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How Pilot Is Innovating Corporate Taxes For Millennial-Run Businesses

PYMNTS

Tax season frustrations can blossom into real financial problems, especially when refunds are paper checks sent through postal mail. Recent research finds that 67 percent of millennial business owners operate independent companies rather than franchises. Proper tax education is critical to any business’s future, Daher said.

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Deliveroo Expansion Triggers Big Revenue Growth And Losses

PYMNTS

The company’s revenues went up 72 percent in 2018, according to a report by the Financial Times , but it saw its operating expenses increase £349.4 All of the investments in Deliveroo’s business helped to push worldwide sales to £476 million, but the company’s pre-tax losses grew 16.6 million in 2018, up from £106m a year before.

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Why Is Qatar Banning Crypto?

PYMNTS

The financial center operates with its own legal, regulatory and tax infrastructure and traces its roots back to 2005. India, of course, has said financial firms cannot provide such services, and China has banned the operation of domestic exchanges. In other words: Blockchain is seemingly in the mix; cryptos are not.

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Adobe To Aquire Magento Commerce For $1.68B

PYMNTS

Adobe has entered into a definitive agreement to acquire Magento Commerce for $1.68 Supported by a community of more than 300,000 developers, the Magento partner ecosystem provides thousands of pre-built extensions for functions such as payments, shipping, tax and logistics. billion, subject to adjustments.

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The Middle Market’s Expense Management Conundrum

PYMNTS

” Perhaps one of the biggest challenges for this space is that the exact definition of the middle market isn’t exactly clear. There are others who will state that the definition of mid-market can hinge on the segment of business that is being discussed.” “We are more than welcoming them.”

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Blockchain Tracker: Hybrid, Private And Public Blockchain’s Impact On The Finance Industry

PYMNTS

We sat down with automated tax software company Avalara ‘s CTO and EVP of engineering, Peter Horadan, to learn more about the differences of each of these areas of blockchain and their impacts on the financial industry. PYMNTS: Please share your own definition of hybrid, private and public blockchain technologies.

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Why shell companies are so risky (and hard to spot)

Insights on Business

This makes sense, as two of the legitimate uses of shell companies are the ability to shield owners from litigation and as a vehicle for tax avoidance (not evasion). Besides reducing tax burdens, shell structures are a great mechanism for hiding money laundering and funds from organized crime activities as well.

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