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A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws

PYMNTS

Merchants aiming to sell nationwide must pay attention to how their goods are treated by each state’s tax code. Items considered as exempt medical necessities in some states may be taxed at high rates in others, and businesses cannot afford to be caught by surprise. Around The Next-Gen Sales Tax Wor ld.

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PPP Loan Forgiveness May Be Hard To Win For Self-Employed Workers

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The measure limits independent contractors and the self-employed to borrow up to two months of their pay based on their 2019 income tax return or $15,385, whichever is less, toward forgiveness. If they can’t convince the SBA they met those requirements, borrowers have two years to repay it at a 1 percent interest rate.

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Mom And Pop Pharmacies Dwindle Amid Competition

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A survey by the National Community Pharmacists Association last fall found the number of independent pharmacies fell by nearly 20 percent to 18,478 stores last year, down from 23,029 in 2012. The closures represent a loss of nearly $17 billion in annual revenue, 15,000 jobs and millions in tax revenue.

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B2B FinTech Firms Brace For Growth With New VC

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Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. 2nd Address.

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Africa FinTech Leads This Week’s B2B Investments, Breaks Record

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B2B startups in the small business banking, expense management and analytics sectors led this week’s investment roundup, securing more than half of the $108 million raised. Expense Management. California’s Plastiq provides small businesses with a commercial card solution to facilitate bill and expense payments.

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Governments Fuel Blockchain’s Global Proliferation

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A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. In Spain, regulators are reportedly exploring how to support blockchain developers. United States.

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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

All in, Walmart plans to spend $173 upgrading in Florida, $265 million in Texas and $145 million in California. Walmart has also expanded its private-label brand offerings in apparel, with Terra & Sky, Wonder Nation and Time and Tru, among others. 2: People in Glass Houses Should Pay Taxes. billion during that time period.

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