taxes

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law.

Source: en.wikipedia.org

New Partnership to Meet the Challenges of Global eInvoicing, Intercompany Automation
New Partnership to Meet the Challenges of Global eInvoicing, Intercompany Automation
September 09, 2021  |  B2B Payments

Coping with tax-mandated eInvoicing may be challenging for companies that work on an international scale, but in meeting those mandates there’s a silver lining of...

READ MORE >
CBO: Biden’s IRS Proposal Could Yield About $200B in Revenue
CBO: Biden’s IRS Proposal Could Yield About $200B in Revenue
September 03, 2021  |  Taxes

The Congressional Budget Office (CBO) says it has concluded its analysis of a proposal by the White House to increase spending on IRS enforcement activity...

READ MORE >
IRS: Bank Reporting Data Key To Addressing Tax Evasion
IRS: Bank Reporting Data Key To Addressing Tax Evasion
September 02, 2021  |  Taxes

In a letter to Sen. Elizabeth Warren (D-Mass.) IRS Commissioner Charles Rettig said requiring banks to provide insight into customers’ transaction history could help the...

READ MORE >
Centerbase Buys Family Law Software to Support Law Firms
Centerbase Buys Family Law Software to Support Law Firms
September 01, 2021  |  B2B Payments

Legal practice management software company Centerbase has acquired family law workflow software company Family Law Software, according to a press release on Wednesday (Sept. 1)....

READ MORE >
Digital River, Avalara Team On Global Tax Management For eCommerce
Digital River, Avalara Team On Global Tax Management For eCommerce
August 24, 2021  |  B2B Payments

Global eCommerce platform Digital River on Tuesday (Aug. 24) announced that it’s joining forces with cloud-based business tax compliance automation platform Avalara on a global...

READ MORE >
Child Tax Credit Payout Of $15B+ Could Mean Big Spending Across US
Child Tax Credit Payout Of $15B+ Could Mean Big Spending Across US
August 13, 2021  |  Economy

The U.S. Department of the Treasury and the Internal Revenue Service on Friday (Aug. 13) paid more than $15 billion to families for the almost...

READ MORE >
Expanded Child Tax Credit Gives Retailers Hope Amid COVID Concerns
Expanded Child Tax Credit Gives Retailers Hope Amid COVID Concerns
August 11, 2021  |  Retail

With continuing labor shortages, tangled supply chains, increased costs and renewed concerns about COVID-19 because of the Delta variant, it would be easy to assume...

READ MORE >
Volkswagen Pushes India For Lower EV Import Tax
Volkswagen Pushes India For Lower EV Import Tax
August 10, 2021  |  Taxes

Volkswagen has joined Tesla in urging Indian officials to lower the import taxes they impose on electric cars, a move that the firm says is...

READ MORE >
India Considers Reducing EV Import Duties
India Considers Reducing EV Import Duties
August 09, 2021  |  International

India could cut import duties on electric vehicles to as low as 40 percent, a move that arrives in the wake of a visit by...

READ MORE >