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

As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?
As The Online Tax Man Cometh, Will Smaller Retailers Embrace Marketplaces?
September 24, 2019  |  Taxes

Last year a Supreme Court ruling changed the way eCommerce firms collect taxes.  It’s a patchquilt of state by state mandates, and a landmine for...

READ MORE >
Square Launches SMB Tax ID Tool
Square Launches SMB Tax ID Tool
September 16, 2019  |  SMBs

Square has announced a new, free tool to help businesses file for an Employer Identification Number (EIN) called the EIN Assistant, according to a release....

READ MORE >
How Merchants Navigate Tax Collection Complexity With Technology  
How Merchants Navigate Tax Collection Complexity With Technology  
September 03, 2019  |  Today In Data

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...

READ MORE >
Top New In Payments: Data Key To Credit Union Member Retention; Mastercard On The Opportunity For ePayables
Top New In Payments: Data Key To Credit Union Member Retention; Mastercard On The Opportunity...
August 27, 2019  |  News

Today in the payments news roundup, a report shows that credit unions could be more in tune with their customers’ needs, and a senior executive...

READ MORE >
New Taxes Loom For Big Tech
New Taxes Loom For Big Tech
August 26, 2019  |  Regulation

Will Big Tech face bigger tax bills on an international stage? Beyond the debates on data privacy and compliance, marquee names in technology face greater...

READ MORE >
Bitcoin Daily: HM Revenue & Customs Demands Crypto Traders’ Info; Blockchain Lender Raises $18.3M In Series A Round
Bitcoin Daily: HM Revenue & Customs Demands Crypto Traders’ Info; Blockchain Lender Raises $18.3M In...
August 06, 2019  |  Bitcoin

The British tax authority wants cryptocurrency exchanges to share customer names and transaction data in order to track down unpaid taxes. According to CoinDesk, HM...

READ MORE >
IRS Cracking Down On Crypto-Holding Taxpayers
IRS Cracking Down On Crypto-Holding Taxpayers
July 26, 2019  |  Regulation

The Internal Revenue Service (IRS) is going to send letters to about 10,000 cryptocurrency holders warning them about the penalties they will face if they...

READ MORE >
Libra Currency Could Pose Tax Challenges
Libra Currency Could Pose Tax Challenges
July 01, 2019  |  Cryptocurrency

With the idea of pegging Libra’s value to a basket of international currencies, Facebook’s proposed cryptocurrency would bring tax challenges to European users, per tax...

READ MORE >
Payroll Startup PayFit Lands $79M
Payroll Startup PayFit Lands $79M
June 18, 2019  |  B2B Payments

Payroll startup PayFit has announced $79 million in new funding, according to reports Monday (June 17). The France-based company secured the funding from Eurazeo and...

READ MORE >