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Tax Reform Shows Early Signs Of SMB Bank Lending Impact

PYMNTS

tax reform led to much chatter and some confusion about exactly how changes would impact the nation’s small businesses (SMBs). Department of Treasury finalized rules that apply to SMBs on qualifying for a 20 percent tax deduction, with the National Federation of Independent Business (NFIB) applauding the initiative. percent rate.

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Crypto Fails To Impress For Corporate Tax Payments

PYMNTS

to allow businesses to pay their corporate taxes in bitcoin. The Cambridge Centre for Alternative Finance released a study last year, finding a sharp increase in the onboarding of new cryptocurrency users, rising from 18 million at the end of 2017 to 35 million at the end of 2018, Invest in Blockchain reports said.

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Accountants Urge Clarity In SMB Accounting Rules Amid Tax Reform

PYMNTS

The American Institute of Certified Public Accountants (AICPA) submitted recommendations to policymakers this week, urging clarity and simplification in how the Tax Cuts and Jobs Act impacts small business (SMBs) accounting rules. The letter outlined eight recommendations for the Tax Cuts and Jobs Act.

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Climate and capital: some outstanding issues

BankUnderground

There is a lively debate about whether and how capital regulations for banks and insurers should be adjusted in response to climate change. Incorporating climate-related risks into the capital regime will require a reliable methodology to measure these risks. Marco Bardoscia, Benjamin Guin and Misa Tanaka.

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Indian Tech Startups Broke Funding Records In 2018

PYMNTS

Indian tech startups had a huge year in 2018, but the way the money is being distributed has some experts concerned about the future of the country’s financial ecosystem, according to reports. Early startups were a part of 304 deals in 2018 and raised $916 million. billion in funding – the most ever. In 2017, Indian startups got $10.4

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Sales Of Small Businesses To Spike, Driven By Tax Reform

PYMNTS

this year, driven largely by tax reform. The IBBA, along with M&A Source and the Pepperdine Private Capital Markets Project, announced their research on Monday (Feb. Small business owners seeking to sell their business in 2018 have cause to be bullish,” said Warren Burkholder, CBI, president of advisory group NEVRG, Inc.

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Treasurers Have Mixed Outlook On Tax Reform, TD Bank Survey Says

PYMNTS

tax reform on their organizations. Forty-two percent of professionals surveyed said they believe tax reform will lead to significant economic benefits for their organizations, TD Bank said. as a result of tax reform. A new survey from TD Bank suggests corporate treasurers have mixed outlooks on the impact of U.S.

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