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 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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
H&R Block to Settle FTC Lawsuit Alleging Deceptive Claims
H&R Block to Settle FTC Lawsuit Alleging Deceptive Claims
November 12, 2024  |  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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
Penalties Loom Large for Unclaimed Property Reporting Missteps
Penalties Loom Large for Unclaimed Property Reporting Missteps
November 06, 2024  |  Regulation

Tax season is officially over — even the Oct. 15 extension deadline has come and gone. But for banks and corporates, depending on the states...

READ MORE >
Durbin Shows Support for Illinois Interchange Law by Filing Amicus Brief
Durbin Shows Support for Illinois Interchange Law by Filing Amicus Brief
October 08, 2024  |  Legal

U.S. Sen. Dick Durbin of Illinois is supporting an Illinois law that will bar the charging of interchange fees on the tax and tip portions...

READ MORE >