PYMNTS

JULY 1, 2019

With the idea of pegging Libra’s value to a basket of international currencies, Facebook ’s proposed cryptocurrency would bring tax challenges to European users, per tax lawyers. However, the tax would only be payable in the event that total capital gains are more than the annual capital gains tax exemption of £12,000.

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Taxes social media cryptocurrency Capital 115

Bank Innovation

AUGUST 21, 2017

We are not engaged in it right now,” Greg Lull, Chief Marketing Officer at Credit Karma, told Bank Innovation. Could it leverage its consumer data to branch out into the popular PFM space? But I wouldn’t take it […].

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Taxes Innovation Data Management 345

PYMNTS

JANUARY 22, 2020

Big Tech, too, of course, and digital taxes. Separately, IBM CEO Ginni Rometty told CNBC from Davos that artificial intelligence should be subject to “precision regulation … you want to have innovation flourish and you’ve got to balance that with security.” And Digital Taxes. have been considering or embracing digital taxes.

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Taxes Regulation Conference National 131

PYMNTS

JANUARY 29, 2020

businesses are likely already feeling tax season’s pressures. Filing is exhausting and complicated for individuals, and businesses experience those tax difficulties to a far greater degree. SMBs And Manual Tax Frustrations. Digitizing these processes can ease SMBs’ tax frustrations. Spring may seem far away, but U.S.

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Taxes Fraud Tools System 141

PYMNTS

OCTOBER 4, 2019

The state of Ohio has decided to end its support for bitcoin tax payments, state Treasurer Robert Sprague announced this week. In a statement published on Sprague’s official website this week, the treasurer said “OhioCrypto.com,” the website that allows businesses to pay their taxes in cryptocurrency, would be suspended immediately. “It

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Ohio Taxes Bitcoin Payments 109

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

JANUARY 10, 2018

Stripe has announced an addition to its Stripe Atlas toolkit that will help founders file their corporate tax returns in minutes. This new tool can be especially important for resource-strapped startups, which often have difficulty with the tax process even with the help of an adviser. In addition, the recent U.S.

Taxes 168

Taxes Tools Delaware Resources 168

Bank Innovation

MARCH 23, 2017

investors is at its highest point since 2000, but most would still place any money from a (unlikely) tax cut right into the bank. While the majority of investors aren’t expecting a slash to their taxes, 47% of them would put the additional money towards improving their financial health, and only 8% […]. Optimism among U.S.

Taxes 170

Taxes Capital Online Technology 170

PYMNTS

SEPTEMBER 6, 2017

Sweden is looking to become an epicenter for entrepreneurs and hopes to entice small businesses to set up shop, thanks to tax legislation changes in the country. Reports said legislators are also planning to lessen payroll taxes for small businesses. Reports Tuesday (Sept. billion for extra spend. percent, higher than that of the U.K.

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Taxes National Report Groups 128

Payments Source

APRIL 11, 2019

Tax-related identity theft can be especially worrisome, not only for the monetary consequences it carries, but tax documents often contain highly sensitive information, like Social Security numbers, writes Paige Schaffer, president and COO of Generali Global Assistance’s Identity and Digital Protection Services Global Unit.

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Taxes Security Fraud Innovation 69

PYMNTS

JANUARY 17, 2018

Tax preparation firm H&R Block announced Tuesday (Jan. Under the terms of the deal, H&R Block will become the sole provider of tax software available at Walmart stores. “At 16) that it would link up with megaretailer Walmart in what is being billed as an exclusive partnership, according to Globe Newswire reports.

Taxes 108

Taxes Software Kansas City Kansas 108

Payments Dive

MARCH 5, 2020

tax policy at Avalara, explains why the technological innovation taking place across the convenience store industry has drastically increased the burden of product management, compliance, and shipping on businesses placing their stake in the omnichannel landscape. Scott Peterson, VP of U.S.

Taxes 371

Taxes Policies Compliance Innovation 371

Abrigo

OCTOBER 21, 2015

Every year, accountants brace themselves for the inevitable tax season. For many accountants, unfortunately, tax season means that lucrative consulting work that can diversify revenue and bolster firm growth throughout the year gets put on hold in order to handle the mountains of personal and business tax returns.

Taxes 150

Taxes Capital Meeting Analysis 150

PYMNTS

SEPTEMBER 9, 2019

It’s also the start of another football gambling season — one that involves mobile commerce and digital payments, and companies trying to innovate their way to success in this growing field of transactions. More Innovation. Such desire for speed is also helping to drive innovation in other forms of gambling-related payments.

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Innovation Payments Taxes User Experience 137

Abrigo

APRIL 14, 2017

A credit risk manager at one bank with $900 million in total assets estimated that her team received approximately 8,220 tax returns in the 2015 calendar year. Last week, Barlow Research, the foremost authority on commercial banking, announced that Sageworks won top honors in its 2017 Monarch Innovation Awards.

Innovation 150

Innovation Taxes Analysis Lending 150

PYMNTS

MAY 7, 2018

China introduced new tax initiatives aimed at bolstering the nation’s entrepreneurs, according to local news reports on Friday (May 4). Vice finance minister Cheng Lihua introduced seven new tax policies during a press conference Friday, with the goal of saving small businesses $9.45 billion a year, reports from Xinhua said.

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Taxes Policies Conference Training 100

Bank Innovation

MARCH 3, 2016

With tax season upon our furrowed brows, a cursory view of this list may lead one to think everyone is doing taxes on his phone. The Internal Revenue Service’s own IRS2Go and Intuit, Inc.’s ’s TurboTax apps both joined the ranks of the Top Ten for iOS users, pushing out GEICO Mobile and Read More.

Taxes 150

Taxes Mobile Google Apple 150

PYMNTS

APRIL 16, 2018

India’s YES BANK is tapping into tax data to expand small business (SMB) lending. Reports in MENAFN on Friday (April 13) said the company plans to offer loans to micro, small and medium-sized businesses based on their Goods and Services Tax (GST) returns. Singapore, Germany and Hong Kong.

Taxes 108

Taxes Data Lending Analysis 108

PYMNTS

SEPTEMBER 8, 2020

The FAA supports innovation that is beneficial to the public, especially during a health or weather-related crisis.”. Big Tech Updates Fees to Reflect UK Digital Services Tax. Apple announced upcoming tax changes for apps and in-app purchases to include tax law changes in the U.K. customer charges to cover the new tax.

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Taxes Google Apple social media 131

Bank Innovation

MARCH 31, 2016

Maybe tax season has mobile users worrying about their credit history, or contemplating borrowing some cash? Tax worries seem to already be a thing of the past. Last week Credit Karma passed Chase Mobile to slip into first place on both Android and iOS platforms.

Taxes 150

Taxes Google Mobile America 150

PYMNTS

APRIL 12, 2017

Identity company MorphoTrust USA looks to put a dent in tax fraud and theft by adding an additional layer of authentication security into the mix. The shift toward stronger authentication comes as tax season increasingly becomes the biggest holiday of the year for fraudsters. Magee, commissioner of the ADR.

Alabama 101

Alabama Taxes Fraud Florida 101

PYMNTS

SEPTEMBER 28, 2017

The startups and small businesses that innovate aren’t just coming up with new technologies — they’re creating entirely new business models that, while progressive, can place increasing pressure on cash flow management for the enterprise. This is the type of market Venbridge has in mind. They have a huge need for cash.

Innovation 101

Innovation Taxes Capital Software 101

PYMNTS

OCTOBER 25, 2019

We have deep, data-supported dives on Apple Pay, the outlooks for payments innovation in the 2020s, web sales taxes and Amazon’s holiday shopping season news. Ten Years Of Payments Innovation And Reinvention. NRF On The Case For Revising eCommerce Sales Tax Laws. What a week it’s been! The 2018 South Dakota v.

Apple 101

Apple Innovation South Dakota Taxes 101

Bank Innovation

APRIL 14, 2016

Credit Karma is still king, but tax preparation apps and investment apps also made a strong showing in this week’s app rankings. This week in the chronicles of apps in the shadow of Credit Karma’s dynasty (first of its name, guardian of credit), some interesting newcomers have joined the top 20 this Read More.

Taxes 150

Taxes Capital Online Management 150

Bank Innovation

MARCH 19, 2019

Most [virtual assistants] are chasing reactive customer questions,” Dodelin told Bank Innovation. “We Most virtual assistants are reactive, but Capital One is training its virtual assistant, Eno, to be proactive, according to Ken Dodelin, VP of conversational AI products at the bank.

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Training Capital Taxes Innovation 170

PYMNTS

MAY 10, 2019

The Information Commissioner’s Office (ICO) conducted the investigation after receiving the complaint, and found that the tax office collected the data illegally. Innovative digital services help make our lives easier, but it must not be at the expense of people’s fundamental right to privacy,” said Deputy Commissioner Steve Wood.

Taxes 108

Taxes Data System Groups 108

PYMNTS

FEBRUARY 15, 2019

To create a smart city on the waterfront of Toronto, Alphabet ’s Sidewalk Labs is reportedly looking for a share of development fees, increased land value and property taxes for the project in the Canadian city. The funds would reach roughly $6 billion over a period spanning three decades, CNBC reported.

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Taxes Report Technology Innovation 116

PYMNTS

APRIL 4, 2018

Each edition of the Tracker will highlight the innovations and players that are raising the payment bar to develop more intelligent payment systems and processes. How Smarter Payments are Enabling Instant Tax Refunds. Approximately 15 million tax filers begin the process of getting a refund in January.

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Taxes Report System blockchain 100

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. . A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws. Gov’t Fights States’ Bid To Block Sprint, T-Mobile Merger Saying Move Would Slow 5G.

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Taxes Mobile Management blockchain 101

PYMNTS

MARCH 1, 2018

75 percent | Portion of payments budgets that top-performing businesses allocate toward innovation projects, according to the most recent PYMNTS Innovation Readiness Playbook , an i2C collaboration. The Indian program provides individuals with a 12-digit ID code based on location and biometric data.

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Innovation Data Taxes Lending 100

PYMNTS

JULY 29, 2020

and a can-do spirit), a country that rewards ambition and innovation — and where individual success stories of, say Google and Amazon customers are folded into the testimony in efforts to show how tech can help smaller firms pivot and embrace the great digital shift.

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Innovation Apple Google Texas 168

Bankelele

JULY 28, 2018

The post EABL: Beer, Taxes, Innovations, Tanzania. It was a tale of two halves with flat growth in the first half of the year which coincided with Kenya ’s prolonged electioneering period and which affected sales of its products such as Senator lager, an affordable beer brand. But the second […]. appeared first on Bankelele.

Taxes 28

Taxes Innovation Branding 28

FICO

JUNE 11, 2019

Tax agencies have a limited amount of resources to pursue tax compliance activities (collections and audit). Tax Compliance - Why Use Analytical Models at Tax Agencies? The IRS, among other tax agencies are investing in predictive analytics. Tax Compliance - Predictive Analytical Models. Three Types.

Taxes 58

Taxes Analytics Compliance Resources 58

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.

Taxes 78

Taxes California Regulation Exercises 78

Bank Innovation

APRIL 5, 2017

The free digital investment advisor, WiseBanyan, is prepping a series of “Premium Packages” for an array of its financial products, Bank Innovation has learned. The first of the packages, Tax Protection, went live today, according to the company’s co-founder Vicki Zhou.

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Taxes Innovation Fintech Operations 207

South State Correspondent

MARCH 21, 2023

This article breaks down how you can use the ERC Assist product to generate deposits in an innovative way. ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. These professionals have tax knowledge, accounting expertise, and a proven track record. In 2020, the U.S.

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Taxes Community Bank Community Operations 195

PYMNTS

SEPTEMBER 5, 2017

With a growing number of automated machines performing jobs and tasks that could eliminate jobs, one San Francisco official is pushing a statewide “tax” in California on robots that put people out of work. And even Bill Gates suggested earlier this year that a robot tax could slow down automation and give people time to prepare.

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San Francisco Taxes San Jose United States 108