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Crypto Fails To Impress For Corporate Tax Payments

PYMNTS

When the state of Ohio partnered with cryptocurrency company BitPay last year, it meant the state would become the first in the U.S. to allow businesses to pay their corporate taxes in bitcoin. Ohio’s effort signaled a renewed push for corporate adoption of cryptocurrency.

Taxes 145
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CRE risk management: Navigating hazards and opportunities

Abrigo

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital. at big banks.

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The ICBA 22/23 executive committee is all in

Independent Banker

Coldwater, Ohio. We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. For instance, ICBA is calling for congressional hearings on the credit union tax exemption. Chairman Brad M. Bolton, President/CEO/senior lender, Community Spirit Bank, Red Bay, Ala.

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A Solution for Closely Held Banks

Jeff For Banks

This month, Old Fort Banking Company in Tiffin, Ohio gave us an answer. The ESOP is funded with tax-deductible contributions by the employer in the form of company stock, or in the case of the Old Fort ESOP, with cash that was used to purchase company stock. Their may be tax benefits to the selling shareholder. Krumsee herself.

Taxes 60
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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

The eCommerce company further announced it has expanded its grocery pickup to Whole Foods Market to Columbus, Ohio — bringing the total number of pickup markets to 30. billion on 500 remodels in 2018 — more than a fifth of the retailer’s total capital expenditure of $10.3 2: People in Glass Houses Should Pay Taxes.

Taxes 100
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What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

billion refundable tax credit is reportedly based on the “percentage of salaries Amazon expects to pay employees over the next decade, or $48K per job for 25K jobs.” The idea, though, is not only that Amazon will create thousands of well-paying jobs. In New York City, Amazon’s $1.2 Citi Reaction.

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Banking's Top 5 in Total Return to Shareholders: 2018 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. This is clearly a turnaround situation, as the bank lost over $12 million in 2010, over 20% of its capital (ouch). But once they turned things around they took their deferred tax asset back onto their books and did three acquisition.

Oregon 101