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As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?

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consumers are expected to be shopping online by 2021. Seismic change in tax policy came last year in the form of a ruling from the Supreme Court, through the case captioned South Dakota v. Seismic change in tax policy came last year in the form of a ruling from the Supreme Court, through the case captioned South Dakota v.

Taxes 116
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TaxCloud Announces New Stripe Integration

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The move means that users of Stripe’s payments platform can now connect to TaxCloud to manage their U.S. Since the Supreme Court issued its opinion in South Dakota v. Wayfair last year, many online retailers now have to collect sales tax in additional states.

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A Rough Map To The New World Of Online Sales Taxes

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Five Supreme Court justices may have settled one of the longstanding issues of online retail, but that does not mean everything has suddenly cleared up. That’s not to say that some consumers might be put off by the looming expansion of sales taxes to more online purchases and shift dollars to brick-and-mortar retail.

Taxes 114
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How AML Regulations Are Pulling Credit Unions Into Law Enforcement

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Recently, though, many CUs have turned to technology-driven solutions to help members more efficiently communicate their needs and feedback. Many members first engage with their CU through its website or other online portal. Communication and engagement with members is an essential part of any credit unions’ (CUs’) retention strategy.

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SMB Tax Complexity Preserves Role For The Human Accountant

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Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright. Tackling Tax. Tax reform in the U.S.

Taxes 193
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Deep Dive: The Unfolding Legacy Of South Dakota v. Wayfair

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Charging sales tax on online purchases made at out-of-state businesses has therefore become a tempting target for states seeking to maintain strong financial bases and to level the playing field between in-state sellers and remote online retailers. Such a levy was not legal until last year’s South Dakota v.

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Wells Fargo’s Q2 Disappoints After Scandals

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Second-quarter net income was impacted by a $481 million one-time expense resulting from a key Supreme Court decision related to online sales, South Dakota v. However, we have to do manage our other risks, such as compliance and operational risk.” Revenue fell to $21.6 billion for the quarter, compared with $22.2