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

House Republicans Move To Legislate Trump’s Payroll Tax Break
House Republicans Move To Legislate Trump’s Payroll Tax Break
September 14, 2020  |  Economy

U.S. House Republicans are proposing legislation that if adopted by the Democrat-controlled body and GOP-run Senate would codify the payroll tax cut President Donald Trump...

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IRS Urges Americans To Claim Stimulus Payments
IRS Urges Americans To Claim Stimulus Payments
September 09, 2020  |  Economy

It’s the last chance for taxpayers to collect a stimulus payment check. The Internal Revenue Service (IRS) announced on Wednesday (Sept. 9) that it plans...

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FTC Probes Intuit Over Alleged Deceptive TurboTax Marketing
FTC Probes Intuit Over Alleged Deceptive TurboTax Marketing
September 08, 2020  |  Taxes

The Federal Trade Commission (FTC) is looking into Intuit over its TurboTax product, as the company allegedly was tricking customers into paying for what they...

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Big Tech Firms Pass Along Higher Fees In Europe
Big Tech Firms Pass Along Higher Fees In Europe
September 02, 2020  |  International

Advertisers in Europe are taking a hit as Apple and Amazon join Google in passing along the cost of new taxes aimed at Big Tech...

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Regulatory Costs To Be Paid By Google Advertisers
Regulatory Costs To Be Paid By Google Advertisers
September 01, 2020  |  Google

Google has enacted a plan to pass on the cost of digital services taxes in Europe to advertisers instead, according to a Financial Times (FT)...

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Temporary Payroll Tax Deferral Plan Starts Sept. 1
Temporary Payroll Tax Deferral Plan Starts Sept. 1
August 30, 2020  |  Taxes

Starting Tuesday (Sept. 1), U.S. paychecks could be a little fatter. That’s the day Social Security taxes will not be withheld as the result of...

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Why Government eInvoice Mandates Aren’t Only About Tax Fraud
Why Government eInvoice Mandates Aren’t Only About Tax Fraud
August 25, 2020  |  B2B Payments

India is the next country on the docket to implement electronic invoicing (eInvoicing) requirements, and like so many other markets, the regulatory focus is on...

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Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India
Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate...
August 24, 2020  |  Regulation

Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. Regulations...

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UK Says Digital Tax On US Big Techs Like Facebook, Amazon And Google Stays
UK Says Digital Tax On US Big Techs Like Facebook, Amazon And Google Stays
August 24, 2020  |  International

Officials in the United Kingdom have denied a published report that the U.K. is planning to end a tax on U.S. digital companies. Over the...

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