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On Demand Pay Finds A Home In Financial Services

PYMNTS

The tax situation can also improve for individuals and their employers alike as workers move to leafier, suburban locales. For example, in New York state, the top marginal income tax rate is nearly 9 percent, plus another 3 percent in New York City. Yet, in neighboring Connecticut, the top income tax rate is 7 percent.

Taxes 170
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PPP Lender Guidance Details How Borrowers Apply for a Second PPP Loan

Abrigo

Relevant tax forms, quarterly financial statements, or bank statements are acceptable documentation. All other items, such as subcontractor costs, reimbursements for purchases a contractor makes at a customer's request, investment income, and employee-based costs such as payroll taxes, may not be excluded from gross receipts. .

Taxes 195
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How to Withdraw Bitcoin to Your Bank Account

MyBankTracker

As long as you don’t live in one of the excluded states (Vermont, New York, Connecticut, Nebraska, Hawaii, and Nevada) you can withdraw cash directly to a linked bank account. Remember to Pay Taxes. Remember: Any profits made make from trading cryptocurrency is subject to tax. What about in the UK or other countries?

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Zooming In On SMEs’ Financial Weak Spots

PYMNTS

Whatever the outcome, with strong fundamentals and capital availability, small businesses are in a good position to respond.” The report concluded this was a positive sign that SMEs have access to plenty of working capital should they need it. SMEs are in for a fight to prove their resiliency through Q4.

Policies 100
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Big Names Embark On Spring Hiring Sprees

PYMNTS

Discount-grocery chain Aldi has announced several hiring events across states including Michigan, Vermont, Connecticut, Virginia, New Jersey and Florida. It will be investing $500 million in associate wages, training and development over the next three years, leveraging a windfall produced by recent tax law changes. Tech Giants.

Vermont 100
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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Income tax preparation app. HQ: Hartford, Connecticut. Tags: Consumer, tax prep. Source: Crunchbase. FundedByMe. Equity crowdfunding platform. Latest round: $1.3 Total raised: $1.3 HQ: Stockholm, Sweden. Source: Crunchbase. P2P apartment leasing marketplace. Latest round: $1.2 million Seed. Total raised: $1.3

Company 12
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Bridging Banking Gaps For Cannabis Companies

PYMNTS

It’s about small business loans, mortgages for facilities, and funding for capital improvements. At the end of the day you still end up with a record-keeping system that can’t pass audit for tax and regulatory purposes,” he said. As noted in this space earlier in the year, roughly $5 billion in taxes was handled — via cash — last year.

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