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Deutsche Bank Report Eyes WFH Tax To Boost Economy

PYMNTS

A tax for working at home? Before the pandemic, the number of work-from-homers shot up 173 percent in the United States between 2005 and 2018, the report notes. For years we have needed a tax on remote workers — covid has just made it obvious,” Templeman writes. And how much of a tax are we talking about?

Taxes 207
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Number Of Corporate Accounting Errors Unexpectedly Climbs

PYMNTS

listed companies since 2005, finding firms that had to reissue their financials due to errors. tax law and revenue accounting rules. As a result, past financial reports had to be reexamined to recalculate the value of tax credits or liabilities, or to assess how previous results would look under new rules.

Taxes 170
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Estate planning priorities: Take inventory.

PopularBank

The primary factors that may affect your estate are your beneficiaries, taxes, probate, liquidity and incapacity. One of the largest potential expenses your estate may have to pay is taxes, which may include federal transfer taxes, state death taxes and federal income taxes. Federal transfer taxes.

Taxes 94
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How to Cash in U.S. Savings Bonds and Report Taxes on Interest Earned

MyBankTracker

That is, it can feel like a windfall of cash – until, that is, you realize you need to report taxes on the interest earned. Still, while the tax part may not be loads of fun, it’s always nice to end up with some unexpected cash. savings bonds that were issued on paper or electronically, and how to report it on your taxes.

Taxes 52
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Wells Fargo Computer Glitch Forced Hundreds Of Foreclosures

PYMNTS

The report noted that the filing also disclosed that Wells Fargo is being investigated in formal and informal manners by a government agency or agencies into how it purchased federal low-income housing tax credits. The United States alleged that, in 2005, Wells Fargo began an initiative to double its production of subprime and Alt-A loans.

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Ant Financial Looking To Resurrect Stalled IPO

PYMNTS

percent pre-tax profits for a 33 percent equity stake. Hu came to Alibaba Group in 2005 and functioned as Ant Financial’s president since November 2018. . It has since morphed into a platform offering a full suite of services — mobile payments, savings accounts, personal investing, lending, and credit scoring. .

Taxes 131
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IRS Going After Offshore Debit Cards With John Doe Summons

PYMNTS

that received a Sovereign Gold Card debit card from 2005 to 2016. The IRS alleges the cards can be used to get access to the offshore funds and avoid paying taxes in the U.S. that may have offshore accounts created by Panamanian company Sovereign Management & Legal LTD. The IRS is looking for the records of people in the U.S.

Montana 100