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

Will COVID And Fraud Finally Kill The Paper Check?

Will COVID And Fraud Finally Kill The Paper Check?
Will COVID And Fraud Finally Kill The Paper Check?
August 03, 2020  |  Digital Payments

PYMNTS has been writing for years about the ongoing push to #killthecheck, but paper checks live on because of their ubiquity of acceptance and simplicity...

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US Lawmakers Aim To Fix PPP Loophole That Could Cost SMBs Billions
US Lawmakers Aim To Fix PPP Loophole That Could Cost SMBs Billions
July 29, 2020  |  Loans

Lawmakers want to fix a mix-up in the economic relief CARES Act laws from March that could cost small businesses $120 billion in taxes, The...

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

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...

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Bitcoin Daily: S. Korea Eyes Crypto Capital Gains Tax; Crypto Lawyers See Rise In Demand
Bitcoin Daily: S. Korea Eyes Crypto Capital Gains Tax; Crypto Lawyers See Rise In Demand
July 13, 2020  |  Bitcoin

South Korean crypto users might soon see 20 percent taxes on their currency, according to Cointelgraph. Get the Full Story Complete the form to unlock...

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

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...

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

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...

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

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...

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

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...

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

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...

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