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ERC for Banks – Told You Are Not Eligible? Find Out

South State Correspondent

We work with well-known national CPA firms that specialize in working with banks specifically to claim their ERC tax rebate. Our team has worked with approximately 55+ banks and secured over $82 million in credits. The average tax rebate is approximately $1.5 The average tax rebate is approximately $1.5

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Trump Provides Stimulus By Executive Order

PYMNTS

8) from his golf club in Bedminster, New Jersey, provides federal unemployment benefits, defers some payroll taxes, helps renters and homeowners behind on their payments and extends relief on student loans. Jamie Raskin of Maryland said of the president’s actions on unemployment benefits and the payroll tax, according to WSJ.

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FinCEN Hits Capital One For $390 Million; Says Bank Violated Bank Secrecy Act

PYMNTS

These violations, said FinCEN, “caused millions of dollars in suspicious transactions to go unreported in a timely and accurate manner, including proceeds connected to organized crime, tax evasion, fraud, and other financial crimes laundered through the bank into the U.S. financial system.”.

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Deep Dive: How The COVID-19 Virus Is Impacting The Online Gambling Industry

PYMNTS

Consumers sitting down to bet through their computers or phones likely do not want to receive winnings via checks and expect effortless digital payments — even with online gambling platforms’ security measures ensuring winners are properly verified. New Jersey and Pennsylvania have become two of the most important markets for U.S.

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COVID Retail Update: Mall Group Asks For Bailout

PYMNTS

Some malls have already shut down, including Paramus Park and Westfield Garden State Plaza in New Jersey, Related Co.’s s Hudson Yards in New York City, Triple Five Group’s Mall of America in Minnesota and the King of Prussia in Pennsylvania. generates nearly $400 billion of state and local taxes, McGee said.

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Earned Wage Access Gains Momentum With PayPal, Payroll Providers

PYMNTS

A companywide survey confirmed that a vast majority of their workers' whole paychecks were consumed by taxes and living expenses, leaving only 4 percent behind on average. This has caught the eye of regulators in California, New York and New Jersey, all states that have EWA legislation pending at present.

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Worldpay SVP: Why States Won’t Play Around With Sports Betting Regs

PYMNTS

The rest, says Pappano, are going to be scrambling to catch up so they can start to enjoy the potential new tax revenues that legalized gambling can create. Fast, secure electronic payments are never easy — so surely that will slow things down? Tax revenue is a powerful motivator.

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