It has been a year since the pandemic’s arrival prompted widespread changes to how consumers, merchants, payment providers and financial institutions (FIs) interact and move their money. The financial ecosystem in place when 2020 began has been replaced by one in which digital disbursements are...
The IRS is seeking to have contractors assist in auditing digital currency tax returns, according to a post on CryptoTrader.Tax‘s website. The agency reportedly wrote in an email sent to the platform that is is “engaging outside contractors to assist our Revenue Agents in calculating...
Online tax preparation service TurboTax has announced that it is rolling out a free, stimulus registration solution to assist people who are not required to file a tax return. There are roughly 10 million people in the U.S. who are not required to file taxes, and...
Stripe has announced an addition to its Stripe Atlas toolkit that will help founders file their corporate tax returns in minutes. This new tool can be especially important for resource-strapped startups, which often have difficulty with the tax process even with the help of an...
February 06, 2024
H&R Block’s mobile banking platform has nearly quadrupled its customer deposits over the past year. Since its launch in January 2022, in cumulative results as of Dec. 31, 2023, the app, Spruce, has garnered $456 million in customer deposits, the company said in a slide presentation released Tuesday (Feb. 6) in conjunction with its quarterly earnings call. That […]
May 13, 2020
The IRS is seeking to have contractors assist in auditing digital currency tax returns, according to a post on CryptoTrader.Tax‘s website. The agency reportedly wrote in an email sent to...
April 05, 2020
Online tax preparation service TurboTax has announced that it is rolling out a free, stimulus registration solution to assist people who are not required to file a tax return. There are...
January 10, 2018
Stripe has announced an addition to its Stripe Atlas toolkit that will help founders file their corporate tax returns in minutes. This new tool can be especially important for resource-strapped...