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RunSignup makes it convenient for sponsoring entities or their authorized representatives (including timers and event management companies) to receive the registration proceeds for races. Either the sponsoring entity or the authorized representative can set up a payment account with RunSignup and receive…
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As with all things Sales Tax related, there are complexities when it comes to refunds and sales tax! This will not be released for another month or so, but we have begun development on how sales tax refunds are handled. This blog will…
Read MoreWatch the Webinar View the Slides Read the Q and A We will try to provide information as directly as possible, but remember that RunSignup does not provide tax, legal or accounting advice. This material has been prepared for informational purposes only,…
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We held a Sales Tax Webinar on August 21, 2019 to review the status of our Sales Tax implementation work, expected to complete by early October. We had hundreds of people attending and this is a list of the questions asked (trying to remove…
Read MoreAnother topic in our ongoing series on educating the market about the impact of sales tax, and our upcoming sales tax system release. Yes, there are many cases where there will be sales tax on races and events held by nonprofits. The good news…
Read MoreOur primary motivation for implementing a comprehensive sales tax system is to help races stay in compliance with their state laws. This has reached a higher level of urgency for all registration and ticket companies over the past year as states have passed “Marketplace”…
Read MoreBelieve it or not, sales tax is even more complicated than the above graphic with nearly 10,000 total jurisdictions and different rules for races, memberships, nonprofit events, and merchandise across those jurisdictions. About a year ago the US Supreme Court struck down a…
Read MoreOur Processor for Advanced Payment accounts (Vantiv, now Worldpay) had an incident impacting transaction settlement and the funding instruction reports for Tuesday 11/27/2018 that resulted in us being unable to execute funding instructions for transactions processed on that date. This caused a…
Read MoreOne of our payment providers, Vantiv, had a full outage on Saturday morning from 6:48AM until 7:52AM Eastern. This impacted any registrations that were for races that used that back end payment processing. People trying to register during this time saw an…
Read MoreAs part of our ongoing efforts to improve our financial and security processes, we are instituting additional controls on new payment accounts. This involves collecting additional information on owners and requiring information be entered by individuals with significant control over the entity….
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