Banking

The Internal Revenue Service has issued a private letter ruling allowing an unnamed employer to make 401(k) contributions on behalf of employees who are repaying their student loans.

Banks were among the top beneficiaries when Republicans slashed corporate taxes in December to stoke the U.S. economy. So how are the nation’s largest financial institutions treating employees, customers and investors?

The private debt collection agencies that have contracted with the Internal Revenue Service to help collect overdue tax receivables have some security vulnerabilities, according to a new government report.

BlueVine attracts investment from Microsoft, and DocuWare shows promising growth.

The U.S. Securities and Exchange Commission has sought details from India’s ICICI Bank Ltd. on its accounting and corporate governance practices, people familiar with the matter said.

The movement by major, established financial institutions could serve as a great way for accounting and audit professionals to get their feet wet on the technology.

The Tax Court rules that creditors must have hard evidence that an obligation is uncollectable before they deduct it.

Maurice Berdugo saw a major gap in the system when his bank couldn’t provide an old check image he needed. So he created LedgerSync.

A Tennessee law enacted last month that specifically cuts taxes for publicly traded investment firms will benefit AllianceBernstein Holding LP in its move to Nashville from New York City.

For accountants who manage credit for their clients, organizing and sharing data, tracking orders, scheduling tasks and managing workloads are key to long-term success and growth.

Veem and BlueVine partner up, and DocStar updates Dynamics GP integration.

The tax prep chain has partnered with online lender LendingTree.

As U.S. banks were tallying up the billions of dollars in extra profits they’ll reap from the sweeping tax cuts signed into law by President Donald Trump, they were quietly delivering unwelcome news to local governments: The interest rates on their loans were about to go up.

Certify forms integration partnership with Western Union, and BlueVine increases credit line offerings.

Fuse allows software providers to integrate the credit access solution with three lines of code.

Credit Karma, a personal finance site that offers free credit scores and credit monitoring, expanded into offering free tax prep services last year and is quickly growing as it enters its second tax season.

Just when banks may have thought they have met all of their fiscal and regulatory obligations for the New Year (including the hotly debated IRS 871(m) requirements governing financial derivatives), yet a new one arises.

Small business loan approvals are up, and the partnership is meant to help this trend continue.

Financial institutions are getting ready for the Financial Accounting Standards Board’s new credit loss standard, though some are dragging their heels, even as the effective date approaches.

Thanks to the rise of digital marketplaces, crowdsourcing and a global network of startups, today, there are various ways to finance a business, regardless of what stage of development it is in.