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

UK Tax Case Marks First Ever NFT Seizure
UK Tax Case Marks First Ever NFT Seizure
February 14, 2022  |  NFTs

In what is believed to be the first such action by British law enforcement, the U.K.’s tax watchdog has seized three non-fungible tokens (NFTs). As...

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US House Resubmits Legislation to Simplify Tax Burdens on Crypto Users
US House Resubmits Legislation to Simplify Tax Burdens on Crypto Users
February 07, 2022  |  Cryptocurrency

The two largest cryptocurrencies, bitcoin and ethereum, surged last week as prices increased following a stronger-than-expected U.S. jobs report, Forbes reported Saturday (Feb. 5). While economists...

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UK Regulator Updates Tax Rules on DeFi Lending, Staking
UK Regulator Updates Tax Rules on DeFi Lending, Staking
February 04, 2022  |  Cryptocurrency

The United Kingdom’s tax agency has updated its rules on how to tax revenue from decentralized finance (DeFi) lending and staking in proof-of-stake networks, the...

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Today in FinTech: Financial Platform Sunrise Adds New Tools for SMBs
Today in FinTech: Financial Platform Sunrise Adds New Tools for SMBs
February 03, 2022  |  Technology

Today in FinTech, financing platform Sunrise adds new tools to its suite of small business offerings, while startups secure funding. Financial Platform Sunrise Adds New...

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Financial Platform Sunrise Adds New Tools for SMBs
Financial Platform Sunrise Adds New Tools for SMBs
February 03, 2022  |  SMBs

Bookkeeping and financial services platform Sunrise by Lendio has added several new functions to its free offerings: Tax Assist; Bank Reconciliation; Personalized Onboarding; and software-based invoicing...

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Announcing Crypto Trading Tax and Digital Rupee Plans, India Makes Clear Payments Are Out
Announcing Crypto Trading Tax and Digital Rupee Plans, India Makes Clear Payments Are Out
February 01, 2022  |  Cryptocurrency

India’s finance minister just announced that India’s next budget will include a 30% tax on cryptocurrency, suggesting a long-feared total ban is likely off the...

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H&R Block Says 35M Americans Are ‘Fed Up’ With Inadequate Banking Solutions
H&R Block Says 35M Americans Are ‘Fed Up’ With Inadequate Banking Solutions
January 24, 2022  |  Personal Finance

While most taxpayers dread the annual burden associated with the IRS and April 15th, for the nation’s top tax preparation firm — and those individuals...

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Syracuse, NY Teams With InvoiceCloud for Digital Tax Payments
Syracuse, NY Teams With InvoiceCloud for Digital Tax Payments
January 18, 2022  |  Payment Methods

The City of Syracuse in New York partnered with EngageSmart’s InvoiceCloud to launch an online billing and payment system for Syracuse residents to make tax...

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Tax Platform April Wants to Give Users Faster Refunds
Tax Platform April Wants to Give Users Faster Refunds
January 18, 2022  |  Taxes

Following a $10 million seed round, tax platform April began operations Tuesday (Jan. 18) with the backing of financial institutions (FIs) that include Propel. The...

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