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Remote Seller Taxation: A Job For Tax Automation

PYMNTS

Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying to collect eCommerce sales tax retroactively, as far back as five years. have moved to collect sales tax from remote sellers, and it’s just the beginning. To date 43 states and Washington, D.C.

Taxes 130
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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

million for its compliance tools. HQ: Chicago, Illinois. Compliance tools for digital interactions. Community platform for investors. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. million for its P2P lending platform for small businesses. SmartAsset raised $3.8

Company 12
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Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

HQ: Evanston, Illinois. Self-employment tax payments. Distributed ledgers for financial community. Tags: SMB, payments, tax prep, accounting. Source: Crunchbase. Big data analytics for financial institutions. Latest round: $4 million. Total raised: $5 million. HQ: London, England, UK. Source: FT Partners. million Seed.

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Cannabis Banking in Illinois: Mitigating Reputation Risk to Financial Institutions

Abrigo

Despite Federal ambiguity, Illinois State Regulators defined their stances on cannabis banking. Compliance and anti-money laundering (AML) is going green… or is it? While marijuana is legal in the state of Illinois, it remains illegal at the federal level. Illinois State Banking Regulators. If so, how do you bank them?

Illinois 195
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Dynamic Duo

Independent Banker

From opposite political directions, Senators Shelby and Brown stand on point to greatly influence community banking’s agenda in the next Congress. The mix of contrasts and similarities of Shelby’s and Brown’s perspectives and policymaking portend an active session for community banking’s agenda in the new 114th Congress. By Ed Avis.