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Crypto Fails To Impress For Corporate Tax Payments

PYMNTS

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. According to Good Audience , hundreds of thousands of retailers currently accept cryptocurrency.

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Saving Main Street: Cities Pick Up The Recovery Role

PYMNTS

Cities are starting to supplement the federal government in an effort to save Main Street businesses from the destructive economic effects of the COVID-19 pandemic. For example, Seattle announced that it will allow eligible businesses to defer business and occupation taxes and expand its Small Business Stabilization Fund.

Maine 141
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A Rough Map To The New World Of Online Sales Taxes

PYMNTS

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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Microsoft, ADP Combine Business Management, HCM Data

PYMNTS

Microsoft and human resources management company ADP are partnering for a holistic business management solution that combines financial and human capital data analytics, the companies recently announced.

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Ontario Systems Buys SwervePay To Boost Electronic Payments

PYMNTS

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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DAIBB- Management Accounting Answers: Definition of Management Accounting and Scope of Management Accounting

FluentBanking

Management Accounting also called managerial accounting or cost accounting is the process of analysing banking or business costs and operations to prepare internal financial report records and account to aid managers decision making process in achieving banking or business goals.

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Why Corporate Lease Management Is Headed For An Overhaul

PYMNTS

Along with regulatory action from tax reform and tougher Know Your Customer (KYC) rules adding the pressure of complex red tape, public companies need to add one more compliance concern to their list: changes to accounting standards by the Financial Accounting Standards Board (FASB). “In many ways, they are.” ”