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

NJ: Uber Owes $650M In Taxes After Misclassifying Drivers
NJ: Uber Owes $650M In Taxes After Misclassifying Drivers
November 15, 2019  |  Taxes

New Jersey’s Department of Labor and Workforce Development claims that Uber owes the state around $650 million in unemployment and disability insurance taxes because it...

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Missouri’s Cash Tax Payment Ban Proposal Irks Cannabis Firms
Missouri’s Cash Tax Payment Ban Proposal Irks Cannabis Firms
November 11, 2019  |  B2B Payments

The state of Missouri is reportedly considering a ban on cash tax payments, a move that has raised concerns for local legal marijuana businesses that...

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Where The Tax Man Will Knock Louder Post-Wayfair — And Sooner
Where The Tax Man Will Knock Louder Post-Wayfair — And Sooner
November 07, 2019  |  Taxes

The tax man looms across state and international borders, searching for digitally derived dollars due — scanning sites, platforms and even pop-up stores. For retailers...

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Brexit And Beyond: Crossing The International eCommerce Tax Rubicon
Brexit And Beyond: Crossing The International eCommerce Tax Rubicon
October 11, 2019  |  eCommerce

In the digital age, it’s become easier than ever for companies of all sizes to broaden their reach and sell to new markets. But along...

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Ohio Treasurer Suspends Bitcoin Business Tax Payment Program
Ohio Treasurer Suspends Bitcoin Business Tax Payment Program
October 04, 2019  |  B2B Payments

The state of Ohio has decided to end its support for bitcoin tax payments, state Treasurer Robert Sprague announced this week. In a statement published...

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In Asia, Focus On Big Tech Regs And Taxes
In Asia, Focus On Big Tech Regs And Taxes
September 30, 2019  |  Regulation

Scrutiny of tech firms is spreading across the globe, hinting at broader regulations over privacy and, possibly, bigger tax bills. To that end, in Southeast...

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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...

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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....

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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...

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