Merkulova, head of trade finance at Alfa-Bank, said in a press release.

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Taxes blockchain Bitcoin social media 109

PYMNTS

SEPTEMBER 5, 2019

Luxury retail is being revised — and in some cases, reinvented — and those trends are worth attention as the 2019 holiday shopping season approaches. Not only that, but the luxury online consignment retailer opened a brick-and-mortar store on New York City’s famed Madison Avenue. Indeed, in its recent U.S. has notched $300 million.

Retail 123

Retail New York New York City Philadelphia 123

PYMNTS

MARCH 15, 2019

Cash is easily stolen, lost, laundered, hidden from the tax man, and rendered unhip by P2P and other rising mobile payment methods. Better Cash Management? Woe to any retailer or service provider that turns its back to such a potential consumer base — or pool of labor. Seemingly important patterns and precedents are being set.

Management 136

Management Los Angeles Cards Philadelphia 136

PYMNTS

DECEMBER 21, 2020

21) that Acima founder Aaron Allred and his team have created a leading virtual LTO solution for retailers and consumers. “We We all share a common vision to expand the virtual LTO offering across a broader set of retail partners and to meet the needs of more customers through an integrated omnichannel strategy. billion in 2020.

Utah 263

Utah Retail Taxes US 263

ABA Community Banking

APRIL 15, 2019

Many people treat tax returns almost like a bonus: as “extra” money Retail Banking Risk Management Payments Feature3 Survival Strategies Financial Research Feature Financial Trends The Economy.

Taxes 49

Taxes Risk Management Trends Strategy 49

PYMNTS

APRIL 24, 2019

Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. We are launching [our direct sales platform] with 320,000 different products in stock, including 200,000 books,” said Amazon’s Brazil Country Manager Alex Szapiro in January.

Retail 108

Retail Taxes Online System 108

BankBazaar

JUNE 18, 2020

Faced with some tough money management choices amid the COVID-19 outbreak? If your tax slab is 30%, your FD returns will be taxed to that extent, unless you’re a senior citizen eligible for certain income tax bene?ts after income tax and that is your e?ective ective post-tax return (refer to Table 2).

Management 78

Management Taxes Examples Capital 78