Business email compromises (BEC) are among the most common methods of B2B payments fraud and can frequently involve invoice manipulation when a cyber attacker or nefarious actor alters bank information on an invoice to redirect B2B payments into the wrong account. But as this week’s...
Slow tax disbursements via paper checks can put a financial strain on U.S. consumers, but are especially damaging to millennial small-business owners, who view paper checks as antique payment relic. In the latest Disbursements Tracker, PYMNTS spoke with Waseem Daher, founder and CEO of corporate...
The U.S. Treasury Inspector General for Tax Administration is calling into question the Internal Revenue Service’s corporate auditing performance. Bloomberg reported on Thursday (Oct. 24) that a report from the Treasury Inspector General for Tax Administration claims the IRS is not effectively auditing corporations following...
Corporate taxes have traveled to the top of organizations’ biggest areas of focus in recent years, largely as a result of U.S. tax reform efforts and global regulatory initiatives to combat tax avoidance. The latest data on corporate taxes in the U.S. brings new questions...
August 08, 2022
Japan should lower corporate taxes on cryptocurrencies to retain its base of entrepreneurs, one of the country’s leading crypto business people said Monday (Aug. 8). “At least 20 or more” firms have moved abroad due to taxes, Sota Watanabe, CEO of Web3 infrastructure firm Stake Technologies Pte., told Bloomberg News. Watanabe moved his company to […]
April 26, 2018
Tim Cook, the CEO of Apple, had a meeting with President Donald Trump on Wednesday (April 25) in the Oval Office. Bloomberg reported that Cook entered the West Wing of...
January 12, 2018
Cities and states around the country are vying to become home to Amazon’s second headquarters (HQ2), offering the company all sorts of amenities to entice it to their home areas. According...