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

Report: Northeast and West Coast Lose Investment Firms that Manage Trillions
Report: Northeast and West Coast Lose Investment Firms that Manage Trillions
August 21, 2023  |  Business

Investment companies are reportedly moving to states with a lower cost of living. More than 370 U.S. firms — equal to about 2.5% of the...

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Stripe Debuts Stripe Tax for Platforms to Help Cross-Border Sales
Stripe Debuts Stripe Tax for Platforms to Help Cross-Border Sales
August 02, 2023  |  Taxes

Stripe says it is offering its Tax tool to its platform clients to boost their global commerce sales. “Help with sales tax and VAT has been...

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IRS Reduces Unannounced Visits Due to Increased Security Concerns
IRS Reduces Unannounced Visits Due to Increased Security Concerns
July 24, 2023  |  Security & Fraud

Unannounced visits by IRS revenue officers will be replaced with mailed letters to schedule meetings, except in a few unique circumstances. Increased security concerns and the presence of scam...

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Accenture Wins Spot on IRS Modernization Program
Accenture Wins Spot on IRS Modernization Program
May 24, 2023  |  Taxes

Accenture Federal Services has won a position on an Internal Revenue Service (IRS) blanket purchase agreement with a ceiling value of $2.6 billion. The firm...

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Avalara Unveils eInvoicing Compliance Solution for Multinational Businesses
Avalara Unveils eInvoicing Compliance Solution for Multinational Businesses
May 23, 2023  |  B2B Payments

Avalara has unveiled a new tool to help multinational businesses streamline their compliance with eInvoicing mandates. The new Avalara E-Invoicing and Live Reporting is a compliance application programming interface (API)...

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IRS Targets FTX While US Chamber of Commerce Backs Coinbase
IRS Targets FTX While US Chamber of Commerce Backs Coinbase
May 12, 2023  |  Legal

The taxmen are coming for the estate of Sam Bankman-Fried’s bankrupt FTX crypto exchange. And they want the collapsed firm and its affiliates to pay...

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Biden Proposes 30% Crypto Mining Tax to Offset Environmental Cost
Biden Proposes 30% Crypto Mining Tax to Offset Environmental Cost
May 03, 2023  |  Cryptocurrency

The White House wants to tax crypto mining to offset the “harm” the practice causes. The Digital Asset Mining Energy (DAME) excise tax, proposed in...

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New Digital Business Banking Models Blend Banking and Finance for Startups
New Digital Business Banking Models Blend Banking and Finance for Startups
May 02, 2023  |  SMBs

Nothing is more rewarding than being a small business owner — and nothing is more challenging. That’s because being your own boss brings with it...

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‘Windfall Tax’ on Banks and Energy Companies Could Bring Spain $6B
‘Windfall Tax’ on Banks and Energy Companies Could Bring Spain $6B
February 22, 2023  |  Taxes

Spain’s government expects to raise $6.3 billion from its “windfall tax” on banks and energy companies. With those entities recording record earnings, the tax “is...

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