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H&R Block Acquires SMB Finance Platform Wave

PYMNTS

Consumer tax solutions provider H&R Block is ramping up its position in the small business financial services market with the takeover of Wave. “Wave addresses these concerns by delivering financial solutions and a simple user experience on a single platform.”

Taxes 161
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Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35 said this week. ZenBusiness.

Payments 149
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SMBs Explore Financing Options For Their Digital Transformations

PYMNTS

Access to capital for small- to medium-sized businesses ( SMBs ) has always been vital, as well as a challenge. Borrowers don’t always have a consistent experience in their hunt for financing, either. In some cases, tax advantages may be available. “Now, more than ever, cash reserves are important,” said Jones.

Capital 168
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ADP Links Clients To PayActiv Early Wage-Access Capabilities

PYMNTS

The companies pointed to the so-called Fin-Tax — high interest rates and fees associated with alternative employee financing solutions, like payday loans — as a key barrier to financial wellness for employees. The press release cited Broadmoor Consulting Managing Principal Todd Baker, which highlighted this challenge.

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Be Sure Your Business is Ready for the Coming Year!

FirstInternet

Now is absolutely the time to begin to develop your tax strategy with your accountant. For example, if you received a Paycheck Protection Program loan, you’ll need to know how your loan forgiveness (or not) will affect your next tax return. This is where the advice of a trusted financial professional is critical.

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What SaaS's Business Model Evolution Means For B2B Payments

PYMNTS

On top of this challenge is the added complexity of the growing number of jurisdictions establishing their own tax requirements for SaaS firms operating across borders, a pain point that Owens said can be a headache for smaller software providers. A Continually Evolving Business Model.

Payments 151
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To Improve Treasury Tech, Target The Developers

PYMNTS

“[APIs] are exploding now because technology seems a little less heavy, and we’re becoming more familiar with new capabilities and how it can enable us from a cost-savings and user experience perspective.”. It’s also about having accurate, reliable rates trusted by global tax authorities.”.