tax

Florida state tax website bug exposed filers’ data

A security flaw on the Florida Department of Revenue website exposed at least hundreds of taxpayers’ Social Security numbers and bank account numbers, a security researcher found. Kamran Mohsin

Loctax is a collaborative platform for global tax teams

Meet Loctax, a company that wants to change how tax teams work in multinational companies. There are still many departments that rely on outdated tools and processes to get something done. According t

Mosey secures fresh capital to help companies comply with payroll rules

It’s clear that remote and hybrid work are here to stay — the pandemic forever changed the way many companies do business. But it’s introduced roadblocks from an HR perspective. For

Crypto trading volume drops in India as additional taxes hit investors

India on July 1 implemented a 1% tax on cryptocurrency trades over 10,000 Indian rupees, or about $127. There’s already been a chilling effect on Indian digital asset marketplaces.

FBI seizes notorious marketplace for selling millions of stolen SSNs

U.S. law enforcement have announced the takedown of SSNDOB, a notorious marketplace used for trading the personal information — including Social Security numbers, or SSNs — of millions of American

The IRS’s crypto tax partner, ZenLedger, raises $15 million Series B

Government tends to struggle when it comes to keeping up with tech innovation. The past U.S. tax season that just wrapped up in April was particularly stressful for investors and the Internal Revenue

Starting up remotely? Keep these labor laws and tax guidelines in mind

You don’t want to be doing a great thing for your business -- finding the right talent in the right location -- and then be hit with a penalty because you didn’t properly register an employee.

Taxfix, the Berlin-based mobile tax filing app, raises $220M at a $1B+ valuation

Ben Franklin once famously said that in this world nothing can be said to be certain, except death and taxes. But that doesn’t make dealing with either particularly natural and easy. Tech is rus

Eurora raises $40M for its AI-based system to automate EU e-commerce shipping compliance

The e-commerce market has boomed in the last several years, and with that so has the appetite of tax collectors to do their bidding: make rules that make sure their countries are getting a cut. That&#

What US startup founders need to know about the R&D tax credit

The Research and Development (R&D) tax credit lets businesses deduct R&D expenses up to $250,000 per year from payroll tax, or an unlimited amount against income tax if your startup qualifies.

Australia’s CryptoTaxCalculator helps traders demystify the decentralized

Just in time for tax season in the United States, Australian startup CryptoTaxCalculator (CTC) announced it has raised seed capital to expand its automated crypto tax reporting tool further into the U

The IRS won’t make you verify your identity with facial recognition after all

The IRS announced plans Monday to back away from a third-party facial recognition system that collects biometric data from U.S. taxpayers who want to log in to the agency’s online portal. The IR

As EU’s VAT reform ramps up, marketplaces must focus on compliance to avoid tax risk

On July 1, 2021 there was a big change in the European Union’s Value Added Tax (VAT) law, impacting online retailers, marketplaces and their e-commerce businesses across the EU.

Earnr is a new finance and tax app aimed at UK ‘side-hustle’ businesses

Earnr is a new finance and tax service aimed at the U.K. creator economy and people doing “side-hustle” businesses. It’s now secured £650,000 to launch an app aimed at “solopreneu

Column Tax announces $5.1M seed round to launch mobile tax-prep products

Mobile income tax software Column Tax announced today that it raised $5.1 million in seed funding and is launching its first commercial product, which will provide users with early access to their tax

With a Section 1045 rollover, founders can salvage QSBS before 5 years

Section 1045 allows a founder or stockholder whose company has been sold before the five-year holding period to defer the capital gain by rolling the sale proceeds into a replacement QSBS.

US Treasury calls for stricter cryptocurrency rules, IRS reporting for transfers over $10K

President Biden’s vision for an empowered, expanded IRS is poised to have a big impact on cryptocurrency trading. According to a new report from the U.S. Treasury Department, the administration

Ex-Square execs launch Found to help the self-employed, raise $12.75M from Sequoia

If you’ve ever been self-employed you know what a pain it is to keep up with the hassles of running a business. From bookkeeping to invoicing to paying taxes — it’s one big headache. Freelan

Advanced tax strategies for startup founders

Here are some advanced equity planning strategies that you can implement at different stages of your company life cycle to reduce tax and optimize wealth for you and your family.

Stripe acquires TaxJar to add cloud-based, automated sales tax tools into its payments platform

Stripe, the privately-held payments company now valued at $95 billion, has made an acquisition to expand the range of tools (and services) that it provides to online businesses. It has acquired TaxJar
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