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

PYMNTS

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments and consumers around the world. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report. Regulation.

Maryland 151
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Phishing Scams Target SMBs Seeking COVID Aid

PYMNTS

The information security and technology news publication said tricksters, trying to take advantage of vulnerable Americans, have been sending out emails impersonating the Small Business Association’s (SBA) Payment Protection Program (PPP). The COVID-19 pandemic, like other disasters, has created a playground for cybercriminals.

Taxes 159
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What are opportunities for accountants to provide advisory services?

Abrigo

Accounting, audit and tax services are unlikely to be the growth engines of the accounting profession in the coming years. Technology is also making it easier to scale new advisory services, such as business valuation. Learn more: “ Beginner’s Guide to Providing Business Advisory Services.”

Exercises 150
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Creating Installment Payment Plans For Accountants, Lawyers And Other Professionals

PYMNTS

But trying to save some money by getting good advice on the cheap is an exercise in futility, QuickFee CEO Bruce Coombes told Karen Webster in a recent discussion. Consider the example of a business that needs $10,000 of tax work done. The technology to solve this problem is there,” Coombes said.

Payments 192
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Why No Brand May Be The Best Brand

PYMNTS

The secret to what brandless offers, according to CEO Tina Sharkey, is the company’s elimination of what she calls the “brand tax.” That tax, she noted, encompasses marketing, retailer margins and other expenses that can typically push up prices on brand-name beauty products by as much as 30o percent.

Branding 100
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Bitcoin Regulatory Roundup: SEC Swoops In On The Crypto Company After Surge

PYMNTS

Malibu, California-based Crypto calls itself “one of the first publicly traded technology companies” providing investors with “responsible access” to digital currencies and blockchain. Securities and Exchange Commission (SEC) has suspended trading for The Crypto Company shares until Jan. The company has a valuation of $11.9

Bitcoin 101
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Building A More Compliant Cannabis Industry With The Blockchain

PYMNTS

Payments for goods between suppliers, wholesalers and retail distributors are in cash; payments to employees are in cash; tax payments are in cash; even paying the power company and water bill are contingent on cash. Ralston argued it’s a situation blockchain technology is uniquely well-suited to solve.