article thumbnail

New Mexico Lawsuit Sparks Marijuana Business Tax Debate

PYMNTS

Paying business taxes is a key source of friction for many legal marijuana companies in the nation, particularly for companies that operate on a cash-only basis. A lawsuit in New Mexico is reigniting the debate over marijuana business taxes, only this time, the controversy surrounds how to classify these companies under state tax code.

article thumbnail

JD Sports Purchases California-Based Shoe Palace

PYMNTS

More than 50 percent of the retail locations are in California, but the retailer has an “established retail presence” in Hawaii, New Mexico, Colorado, Florida, Arizona, Nevada and Texas. Shoe Palace provided a $52 million pre-tax profit in the year ending Dec. 31, 2019, according to the announcement.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Casino Reopenings Draw In Gamblers Despite Online Gaming Surges

PYMNTS

The mayor, who is also a table games manager at a local casino and hotel, said per the report that he has come across people traveling from states that are close by as well as those that have come from Florida, Texas, New Mexico and New York. And, even though revenue for its casinos dropped 61.7 million in March of last year.

Online 130
article thumbnail

FTC Shuts Down Debt Collector as Part of “Operation Corrupt Collector”

CFPB Monitor

Falsely threatening debtors with arrest, criminal prosecution, service of legal process at their residences or workplaces, civil lawsuits, civil liabilities or penalties, wage or tax-refund garnishments, liens on vehicles and homes and the freezing of assets. Using profane or abusive language when communicating with debtors.

article thumbnail

Short-Term Health Insurance: What Is and Isn’t Covered

MyBankTracker

These plans do not qualify for premium tax credits as the Affordable Care Act plans might. New Mexico. These non-marketplace health insurance plans do not qualify for premium tax credits. This means they check your medical history before approving or denying you. Here are a few other details on some key differences.

article thumbnail

Oportun Personal Loans Review: For Borrowers With No Credit

MyBankTracker

To apply, you must live in one of the following states : Arizona California Florida Illinois New Jersey New Mexico Nevada Texas Utah Idaho (online only) Missouri (online only) Wisconsin (online only) Currently, you can only apply if you receive an offer code in the mail, but the company plans to open applications to the public in the near future.

Idaho 52
article thumbnail

CFPB April 2016 complaint report highlights mortgage complaints, complaints from California consumers

CFPB Monitor

New Mexico, Indiana, and Minnesota experienced the greatest complaint volume increases from the same time last year (January to March 2015 compared with January to March 2016) with increases of, respectively, 32, 29, and 26 percent. Previously, such complaints were directed to the Department of Education.