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Remembering 9/11 – A Pivotal Day for BSA/AML Professionals

Abrigo

September 11, 2001 will stay with Americans forever. T he events that unfolded in that bright blue sky on September 11, 2001 will stay with Americans forever. BSA was intended to detect illicit activity through cash and monetary instruments to catch tax evaders using secret foreign bank accounts. Never Forget.

Training 195
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Flood of complaints expected over Covid-19 UK business loans

TheGuardian

The Business Banking Resolution Service (BBRS) – set to launch in mid-November - was preparing to tackle cases dating back to 2001. Income subsidies Continue reading.

Taxes 85
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Ex-Vatican Bank President, Lawyer Charged With Embezzlement

PYMNTS

According to the AP, the Institute for Religious Works reported that Caloia and Luizzo were charged with embezzlement and self-laundering between 2001 and 2008. Their trial is slated to begin on March 15, reported the news service, noting that a third suspect passed away while being investigated.

Taxes 101
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Where People Spent Stimulus Payments – And Where They Didn’t

PYMNTS

In one example, with the 2001 tax rebates, households spent roughly 20 percent to 40 percent of those funds in the first quarter after receiving them, with two-thirds spent over the first six months.

Payments 173
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A Decline in Personal Savings

TrustBank

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. Adding to the observation is the fact that from roughly 2001-2006, a devastating housing price bubble formed due to lax lending standards.

US 52
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Online Sports Betting Gets A Super Bowl Workout

PYMNTS

Baseball in 2017 made up more than 23 percent of the overall pool, the most for that sport since generating 25 percent in 2001,” it said. Betting on baseball in Nevada — a kind of barometer for the overall industry, even after that Supreme Court decision — hit an “all-time high” in 2017, according to one analysis , hitting $1.48

Las Vegas 122
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How long does it take to get a tax refund

Current

You've filed your tax paperwork, and then the question begins swirling in your mind. How long does it take to get a tax refund? There is a time lapse between your tax refund being processed and you actually receiving that money. Sign up to get your tax refund up to five days faster. When Can I Expect to Get My Tax Refund?

Taxes 90