Taxes news and trends

IRS Staffing Cuts May Delay Tax Refund Advances

March 18, 2025
Internal Revenue Service building
Town Raises $18 Million to Develop Small-Business-Focused Tax Platform
SMBs // March 16, 2025

Town, a startup founded by veterans of Google and Plaid, has raised $18 million. The company announced the funding round Friday (March 14) along with the launch of its platform, designed to provide small businesses with the same tax advantages of big companies. “Big corporations deploy...

Better DPO Management Emerges as Key Outcome of Working Capital Efficiency
B2B Payments // March 14, 2025

For enterprises of all types and across all industries, tariffs, trade wars, reconfigured supply chains and inflation are all top of mind. Dynamic times call for dynamic, sometimes spur-of-the-moment decision making. Middle-market growth corporates, defined as companies with $50 million to $1 billion in annual...

Dollar General: Customers Can Only Afford ‘Basic Necessities’
Earnings // March 13, 2025

Dollar General is expecting its customers to face deteriorating financial conditions this year. “Our customers continue to report that their financial situation has worsened over the last year, as they have been negatively impacted by ongoing inflation,” Todd Vasos, CEO of the discount retailer, said...

Amazon Gains in Home Furnishings as Walmart’s Market Share Declines, Data Shows
Retail // March 07, 2025

The home furnishings market is witnessing a shift, with Amazon gaining ground while Walmart struggles to maintain its share. The PYMNTS Intelligence report “Walmart or Amazon: Where Do Consumers Spend ‘Fun’ Money?” found that Amazon increased its share of the home furnishings market, accounting for...

Interviews & Exclusives
Better DPO Management Emerges as Key Outcome of Working Capital Efficiency

March 14, 2025
For enterprises of all types and across all industries, tariffs, trade wars, reconfigured supply chains and inflation are all top of mind. Dynamic times call for dynamic, sometimes spur-of-the-moment decision making. Middle-market growth corporates, defined as companies with $50 million to $1 billion in annual revenues, want to keep growing and frequently rely on supply […]

Amazon Gains in Home Furnishings as Walmart’s Market Share Declines, Data Shows

March 07, 2025
The home furnishings market is witnessing a shift, with Amazon gaining ground while Walmart struggles to maintain its share. The PYMNTS Intelligence report “Walmart or Amazon: Where Do Consumers Spend...

From Cautious Consumers to Tariff Jitters: Walmart and Amazon Face Q1 Headwinds

February 27, 2025
During their respective earnings calls earlier this month, Amazon and Walmart were cautious in their first-quarter 2025 outlooks, reflecting concerns about inflation and slowing consumer spending. Amazon’s projected revenue of...

With Illinois Interchange Ban Under Injunction, Banks and Merchants Await Next Move

January 29, 2025
A battle in Illinois over interchange fees could influence other states to decide whether these fees should be reshaped or banned. Banks charge each other interchange fees to cover the...

Quick Reads
Town Raises $18 Million to Develop Small-Business-Focused Tax Platform

March 16, 2025
Town, a startup founded by veterans of Google and Plaid, has raised $18 million. The company announced the funding round Friday (March 14) along with the launch of its platform, designed to provide small businesses with the same tax advantages of big companies. “Big corporations deploy entire tax departments to minimize what they owe, exploiting every […]

Dollar General: Customers Can Only Afford ‘Basic Necessities’

March 13, 2025
Dollar General is expecting its customers to face deteriorating financial conditions this year. “Our customers continue to report that their financial situation has worsened over the last year, as they...

Report: US Banks OK With Regulations in Canada Despite Trump’s Complaints

March 06, 2025
While banks in the United States face obstacles to doing business in Canada, they are reportedly not clamoring for changes. Bank executives do not often bring up the issue, The...

Walmart Reportedly Seeks Lower Prices From China Amid Tariff Pressure

March 06, 2025
Walmart reportedly wants Chinese suppliers to cut prices in the face of tariff-related pressures. However, the world’s largest retailer has thus far found few takers for this request, Bloomberg reported...