Taxes

Taxes
Temporary Payroll Tax Deferral Plan Starts Sept. 1
August 30, 2020

Starting Tuesday (Sept. 1), U.S. paychecks could be a little fatter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Taxes
Report: UK Tax Aimed At Facebook, Amazon, Google To Be Repealed
August 23, 2020

The U.K. is planning to repeal a tax targeting Facebook, Amazon and Google amid opposition from the President Donald Trump administration, the Daily Mail reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Taxes
IRS Sends Refund Interest Checks To 13.9 Million Taxpayers
August 18, 2020

The U.S. Department of the Treasury and the IRS are planning to send out interest payments totaling $18 on average to 13.9 million Americans who filed their tax returns in the last few months, according to a press release. Get the Full Story Complete the...

Taxes
It’s Tax Day, But Paper Filers Might Not See Their Refunds Until 2021
July 15, 2020

Today (July 15) is Tax Day, and despite it coming three months later than normal due to COVID-19, several million Americans will be scrambling to get their returns (or at least their applications for extensions) out the door by midnight. Get the Full Story Complete the...

Taxes
IRS Reminds Americans Taxes Due July 15
July 09, 2020

For taxpayers who took advantage of the 90-day reprieve to file or pay taxes, the deadline is almost up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Taxes
Seattle OKs Head Tax Aimed At Big Business
July 07, 2020

Seattle’s City Council passed a new tax for big businesses operating in the city, including Amazon, according to CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Taxes
IRS Corporate Audits Drop 71 Pct, Individual Audits Fall 65 Pct
June 29, 2020

The number of tax audits on corporations plunged amid the pandemic, with the IRS saying in the National Taxpayer Advocate’s “Objectives Report to Congress” report for Fiscal Year 2021 that it began 716 corporate examinations from April 1 to June 1 this year compared to...

Taxes
Mnuchin: US Tax Day May Be Pushed Back
June 23, 2020

U.S. Treasury Secretary Steven Mnuchin said the deadline for taxes could be extended beyond the already elongated July 15 deadline, so as to help those affected by the pandemic’s economic turmoil, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock...

Taxes
Helping SaaS Firms Make Sense Of eCommerce’s Tax Complexities
June 10, 2020

Beyond the challenges of the pandemic that is forcing businesses to grapple with all manner of operating challenges, tax complexity has been building over the years on a global stage — and it’s only going to increase. Get the Full Story Complete the form to...