Capital Online Taxes Technology 
PYMNTS
FEBRUARY 10, 2020
The jousting over eCommerce taxes — especially for U.S. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), is sent directly to an account held by the central government.
PYMNTS
APRIL 10, 2020
TurboTax , the online tax preparation service, has said it is launching a free stimulus registration system to help people who don’t need to file a tax return. Approximately 10 million people in the country don’t have to file taxes, and roughly 80 percent can receive a stimulus check. .
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Bank Innovation
MARCH 23, 2017
investors is at its highest point since 2000, but most would still place any money from a (unlikely) tax cut right into the bank. While the majority of investors aren’t expecting a slash to their taxes, 47% of them would put the additional money towards improving their financial health, and only 8% […]. Optimism among U.S.
PYMNTS
JUNE 7, 2019
consumers can now access same-day ACH, so the technology is there. While digital fund disbursements clearly can affect insurance claims, government tax returns and gig economy workers’ paychecks, it’s reimbursements that play a major role for the retail industry. On the other hand, almost all (95 percent) of U.S. Many Happy Returns.
Bank Innovation
MARCH 31, 2016
Maybe tax season has mobile users worrying about their credit history, or contemplating borrowing some cash? Tax worries seem to already be a thing of the past. Last week Credit Karma passed Chase Mobile to slip into first place on both Android and iOS platforms.
PYMNTS
FEBRUARY 23, 2020
Intuit is known for making online tax filing service TurboTax, which is used by millions of people. Credit Karma offers a number of services including free access to one’s credit score and borrowing history, alerts to potential data breaches, and tax preparation and filing. The company makes money when users use those products.
PYMNTS
JUNE 3, 2020
Lili , which works to provide online banking services for freelancers, notched $10 million in a seed funding round led by Group 11, according to a press release. Foundation Capital, AltaIR Capital, Primary Venture Partners and Torch Capital also participated, the release states. or 35 percent of the workforce.
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