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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109
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Is Sales Tax An Anchor On Amazon?

PYMNTS

One of the more long-grumbled complaints in retail is that Amazon and other eCommerce players are able to exploit a loophole that allowed them to mostly avoid charging sales tax. Would collecting sales tax 100 percent of the time take a bit out of Amazon’s bottom line? Recent data suggests — probably not.

Taxes 101
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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. There’s a lot of energy in the southern half of Texas, and it’s not just the resources that power our homes and cars. Photo by Dennis Burnett. Here’s how four community banks are thriving in this environment. By Mindy Charski.

Texas 182
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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. The move comes as cities and states are passing bans on cashless retail establishments, on the argument that such retail discriminates against unbanked consumers.

Taxes 100
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The High-Touch Digital Future Convenience Commerce According To 7-Eleven

PYMNTS

Amazon’s entry into a new market is rarely considered good news in the world of retail. In various Texas locations, for example, the company is testing short-range delivery of food and convenience items with its 7Now program, which is slated to expand throughout the nation later this year.

Branding 124
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Austin Is Bringing The FinTech Heat

PYMNTS

You know what they say, everything is bigger in Texas. In Austin the cost of living is relatively affordable and taxes are low, especially compared with other major tech hubs, while also offering resources to budding entrepreneurs and tech industry talent. Though Austin may fall in the shadows of bigger U.S. to start a small business.

Austin 100
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15 Minutes With—Les Leskovin

Independent Banker

Community National Bank & Trust of Texas. in Corsicana, Texas. IB: Along with its banking operations, Community National Bank manages about $250 million in personal and institutional assets through its trust and investment management department. We also don’t have a retail brokerage operation. Les Leskoven.