Latest Articles

March 28, 2022 

The new imperatives of work from home drove more change in the long overlooked area of B2B payments than we’ve seen in decades. But there’s more room for improvement. This is a huge market --$22 trillion domestically-- where ...

March 28, 2022 

Under the proposed plan, a 20% minimum tax rate would be imposed on all U.S. households worth more than $100 million. The vast majority of affected taxpayers would be comprised of billionaires.

March 28, 2022 

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), enacted on March 27, 2020, provided a number of emergency relief programs that benefit Indian Tribal Governments (Tribes) and tribal members.

March 28, 2022 

For retirees who turned 72 during the last half of 2021, in most cases, Friday, April 1, 2022, is the last day to begin receiving payments from Individual Retirement Arrangements (IRAs), 401(k)s and similar workplace retirement plans.

Isaac M. O'Bannon

March 30, 2022 

A business model that doesn’t require any user or software fees, firms are saving a bundle and serving clients of any size and monthly payment volume. Are you ready to innovate?

March 25, 2022 

The Trustero Compliance as a Service (CaaS) platform establishes and manages regulatory compliance by undertaking vulnerability assessments, security risk analyses, and other measures to ensure that all business processes and systems remain fully ...

March 25, 2022 

The sales tax automation feature upgrades GoDaddy Online Store capabilities and frees business owners from having to manually track their transaction thresholds for each state to know if/when they owe sales tax, log the sales tax rates for each ...

March 24, 2022 

All taxpayers filing Form 1040, Form 1040-SR or Form 1040-NR must check one box answering either "Yes" or "No" to the virtual currency question. The question must be answered by all taxpayers, not just taxpayers who engaged in a transaction involving ...

March 24, 2022 

The Internal Revenue Service has revised its frequently asked questions (FAQs) on 2020 unemployment compensation exclusion.

March 24, 2022 

Technology adoption in B2B payments has reached a new level. COVID and work from home sped up the pace of change, and over the last two years, we’ve seen a dramatic shift toward electronic payments and payment automation.

March 24, 2022 

Many different factors can affect the timing of a refund after the IRS receives a return. A manual review may be necessary when a return has errors, is incomplete or is affected by identity theft or fraud.

Isaac M. O'Bannon

March 24, 2022 

The annual threshold for deducting medical expenses is finally set in stone. After several years of yo-yoing up and down, the Consolidated Appropriations Act (CAA) established a permanent threshold of 7.5% of adjusted gross income ...