PYMNTS
MARCH 13, 2020
Tax season frustrations can blossom into real financial problems, especially when refunds are paper checks sent through postal mail. tax code changes passed in 2017 did not soothe these frictions, either, as they shifted income brackets and altered rates, affecting consumers’ refunds and earnings.
CFPB Monitor
MAY 13, 2022
The Treasury Department’s General Explanations of the Administration’s Fiscal Year 2023 Revenue Proposals includes a proposal concerning how EWA programs should be characterized for tax purposes. It would also add a definition of on-demand pay arrangements to the IRC.
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PYMNTS
JANUARY 27, 2020
Now, under the current leadership of Kathy Kraninger, the more explicit definitions that seek to address what some critics had said were “vague” may curb the scope of what is considered abusive practices. In the most recent action, the CFPB said that the new definitions will help to better manage “scarce resources.”
PYMNTS
AUGUST 3, 2020
But he said merchants also fear taxes. Governments in the region often give full-throated support for digital payments because they make it that much easier for authorities to tax the flow of funds. Small, cash-based merchants don’t see systems that fully declare their income to the government for tax purposes as a winning feature.
PYMNTS
OCTOBER 2, 2019
All of the investments in Deliveroo’s business helped to push worldwide sales to £476 million, but the company’s pre-tax losses grew 16.6 We are leading the field in innovation in food delivery, helping our restaurant partners to boost their sales and providing more well-paid work for riders.”
CFPB Monitor
JULY 20, 2022
As discussed in an earlier blog post , the California Department of Financial Protection and Innovation (“DFPI”) issued an Invitation for Comments on the Proposed Second Rulemaking under the Debt Collection Licensing Act (“DCLA”) on August 19, 2021.
PYMNTS
MAY 21, 2018
Adobe has entered into a definitive agreement to acquire Magento Commerce for $1.68 Supported by a community of more than 300,000 developers, the Magento partner ecosystem provides thousands of pre-built extensions for functions such as payments, shipping, tax and logistics. billion, subject to adjustments.
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