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Tax Compliance Software Firm Avalara Acquires INPOSIA

PYMNTS

Avalara , a tax compliance software firm with a focus on the business sector, said on Tuesday (Dec. The Seattle-based firm, which did not disclose the purchase price, said in a press release that the transaction is expected to close in the first half of 2021. 29) that it has struck a deal to buy INPOSIA Solutions GmbH.

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2021 Tax Proposals

TrustBank

On September 15, the House Ways and Means Committee approved the tax provisions of the Build Back Better Act (BBBA), the legislation intended to implement President Biden’s social and education reforms. This proposal would be effective for tax years beginning after Dec. net investment income tax + 3% high income surcharge).

Taxes 52
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The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. On the next pages, you’ll find our listings of the top-performing community banks of 2021 alongside interviews with some of the winners. 3-yr average pre-tax ROA. pre-tax ROA: 3.08%. Elmore City.

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Jim Reber: Shop talk 2021

Independent Banker

I know most tax accountants preach that we should sell bonds at a loss instead of gains, because that speeds up the income tax liability. I don’t see how we’re going to do better next year than we’ve done in 2021.”. But be careful: Tax-free munis are the last ones you want to sell at gains.”. Am I saying that right?”.

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Survey: Most Americans Plan to Save Their Tax Refunds in 2021

MyBankTracker

The 2021 tax season is likely to stand out from previous years as many Americans might need their tax refunds more than ever. According to a recent MyBankTracker survey, Americans are most likely to put this year’s tax refunds into savings, which may not come as a surprise. Not expecting a tax refund 34.70%.

Taxes 52
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Union Budget 2021: Highlights

BankBazaar

The Union Budget 2021-22 came at a time when India is ailing from a COVID-battered economy, and its healthcare infrastructure has been stretched to the limit. However, in case of serious tax-evasion cases (Rs. Affordable housing projects to get a tax holiday for one year. in 2021-22. Missed out on the budget?

Metro 122
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How Online Sales Tax Impacts Different eCommerce Models

PYMNTS

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. consumers are expected to be shopping online by 2021. Online Sales Tax and Marketplaces. Online Sales Tax and SMBs.

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