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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109
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Coinbase escalates showdown on U.S. tax probe as bitcoin surges

Payments Source

The exploding value of the cryptocurrency since its first real-world transaction in 2010 is one reason the U.S. online exchanges. Internal Revenue Service is pushing to see records on thousands of users of Coinbase Inc., one of the biggest U.S.

Taxes 63
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98
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Payment Issues Take Center Stage In The Gig Economy

PYMNTS

The classification also affects payroll tax collection, worker compensation and unemployment benefits. A recent survey from Tipalti , an accounting software FinTech business, found that “poor freelancer payments processing has significant implications on their loyalty to an online marketplace.” Independent contractors — who make up 8.4

Payments 110
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The Connected Economy: It’s About Time

PYMNTS

Benjamin Franklin wrote in 1789 that the only certainty in life was death and taxes. The below chart shows the results of that study for the period from 2010 through 2018 — the most recent year for which that data is available. Buy buttons on websites save consumers time at checkout and improve online merchant conversions.

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Payment Issues Take Center Stage in the Gig Economy

PYMNTS

The classification also affects payroll tax collection, worker compensation and unemployment benefits. A recent survey from Tipalti, an accounting software fintech business, found that “poor freelancer payments processing has significant implications on their loyalty to an online marketplace.”. Independent contractors — who make up 8.4

Payments 100
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Austin Is Bringing The FinTech Heat

PYMNTS

In Austin the cost of living is relatively affordable and taxes are low, especially compared with other major tech hubs, while also offering resources to budding entrepreneurs and tech industry talent. According to the American City Business Journals , the growth in the number of SMBs based in Austin increased from 2010-2013 by 9.7

Austin 100