PYMNTS

MARCH 15, 2019

With the first tax season post-tax reform nearing completion in the U.S., Ongoing regulatory changes and persistent uncertainty mean that that importance will continue even outside of tax season, with challenges that even the most automated of accounting software solutions cannot always tackle. Tackling Tax.

Taxes 193

Taxes South Dakota Software Survey 193

PYMNTS

NOVEMBER 16, 2018

Cloud accounting software firm Xero is broadening its reach in the small business tax filing space through an acquisition of Instafile. based Instafile to integrate its cloud-based tax preparation and filing solution. The company connects accountants, bookkeepers and small businesses to tax authorities to maintain compliance.

Taxes 148

Taxes Software Compliance Meeting 148

PYMNTS

MARCH 11, 2020

With a continuation of its global expansion, small business accounting software maker FreshBooks has rolled out in the United Kingdom. FreshBooks rolled out its VAT Return Report last year to assist more owners of small businesses get ready for tax time compliance. per news in December.

Software 130

Software Taxes Compliance Meeting 130

PYMNTS

JULY 7, 2020

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

Taxes 141

Taxes Google Seattle National 141

PYMNTS

JANUARY 24, 2021

Business software maker Cygnet Infotech has updated its FACE ( Financial Accounting Comprehensive and Easy ) accounting software platform, according to a published report. One facet of helping with compliance is the automatic recording of journal entries.

Taxes 178

Taxes Compliance Software Fraud 178

PYMNTS

SEPTEMBER 3, 2019

Merchants working to expand and sell online in more markets must comply with each market’s local sales tax regulations, however, and that is an increasingly complicated task. Levy laws can vary widely between states, with one state taxing a product that another does not, for example. Around The Next-Gen Sales Tax World.

Taxes 133

Taxes South Dakota Online Report 133

PYMNTS

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. States can now tax sales by companies that do not have a physical presence within the state. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces.

Taxes 129

Taxes Online South Dakota Louisiana 129

PYMNTS

JANUARY 29, 2020

businesses are likely already feeling tax season’s pressures. Filing is exhausting and complicated for individuals, and businesses experience those tax difficulties to a far greater degree. SMBs And Manual Tax Frustrations. Digitizing these processes can ease SMBs’ tax frustrations. Spring may seem far away, but U.S.

Taxes 141

Taxes Fraud Tools System 141

Abrigo

JULY 20, 2017

Allaboutrisk.com (AAR) recognizes Sageworks as a credit risk vendor in its 2017 Risk Software Report. AAR is the global leader for online news, product and innovation information on risk, compliance, and trading. Electronic Tax Return Reader (ETRR). The products featured in the report include: · Credit Analysis. Loan Pricing.

Software 150

Software Report United States Compliance 150

PYMNTS

MAY 15, 2018

Validating tax information to comply with the IRS: sounds like a no-brainer, something every business and finance organization would simply take for granted and have to do. Israch said he was surprised to find so many organizations were not validating tax info in a compliant manner, considering the current compliance regime.

Compliance 101

Compliance Taxes Study Strategy 101

PYMNTS

OCTOBER 28, 2019

Wayfair case that allowed states and individual cities to launch tax policies aimed at remote sellers and marketplaces is still reverberating in 2019 and will likely affect online retail in 2020. In Q3 2019, 14 states started collected online sales tax and 11 more followed in October. eBay Makes a Deal. Don’t cry for eBay, though.

Taxes 102

Taxes Online San Jose South Carolina 102

CB Insights

MAY 27, 2022

ZenLedger , a provider of crypto tax prep software, has raised $15M in a Series B. The post ZenLedger, a crypto tax prep software company, raises $15M in round backed by AngelList. The round drew participation from ParaFi Capital, AngelList, King River Capital, and Blizzard Fund, among others. <span

Taxes 55

Taxes Software Compliance Company 55

PYMNTS

JANUARY 7, 2020

In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding. TaxBit was founded by software developers, tax attorneys and CPAs to automate and simplify tax compliance for crypto users.

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

FEBRUARY 28, 2020

As Michael Cichy, general manager of the Americas for Centsoft parent company Palette Software , told PYMNTS, the value in cross-platform integration can be significant for companies, particularly when it comes to saving time often wasted on manual data entry. “This combination increases data accuracy, and shortens payment cycles.”

Taxes 209

Taxes Data Fintech Compliance 209

PYMNTS

JULY 8, 2019

Onyx CenterSource , a global provider of B2B payments and business intelligence solutions to the hospitality industry, announced it has partnered with tax software provider Sovos to expand its Onyx’s InvoicePro eInvoicing capabilities. The company has now chosen Sovos to help it meet the upcoming changes in the compliance sector.

Taxes 115

Taxes Compliance Security Fraud 115

PYMNTS

FEBRUARY 2, 2021

Tax compliance has never been a simple issue for businesses. One of those evolving models is subscription commerce, especially for software. Software used to be purchased in a single big buy — a “one and done” purchase made every few years. Lambert noted that subscription-based companies have no choice but to respond.

Taxes 220

Taxes Software Compliance United States 220

PYMNTS

OCTOBER 5, 2020

The General Court judgment raises important legal issues that are of relevance to the Commission in its application of State aid rules to tax planning cases,” Executive Vice President Margrethe Vestager said in the statement. European Commission To Appeal Apple State Aid Decision. 25 statement. 25 statement.

Data 229

Data Google Compliance Apple 229

Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. Moreover, an AML program that is robust and comprehensive becomes a vital component in this fight, with fraud detection software being essential. It's no longer a discretionary measure but an imperative one. Considering combining your AML & fraud teams?

Fraud 195

Fraud Trends Cards Software 195

PYMNTS

SEPTEMBER 12, 2019

Financial services providers that slack on regulatory compliance and fail to safeguard their operations against money laundering, terrorist financing and other criminal activities may face damaged reputations and significant fines. Others might find it burdensome to invest in new software and systems and change existing processes.

Fraud 189

Fraud Fintech Compliance Regulation 189

Gonzobanker

AUGUST 17, 2022

Engagement platform Personetics also secured $85M from Thoma Bravo Digital banking provider Apiture announced a fundraising round led by Live Oak Bank, Pinnacle Bank, and BHG Financial Digital banking provider Backbase raised $128.6M

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

FEBRUARY 28, 2020

An entrepreneur who opens a coffee shop or launches a FinTech startup isn’t in business to crunch numbers and file taxes. Yet, the burden of financial management, from tedious data entry to compliance challenges, is a nonnegotiable part of starting a small business (SMB). “In retrospect, it was a big mistake.

Capital 154

Capital Taxes Software Data 154

PYMNTS

APRIL 4, 2019

Most notably, Australia’s introduction of Single Touch Payroll (STP) mandates has prompted MYOB and other industry players to upgrade their services to promote tax compliance for corporate users. Amid the new requirements, Australia’s small business accounting technology market continues its own market shifts.

Software 129

Software Taxes Compliance Industry 129

PYMNTS

MARCH 23, 2020

“This is a moment that a lot of hackers across the world have been preparing for,” said Brian Finch, partner at Pillsbury law firm and co-leader of the company’s coronavirus response team, in are recent Compliance Week report. This is an opportunity to conduct pretty robust cyber-espionage, if not cyber-hostage taking.

Philadelphia 178

Philadelphia Fraud Taxes Survey 178

The Paypers

APRIL 3, 2019

(The Paypers) US-based tax software provider Sovos has announced it has extended its embedded tax compliance solution for cloud-based procurement platform users.

Taxes 28

Taxes Compliance Software US 28

PYMNTS

OCTOBER 15, 2018

Their partnership will enable small businesses to collect payments via QR code or cards, while Zoho will link business customers to its ERP software to support Goods and Services Tax (GST) compliance. A press release from Mastercard, issued Monday (Oct.

Taxes 182

Taxes Compliance Payments Software 182

PYMNTS

JULY 26, 2018

Finally, Sovos is augmenting its corporate tax compliance software offering with Tipalti’s tools. ” Sovos Global Vice President of Alliances Andrew Chi said the collaboration with Tipalti is part of its response to the digitization of government operations, including tax and compliance.

Technology 102

Technology Taxes Fintech Compliance 102

PYMNTS

JUNE 15, 2018

In India , Marg ERP, which makes inventory and accounting software, is linking with ICICI Bank , the nation’s largest private sector bank by consolidated assets. The partnership will offer integrated payments to micro, small and mid-sized enterprises, using the former’s accounting software. The tech is licensed by a U.S.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

SEPTEMBER 8, 2020

The tax situation can also improve for individuals and their employers alike as workers move to leafier, suburban locales. For example, in New York state, the top marginal income tax rate is nearly 9 percent, plus another 3 percent in New York City. Yet, in neighboring Connecticut, the top income tax rate is 7 percent.

Taxes 170

Taxes Los Angeles New York City New York 170

PYMNTS

SEPTEMBER 28, 2020

They also need to collect and verify vendors’ details to comply with anti-crime regulations, adhere to tax reporting requirements and deliver convenient digital payments to these suppliers. Preventing crime also includes thwarting tax fraud, and companies must obtain certain details to fulfill their tax reporting responsibilities.

Data 166

Data Management Taxes Meeting 166

Abrigo

JUNE 10, 2020

Match powerful AML software to your risk profile. LaFontaine failed to take sufficient action when presented with significant AML program deficiencies in the Bank’s SAR-monitoring system and the number of staff to fulfill the AML compliance role by his AMLO [AML Officer],” the document said. learn more. “Mr. Ensure good documentation.

Resources 195

Resources Regulation Compliance Policies 195

PYMNTS

AUGUST 20, 2019

The company’s revenue model, Amit told Webster, is tied to a fee structure that extends across several types of fees, from flat fees for platform access, software related fees, and transaction fees where Tipalti processes the flow of funds. We’re just in the early stages of creating the category” of automated AP management for B2B, he said.

Management 127

Management Payments Taxes Software 127

PYMNTS

MARCH 4, 2020

For example, he pointed to multinational corporates’ need for tax provisioning and transfer pricing solutions to promote efficiency and compliance across borders. Robotics process automation shows particular promise, said Gillette, especially in areas like invoice processing, payments approval initiation, compliance and more.

Data 260

Data Taxes Analytics Resources 260

Abrigo

MARCH 24, 2023

A credit union can use more sophisticated software to automate the risk assessment detail. Do you offer services to those without a Tax ID Number (TIN)? In that case, this could indicate a need for a strong culture of compliance, which will ultimately lead to further increased risk. If so, how is this monitored?

Fraud 195

Fraud Compliance Examples Analysis 195

PYMNTS

JANUARY 27, 2020

Companies that outsource large amounts of work in a freelance model are learning that legacy accounting software isn’t set up for that. For their part, more and more freelance businesses born of the gig necessity are turning into legit SMBs that need software and banking relationships.

Software 220

Software New York Taxes Compliance 220

The Paypers

AUGUST 10, 2017

(The Paypers) Global tax compliance and reporting software provider Sovos has acquired Paperless to expand its real-time government reporting functionalities with electronic receipts and consumer point-of-sale tax reporting.

Compliance 28

Compliance Taxes Software Report 28

PYMNTS

SEPTEMBER 8, 2020

And, Austrian software developer and compliance expert Blockpit acquired its biggest rival, a German firm called CryptoTax , according to a report from Tech.eu. Both companies work to provide tax software for cryptocurrencies, but Blockpit CEO Florian Wimmer said the companies have different strengths.

Bitcoin 141

Bitcoin Fintech cryptocurrency Software 141

PYMNTS

MAY 23, 2017

Accounting software company Sage is acting on U.K. tax reform in an effort to help SMEs ease into the transition of going digital. The company said Monday (May 22) that it is working with Cashplus to help small businesses prepare for the Making Tax Digital legislation. s digital tax initiative. “As payments unit.

Taxes 108

Taxes Software Data Compliance 108