Tue.Feb 02, 2021

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Telecom Tax and Other Specialty Transactions Taxes

TaxConnex

Sales tax is broadly defined to mean any tax that is charged to the end-user customer by the retailer of property or services. Though this definition is correct, it does not always provide a complete picture of a business’s transactions tax liabilities. Sales taxes are a transactions based tax, but they are not the only transactions based taxes. There are numerous specialty transactions taxes applied to specific products, services and industries.

Tax 134
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VisaNet +AI Adds Predictive Element To Processing And Settlements

PYMNTS

Within financial services, artificial intelligence (AI) is typically deployed in various efforts to identify and stop fraud. But advanced technologies can also be leveraged to help financial institutions (FIs) operate more efficiently, improving the end-to-end payments experience for their consumers. It’s that holistic approach that has driven Visa ’s expanded AI initiative announced Tuesday (Feb. 2).

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How myths about the cloud are hurting your firm

ThomsonReuters

We’ve all heard the myths about cloud tax and accounting, including the intimidating theories that the cloud is not secure, expensive, complicated, or not up to compliance standards. Plus, as accountants, we tend to get comfortable with the on-premise, perhaps outdated software we’ve already implemented. However, the state of the tax and accounting industry is rapidly changing, and firms are having to shift their technology to keep from being left behind.

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Fast Action: Tennessee Sportsbook Bets Service Quality On Instant Payments

PYMNTS

Michael Jordan is mostly known for one thing: basketball. And as he once said about hoops, “You miss 100 percent of the shots you don’t take.” But perhaps his best quote comes from his other pastime, gambling: “I want people to understand, gambling is not a bad thing if you do it within the framework of what it’s meant to be, which is fun and entertaining.”.

Tennessee 105
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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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3 Steps To Fix The Pricing Problems In Your Service Business

GrowthForceBlog

5 min read. One of the biggest decisions a business owner will make is pricing– how do you know that you are pricing your services properly? Every business owner would agree, having an effective pricing strategy is a challenging aspect of running a successful business. You need prices that generate strong profit margins while keeping you competitive in the marketplace.

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Super Apps Rising: Mobile Drives Digital Payments Uptick In Pakistan

PYMNTS

In Pakistan, and elsewhere, the stars are aligning for greater use of digital banking and payments to improve financial inclusion. To that end, Amir Wain , CEO of i2c Inc. , told PYMNTS CEO Karen Webster in an interview that the pandemic and the rise of mobile infrastructure have set the stage to bring people living in developing and emerging economies into the digital realm.

Retail 94

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Visa’s Authorize.Net To Provide SMBs With Offer On Super Bowl Sunday

PYMNTS

Visa , which is the official payment technology partner of the National Football League (NFL), will provide small- to medium-sized businesses (SMBs) with a one-day offer that will waive some of the costs connected with getting online and taking digital payments on Super Bowl Sunday (Feb. 7), according to a Tuesday (Feb. 2) announcement emailed to PYMNTS.

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The Greatest Apps of 2021

SingleTrackAccounting

As we transition into a new year, tech has been busy keeping up with a massive transformation in the way we do business. With the sudden work from home surge, there are many great apps out there to take some heavy mental and time suck lifting off of your work day. Tech is one of our greatest tools in the 21st century and fully using it to your advantage will help you thrive as a business owner and person.

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The Furniture Market Embraces A Hybrid B2B Commerce Model

PYMNTS

The B2B commerce arena is moving online at record speed as more business buyers seek to procure products and services the way they do in their personal lives. With the pandemic forcing business model shifts across verticals, B2B eCommerce has become a means for survival for many suppliers and vendors unable to meet at trade shows or sales venues. Yet not every product category is well-suited for a digital-only commerce experience.

B2B 68
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What Type of Business Entity is Best For You?

SchoolofBookkeeping

One of the most important choices you will make when starting a business is the type of legal structure you select for your company. The legal structure of your business can impact the amount of taxes you pay, the record-keeping required for your business, and the amount of personal liability you will be exposed to. Selecting the right entity can protect your private assets from liability or make it easier to secure capital.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Teach Your Children: Mozper Takes Financial Literacy To LATAM

PYMNTS

To teach kids about money, there’s no substitution for learning by doing. That’s the thinking behind Mozper , a debit card and app focused on improving financial literacy in Latin America. As digital options grow in the region and kids’ spending habits move away from cash, Mozper has just closed a funding round in its quest to instill healthy financial habits.

Gaming 62
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Lifestyle Analysis in Divorce (Second Edition)

FraudFiles

Last year the American Bar Association published the second edition of my book “ Lifestyle Analysis in Divorce Cases: Investigating Spending and Finding Hidden Income and Assets. ”. Here’s the video that was done for the first edition. It’s a great summary of what you’ll find in the book, which is designed to help attorneys understand the financial analysis process and get a handle on the documents they will need to do a thorough investigation of the family’s finances.

Finance 40
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Buy Now, Pay Later Firms Face UK FCA Crackdown

PYMNTS

The buy now, pay later industry (BNPL) will now be regulated by the U.K. Financial Conduct Authority (FCA) following a four-month review led by former interim chief executive Christopher Woolard , according to a report released by the agency on Tuesday (Feb. 2). The FCA looked into the unregulated BNPL sector after the industry quickly escalated amid the coronavirus pandemic.

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Interesting Development From the AICPA

RitaKeller

Many of you know Tom Hood. Here’s a press release from the AICPA: Tom Hood, CPA, CITP, CGMA to Join Association of International Certified Professional Accountants as Executive Vice President, Business Growth and Engagement. The Association also announced that it will acquire the Business Learning Institute, strengthening its commitment to continuing education and delivering value to businesses and CPA firms.

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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FIs Embrace FinTech Options To Bolster Business Banking

PYMNTS

There is more than one way to embrace collaboration in today's business banking environment. This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

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Hey Google, where’s the easiest place to set up a shell company?

Withum

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The Swedish Trade Federation On Why FI Collaboration Is Key To Instant Payments Ubiquity

PYMNTS

Global consumers moved online in droves to fulfill their financial needs in the wake of the ongoing pandemic, leaving businesses and financial institutions (FIs) to catch up with increased payment volumes. Many consumers expect to send and receive funds as quickly as possible and are expressing little patience for slow legacy methods, such as cash or checks.

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Dealer Vision: Volume II

Withum

52
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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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How QR Codes Hook Restaurant Customers For Repeat Visits

PYMNTS

QR codes have become more commonplace than ever as the pandemic continues, with one study last year finding that roughly 11 million United States households were expected to scan QR codes by the end of 2020. Consumers most commonly used QR codes for contactless payments, but they also leveraged the technology to access discounts and information on product packaging, for example.

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Who are the Dealership Disruptors?

Withum

52
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FinTech Mobilizes To Repair Construction's Biggest B2B Payment Pains

PYMNTS

Net terms are a staple in the B2B payments arena. Although the concept is designed to support greater control over cash flow — especially for buyers — in the construction industry, “net terms” doesn’t necessarily mean what it implies. For contractors that need to make materials purchases from vendors , payment practices usually entail a monthly deadline upon which all outstanding invoices are due, whether invoices were issued 30 days or three days before that due date.

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Overview of the Canadian GST/HST and Registration Requirements for Non-Resident Sellers

Withum

40
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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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Tax Compliance Complicates Software Subscription Business

PYMNTS

Tax compliance has never been a simple issue for businesses. There are changing federal, state and local codes — and, of course, there are changes brought on by digital business models. One of those evolving models is subscription commerce, especially for software. Software used to be purchased in a single big buy — a “one and done” purchase made every few years.

Tax 88
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2021 Dealership Economic Update

Withum

40