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

1099-K Reporting Changes Shift Burden of Tax Compliance to Platforms
1099-K Reporting Changes Shift Burden of Tax Compliance to Platforms
November 21, 2023  |  Taxes

Changes in tax reporting loom on the horizon — though recently were delayed a bit — as more commerce moves online. Wendy Walker, solutions principal...

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Ryan Unveils Platform to Simplify Global Business Tax Payments
Ryan Unveils Platform to Simplify Global Business Tax Payments
November 15, 2023  |  Taxes

Ryan, a global tax services and software provider, has unveiled a platform that aims to revolutionize the global business tax payment process. Developed in partnership...

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Black Ore Raises $60 Million and Debuts AI Tool for Accountants
Black Ore Raises $60 Million and Debuts AI Tool for Accountants
November 07, 2023  |  Investments

Artificial intelligence (AI) startup Black Ore emerged from stealth after raising $60 million. The company, founded by FinTech entrepreneurs Eyal Shinar and Pavel Kapovski, rolled...

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Vlorish Launches All-in-One Finance Platform for Freelancers
Vlorish Launches All-in-One Finance Platform for Freelancers
October 06, 2023  |  Gig Economy

FinTech startup Vlorish launched its freelancer finance platform, aiming to simplify bookkeeping, budgeting and credit scoring models for the freelance market. The all-in-one web platform...

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Intuit Debuts AI-Powered Small Business Financial Assistant
Intuit Debuts AI-Powered Small Business Financial Assistant
September 06, 2023  |  Artificial Intelligence

Intuit is using generative artificial intelligence (AI) to help small businesses make decisions. The company, owner of TurboTax, Credit Karma and Quickbooks, debuted Intuit Assist, an AI-powered tool for its small...

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Report: Northeast and West Coast Lose Investment Firms that Manage Trillions
Report: Northeast and West Coast Lose Investment Firms that Manage Trillions
August 21, 2023  |  Business

Investment companies are reportedly moving to states with a lower cost of living. More than 370 U.S. firms — equal to about 2.5% of the...

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Stripe Debuts Stripe Tax for Platforms to Help Cross-Border Sales
Stripe Debuts Stripe Tax for Platforms to Help Cross-Border Sales
August 02, 2023  |  Taxes

Stripe says it is offering its Tax tool to its platform clients to boost their global commerce sales. “Help with sales tax and VAT has been...

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IRS Reduces Unannounced Visits Due to Increased Security Concerns
IRS Reduces Unannounced Visits Due to Increased Security Concerns
July 24, 2023  |  Security & Fraud

Unannounced visits by IRS revenue officers will be replaced with mailed letters to schedule meetings, except in a few unique circumstances. Increased security concerns and the presence of scam...

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Accenture Wins Spot on IRS Modernization Program
Accenture Wins Spot on IRS Modernization Program
May 24, 2023  |  Taxes

Accenture Federal Services has won a position on an Internal Revenue Service (IRS) blanket purchase agreement with a ceiling value of $2.6 billion. The firm...

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