PYMNTS

NOVEMBER 11, 2019

The state of Missouri is reportedly considering a ban on cash tax payments, a move that has raised concerns for local legal marijuana businesses that are struggling to obtain banking services and relying on cash to remain in operation. On a national level, the U.S.

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Taxes Missouri Payments National 101

PYMNTS

JANUARY 6, 2020

As 2020 dawns, regulators are continuing to focus on taxes and possible anti-competitive behavior on the part of tech’s marquee names. One continuing theme that will play out into the new year (and well beyond): taxes. The tax took effect at the beginning of this year. government’s investigation into industry regulations.

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Taxes Regulation Samsung Google 131

PYMNTS

OCTOBER 19, 2020

Here’s the latest news from Amazon and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs, trade organizations and politicians globally. OECD’s Tax Reform To Be Presented To G20. The OECD forecasted that the measures could bring in a further $100 billion in business tax revenues each year. .

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Taxes Compliance Regulation Google 143

PYMNTS

JANUARY 10, 2019

After the holiday season comes tax season — everyone’s favorite time — but at least the payment of taxes, along with the tax refund process, promises to become even more digital this year. And digital payers are striving to win more business from tax filers this year. Rise of Quicker Payments. New Products.

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Taxes Payments Report System 120

PYMNTS

SEPTEMBER 15, 2020

The world needs a FinTech operating system.”. As a result, he said, in the past no one got debit cards except large businesses — and even as the financial services industry moved to chip and pin, banks never caught up. The world doesn’t need another bank,” Poovala told Webster.

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System Operations Fintech Taxes 258

PYMNTS

FEBRUARY 7, 2019

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative. percent rate.

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PYMNTS

FEBRUARY 26, 2019

to allow businesses to pay their corporate taxes in bitcoin. During the first tax season in which crypto payments were an option for Ohio companies, only two businesses in the state actually used cryptocurrency to do so. Some industry innovators are looking to drive change, however.

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Taxes Ohio cryptocurrency Payments 145

PYMNTS

SEPTEMBER 27, 2019

Countries around the globe are launching new digital sales taxes in efforts to improve their revenue streams and create more balanced business environments for domestic brick-and-mortars and foreign eCommerce marketplaces. Around the Next-Gen Sales Tax world. in response, threatened a variety of retaliatory taxes.

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Taxes Trends Policies Compliance 109

PYMNTS

APRIL 5, 2018

Filing taxes is hardly a walk in the park. Fortunately, online tax filing solutions have helped cut through the mounds of paperwork that go into preparation and filing — and consumers seem to be rejoicing. The average federal tax refund is $2,960 — $3,091 for direct deposit filers — as of March 2018.

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Taxes Tools Payments Cards 100

PYMNTS

JUNE 22, 2018

Supreme Court opened the door to state collection of sales taxes for eCommerce purchases, questions swirled about software, Congressional action, marketplace sellers and how consumers would react. Speculation about hassles caused by a lack of tax-calculating software is a “nonissue,” he added. A day after the U.S.

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Taxes Online South Dakota Retail 114

PYMNTS

NOVEMBER 16, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments and consumers around the world. Group Seeks to Block Maryland Online Advertising Tax. Maryland legislators ratified the tax earlier in 2020, but Gov. Regulation. Tencent: Big Tech Firms Need Greater Oversight.

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Maryland Taxes Online Groups 151

PYMNTS

MAY 8, 2020

Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Pennsylvania reported similar figures, with tax revenues from brick-and-mortar gambling declining to $50.5 Such sites are expecting major growth in the U.S., reaching a value of $102.9

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Online Industry New Jersey Pennsylvania 176

South State Correspondent

JUNE 7, 2023

Bank ERC Background Bank ERCs is a refundable tax credit available to businesses, including financial institutions, affected by the global pandemic as granted under the CARES Act and modified by the Relief Act. ERC Assist is SouthState’s unique service customized for the banking industry.

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Taxes Meeting Operations ATM 195

PYMNTS

AUGUST 29, 2019

“There’s a lot of power for students to enter this industry and help take control of it,” said Cornell Blockchain club co-founder and recent graduate Joseph Ferrera. “If In other news, Portugal’s Tax Authority has announced that both cryptocurrency trading and payments in crypto will not be taxed in the country.

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Course Taxes Bitcoin blockchain 116

PYMNTS

AUGUST 23, 2019

Payroll provider OnPay is collaborating with accounting software company Xero to bring back-office services to the agricultural industry, Accounting Today reported on Wednesday (Aug. It’s our mission to make payroll easy for every small business,” said Mark McKee, president and chief operating officer of OnPay, in a statement.

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Industry Software America Taxes 112

South State Correspondent

MARCH 21, 2023

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. Community banks can now white label this same product to onboard and process employee retention tax credits for the bank’s small business customers AND prospects. In 2020, the U.S.

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Taxes Community Bank Community Operations 195

PYMNTS

DECEMBER 4, 2018

3), the services offered from the TD Wealth Management for Healthcare Practitioners group include access to senior private bankers, investment managers, financial planners and lending specialists with expertise in the healthcare industry. Announced in a press release on Monday (Dec.

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Industry Management Taxes Lending 128

PYMNTS

APRIL 12, 2016

China has some new taxes on goods imported through eCommerce sites, though it has also removed some duties that had previously been assessed. Food will now import at a higher duty price; previously the tax was 10 percent. Instead, it will wipe out those companies that were only seeking a policy loophole and operating in a gray zone.”.

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PYMNTS

APRIL 6, 2020

And unlike restaurant operators who find themselves in a similar position, there is just no way to box up an aerobics class and hand it off to a customer curbside. For the fitness industry, ClassPass CEO Fritz Lanman told Karen Webster, the last several weeks have been nothing short of “catastrophic” for the industry as a whole.

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Industry Video Community How To 176

PYMNTS

FEBRUARY 24, 2017

Any industry dealing with sensitive information is subject to potential breaches. With practically every industry in the world having finance intertwined in it for survival, financial records may be one of the most vulnerable areas for virtual break-ins. Does the type of blockchain use depend upon which industry is using it?

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blockchain Industry Technology Security 184

PYMNTS

DECEMBER 27, 2019

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . The country’s Superintendency of Industry and Commerce (SIC) reportedly said Uber went against market rules. A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws.

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Taxes Mobile Management blockchain 101

PYMNTS

MAY 6, 2020

The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. The Impact Of COVID-19 On The Online Gambling Industry. TurboTax is among the platforms seeking to make it easier for U.S.

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Online Taxes United States Industry 222

PYMNTS

NOVEMBER 29, 2017

The cannabis industry brought in a little over $6 billion in revenue in 2016 — a figure that some estimate will grow to as much $50 billion by the year 2026. The problem crops up with the “legal-ish” description of the weed industry. Where we come at it from, is there are not a whole lot of solutions available to the cannabis industry.

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blockchain Industry District of Columbia Florida 102

PYMNTS

MAY 19, 2020

Electronic payments processing is becoming “increasingly critical” for Ontario Systems’ customers, which mandated the acquisition of SwervePay acquisition, a payment facilitator in the accounts receivable management and healthcare industries.

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System Payments Taxes Software 239

PYMNTS

MARCH 1, 2020

The plans, if put forth, would constitute a huge shake-up for the accounting industry in the U.K., and would essentially ask for the firms’ audit and consulting operations to be separated. The regulator issued letters to those firms, known as the Big Four, Thursday.

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Regulation Taxes Industry Policies 230

PYMNTS

JANUARY 7, 2020

In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding. TaxBit was founded by software developers, tax attorneys and CPAs to automate and simplify tax compliance for crypto users. ” TaxBit will use the funding to speed up customer growth, and make its products better.

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Bitcoin blockchain Taxes Austin 132

South State Correspondent

JUNE 30, 2023

The Issue with Relationship Pricing and Profitability The US banking industry has been unable to consistently earn a return on capital equal to its average cost (approximately 11% over the last few decades). The graph below shows the industry ROE and ROA from 1984 to 2021.

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Resources Community Bank Capital Community 195

PYMNTS

MARCH 17, 2020

The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. The law opens up much more territory to these operations, which had only been permitted in areas zoned for industry. and San Francisco. Starting Jan.

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Retail Arlington San Francisco Milwaukee 135

PYMNTS

SEPTEMBER 24, 2020

In other news, the Ministry of Finance in Russia keeps advocating for digital currency industry rules through the introduction of new tax mandates, Cointelegraph reported. The body is reportedly aiming to bring about criminal responsibility for those that don't declare taxes on digital currency.

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National Report Taxes Bitcoin 121

PYMNTS

SEPTEMBER 3, 2020

The app was crafted to support the hospitality industry including restaurants, cafes and pubs for a fast and easy way to pay the check. It is estimated the industry lost nearly 30 billion pounds ($39.3 The feature can be used to adjust any change in the tax rate charged on food and non-alcoholic beverages.

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social media Taxes Online Payments 298

PYMNTS

NOVEMBER 1, 2018

In the rare instance that a new market emerges, using the blueprints that other industries have created in supply chain management, logistics, procurement and other areas may seem like the easy path to take. The fact that marijuana remains illegal under federal law means industry players struggle to access banking services.

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Taxes California Regulation Innovation 122

Independent Banker

MARCH 31, 2022

Here stood a group of experienced and passionate community bankers who have dedicated themselves to advocating for the industry they care so deeply about. The key is to demonstrate how additional regulatory burdens on the community banking industry will negatively affect the customers and communities we serve.

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Community Bank Community Industry Texas 239

Abrigo

MAY 22, 2020

One industry that has been relatively untouched, both from an economic standpoint and from a federal relief standpoint, is cannabis-related businesses (CRBs). The pandemic has highlighted the importance of the industry, while also resurfacing the challenges associated with banking CRBs. Know who you're banking with CRB monitoring.

Lending 195

Lending Industry Taxes Community 195

PYMNTS

MARCH 22, 2017

From serving food to mixing drinks, those in the service industry are in a constant mode of quality customer service at a quick speed. To reduce the burden for managers, Jitjatjo also handles all the HR responsibilities including interviews, background checks, gathering tax forms, performance reviews, timekeeping and payroll.

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Industry Taxes Comparison New York 100

PYMNTS

JULY 21, 2020

That’s going to be a really tough position for our industry.”. Tisch declined to provide occupancy rates at the two dozen luxury hotels Loews owns or operates in the U.S. “We were excited about reopening hotels … but sadly we are in states that are spiking so the numbers that we were starting to feel good about are reversing.

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Taxes Survey New York Security 189

PYMNTS

APRIL 15, 2020

Despite near universal agreement that AI holds the key to decoding numerous medical mysteries, at present one of its most valuable uses is fighting fraud, waste and abuse — FWA in the industry parlance — which threatens to worsen in the near term due to coronavirus-related cybercrime. healthcare operation in totally unexpected ways.

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Fraud System Taxes Report 254

PYMNTS

JULY 8, 2020

For the restaurant industry, the government is slashing taxes and funding vouchers to make dining out more affordable on Mondays, Tuesdays and Wednesdays in August. To jumpstart housing, the government is reducing and eliminating taxes on transactions. In the U.S.,

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Taxes National Policies Operations 141