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Tax ID Fraud is Taxing on Financial Institutions

Abrigo

Understanding tax ID fraud FinCrime professionals looking to prevent tax ID fraud, first need to understand the fundamentals of what is happening and their best recourse for prevention. Would you like other articles like this in your inbox? Stolen Identity Refund Fraud (SIRF) is a silent but dangerous aspect of the tax world.

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Protect Yourself: ATO Impersonation Scams and Tax Return Investments

Qudos Bank

With it being tax season time, it’s important that you remain vigilant when it comes to lodging your tax return as scammers will take the opportunity to impersonate the Australian Taxation Office (ATO) and coerce you into supplying your details so they can steal your funds.

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Bitcoin Daily: UK Tax Agency Defines Crypto As Commodities; Crypto Exchange Bittrex Sued For SIM Card Bitcoin Theft

PYMNTS

s tax authority has released cryptocurrency tax guidance for businesses, revealing that crypto assets will still be defined as commodities. That means that companies that participate in trading exchange tokens must make tax payments. I think this is a problem that requires a lot of solutions and a lot of layers of security.

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SECURE Act 2.0’s Hidden Gems

TrustBank

The SECURE Act 2.0 If you recall, the original SECURE Act (Setting Every Community Up for Retirement Enhancement) was passed in 2019, but it needed some changes and add-on’s. The general idea of the SECURE Acts was to get people saving more for their retirement since the days of pensions are fading in the rear-view mirror.

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Becoming a “Bahama Mama” Crypto-Style: A Closer Look at The Digital Asset Landscape in The Bahamas

Perficient

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. The paper also lays out plans to expand the resources of the Securities Commission of The Bahamas to bolster its role as the main crypto regulator.

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ERC for Banks – Told You Are Not Eligible? Find Out

South State Correspondent

In the article, we explore the myths around eligibility and provide many banks with a path forward. We work with well-known national CPA firms that specialize in working with banks specifically to claim their ERC tax rebate. Our team has worked with approximately 55+ banks and secured over $82 million in credits.

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Use Our ERC Assist Program to Raise Deposits

South State Correspondent

This article breaks down how you can use the ERC Assist product to generate deposits in an innovative way. ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. These professionals have tax knowledge, accounting expertise, and a proven track record. In 2020, the U.S.

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