article thumbnail

DC Bar: Lawyers Allowed To Take Digital Currency As Payment

PYMNTS

” The opinion also noted that the IRS treats cryptocurrency more as a property than as a currency for tax purposes. The ethics decision came down because of the increasing prominence of digital currency, with the District of Columbia Bar finding it “cannot hold back the tides of change.”

article thumbnail

For the Fed, it's Time to Flip the Script

SWBC's LenderHub

As our leaders in Washington DC bicker over a fiscal response to COVID-19, mostly coming up with ideas that look to win votes (payroll tax holidays, guaranteed sick leave for everyone, tax credits for affected companies) as opposed to actually saving the economy from a credit induced depression, it looks like it is on the Fed again to do the job.

DC 78
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

Quarterly Financial Markets & Economic Update- October, 2017 I love this time of year. The markets have not given way to anything, with long term bonds still trading in a tight range and short term rates having risen from Fed action. Fiscal Policy We are not seeing activity from Washington DC. What Does the Economy Need?

article thumbnail

Cardtronics Posts 22 Percent Revenue Growth

PYMNTS

Competition and Markets Authority to maintain its ownership of the U.K. operations of DC Payments. million net of tax). During the third quarter of 2017, the company also recognized asset impairments in its Australia and New Zealand segment totaling in the aggregate $216.0 million ($193.5 million.

ATM 108
article thumbnail

Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

more “promises,” and a constant flow of new money into the markets. The biggest beneficiary of all this Fed activity has been the stock market—which ended the year at some pretty good “handles,” with the Dow above 13,000, S&P 500 above 1,400, and the Nasdaq above 3,000. Oh, wait, our Congress!

Taxes 73
article thumbnail

GonzoBanker Awards 2017

Gonzobanker

Rainbolt has quietly built a community bank in the past 20 years that is closing in on $2 billion of market cap. For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company. GonzoBanker of the Year – Large Banks. At a banking conference.

article thumbnail

Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

Another Volatile Quarter I know I risk sounding too negative, but we cannot seem to shake the crisis mentality that keeps whipsawing bond and stock markets. There has been a lot of talk about rescues from the European Union, but the markets want action. So why were the markets disappointed in the Fed’s forward guidance?

DC 67