article thumbnail

What The Streamlined Sales And Use Tax Agreement Means After Wayfair

PYMNTS

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Even businesses eager to pay their share, however, may feel that complying with tax laws is complicated. . SSUTA’s Role in South Dakota v.

Taxes 141
article thumbnail

Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

Group Seeks to Block Maryland Online Advertising Tax. Marylanders for Tax Fairness is preparing for a battle in January over the state’s attempt to make a digital advertising tax, the Baltimore Sun reported. Maryland legislators ratified the tax earlier in 2020, but Gov. Larry Hogan vetoed the levy. percent to 10 percent.

Maryland 151
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses

PYMNTS

Defaults are high, with borrowers facing all sorts of actions as lenders try to get the unpaid money, including filing lawsuits, garnishing wages, putting liens on properties and seizing refunds from taxes. From 2012 to 2017, officials reported greater than 5,400 individuals to professional license agencies because of unpaid debt.

article thumbnail

Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods.

Idaho 130
article thumbnail

Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

HQ: Nashville, Tennessee. Income tax preparation app. Tags: Consumer, tax prep. Source: Finovate. i3 Verticals. Payment processing. Latest round: $10 million. Total raised: $10 million. Source: FT Partners. 401(k) platform. Latest round: $9.5 million Series A. Total raised: $12.84 Equipment lease management software.

Company 12