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Bitcoin Daily: Bill Proposes National Oversight For Crypto Exchanges; Russia Seeks Criminal Penalty For Not Reporting Crypto

PYMNTS

24), could put digital currency exchanges under one national structure, CoinDesk reported. Representative Michael Conaway of Texas, who is the House Committee on Agriculture’s ranking member, put forward the legislation. Every entity in the nation would need to disclose yearly digital currency income if it is above $1,300.

National 121
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Trust and tax services: Worth offering?

Independent Banker

To satisfy the banking needs of some commercial and high-net-worth clients, some community banks provide trust and tax strategy services. For some banks, those services include specialty trust and tax strategy services. is one community bank that offers a wide range of trust and tax services. By Don Sadler.

Taxes 91
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Is Sales Tax An Anchor On Amazon?

PYMNTS

One of the more long-grumbled complaints in retail is that Amazon and other eCommerce players are able to exploit a loophole that allowed them to mostly avoid charging sales tax. Would collecting sales tax 100 percent of the time take a bit out of Amazon’s bottom line? Recent data suggests — probably not.

Taxes 101
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The ICBA 22/23 executive committee is all in

Independent Banker

When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. By Molly Bennett.

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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. There’s a lot of energy in the southern half of Texas, and it’s not just the resources that power our homes and cars. Photo by Dennis Burnett. Here’s how four community banks are thriving in this environment. By Mindy Charski.

Texas 182
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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

eCommerce sales tax laws are having unintended consequences in the tobacco industry. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. in 2017 had a 52.75

Retail 109
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The Millennial Real Estate Boom Beckons?

PYMNTS

In the 2020 National Housing Forecast from Realtor.com , a number of predictions stand out, among them that home price growth will flatten, to a rate of about 80 basis points. The saying goes that the future belongs to the young. So, too, apparently, does real estate.