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?
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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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...

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New Taxes Loom For Big Tech
New Taxes Loom For Big Tech
August 26, 2019  |  Legal & Regulation

Will Big Tech face bigger tax bills on an international stage? Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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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. Get the Full Story...

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IRS Cracking Down On Crypto-Holding Taxpayers
IRS Cracking Down On Crypto-Holding Taxpayers
July 26, 2019  |  Legal & 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...

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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...

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