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Washington Capital Gains Tax Update

TrustBank

You may recall that in 2021 Washington state passed legislation to implement a 7% capital gains tax on certain asset sales, with the tax applying to profits that exceed $250,000. The assets subject to this tax are, in general, stocks, bonds, business interests, and tangible property, but not real estate.

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Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

What changes will 2022 bring? And as local economies continue to stabilize and many challenged industries bounce back, 2022 may be the year community bankers put the rubber to the road by revisiting goals and turning them into action items. What will drive profit in 2022? Janet Silveria, Community Bank of Santa Maria.

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4 Tasks To Complete Before The End Of The Financial Year

BankBazaar

It’s the end of FY 21-22 and here are 4 things you have to complete by 31st March, 2022: File Income-Tax Returns. The deadline to file late or revised ITR for FY 21-22 is March 31 st , 2022. It’s a simple process and is completely online. Just go on to the official Income Tax website and get it done.

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Payments Innovation Fuels Rise In Football Gambling

PYMNTS

According to payments services provider FIS (via a report from CasinoBeats.com ), “digital wallets will be the preferred method of payment for online gambling activities globally in three years, as further major legislative changes come to the fore. Lack of confidence will lead to lower tax revenues.”.

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7 ways to handle the rising cost of living

Qudos Bank

in 2022 1 , while inflation continues to rise. Buy groceries online Walking into a grocery store can be confronting, especially if you’re shopping on an empty stomach. Shopping online allows you to see exactly how much you’re spending on groceries, while also giving you the chance to take full advantage of the specials.

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Getting Stimulus Payments To Consumers; Lessons From Round One

PYMNTS

Panelists joining PYMNTS CEO Karen Webster included Ingo Money CEO Drew Edwards ; Wells Fargo Senior Vice President, Head of Global Payables, Treasury Management Michelle Ziolkowski ; and J.P. Morgan Managing Director Industry Head for Public Sector Treasury Services, Wholesale Payments Eva Robinson. Headaches, Everywhere.

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New Carro Hire Shows How Vehicle Subscriptions Are Growing

PYMNTS

As digital and mobile technology changes the automotive market, vehicle subscription and online marketplace businesses are also growing, and undergoing changes. Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. Toyota’s Move. Ford Retreat.

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