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US Retail Sales Rose Higher In July

PYMNTS

percent, online and mail-order retail sales increased 0.8 In addition, tax cuts and higher savings are also playing a role in the rise in retail sales. The economy appears to be very well-positioned to continue to grow,” said Jim Baird, chief investment officer at Plante Moran Financial Advisors in Kalamazoo, Michigan.

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TRENDING: Voice Recognition Gets Its Own Backup Biometrics

PYMNTS

And similarly, identity verification provider Trulioo recently launched its Global Business Verification solution, a tool to verify if an online business is real and enabling companies to detect cybercrime, fraud and other criminal activity like tax evasion or money laundering. . In a recent interview with PYMNTS, Kang G.

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How community banks can help young homebuyers

Independent Banker

The community bank also hopes to participate in a new tax-exempt savings program for first-time homebuyers that was approved by the state of Michigan in April. The new law allows individuals to set aside money for a home purchase down payment, and money saved via the program is free from state income tax.

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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

The current quarter included a 10-cent per share income tax expense. . Second-quarter net income was impacted by a $481 million one-time expense resulting from a key Supreme Court decision related to online sales, South Dakota v. Wayfair, which impacted how states may collect taxes on sales made by out-of-state sellers. .

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Big Names Embark On Spring Hiring Sprees

PYMNTS

The decision was made in support of the company’s $11 billion multi-year investment plan to increase Home Depot’s lead over brick-and-mortar competitors such as Lowe’s , as well as keeping ahead of online competitors including, but not limited to, Amazon. The company is investing $3.4 Tech Giants. Prominent U.S.

Vermont 100
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Walmart, Home Depot And Macy’s Beat Q2 Earnings Expectations

PYMNTS

percent — the same growth rate logged by online and mail-order retail sales. Tax cuts and higher savings are also playing a role in the rise in retail sales. The economy appears to be very well-positioned to continue to grow,” said Jim Baird, chief investment officer at Plante Moran Financial Advisors in Kalamazoo, Michigan.

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Top 21 Online Digital Accounting Services for Small Businesses (SMB): Jan 2022

Fintech Labs Insights

When I started reporting on the space in the mid-90s, I thought banks would end up delivering the bulk of basic accounting functions through their online banking programs. Challenger Accounting/Bookkeeping Online Providers in the United States. TaxBit (Crypto tax specialists) FAB Score = 181. – HQ: Detroit, Michigan.