PYMNTS
SEPTEMBER 21, 2020
Idaho's Trade Nicely is working to implement a new bartering-style system where companies can trade their nonperforming assets like debt, accounts receivables and outstanding balances, rather than having to pay to get rid of them, a press release says. It will also have the benefit of giving them tax advantages as they unload debt.
PYMNTS
JANUARY 22, 2020
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. Instant payments are lauded for their convenience, ease and most importantly, for their speed.
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CFPB Monitor
OCTOBER 22, 2020
Falsely threatening debtors with arrest, criminal prosecution, service of legal process at their residences or workplaces, civil lawsuits, civil liabilities or penalties, wage or tax-refund garnishments, liens on vehicles and homes and the freezing of assets. Using profane or abusive language when communicating with debtors.
TrustBank
APRIL 26, 2021
percent payroll tax on all employee wages, beginning January 1, 2022. Is There a Cap on the Amount of Wages That Are Taxed? All wages including stock-based compensation, bonuses, paid time off, and severance pay, are subject to the tax. Which Employees Are Subject to Tax/Premium Collections? 04, will be funded by a 0.58
PYMNTS
JANUARY 24, 2020
Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. The IRS has accepted digitally filed tax documents and issued digital refunds for years, and it received approximately 29 million electronic returns via direct deposit between February 2018 and February 2019.
PYMNTS
MARCH 13, 2020
In Oregon, Mastercard is working with a department of revenue officials to improve their direct deposit architecture, while in Idaho the desired improvement is a wider project that would tie tax, healthcare and other types of public disbursements into an online platform. “We
PYMNTS
JANUARY 21, 2019
Idaho, Colorado, Maryland and Washington, D.C. As well, “businesses will eventually be able to display advertisements on the plate targeted to specific locations made available through the system’s telematics.”. There are already signs that certain government identification forms, such as drivers’ licenses, are going to go digital.
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