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Tech Center: Orlando Dips Its Toes Into Tech Startup Water

PYMNTS

The city had a population of 270,934 in 2015, making it the 73rd largest city in the United States and the fourth largest in Florida. Here is an excerpt of the conversation: PYMNTS: Can you describe your personal and/or professional experience with the tech community in Orlando? Median household income (2015): $42,318.

Florida 110
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Rebeca Romero Rainey: Take pride in the work we do

Independent Banker

“While community banks could certainly benefit from the tax advantages credit unions have, we flourish despite them.”. From Florida to Arizona, credit unions are acquiring community banks at an alarming rate. With fewer community banks, there simply is less support of local economies.

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A Wealth of Possibilities

Independent Banker

For many community banks a solution has been to offer traditional retail brokerage services (stocks, bonds, mutual funds, annuities, insurance) through strategic alliances with broker-dealers that specialize in placing financial advisors in bank branches. But how can a community bank offer trust services profitably?

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Industry Trade Groups Respond to FHFA Request for Input on PACE Transactions

CFPB Monitor

FHFA describes PACE transactions as being part of residential energy retrofitting programs that are created through special state legislation and result in the financed part of the transaction resulting in a tax assessment on the home, which is a ‘‘super-priority lien’’ over existing and subsequent first mortgages. (As

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Amid Economic Vigor, Small Firms Struggle To Find Talent

PYMNTS

What does that mean for the small business (SMB) community? McMahon told the media outlet about one small business owner in Jacksonville, Florida who attributed rising investments and hiring to recent tax reform. economy and, possibly, tax reform. “It’s a very confident business economy. .

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Trade-based money laundering: The link to terrorist financing

Abrigo

See Part I: Implications for Community Financial Institutions. Misrepresentation is used to justify the movement of funds and, in some cases, reduce the tax obligation reflected on customs documents. Over- or under-shipment or phantom shipments: Over- or under-shipment involves misrepresenting the number of goods in a shipment.

Training 195
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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. AvidXchange. DadeSystems.

Taxes 107