Tax Payments news and trends

Taxpayers Can Now Pay In Cash Online With New ACI Worldwide, IRS Offer
Taxes // March 02, 2021

ACI Worldwide and the Internal Revenue Service (IRS) have expanded their partnership to offer consumers a new payment option that allows them to pay their taxes online with cash. Once validated by the IRS, taxpayers who opt for the new cash option will receive a...

Aussie Tax Office Warns SMBs To Pay Up
B2B Payments // February 12, 2020

The Australian Taxation Office (ATO) is warning small and medium-sized businesses (SMBs) that if they don’t pay their taxes on time, they could face consequences like a reduction in credit rating, Mozo reported on Wednesday (Feb. 12). Laws that were passed in 2019 empowered the...

AltFin Community Advises HMRC Against Insolvency Tax Recovery Plans
B2B Payments // May 07, 2019

The U.K. government is considering reinstating its so-called “crown preference” policy in an effort to prioritize the collection of tax payments from insolvent small businesses. At a time when small business insolvencies are on the rise in the country, critics of the initiative say the...

Crypto Fails To Impress For Corporate Tax Payments
B2B Payments // February 26, 2019

When the state of Ohio partnered with cryptocurrency company BitPay last year, it meant the state would become the first in the U.S. to allow businesses to pay their corporate taxes in bitcoin. In an interview with CNBC at the time, Ohio’s then-State Treasurer Josh...

Quick Reads
Ryan Unveils Platform to Simplify Global Business Tax Payments

November 15, 2023
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 with tax technology provider Desucla, the Ryan TaxPay platform automates and streamlines tax payments for companies with regular obligations to multiple foreign tax authorities, Ryan said in a Wednesday (Nov. […]

Taxpayers Can Now Pay In Cash Online With New ACI Worldwide, IRS Offer

March 02, 2021
ACI Worldwide and the Internal Revenue Service (IRS) have expanded their partnership to offer consumers a new payment option that allows them to pay their taxes online with cash. Once...

Bitcoin Daily: Bitcoin Briefly Breaches $3.7K; NH Eyes Crypto Tax Payments

February 10, 2019
Despite the fact that it’s rejected a number of bitcoin exchange-traded fund (ETF) proposals, a commissioner at the U.S. Securities and Exchange Commission (SEC) believes one will eventually win approval. “Eventually, do...

Cannabis Cos’ $4.7B In Cash-Based Taxes Overwhelm IRS

November 15, 2018
The Internal Revenue Service (IRS) is paying $1.7 million to a Virginia company to handle “large cash payments for processing cannabis federal taxes.” According to Quartz, the U.S. government collected approximately...