PYMNTS

APRIL 10, 2019

One of the largest challenges for procurement chiefs today, according to Sovos VP of Strategy Christiaan Van Der Valk, is tax compliance, and it can easily trip up organizations as regulations become more complex — and as regulators’ strategies to ensure tax compliance become more sophisticated.

Taxes 139

Taxes Compliance Regulation Data 139

PYMNTS

DECEMBER 2, 2019

million tax-exempt groups active in the U.S., These organizations need to demonstrate to donors and community members that donations were spent appropriately to retain tax-exempt statuses and encourage future donations. . There are approximately 1.56 The agency found these nonprofits generated $2.5 trillion in revenues and $2.4

Management 141

Management Taxes Groups Regulation 141

PYMNTS

AUGUST 24, 2018

Electronic payments company ACI Worldwide is integrating its technologies with SPAN Enterprises , a tax filing technology provider, to power tax payments for the fleet industry. ExpressTruckTax provides compliance to the trucking fleet industry, as companies with vehicles operating on public highways have specific filing requirements.

Taxes 100

Taxes Payments Cards Industry 100

PYMNTS

NOVEMBER 25, 2019

Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on global Internet firms which will, as Reuters reports , be levied on revenues tied to Czech users across advertising, digital marketplaces and data sales.

Taxes 130

Taxes Google Data Regulation 130

PYMNTS

NOVEMBER 12, 2020

Progress Bank , which serves companies in Alabama and the Florida panhandle, has rolled out Sensibill ’s online receipt management offering, with the aim of conserving time, increasing efficiencies and offering a better digital experience for clients, according to a Thursday (Nov. 12) announcement.

Management 130

Management Alabama Florida Taxes 130

PYMNTS

JANUARY 3, 2020

In an interview with PYMNTS, Liz Armbruester, senior vice president of Global Compliance at Avalara , said 2019 represented a watershed year for tax compliance as states embraced the economic nexus model and passed marketplace facilitator laws. Imposing state taxes on out-of-state sellers is now the new normal, she said.

Online 132

Online Taxes Compliance Missouri 132

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.

Taxes 100

Taxes Tools Payments Cards 100

PYMNTS

JANUARY 27, 2020

The latest Workforce Spend Playbook examines how an increasingly younger workforce is changing employees’ and employers’ approaches to payment and expense spending, as well as the ways manual spending tools could hurt both during tax season and in spend reporting. Why Deft Spend Management Is Crucial To Successful Event Planning.

Management 160

Management Taxes Tools Metro 160

PYMNTS

SEPTEMBER 30, 2019

Scrutiny of tech firms is spreading across the globe, hinting at broader regulations over privacy and, possibly, bigger tax bills. In one example, Indonesia is “already preparing legislation” that would require tech companies with online services to pay value-added tax on local sales, the report noted. Libra, Too.

Taxes 133

Taxes Regulation cryptocurrency Google 133

BankBazaar

OCTOBER 1, 2022

Additional Reading: A Millennial’s Guide To Tax-Saving Investments. NPS is an easily accessible and portable retirement savings instrument that is low cost and tax efficient. As per the 1961 Income Tax Act, NPS offers tax benefits of up to Rs. Additional Reading: Opening An NPS Account Online.

Taxes 78

Taxes Policies National Management 78

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. For employers with 500 or fewer employees, all wages paid to employees can be qualified.

Taxes 195

Taxes Meeting Operations ATM 195

PYMNTS

DECEMBER 7, 2020

With the holiday shopping season in full swing amid the global pandemic, online commerce is booming. Despite a surge in sales, small businesses selling online can struggle to manage working capital, particularly as many rely on third-party marketplaces like Amazon that don't facilitate instant access to revenues.

Capital 356

Capital Online Tools Lending 356

PYMNTS

JANUARY 24, 2021

Cygnet Infotech promotes FACE as a product that handles not only conventional accounting processes, but also provides specialized handling of challenges around goods and services taxes. India uses its Invoice Registration Portal to track business activity and ensure compliance with tax laws.

Taxes 178

Taxes Compliance Software Fraud 178

PYMNTS

AUGUST 13, 2018

WeChat , an online messaging service operated by Chinese technology conglomerate Tencent, is looking to enhance its ability to facilitate employee expense reimbursements, and reports said the firm is exploring blockchain as part of the effort. CoinDesk reported Friday (Aug.

blockchain 102

blockchain Management Taxes Tools 102

PYMNTS

OCTOBER 3, 2019

The move means that users of Stripe’s payments platform can now connect to TaxCloud to manage their U.S. sales tax obligations via the company’s sales tax application programming interface (API). Wayfair last year, many online retailers now have to collect sales tax in additional states.

South Dakota 164

South Dakota North Dakota Taxes Retail 164

PYMNTS

AUGUST 20, 2019

Middle market companies need help navigating the complexities of accounts payable management, especially when it comes to cross-border, cross-currency payments. That’s especially important as businesses gain scale, as they expand reach into new geographic areas — and as they grapple with AP operations.

Management 127

Management Payments Taxes Software 127

Abrigo

JULY 15, 2015

The transition from compliance to consulting makes sense: tax season is just that, a “season,” and nearly 60 percent of respondents to a Sageworks survey indicated they saw an increase in total revenue by adding financial services to their accounting practice.

Management 150

Management Resources Capital Taxes 150

PYMNTS

JULY 21, 2020

Salesforce has announced a broad expansion of its Order Management offerings, including the ability for companies to let online shoppers complete purchases without leaving social media channels. Those include support for multiple languages and currencies and the capacity to calculate and display value-added taxes.

social media 145

social media Taxes Management Online 145

PYMNTS

SEPTEMBER 3, 2020

The iZettle Food & Drink debut in PayPal promises a simplified POS solution designed to provide hospitality businesses with ways to operate and grow their business. The feature can be used to adjust any change in the tax rate charged on food and non-alcoholic beverages.

social media 298

social media Taxes Payments Online 298

PYMNTS

SEPTEMBER 9, 2020

American Eagle Outfitters concluded Q2 with $899 million in cash and short-term investments, marking a rise from $317 million in 2019, after generating $173 million in operating cash flow in Q2. Management noted at the time that online sales had surged 33 percent. in revenue.

Taxes 131

Taxes Retail Branding Report 131

PYMNTS

DECEMBER 18, 2018

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. This means that in the SMB FinServ space, there is a significant market opportunity to target the accountant.

Management 134

Management Fintech Tools Technology 134

PYMNTS

FEBRUARY 28, 2020

One of the latest FinTech firms to do so is accounts payable (AP) automation company Centsoft , which recently announced a data integration with QuickBooks Online. Global expansion of business operations is one trend likely to place new pressures on AP departments, said Cichy — in more ways than one. ”

Taxes 209

Taxes Data Fintech Compliance 209

PYMNTS

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 The Wall Street Journal ( WSJ ), citing Ant, reported that the company had a pre-tax profit of 5.3 Ant operates Alipay, the digital payment service in a battle with Tencent ‘s WeChat Pay for dominance in China.

Taxes 134

Taxes Lending Operations Marketing 134

PYMNTS

AUGUST 29, 2017

India’s largest online travel company, MakeMyTrip, is entering the business-to-business (B2B) space with the launch of a new solution for corporate travel. The nation’s second-largest travel operator, Yatra Online, recently acquired Air Travel Bureau, a corporate travel service provider, to strengthen its B2B services.

Marketing 108

Marketing Taxes Online Cards 108

PYMNTS

AUGUST 17, 2018

Announced this week, the solution is a cloud-based app that provides accounting services with added functionality, including invoicing, online payments, expense management, vendor tracking, reporting, banking and other tools.

Mobile 100

Mobile Taxes Tools Meeting 100

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

FEBRUARY 8, 2019

7) that adjusted earnings before interest, tax, depreciation and amortization (EBITDA) will grow 10 percent to 15 percent this year, according to Bloomberg. Expedia acquired HomeAway in 2015, and has spent the last three years improving the site’s technology, and increasing its online offerings. in New York. Yet, while HomeAway has 1.7

New York 142

New York Conference Taxes Online 142

PYMNTS

AUGUST 4, 2019

Founded in 2003, Heidelpay enables its clients to accept online and mobile payments and is used by more than 30,000 merchants, including companies such as L’Oréal. million euros ($45 million) in earnings before interest, tax, depreciation and amortization this year, FT reported. Heidelpay expects to generate 40.5

Payments 136

Payments Groups Taxes Regional 136

PYMNTS

APRIL 9, 2020

Small- to mid-sized businesses (SMBs) have been hit especially hit by COVID-19, as they reel from shrinking budgets and rising costs to stay in operation. Businesses can apply for these loans via the SBA’s online portal. Fraudsters are moving in to take advantage of tax confusion and consumer stress, however.

Taxes 178

Taxes Mobile Fraud United States 178

PYMNTS

OCTOBER 29, 2019

Targeting small and medium-sized businesses, Amazon Business enables companies to procure goods online, while giving B2B sellers a new platform upon which they can reach new customers – not only in Canada, but also in other markets where Amazon Business is available. The platform also supports tax exemption for qualified purchases.

Analytics 101

Analytics Taxes Meeting Marketing 101

Abrigo

JULY 20, 2017

AAR is the global leader for online news, product and innovation information on risk, compliance, and trading. Relationship Manager. Electronic Tax Return Reader (ETRR). Stress Testing By automating business loan operations with the products listed, banks and credit unions are able to make good loans faster and minimize risk.

Software 150

Software Report United States Compliance 150

Bank Innovation

APRIL 5, 2017

The first of the packages, Tax Protection, went live today, according to the company’s co-founder Vicki Zhou. The package includes tax-loss harvesting–dubbed WiseHarvesting, which was the fintech’s first paid service— selective trading, […].

Taxes 207

Taxes Innovation Fintech Operations 207

PYMNTS

SEPTEMBER 9, 2019

According to payments services provider FIS (via a report from CasinoBeats.com ), “digital wallets will be the preferred method of payment for online gambling activities globally in three years, as further major legislative changes come to the fore. Lack of confidence will lead to lower tax revenues.”.

Innovation 137

Innovation Payments Taxes User Experience 137

PYMNTS

SEPTEMBER 27, 2019

BankiFi operates APIs to enable banking clients access to a range of business banking infrastructure to augment their own small business and corporate banking operations. Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35

Payments 149

Payments Capital Taxes Lending 149

PYMNTS

AUGUST 13, 2019

Amazon India is rolling out an online marketplace to connect vendors on its platform to B2B services. 12) said Amazon’s Marketplace Appstore is now live in India, allowing sellers to access third-party applications to promote automation, business management and growth. Reports in the Economic Times of India on Monday (Aug.

eBook 137

eBook Tools Taxes America 137

PYMNTS

APRIL 24, 2019

Brazilian retailer Magazine Luiza has announced that it will be selling books online, which could be picked up in one of its almost 1,000 stores. The company is aiming to compete directly with Amazon , which launched its online Brazilian operations in 2012.

Retail 108

Retail Taxes Online System 108

PYMNTS

DECEMBER 2, 2016

Cash Flow Management. This Indian startup offers small and medium-sized businesses cash flow management solutions through an array of services, like invoice management, expense tracking and other features, reports said last week. Travel Expense Management. Baoku Online. Numberz.in. B2B eCommerce. B2B Payments.

Fintech 100

Fintech Capital Lending Taxes 100