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SMB Tax Complexity Preserves Role For The Human Accountant

PYMNTS

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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Tax Reform Shows Early Signs Of SMB Bank Lending Impact

PYMNTS

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative.

Taxes 122
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Where The Tax Man Will Knock Louder Post-Wayfair — And Sooner

PYMNTS

The tax man looms across state and international borders, searching for digitally derived dollars due — scanning sites, platforms and even pop-up stores. Depending on how far afield they expand, those issues can span currencies, locally preferred payment methods and, increasingly, taxes. Last year, in the case of South Dakota v.

Taxes 100
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Misinvoicing Costing Nations Billions, Warns UNCTAD

PYMNTS

For others, however, entire national economies can be affected. According to the UN Conference on Trade and Development (UNCTAD), that’s exactly what’s happening in some developing nations, in which invoice errors across Africa and South America are leading to the loss of up to two-thirds of commodity export value.

National 100
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10 Essential Personal Finance Moves Before the Financial Year Ends

BankBazaar

Maximise Tax Savings If you’ve opted for the old tax regime, utilise all available tax-saving avenues to minimise your tax liability. Invest in tax-saving instruments such as Public Provident Fund (PPF), Equity Linked Savings Schemes (ELSS), National Pension System (NPS), or Tax-Saving Fixed Deposits.

Taxes 78
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How Do Customers — And Retailers — React To Tax Returns?

PYMNTS

For all the johnny-come-latelies who spend the hours before midnight on April 17 scrambling to submit their tax forms, there are millions more Americans who are sitting pretty with their tax refunds already in hand. It’s a peculiar part of tax season. While a National Retail Federation survey found that 65.5

Taxes 100
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Too big to jail: why the crackdowns on dodgy finance have been so ineffective | Prem Sikka

TheGuardian

Aabout $3.6tn (ÂŁ2.6tn) of the proceeds from bribery, embezzlement, money laundering, tax evasion and cronyism are laundered each year, undermining the social fabric of nations across the globe. Book tickets here Continue reading.

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