Reserve Bank of India (RBI) has updated its framework for imposing monetary penalties and compounding offences under the Payment and Settlement Systems Act, 2007 (PSS Act). The revisions, which come ...

The IRS has introduced significant changes affecting millions of taxpayers using payment apps like Venmo, Cash App, and ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Senate Bill 30, a new proposal with bipartisan support, aims to tackle the rise in cashless businesses. Supporters of the bill say businesses going cashless harms people who do not bank their money, ...

Invoicing is a fundamental aspect of any business, whether it’s a small startup or a large corporation. Invoices are crucial for keeping track of payments, maintaining professional relationships with ...