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

Intuit Debuts Tax Platform Tools for Consumers and Small Businesses
Intuit Debuts Tax Platform Tools for Consumers and Small Businesses
December 05, 2024  |  Taxes

Intuit has rolled out new tax platform offerings for personal and small business filers. The company behind services like TurboTax, Credit Karma and QuickBooks announced the new tools Thursday (Dec. 5), saying...

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Sovos Sees 92% Jump in Tax Processing on Black Friday
Sovos Sees 92% Jump in Tax Processing on Black Friday
December 05, 2024  |  Taxes

Sovos says it saw “record-breaking” tax processing performance on Black Friday/Cyber Monday sales. The compliance company announced Thursday (Dec. 5) that it had processed taxes on...

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Intuit Sees AI Driving Big Changes for Small Businesses
Intuit Sees AI Driving Big Changes for Small Businesses
November 21, 2024  |  Earnings

All artificial intelligence (AI) systems are software, but not all software is AI. At least, not yet. Embracing the AI-ification of everything was the theme...

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Want Revenue? Cut the Friction
Want Revenue? Cut the Friction
November 21, 2024  |  Opinion

Companies aiming to grow revenue can simplify how they operate and embrace a customer-first approach, Sovos President of Revenue Alice Katwan writes in a new...

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Report: Trump Advisory Commission Considers Free Tax-Filing App
Report: Trump Advisory Commission Considers Free Tax-Filing App
November 19, 2024  |  Taxes

Intuit and H&R Block saw their stocks drop 5% and 8%, respectively, on Tuesday (Nov. 19) after a media report that the incoming Trump administration...

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H&R Block to Settle FTC Lawsuit Alleging Deceptive Claims
H&R Block to Settle FTC Lawsuit Alleging Deceptive Claims
November 12, 2024  |  Legal & Regulation

H&R Block will pay $7 million and change some of its practices under a proposed settlement that would resolve a Federal Trade Commission (FTC) lawsuit alleging that...

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Killing Tip Taxes May Give Momentum to Instant Digital Payouts
Killing Tip Taxes May Give Momentum to Instant Digital Payouts
November 11, 2024  |  Disbursements

Headed into last week’s presidential election, both Donald Trump and Kamala Harris endorsed eliminating taxes on tips. Coming into office in January 2025, Trump, now...

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This Week in B2B: AI at Work and the Partnership Effect
This Week in B2B: AI at Work and the Partnership Effect
November 07, 2024  |  B2B Payments

B2B innovation doesn’t move slowly, it gets slowed down — mostly by complexity. While entrenched corporate cultures and legacy workflows hinder innovation, businesses typically cling...

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Sovos Unveils 1099 Professional for SMB Tax Reporting
Sovos Unveils 1099 Professional for SMB Tax Reporting
November 06, 2024  |  Taxes

Tax information reporting can be a challenge for small and medium-sized businesses (SMB). For example, there are 21 different types of IRS 1099 forms, there...

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