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Crypto Fails To Impress For Corporate Tax Payments

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to allow businesses to pay their corporate taxes in bitcoin. During the first tax season in which crypto payments were an option for Ohio companies, only two businesses in the state actually used cryptocurrency to do so. According to Good Audience , hundreds of thousands of retailers currently accept cryptocurrency.

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Saving Main Street: Cities Pick Up The Recovery Role

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Cities are starting to supplement the federal government in an effort to save Main Street businesses from the destructive economic effects of the COVID-19 pandemic. For example, Seattle announced that it will allow eligible businesses to defer business and occupation taxes and expand its Small Business Stabilization Fund.

Maine 141
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Ontario Systems Buys SwervePay To Boost Electronic Payments

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The purchase comes as Ontario Systems has recently shifted to being backed by private equity money, as it was acquired last year by New Mountain Capital, according to a Government Technology report. SwervePay, meanwhile, offers text payments and automated balance messages on top of its main services for electronic payments.

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Laura Ashley Catches Second Wind With Funding From MUI

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Laura Ashley shares have recovered in the aftermath of an agreement finally reached between its main shareholder and leading creditor, The Financial Times reported. based Wells Fargo and Malaysian group MUI Asia , it should be well-poised to utilize the needed funds from its working capital facility to meet its immediate funding needs.

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Surprise Outcomes Edition: Cybercrime, Student Loans And CAN Capital

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The experts estimate that the United States government spent millions trying to enforce it and deprived the states of billions in tax revenue — all without managing to make any significant change in American alcohol consumption. But the world is full of unexpected costs — just ask the team at CAN Capital.

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India’s Struggling Yes Bank Sees Share Boost From $1.2B Offer

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Yes Bank is a private-sector bank that mainly operates as a corporate bank, but it also does asset management and retail banking. The bank has had a tumultuous 2019, facing increased attention from regulators as well as scrutiny from investors, who are concerned about bad loans , lack of lender regulation and availability of capital.

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Small, Early-Stage Funding Rounds Dominate B2B FinTech

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We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. The company announced a $650,000 funding round led by Kae Capital and Khosla Impact. Legal Services.

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