Taxes/page/6 news and trends

BILL to Add 1099 Filing Solution to Financial Operations Platform

December 10, 2024
NFIB: Small Business Optimism Sees Post-Election Rebound
SMBs // December 10, 2024

Small business owners in the United States are more optimistic following an almost three-year stretch of uncertainty. That’s according to the National Federation of Independent Business (NFIB), which released its latest edition of the Small Business Optimism Index Tuesday (Dec. 10). The index showed an...

Intuit Debuts Tax Platform Tools for Consumers and Small Businesses
Taxes // December 05, 2024

Intuit has rolled out new tax platform offerings for personal and small business filers. The company behind services like TurboTax, Credit Karma and QuickBooks announced the new tools Thursday (Dec. 5), saying they were part of its efforts to help taxpayers outside of tax season. “Receiving a tax refund is a pivotal...

Sovos Sees 92% Jump in Tax Processing on Black Friday
Taxes // December 05, 2024

Sovos says it saw “record-breaking” tax processing performance on Black Friday/Cyber Monday sales. The compliance company announced Thursday (Dec. 5) that it had processed taxes on close to 300 million items just on those two days, out of the more than 16 billion it processes each year. According...

Intuit Sees AI Driving Big Changes for Small Businesses
Earnings // November 21, 2024

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 of accounting and tax software provider Intuit Inc.’s Q1 2025 earnings call on Thursday (Nov. 21), where executives highlighted the...

Interviews & Exclusives
Want Revenue? Cut the Friction

November 21, 2024
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 PYMNTS eBook, “The New Value Equation: 11 Financial Services Leaders Share Their Vision for 2025.”   In today’s challenging business environment, every company is striving to keep and expand relationships […]

Penalties Loom Large for Unclaimed Property Reporting Missteps

November 06, 2024
Tax season is officially over — even the Oct. 15 extension deadline has come and gone. But for banks and corporates, depending on the states in which they are doing...

Navigating the IRS’s Dirty Dozen: Protecting The Enterprise From Tax Scams

September 10, 2024
As Ben Franklin once said, nothing in life is certain except for death and taxes. And add to that a new pressing issue for businesses: the increasing prevalence of tax...

Sovos President: 2024 Has Been ‘Stark Realization’ for Businesses

September 05, 2024
Companies need a long-term strategy when it comes to tax and compliance so that no one event or outside factor can disrupt operations, Sovos President of Revenue Alice Katwan writes...

Quick Reads
BILL to Add 1099 Filing Solution to Financial Operations Platform

December 10, 2024
BILL is adding a 1099 form filing solution to its financial operations platform for small- to medium-sized businesses (SMBs). The new 1099 Filing lets SMBs and their accountants prepare and file their 1099 forms using the same platform they use to pay and manage their vendors throughout the year, BILL said in a Tuesday (Dec. […]

NFIB: Small Business Optimism Sees Post-Election Rebound

December 10, 2024
Small business owners in the United States are more optimistic following an almost three-year stretch of uncertainty. That’s according to the National Federation of Independent Business (NFIB), which released its...

Intuit Debuts Tax Platform Tools for Consumers and Small Businesses

December 05, 2024
Intuit has rolled out new tax platform offerings for personal and small business filers. The company behind services like TurboTax, Credit Karma and QuickBooks announced the new tools Thursday (Dec. 5), saying they were part of its...

Sovos Sees 92% Jump in Tax Processing on Black Friday

December 05, 2024
Sovos says it saw “record-breaking” tax processing performance on Black Friday/Cyber Monday sales. The compliance company announced Thursday (Dec. 5) that it had processed taxes on close to 300 million items just on...