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Virginia Man Pleads Guilty To $2.5 Million PPP Swindle

PYMNTS

A Leesburg, Virginia, man pleaded guilty to a federal bank fraud charge that he stole $2.5 District Attorney’s Office for the Eastern District of Virginia stated in the release. attorney for the Eastern District of Virginia, in the release. Department of Justice announced in a press release.

Virginia 222
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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. How economic nexus policies play out with restricted substances .

Retail 109
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Same-Day ACH And Unattended Retail Sizzle, Amazon Key and Fresh Both Fizzle

PYMNTS

Security camera or no security camera. ” For the much larger set who said, “no thanks,” privacy and security topped the list of concerns. ” For the much larger set who said, “no thanks,” privacy and security topped the list of concerns. But ready or not, the Key has started shipping.

Retail 100
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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Kenna Security. SpyCloud identifies exposed employee and customer accounts to safeguard them before any malicious activity can occur.

US 116
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Factors influencing discounts applied in private-company valuations

Abrigo

MBA, an associate professor of finance at West Virginia University who has published extensively in scholarly finance research journals and presented at national and international finance and valuation conferences. But the restrictions affect the marketability of the company, so a discount is applied in any valuation. “The

Company 150
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The Election That Misplaced Small Businesses

PYMNTS

Trade has been a big topic of conversation on the campaign trail, as have debt, taxes, wages, immigration and monetary policy. 2) Can taxes be made comprehensible? There is the answer we thought we would get when we asked store front businesses about taxes — and then there is the answer we did get.

Taxes 50
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Fizzle Of The Week: The Cannabis Payments Conundrum

PYMNTS

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177