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Bitcoin Daily: S. Korea Eyes Crypto Capital Gains Tax; Crypto Lawyers See Rise In Demand

PYMNTS

South Korean crypto users might soon see 20 percent taxes on their currency, according to Cointelgraph. ” But Sung Tae-yoon , an economist with Yonsei University, warned that taxing cryptocurrencies could slow the country’s tech markets. They falsely claimed to have a Harvard-educated CEO backing them.

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Bitcoin Daily: UK Tax Agency Defines Crypto As Commodities; Crypto Exchange Bittrex Sued For SIM Card Bitcoin Theft

PYMNTS

s tax authority has released cryptocurrency tax guidance for businesses, revealing that crypto assets will still be defined as commodities. That means that companies that participate in trading exchange tokens must make tax payments.

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Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News

PYMNTS

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Behind Sysco’s Spend Management Switch To Cards. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws. Trackers and Reports.

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Growing your firm’s advisory services: Financial management

Abrigo

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice. The advantage of working capital is obvious to some degree.

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SMBs Enter 2019’s Final Quarter With Plate Full Of Concerns

PYMNTS

Although hiring slowed in September, small businesses continue to remain optimistic and have even reported some significant benefits resulting from late-2017’s tax reform. 54 percent of SMBs say the Tax Cuts and Jobs Act positively impacted their businesses , new research from the National Federation of Independent Businesses said.

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Mobile Order-Ahead Delivered The Goods In 2019

PYMNTS

Tons of capital was raised and spent on new systems and processes. As city councils all over the nation get a hankering for MOA tax revenue, the category just keeps growing and evolving. In the past QSRs could screen for credit card scams right at the point of sale (POS), typically face-to-face with the fraudster.

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

PYMNTS

Find out who raised the money, and other winners of this week’s B2B venture capital roundup, below. Endeavour Catalyst and Satya Capital also participated. California’s Plastiq provides small businesses with a commercial card solution to facilitate bill and expense payments. Small Business Banking. InsightSquared.

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