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How Merchants Navigate Tax Collection Complexity With Technology  

PYMNTS

eCommerce firms are navigating a tax collection environment that increasingly requires technology and automation to ensure compliance. In corporate payments news, Citi is tapping into application programming interface (API) calls to make treasury ops real-time. All this, Today in Data. 659B : Estimated potential value of U.S.

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Tax Season Adds Extra Fraud Weight For SMBs

PYMNTS

Tax season is upon U.S. In a new report from ProofPoint , researchers warned that any businesses with the word “tax” in its domain is at risk of being spoofed by phishing attackers targeting small to medium-sized businesses (SMBs). Indeed, tax season isn’t the only threat hitting SMBs, either.

Taxes 164
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As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?

PYMNTS

As commerce has, increasingly, moved into the digital realm, and even the smallest merchants have gone omnichannel, tax policy has evolved as well — although perhaps it may be more apt to say tax policy has scrambled to keep up. Thus far, a bit more than a year after the ruling, tax policy remains fragmented.

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NY Creates Cryptocurrency Task Force

PYMNTS

A New York State politician announced the creation of what he called the nation’s first cryptocurrency task force, to “study how to properly regulate, define and use” the currency, according to a Facebook post and reports.

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Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News

PYMNTS

It’s the end of a short holiday workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. 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. .

Taxes 101
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On Demand Pay Finds A Home In Financial Services

PYMNTS

He pointed to advancements in technology that allow people to tap into wages as they are earned to help alleviate financial stresses. The tax situation can also improve for individuals and their employers alike as workers move to leafier, suburban locales. Yet, in neighboring Connecticut, the top income tax rate is 7 percent.

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Bitcoin Daily: Hackers Contribute Crypto To Charities; Bitcoin Crests $12K

PYMNTS

The hackers published the contribution in addition to tax receipts for 0.88 Bitcoin has been on a steady rise over recent weeks, driven partly by the news of Square's $50 million bitcoin buy, and perhaps more substantially because of recent comments from U.S. in bitcoin ( valued at approximately $10,515 as of 7:04 P.M.

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