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W Virginia Withholds Payment To Tax Delinquent Vendors

PYMNTS

The West Virginia State Auditor’ s office has announced a new tax program aimed at vendors who owe the state money. This process is designed to insure the State is not paying vendors who are not paying their taxes. The vendor will not be able to resume business in West Virginia until it has corrected its delinquency.

Virginia 108
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Credit Karma Now Offers A High-Yield Savings Account

PYMNTS

When we built Credit Karma Savings, we wanted to develop a product that made opening a savings account as easy as possible for our members,” said Jagjit Chawla, general manager of savings and tax for Credit Karma, in a release. Credit Karma is partnering with West Virginia-based MVB Bank on the venture.

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Higher Learning, Hit By Payments Fraud

PYMNTS

Separately, West Virginia News reported that an ex-state Division of Highways worker has been sentenced to probation spanning three years after filing fake expense reports. Under the scheme in place, McCusker took cash for tax payments, wrote receipts for those payments and then did not post those payments to the proper account.

Fraud 122
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How Diversified Revenue Streams Impact Ag Borrowers

Abrigo

We always advise landowners to undergo an assessment to protect these funds from taxes and help them to create entity strategies or fund new equipment for the greatest value. Conservation revenue and wildlife opportunities Landowners can receive tax credits from a donated conservation easement. keep me informed. Watch Webinar.

Lending 195
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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. billion in assets, had 87 full-time equivalent employees, and accounted for two-thirds of the town's tax revenue. A 7.15% ROA!

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Factors influencing discounts applied in private-company valuations

Abrigo

MBA, an associate professor of finance at West Virginia University who has published extensively in scholarly finance research journals and presented at national and international finance and valuation conferences. But the restrictions affect the marketability of the company, so a discount is applied in any valuation. “The

Company 150
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Banking's Top 5 in Total Return to Shareholders: 2017 Edition

Jeff For Banks

billion in asset company headquartered in West Virginia, providing community banking services primarily in the Eastern Panhandle and South Central regions of the state, and the Northern and Shenandoah Valley regions of Virginia. Actually, the Bank had a one-time after tax litigation settlement (from a 2002-04 event) of $6.2