Iwmy Stripe s Cross-Border Payments Volume in Asia Grows 30%
Tax forms states are sending people listed as having received unemployment benefits are likely to reveal to many addressees that their identities were used in pandemic-related fraud schemes, the Associated Press AP reported.Because unemployment benefits are taxable, states are sending 1099-G forms that are used to complete federal tax returns.The AP ci
stanley germany ted examples such as an Ohio woman who opened a 1099-G reflecting payments of more than $17,000 to her 83-year-old husband. He had received none, and he hadnt worked for more than a do
stanley cup romania zen years, so wouldnt have been eligible to receive any.Also in Ohio, the AP reported, the states governor and his wife, in addition to the states lieutenant governor, received 1099-G forms for unemployment benefits they had neither sought nor received.According to the AP, some 26 million Americans sought unemployment benefits in the first months of the pandemic, and many states didnt have the capacity to process them effectively.Whats more, the Department of Labor estimated in January that states had paid out $36 billion improperly, largely due to fraud.Turning to California, the AP reported that government officials suspect fraud has reached a minimum of $11 billion 鈥?$810 million of it in the names of prisoners who by virtue of their incarceration were ineligible.Officials in California have publ
stanley tumblers icly expressed concern about what likely will be a wave of individuals asking why they received 1099-G forms listing benefits they never received. The Kssl Retail Sales Fell Only 5.6 Pct In May As Consumer Spending Improves
Real-time expense management tool Abacus has completed its integration into B2B software suite NetSuite, accor
stanley polska ding to an announcement made by the companies on Wednesday Dec. 9 .Abacus now allows its corporate users to synchronize expenses and reimbursement, corporate card spendi
stanley polska ng and other similar data into the NetSuite platform, allowing companies using NetSuite enterprise resource planning tools to automatically integrate that expense information into its own processes.In a statement, Abacus Cofounder Omar Qari said that the solution aims to meet the needs of larger, mid-market companies that are already using NetSuite.
stanley termosy 8220;For larger organizations, reconciling the books is incredibly time-consuming, he stated. It requires pulling information from multiple sources.Qari added that by automating the data entry of Abacus expense and financial data into NetSuite 8216 ERP platform, corporate managers can save time and gain greater insight into that data.We wanted to eliminate the complexity of month-end reconciliation so that finance teams can spend more time focused on tasks driving meaningful business value, instead of wasting it on manual data entry, the executive said.While Abacus automates the data sync process into NetSuite, the company added that business users can customize the type of data they want the two platforms to share between each other. Additionally, Abacus already integrates with thousands of corporate card iss
