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

Drake Software Offers Contactless Payments to Tax Professionals
Drake Software Offers Contactless Payments to Tax Professionals
January 25, 2024  |  Digital Payments

Tax preparation software firm Drake Software launched a contactless payment acceptance system for tax professionals. Drake Pay is “designed to meet the payment acceptance needs...

READ MORE >
IRS Delays Requirement to Report Certain Transactions Involving Digital Assets
IRS Delays Requirement to Report Certain Transactions Involving Digital Assets
January 17, 2024  |  Taxes

Businesses do not have to report certain transactions involving digital assets until the Treasury Department and the Internal Revenue Service (IRS) issue regulations. The agencies...

READ MORE >
Platforms and the Cloud Help Enterprises Achieve ‘Continuous’ Tax Compliance
Platforms and the Cloud Help Enterprises Achieve ‘Continuous’ Tax Compliance
January 16, 2024  |  Taxes

It’s 2024 and, yes, the year is only a few weeks old. When it comes to tax compliance, Sovos CEO Kevin Akeroyd said as more...

READ MORE >
US Lawmakers Debate $70 Billion in Tax Breaks for Businesses, Families
US Lawmakers Debate $70 Billion in Tax Breaks for Businesses, Families
January 15, 2024  |  Economy

U.S. lawmakers are engaged in discussions over a potential deal that could provide $70 billion worth of tax breaks for businesses and families.  The proposal,...

READ MORE >
Sovos Acquires Aatrix to Enhance eFiling Capabilities
Sovos Acquires Aatrix to Enhance eFiling Capabilities
January 11, 2024  |  Acquisitions

Sovos, a global compliance technology solutions and services provider, acquired Aatrix Software, a company specializing in payroll tax forms. The move aims to enhance Sovos’...

READ MORE >
Thomson Reuters Offers $626 Million for eInvoicing Firm Pagero
Thomson Reuters Offers $626 Million for eInvoicing Firm Pagero
January 11, 2024  |  Acquisitions

Thomson Reuters plans to acquire Swedish eInvoicing firm Pagero for $626 million. The technology and content company said in a Thursday (Jan. 11) press release...

READ MORE >
Intuit Integrates TurboTax Into Credit Karma and QuickBooks
Intuit Integrates TurboTax Into Credit Karma and QuickBooks
January 08, 2024  |  Taxes

Intuit has integrated TurboTax into two of its other products: Credit Karma and QuickBooks. These integrations will streamline the tax preparation and filing process for...

READ MORE >
New Realities of Global Compliance Demand a New Approach
New Realities of Global Compliance Demand a New Approach
January 04, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

READ MORE >
Spotify Withdraws Support From Music Festivals to Protest French Tax
Spotify Withdraws Support From Music Festivals to Protest French Tax
December 22, 2023  |  Streaming

Spotify has withdrawn its support from two music festivals in France in response to the country’s introduction of a new tax that is opposed by...

READ MORE >