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 Leaving IRS Free File Program After 20 Years
Intuit Leaving IRS Free File Program After 20 Years
July 16, 2021  |  Taxes

Intuit is leaving the IRS Free File program after 20 years because of “limitations of the Free File program and conflicting demands for those outside the...

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The Child Tax Credit Is Rolling Out: How It Will Be Spent, What’s Next
The Child Tax Credit Is Rolling Out: How It Will Be Spent, What’s Next
July 15, 2021  |  Economy

Retailers and restaurants may be in for another consumer spending windfall as 39 million American families will find their bank accounts flush with a couple of hundred...

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Avalara Updates Software To Help Firms Comply With New VAT Rules
Avalara Updates Software To Help Firms Comply With New VAT Rules
July 14, 2021  |  B2B Payments

Tax compliance technology provider Avalara, Inc. has revamped its Avalara VAT Reporting, Avalara AvaTax for VAT and Avalara VAT Registration offerings to assist firms with...

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Big Tech Compliance Tracker: Biden Inks Order To Clamp Down On Large Tech Firms; Google Faces Suit From States Over App Store Practices
Big Tech Compliance Tracker: Biden Inks Order To Clamp Down On Large Tech Firms; Google...
July 12, 2021  |  Regulation

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. Biden Inks Order To Clamp Down On Large Tech Firms...

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US Pushes EU To Nix New Digital Tax
US Pushes EU To Nix New Digital Tax
July 06, 2021  |  Taxes

The U.S. wants the European Union to think twice before implementing a new digital tax across its 27 members, Bloomberg reported. The proposed digital tax...

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EU’s Post-Pandemic Recovery Fund Will Hit Most Firms With New Taxes
EU’s Post-Pandemic Recovery Fund Will Hit Most Firms With New Taxes
July 02, 2021  |  Taxes

The European Union’s (EU) European Commission (EC) is instituting a new business tax to benefit the Post-Pandemic Recovery Fund, U.S. News reported on Friday (July...

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Bitcoin Daily: Bakkt Holdings Debuts Crypto Debit Card; PayPal, Visa Join Up With Blockchain Capital VC
Bitcoin Daily: Bakkt Holdings Debuts Crypto Debit Card; PayPal, Visa Join Up With Blockchain Capital...
June 22, 2021  |  Bitcoin

Digital asset marketplace Bakkt Holdings has rolled out a new card intended to help people use digital currency to purchase everyday items, according to a...

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Big Tech Compliance Tracker: Google Faces $270 Million Fine From France; Ohio AG Seeks To Make Google A ‘Public Utility’
Big Tech Compliance Tracker: Google Faces $270 Million Fine From France; Ohio AG Seeks To...
June 15, 2021  |  Regulation

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny.  Google Faces $270 Million Fine From France In Antitrust Settlement...

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Today In Payments: China’s Tech Regs Focus On Data; ID Fraud Delays US Tax Refunds
Today In Payments: China’s Tech Regs Focus On Data; ID Fraud Delays US Tax Refunds
June 14, 2021  |  News

In today’s top news, China is targeting data control in its latest Big Tech regulations, and a hike in identity fraud has delayed many tax...

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