Remove blog treasury-function
article thumbnail

Government Shutdown Would Mean ‘Dire Consequences’ to Taxpayers and Practitioners, Says AICPA to Treasury Threateningly

Going Concern

Sometimes it’s even funny stuff the AICPA has to take time out of their busy day to address, for example this: Anyone Looking Forward to a Highly Militarized IRS SWAT Team is Going to Be Sorely Disappointed Today we’re going to look at a less funny letter the AICPA sent to Treasury Secretary Janet Yellen (or “Janette L.

article thumbnail

TSYS Attacked With Ransomware, Has Data Posted Online

PYMNTS

We experienced a ransomware attack involving systems that support certain corporate back office functions of a legacy TSYS merchant business," TSYS said in a statement to PYMNTS. "We Conti is one of numerous cybercriminal gangs maintaining a blog in which data stolen from victims is published. Krebs said the attack came on Dec.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Visa Rolls Out Card Payouts, Pushing Payments To Gig Workers

PYMNTS

In terms of mechanics, Card Payouts is a card-based front end user experience that integrates with treasury banks’ existing infrastructure and, through a pilot program, complements the Oracle NetSuite Banking as a Service program. The app is built to support card capture, tokenization and card-on-file transactions, Visa said on Tuesday.

article thumbnail

What is Superfund? How to prepare and comply

ThomsonReuters

The newly reinstated excise tax compliance obligations can be expected to affect multiple functional areas of a company including Procurement, Finance, Tax, Environmental Regulatory Departments, and Information Technology. failure to report accurately to Treasury Department). Who is affected by Superfund and what are their challenges?

article thumbnail

EU Corporate Banking Tech Lags Behind US: Report

PYMNTS

In a blog post this week, the data and analytics company released its new report called “European Corporate Banking: U.S. “It is time consuming and boring work,” said another treasury respondent about the challenge of KYC, “and we do not see it giving us any added value.

article thumbnail

IRS Notice Proposing Employer Shared Responsibility Penalty Does Not Trigger Special Protections for Church Tax Inquiries

ThomsonReuters

an inquiry as to whether the church is engaged in activities subject to taxation) only upon a written, reasonable-belief determination by a high-level Treasury official. The memorandum explains that Code § 7611 protects tax-exempt churches from undue interference by permitting the IRS to begin a church tax inquiry (i.e.,

Tax 52
article thumbnail

How to optimize the tax research process

ThomsonReuters

Document comparison: This feature enables users to easily compare official documents from the past six years, including the Internal Revenue Code, treasury regulations, IRS rulings, procedures, and state statutes. The post How to optimize the tax research process appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Tax 59