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2 Jun 2024, 8:45 pm
AI in Banking and Finance, May 31, 2024 – Seven highlights from this post: Banks could lose $40 billion from fraud with the help of AI, Deloitte predicts; Mastercard’s AI system is helping banks keep fraudsters in check — and it could save millions of dollars; Measuring Development 2024: AI, the Next Generation; Gita Gopinath: Crisis Amplifier? [read post]
2 Jun 2024, 12:32 pm
Creditors have preference over most heirs, and every dollar that goes to paying back a loan is one less dollar that goes to a beneficiary. [read post]
31 May 2024, 6:00 am
The CBDC Anti-Surveillance Act would bar the Fed from issuing a so-called central bank digital currency, a state-issued dollar on the blockchain, as well as any products, services or accounts for individuals. [read post]
27 May 2024, 10:00 pm
IRS announces cost-of-living adjustments to the applicable dollar limits for health savings accounts (HSAs), high-deductible health plans (HDHPs), and excepted benefit health reimbursement arrangements (HRAs) for 2025. [read post]
24 May 2024, 7:22 am
Part 1: Expat LLC taxes 101 Federal income taxes All American permanent residents and citizens who meet the minimum income reporting threshold must file a federal tax return and are subject to federal income taxes. [read post]
24 May 2024, 3:00 am
Trump told about 20 oil and gas executives they would save far more than $1 billion in avoided taxes and legal fees after he repealed environmental regulations, according to several people who were present. [read post]
20 May 2024, 10:00 pm
IRS announces cost-of-living adjustments to the applicable dollar limits for health savings accounts (HSAs), high-deductible health plans (HDHPs), and excepted benefit health reimbursement arrangements (HRAs) for 2025. [read post]
17 May 2024, 6:00 am
Legal and Regulatory Developments SPOTLIGHT: Merchants and Banks Prepare for Battle Over the Fed’s Proposed Debit AdjustmentsDigital Transactions News – May 14, 2024 The National Retail Federation and the Merchants Payments Coalition have lined up against the Federal Reserve, arguing that while a rate reduction on debit card transactions is welcome, the Fed’s proposed pricing does not go far enough. [read post]
15 May 2024, 1:49 pm
How to open a bank account in France Opening a bank account in France is fairly straightforward. [read post]
13 May 2024, 9:05 pm
Following the financial crisis and the 2023 banking crisis, regulators need the help of banks to save the banking system just as they did during the 2023 banking crisis. [read post]
13 May 2024, 10:18 am
They include: Bank accounts Investment accounts Savings accounts Securities accounts Mutual funds Trusts Retirement plans Business and corporate accounts Life insurance policies As with any tax form or issue, there are exceptions and limitations. [read post]
12 May 2024, 9:01 pm
OCC’s Letter on Uniform Federal Banking Standards On November 9, 2023, the General Counsel of the Office of the Comptroller of the Currency (the “OCC”) issued a letter to the CEOs of all national banks and federal savings associations (“FSAs”) addressing uniform federal banking standards.[13] In the letter, the OCC explains that it is aware that some states have passed laws or taken… [read post]
10 May 2024, 3:00 am
”, “Save women’s lives! [read post]
8 May 2024, 2:47 pm
But tax professionals can do much more than just help you save money. [read post]
8 May 2024, 5:47 am
“A Carvalho cut is when you’ve got billions in the bank but you’re shortchanging students,” Myart-Cruz said. [read post]
22 Apr 2024, 6:51 am
” “Judge’s Citi Investment Doesn’t Merit Recusal, Ethics Panel Says” — “A federal appellate court judge with a stake in Citigroup Inc. doesn’t need to recuse himself from the banking industry’s challenge to an $8 cap on credit card late fees, a federal judiciary oversight committee said. [read post]
22 Apr 2024, 1:35 am
In some cases, they may incur income taxes not only at the federal level but also at the state level. [read post]
9 Apr 2024, 1:23 am
This doesn’t mean blowing your whole paycheck every month, though — you just make sure each dollar goes to a specific place. [read post]
6 Apr 2024, 5:00 am
READ MORE Kansas Lawmakers Agree to Billion-Dollar Income Tax Cut Democratic Gov. [read post]
6 Apr 2024, 5:00 am
READ MORE Kansas Lawmakers Agree to Billion-Dollar Income Tax Cut Democratic Gov. [read post]
