PYMNTS
JULY 1, 2020
” The opinion also noted that the IRS treats cryptocurrency more as a property than as a currency for tax purposes. This decision comes on the heels of other bars, including New York City, Nebraska and North Carolina, also deciding recently to allow virtual currency as payment, according to Bloomberg Law.
PYMNTS
NOVEMBER 14, 2018
The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., and in Long Island City, a neighborhood in Queens, New York City. In New York City, Amazon’s $1.2 Citi Reaction.
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PYMNTS
JANUARY 16, 2020
In today’s top payments news, Apple buys artificial intelligence (AI) firm Xnor for $200 million, a panel in New York City is seeking a $500 million bailout for debt-burdened taxi drivers and Google modifies its search function to make finding and comparing apparel easier.
PYMNTS
JANUARY 4, 2019
The report’s goal is to study the transparency of the digital marketplace, what kind of effect cryptocurrency and blockchain technology will have on state industries and how it will affect taxes, among other subjects.
PYMNTS
SEPTEMBER 8, 2020
He pointed to advancements in technology that allow people to tap into wages as they are earned to help alleviate financial stresses. The tax situation can also improve for individuals and their employers alike as workers move to leafier, suburban locales. Yet, in neighboring Connecticut, the top income tax rate is 7 percent.
PYMNTS
AUGUST 10, 2020
Diluted earnings per share, which include pre-tax charges of $37 million related to the purchase of Runners Point Group, the German specialty retailer, restructuring of its Eastbay division and costs incurred in connection with the recent social unrest, are expected to be 38 cents to 42 cents per share, down from 55 cents last year.
PYMNTS
FEBRUARY 21, 2019
For that, thank digital and mobile technologies, and the ability to analyze data in such a way as to find those seemingly small, but meaningful differences in the cost of driving throughout various locations. Beyond that, though, using the IRS rate can lead to unnecessary expenses, including tax-related ones, for employers.
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