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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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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

The current quarter included a 10-cent per share income tax expense. . Wayfair, which impacted how states may collect taxes on sales made by out-of-state sellers. . Wells Fargo also announced plans to sell 52 branches in Indiana, Ohio, Michigan and parts of Wisconsin to Flagstar Bancorp.

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Expenses Abuse: What Is The Cost Of A $4 Beer?

FICO

Expenses Abuse Gets Media and Tax Payers In A Froth. Recent news articles out of Ohio ( $4 beer dings Butler County Visitors Bureau in state audit ) highlights the reputational risks that can impact an organization when it fails to monitor spending for non-compliance or expenses abuse. Expenses Abuse - The Hidden Cost.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

HQ: Cincinnati, Ohio. Recurring bill management . Equipment lease management software. Tags: SMB, entreprise, leasing, accounting, managment, compliance. Fintech deals by size from 25 June to 1 July, 2016: Paycor. Online payroll system. Latest round: $45 million. Total raised: $164 million. Source: FT Partners.

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