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Things worth reading: 22nd March 2018

Chris Skinner

Deutsche Bank Falls as CFO Warns of Securities Unit Headwind Economists promote low-volatility cryptocurrency backed by dollars EU launches £4.4bn tax raid on tech giants Europe’s banks told to keep planning for full Brexit in 2019 … The post Things worth reading: 22nd March 2018 appeared first on Chris Skinner's blog.

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Deep Dive: How Firms Can Avoid Costly Mistakes Come Tax Season

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businesses are likely already feeling tax season’s pressures. Filing is exhausting and complicated for individuals, and businesses experience those tax difficulties to a far greater degree. SMBs And Manual Tax Frustrations. Digitizing these processes can ease SMBs’ tax frustrations. Spring may seem far away, but U.S.

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IRS Launches Consumer Portal For Getting Stimulus Checks

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Treasury to assist people who don’t typically file taxes. . Users must also have a valid Social Security number. . The IRS said that the majority of people who filed taxes for 2018 or 2019 will automatically get Economic Impact Payments starting next week. Using the tool does not result in any taxes being owed. .

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Crypto Fails To Impress For Corporate Tax Payments

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to allow businesses to pay their corporate taxes in bitcoin. The Cambridge Centre for Alternative Finance released a study last year, finding a sharp increase in the onboarding of new cryptocurrency users, rising from 18 million at the end of 2017 to 35 million at the end of 2018, Invest in Blockchain reports said.

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Indian Tech Startups Broke Funding Records In 2018

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Indian tech startups had a huge year in 2018, but the way the money is being distributed has some experts concerned about the future of the country’s financial ecosystem, according to reports. Early startups were a part of 304 deals in 2018 and raised $916 million. billion in funding – the most ever. In 2017, Indian startups got $10.4

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TurboTax Rolls Out Free Tool For Faster Stimulus Payments

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Online tax preparation service TurboTax has announced that it is rolling out a free, stimulus registration solution to assist people who are not required to file a tax return. who are not required to file taxes, and some 80 percent are eligible for a stimulus check. There are roughly 10 million people in the U.S.

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IRS $1,200 Stimulus: Why Your Check Is Not In The Mail

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trillion Coronavirus Aid, Relief and Economic Security ( CARES ) Act enacted by Congress in late March. IRS figures show that nearly 156 million Americans filed taxes last year, including about 89 percent (138 million) who filed electronically. The assistance was made possible by the $2.2 Some high earners don’t qualify.).

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