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

PYMNTS

JUNE 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. There are also an “extremely high number” of tax rules.

Compliance 146

Compliance Marketing Taxes Groups 146

PYMNTS

JULY 26, 2018

The American Institute of Certified Public Accountants (AICPA) submitted recommendations to policymakers this week, urging clarity and simplification in how the Tax Cuts and Jobs Act impacts small business (SMBs) accounting rules. The letter outlined eight recommendations for the Tax Cuts and Jobs Act.

Taxes 100

Taxes Capital Compliance Survey 100

PYMNTS

JANUARY 25, 2018

More than half of companies surveyed by SWIFT and Dow Jones Risk & Compliance last year said they plan to invest in RegTech in the coming years, and most agree that technology has enabled a greater ability to remain compliant with key regulations surrounding anti-money laundering , Know Your Customer and more. In the U.S.,

Compliance 148

Compliance Regulation Resources Survey 148

PYMNTS

MARCH 21, 2018

Globalization, while supporting business growth, places new pressures and challenges on the payroll department — particularly when it comes to compliance and the need to manage regulations that continue to evolve both within and across borders. A survey of 812 HR and payroll professionals in the U.S.

Compliance 109

Compliance Survey Resources Regulation 109

FICO

MAY 25, 2017

million digital records exposed the dark deeds of dirty money and tax evasion and burst the bubble of pretense that the world is effective at dealing with corruption. One in five banks in Asia Pacific say that they expect tax evasion to increase 100 to 500 percent over last year’s levels according to a recent poll by FICO.

Taxes 40

Taxes Survey Compliance Regional 40

FICO

MARCH 6, 2020

Visma Connect recently interviewed Jürgen Krieg, FICO's head of global compliance sales. In this excerpt from that article, Jürgen elaborates on the importance of compliance. . At FICO, I am responsible for planning and implementing growth strategies to develop new markets, and the expansion of our compliance business globally.

Compliance 81

Compliance Technology Fraud Analytics 81

PYMNTS

SEPTEMBER 5, 2019

Governments rely on tax revenues to fuel the vital services they provide to residents and businesses – from firefighting and public education to water system repair and road maintenance. Retail sales taxes have long been key sources of state governments’ budgets and have been their greatest single stream of revenue since the mid-1900s. .

South Dakota 116

South Dakota Taxes Policies North Dakota 116

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. The report surveyed U.K. million in estimated refunds were paid by U.K.

Philadelphia 178

Philadelphia Fraud Taxes Survey 178

Abrigo

SEPTEMBER 19, 2016

Identifying service opportunities is especially important for firms looking to transition from a focus on compliance services , such as tax and audit, to value-added advisory services that might generate higher margins. After all, accountants are commonly known as providing services such as tax preparation and audits.

Taxes 150

Taxes Compliance eBook Resources 150

PYMNTS

FEBRUARY 8, 2018

If death and taxes are sureties, insurance payments rank up there, as people insure homes and autos and apartments against any number of calamitous scenarios. Only 23 percent of those surveyed are satisfied with the way insurance firms disburse payments — nearly at the bottom of the barrel.

Taxes 101

Taxes Payments social media Policies 101

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

FICO

JANUARY 22, 2020

We recently conducted a survey with banks in the region and found that 4 out of 5 (78 percent) have seen their fraud losses increase. The survey bore this out with 40 percent of banks in FICO’s survey naming social engineering as the number one fraud concern when it comes to real-time payments. by Dan McConaghy.

Survey 52

Survey Fraud Payments Regional 52

Abrigo

JANUARY 25, 2016

Routine meetings with business clients, such as those ahead of or after tax season, tend to cover housekeeping items related to preparing financial statements, tax payments or tax returns. Understandably, the accountant’s near-term goal is to make the upcoming tax season proceed smoothly.

Meeting 150

Meeting Taxes Survey Strategy 150

Abrigo

JUNE 30, 2017

The recent Accounting Firm Operations and Technology Survey (AFOT), available as a PDF eBook at CPA Trendlines , produced by Randolph P. percent provide tax preparation services. percent provide tax preparation services. The difference in consulting and compliance services can be vast when regarding price and staff requirements.

eBook 220

eBook Compliance Taxes United States 220

PYMNTS

SEPTEMBER 20, 2017

According to researchers, employees have control over how their employers compensate them, and they should be diligent about their tax withholdings not only for compliance purposes, but to ensure they receive funds the way they want. workers, cited by more than 42 percent of survey respondents. While the U.S. While the U.S.

Taxes 100

Taxes Survey Compliance Regulation 100

PYMNTS

SEPTEMBER 12, 2019

The Cost of Compliance. The projected 2020 cost of AML compliance across all U.S. were equally split between regulatory compliance (69 percent) and reputational risk (69 percent), though reputation was a larger motivation among larger companies. financial institutions (77 percent) for AML compliance. imposed a full $23.52

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

PYMNTS

JULY 31, 2018

Small business financing company Fundera released the results of a survey assessing how entrepreneurs make purchases for their companies. Fundera emphasized that business owners can run into trouble with tax compliance by mixing personal and business purchases on their company cards.

Survey 103

Survey Cards Compliance Taxes 103

PYMNTS

MARCH 14, 2019

The two published their newest “ Treasury Perspectives ” survey this week, a report that polled corporate treasurers and finance executives about their plans and economic outlook. The 340 survey respondents, based mostly in North America and Europe, revealed their rising concerns over political gridlock in the U.S.

Fraud 115

Fraud Survey Taxes Regulation 115

PYMNTS

DECEMBER 22, 2016

Tax reform takes the top spot of regulations SMEs are watching most closely, Paychex said in its release of the survey results Wednesday (Dec. According to analysts, a Republican-controlled Congress means tax reform may come early in the Trump administration, and plans for such action include cuts to business tax rates.

Regulation 100

Regulation Taxes Pennsylvania Compliance 100

PYMNTS

MAY 23, 2017

Written in conjunction with Forbes, the report, which surveyed C-Suite executives from U.S. According to TMF, just 12 percent of survey respondents cited decreasing operational costs and boosting cost efficiency as their top motivation behind exploring international markets. is getting very hot on compliance,” he said.

US 100

US Compliance Taxes Trends 100

Abrigo

JANUARY 18, 2016

How an electronic tax return reader provides more time for advisory services As accountants and their staff scramble to complete client W-2s and 1099s to meet other deadlines related to the start of tax season, it’s hard to see an end to the crazy schedules.

Taxes 150

Taxes Meeting Analysis Data 150

PYMNTS

FEBRUARY 18, 2020

FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2. Requiring multifactor authentication (MFA) could add frictions to companies’ payment systems and customer experiences, but such tools are necessary to enable smart authentication and compliance decisions.

Fraud 131

Fraud Customer Experience Compliance Survey 131

PYMNTS

DECEMBER 2, 2019

million tax-exempt groups active in the U.S., These organizations need to demonstrate to donors and community members that donations were spent appropriately to retain tax-exempt statuses and encourage future donations. . There are approximately 1.56 The agency found these nonprofits generated $2.5 trillion in revenues and $2.4

Management 141

Management Taxes Groups Regulation 141

ABA Community Banking

OCTOBER 1, 2019

Heated competition for bank funding is an increasingly important focus for community bank leaders, according to an annual survey released today by the Federal Reserve, the FDIC and the Conference of State Bank Supervisors. The post Survey Finds Cost of Funds Top of Mind for Community Bankers appeared first on ABA Banking Journal.

Survey 49

Survey Community FDIC Community Bank 49

Abrigo

NOVEMBER 28, 2014

How many times have you had to refer a client out to another financial services firm because your firm is too busy putting out fires with tax and audit work to provide business analytics or other advisory services ? At the same time, owners obviously have unmet needs related to growing their companies.

Taxes 191

Taxes Survey Technology Comparison 191

PYMNTS

JUNE 15, 2018

In the Middle East , RAK Bank has said it will offer Sage accounting software to business banking customers, in an agreement that helps those firms manage value-added tax (VAT) compliance mandates. The software firm, Sage, has had five of its accounting offerings focused on VAT, accredited by the UAE Federal Tax Authority.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

SEPTEMBER 16, 2019

On the Continent — and Taxes in Sight. Google’s own regulatory and tax issues extend well beyond domestic markets. As has been reported, larger tech firms, with international presence, have been under examination for allegedly paying less tax than is owed in certain countries in which they do business. GDPR Compliance Lacking.

social media 122

social media Google Taxes Arkansas 122

PYMNTS

JANUARY 27, 2020

This is where accounts payable (AP) automation is making a major difference, streamlining the onboarding of gig personnel, automating tax compliance for their W-9s, paying global freelancers in local currencies, reconciling payments and integrating with ERP systems. New York State’s Dependent Worker Act is similar.

Software 220

Software New York Taxes Compliance 220

BankBazaar

JANUARY 31, 2021

The National Sample Survey Office conducted a survey between 2017 and 2018, sampling 113,823 urban and rural households. The survey reported that out-of-pocket expenses for a single hospitalisation in private hospitals costs Rs. However, in case of serious tax-evasion cases (Rs. The findings indicate that a whopping 85.9

Metro 122

Metro Taxes National Survey 122

PYMNTS

FEBRUARY 5, 2018

Analysts at CBIZ noted that SMBs will have to wait to feel any meaningful impact from tax reform, and with the economy growing, the nation is close to full employment. But a more holistic look at analysis of small business hiring finds cause for optimism, especially as SMBs prepare to benefit from tax reform.

Taxes 101

Taxes Analytics Data Analysis 101

PYMNTS

SEPTEMBER 20, 2017

The tool integrates bookkeeping and management of financial statements, as well as both personal and corporate tax returns, the company added, and acts as a platform to facilitate collaboration between accountants, bookkeepers, business owners and other service providers.

Compliance 108

Compliance Taxes Analytics Management 108

Abrigo

MAY 23, 2017

While some believe the fear mongering is overdone, many firms in the accounting profession are nonetheless seeking to move from the kind of backward-looking compliance work (such as tax preparation and auditing) that is increasingly automated.

eBook 150

eBook Compliance Taxes Study 150

Abrigo

JANUARY 20, 2015

Experts have been saying for years that accounting firms’ clients in the future will seek less help related to compliance and more advisory help managing their business. For a handy list of topics that can help you get the conversation going, download a free worksheet, “ Tax season prep: A worksheet for client meetings.”

How To 150

How To eBook Taxes Meeting 150

Abrigo

JANUARY 19, 2016

In the AICPA’s 2013 Forensic and Valuation Services Membership Top Issues Survey , bringing in new clients was the top issue among CPAs in firms ranging from sole practitioner to large full-service public accounting firms and in forensic and valuation specialty practices. ESOP plans necessitate valuations for regulatory compliance.

Taxes 150

Taxes Regional Compliance Survey 150

Abrigo

JULY 17, 2017

While accountants express the desire to generate a large share of firm revenue from providing advisory services , survey data has shown that many firms derive very little revenue from the types of value-added, consultative services that comprise advisory. Recognize that there are set stages in the way you approach these services,” he says.

Honolulu 150

Honolulu Taxes eBook Leadership 150

Abrigo

DECEMBER 17, 2014

Demand for valuation services is growing, according to a recent AICPA survey , with increased opportunities expected in shareholder/partner disputes, contractual disputes, family law, and gift and estate taxes, among other areas. Competition and fee pressure. Time is money. Attracting and retaining qualified staff.

Analysis 207

Analysis Compliance Survey Guidelines 207