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Tax Season Adds Extra Fraud Weight For SMBs

PYMNTS

Tax season is upon U.S. In a new report from ProofPoint , researchers warned that any businesses with the word “tax” in its domain is at risk of being spoofed by phishing attackers targeting small to medium-sized businesses (SMBs). Indeed, tax season isn’t the only threat hitting SMBs, either.

Taxes 164
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Upload data quickly from QuickBooks Online for financial analysis, valuations

Abrigo

Accountants and valuation professionals can spend less time at the computer screen and more time identifying revenue-based consulting opportunities, thanks to the recent integration of ProfitCents , Sageworks’ flagship financial analysis platform, and the Sageworks Valuation Solution with Intuit’s QuickBooks Online.

Analysis 150
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Hiring headache? Try technology

Abrigo

The answer to this staffing problem is technology that streamlines and automates as many tasks at the institution as possible. By implementing automation technology each staff member can increase their productivity to get more done with the existing staff. This is doubly true when hiring additional staff can take several months.

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YES BANK Taps Tax Return Data For SMB Loan Underwriting

PYMNTS

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
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The Financial Technologies SMEs Aren’t Using

PYMNTS

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey. Only 13 percent say they’re willing to jump on the innovation bandwagon.

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Use Our ERC Assist Program to Raise Deposits

South State Correspondent

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects. In 2020, the U.S.

Taxes 195
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3 Ways CPAs can leverage technology for meaningful practice growth

Abrigo

A major concern surrounding technology expenditures is whether the investments will generate a return for the accounting practice. However, identifying the return on investment begins with ascertaining which everyday challenges can be addressed with technology. The end result?