Remove Government Remove Shutdown Remove Tax Refunds
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Death And Taxes: One Is Becoming Much More Digital

PYMNTS

After the holiday season comes tax season — everyone’s favorite time — but at least the payment of taxes, along with the tax refund process, promises to become even more digital this year. And digital payers are striving to win more business from tax filers this year. Rise of Quicker Payments. New Products.

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Cash App Drives Square Strong Q2 Results

PYMNTS

Chief Financial Officer Amrita Ahuja told reporters on a call Tuesday night Cash App saw meaningful uplift from customers who deposited government stimulus and unemployment checks. In addition, he said tax refunds provided the tailwinds that drove momentum in the Cash App. But not all the news was good.

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Retail Sales Decline In February As Consumers Curb Spending

PYMNTS

Consumers may have reigned in spending because there has been a delay in processing taxes due to the recent partial government shutdown. That shutdown lasted more than a month and the government is still catching up. Tax refunds are also down due to changes in the tax code. percent in February.

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Coronavirus Update: Factory Workers Sent Home Unpaid In Bangladesh; Banks Vow To Keep Staff Employed

PYMNTS

Bangladesh is sending law enforcement and military to police a shutdown to slow the coronavirus proliferation. The Bangladesh Garment Manufacturers and Exporters Association, for its part, noted that orders worth approximately $2.7 billion have been called off or put on hold as of Friday.

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Despite Gov’t Shutdown, Tax Refunds Will Be Paid

PYMNTS

government shutdown continues, a Trump official has promised that tax refunds will go out on schedule. Tax refunds will go out,” the acting director of the White House Office of Management and Budget, Russell Vought, told reporters on Monday (January 7), according to Bloomberg. While the U.S.