Remove 2004 Remove Marketing Remove Taxes
article thumbnail

NYC Taxi Commission Accused Of $810 Million Fraud

PYMNTS

She’s alleging the city profited by that same amount selling medallions and by collecting a 5% tax on third-party transfers. These taxi medallions were marketed as a pathway to the American Dream, but instead became a trapdoor of despair for medallion owners harmed by the TLC’s unlawful practices,” she added. .

Fraud 223
article thumbnail

New Year’s Resolution: Healthier accounting firm growth with a pipeline full of better clients

Abrigo

As you prepare for upcoming engagements with your “best” tax and audit clients, be thinking of how you will turn those meetings into opportunities for additional business advisory work once busy season ends. who are already reaching that market and network with them to benefit from their knowledge and experience.

Meeting 191
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mexico’s B2B Payments Opportunity As A Global eInvoice Leader

PYMNTS

Mexico’s eInvoicing requirements began back in 2004, when its tax authority, the SAT, first developed its eInvoicing legal framework. Its eInvoicing traction isn’t the only way the Mexican market differentiates itself from the U.S. For accounts payable, it’s a one-stop-shop to make a payment.”.

Payments 144
article thumbnail

Guest Post: 2Q Financial Markets and Economics Update - Second Quarter 2024

Jeff For Banks

Financial Markets Update – Second Quarter 2024 A dream vacation! One of the components of the LEI which is up strongly is the S&P 500 stock market index, by +14.5%. Lower GDP means lower inflation but it may also mean lower tax receipts. So, you tell me, is this a strong labor market? But what about the ones who did?

Marketing 119
article thumbnail

Guest Post: Financial Markets and Economic Update - First Quarter 2024

Jeff For Banks

In the markets, we watched helplessly as real GDP plummeted -5% in 1Q20 and -31% in 2Q20 before rebounding by +33% in 3Q20. I’ve previously theorized that China would try to reclaim its global market share lost during the pandemic by flooding the markets with cheaper goods. This development could give us good news on inflation.

Marketing 111
article thumbnail

Ant Financial Close To Doubled Its Profit In Fiscal Year 2017

PYMNTS

According to a Bloomberg analysis of Alibaba’s recent filing, Ant Financial saw a 86 percent jump in pre-tax profit to $814 million in the fiscal year that ended in March. The company started AliPay in 2004 and, according to Bloomberg, has since seen it grow to control more than half of the $5.5 percent of Ant’s pretax earnings. .

Mobile 115
article thumbnail

Lessons to apply to business valuations

Abrigo

At what level does the market value the company? Your writer spent ten years valuing companies in the public sector and did work on several IPOs and secondary offers in the those markets. Anything other than that is market timing and not based in the practice of valuation. Beware the Comps. This is a useful but flawed technique.