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Tax pros still in limbo after IRS tells millions who received state rebates to pause filings

If you received a state tax rebate or payment in 2022, it's unclear whether the funds are taxable on your federal return. Here's what to know.

2 years ago

Taylor Swift says fans will 'get on it' to reduce egg prices. Here's why costs are so high

Trevor Noah joked with popstar Taylor Swift at the Grammys about high egg prices. Here's what to know about prices and when consumers might see relief.

2 years ago

IRS says many state rebates aren't taxable at the federal level. Some may face filing struggle, tax pros warn

The IRS on Friday issued state rebate and payment guidance for millions of filers urged to pause federal filings. Here's what taxpayers need to know.

2 years ago

The gap between Main Street and Wall Street over the economy, recession and inflation is widening

Wall Street has started 2023 with a boom, the Fed says disinflation has begun, but on Main Street, business owners still see high inflation and a weak economy.

2 years ago

How small businesses are fighting inflated credit card swipe fees

Credit card swipe fees have more than doubled over the last decade, leading some business owners to look for new and creative ways to claw back their profits.

2 years ago

Rollovers from a 401(k) plan to an IRA: Weigh these 7 factors first

A rollover may sound like a simple task. But there are many pros and cons to consider, and mistakes can be costly.

2 years ago

Formula for Building Fintech Companies with Resilient Valuations

BCV | Sarahinkfuss and Tina Dimitrova | Feb 7, 2023 We share this analysis with the hope that our findings can inform and encourage the many talented founders and management teams building fintech companies. Do not let the volatility of the past three years obscure the greater arc of the fintech story: we are in


The post Formula for Building Fintech Companies with Resilient Valuations first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Kraken (Payward Inc.) in Advanced Stages of SEC Unregistered Securities Probe

BNN Bloomberg | Allyson Versprille | Feb 8, 2023 Kraken (legal name Payward Inc.), one of the world’s largest cryptocurrency exchanges, is embroiled in a probe by a top US financial regulator over whether it broke securities rules related to certain offerings to American clients The Securities and Exchange Commission probe into whether Kraken offered


The post Kraken (Payward Inc.) in Advanced Stages of SEC Unregistered Securities Probe first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Financial Institutions and Regulators Alike are Showing Growing Interest in Fintech and Regtech Solutions.

Thompson Reuters | Zach Warren  | Feb 7, 2023 As more and more financial services firms utilize fintech and regtech tools to make their operations more efficient and effective, regulators are too According to TRRI’s Fintech, Regtech and the Role of Compliance in 2023 survey report, which surveyed global financial services institutions about their fintech


The post Financial Institutions and Regulators Alike are Showing Growing Interest in Fintech and Regtech Solutions. first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Tips on How to Approach Funding in the Current Market

FastCompany | Leslie Feinzaig | Feb 6, 2023 There was a moment last spring when startup founders across the globe experienced a sudden collective whiplash. It was the Great Venture Capital Reset of 2022, when fundraising activity screeched to a halt after running fast and hot for the longest bull market in VC history. Data


The post Tips on How to Approach Funding in the Current Market first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Kraken Agrees to $30 million Settlement with SEC and Stops U.S. Customer Staking Program

Yahoo Finance | Jennifer Schonberger and David Hollerith | Feb 9, 2023 Crypto exchange Kraken is paying $30 million to settle charges Thursday with the Securities and Exchange Commission for allegedly violating securities rules by failing to register its crypto asset staking-as-a-service program with the SEC. Asked whether the SEC was moving to eliminate staking


The post Kraken Agrees to $30 million Settlement with SEC and Stops U.S. Customer Staking Program first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

How Do You Secure Trade Online?

Guest Post | Feb 9, 2023 With more and more people using online platforms, online trading has become a big business today. While trading online has many benefits, it always exposes you to many dangers. Protecting your online trades from emerging cyber threats is important by following secure practices. In this article, we have talked


The post How Do You Secure Trade Online? first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Reverse Mortgage Debt Skyrockets 31% YoY Among Canadian Seniors

Better Dwelling | Daniel Wong | Feb 6, 2023 Reverse mortgage debt has recently surged in growth, with the debt rising at an unusual fast rate for any credit segment. Canadian homeowners aren’t shy about cashing in on their windfall, especially seniors. Regulatory filings with OSFI, Canada’s bank regulator, show reverse mortgage debt surged in


The post Reverse Mortgage Debt Skyrockets 31% YoY Among Canadian Seniors first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Here are the top 10 cheapest four-year public colleges for in-state students

If picking a college comes down to the financial bottom line, then an in-state public school is often the best deal.

2 years ago

Crowdfund Capital Advisors Drop 2022 Investment Crowdfunding Report: 7 Charts Highlight Growth and Impact

Crowdfund Capital Advisors | Sherwood Neiss | Feb 8, 2023 2022 was a challenging year for venture-back companies but there were many silver linings for investment crowdfunding.  Last week, Crowdfund Capital Advisors released their 7th annual Year in Review report. 105-page report (our longest yet) contains 100 charts, tables, images, and maps. Pitchbook Angel/Seed deals


The post Crowdfund Capital Advisors Drop 2022 Investment Crowdfunding Report: 7 Charts Highlight Growth and Impact first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago