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Don't risk an audit. Here are four reasons the IRS may flag your return

While the odds of an audit have been low, your return may get flagged for several reasons, tax experts say. Here's what filers need to know.

2 years ago

The current job market is a 'juggernaut,' economist says. Here are 6 things to know as a job seeker

Job and wage growth are strong, layoffs are low and workers are quitting at high rates. Here's what to know about a trove of labor data issued this week.

2 years ago

Don't risk a tax audit. Here are four reasons the IRS may flag your return

While the odds of an audit have been low, your return may get flagged for several reasons, tax experts say. Here's what filers need to know.

2 years ago

FCA Uses New Tools to Catch 14X more Mis-leading Ads than Last Year

FCA | Release | Feb 3, 2023 The Financial Conduct Authority (FCA) required firms to amend or remove 8,582 promotions during 2022 - 14 times more than 2021, a report published today shows. Social media remains a major focus for the regulator’s work in combatting misleading promotions. The FCA has worked closely with several Big


The post FCA Uses New Tools to Catch 14X more Mis-leading Ads than Last Year first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Keeping Your Home Safe in the Digital Age: The Latest Tech in Home Security

Guest Post | Feb 3, 2023 Technology advancements have allowed us to improve processes and cover previously impossible areas. For example, the latest technological advances in security have enabled our homes to remain safer daily, stay one step ahead and keep our home and loved ones safe. In this blog post, we will explore the


The post Keeping Your Home Safe in the Digital Age: The Latest Tech in Home Security first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Roughly 70% of taxpayers are eligible for IRS Free File, but only 2% used it in 2022

Roughly 70% of Americans qualify for IRS Free File, but only 2% of taxpayers used it in 2022. Here's what to know to file your federal return for free.

2 years ago

How to protect yourself from tax fraud and scams, according to cybersecurity experts

Fraud costs Americans billions of dollars each year, and tax season is a time when phone, email and text scams, including IRS agent impersonation, all rise.

2 years ago

Crypto Hacking Reached $3.8 Billion in 2022 (Biggest on record)

Chainanalysis | Feb 1, 2023 2022 was the biggest year ever for crypto hacking, with $3.8 billion stolen from cryptocurrency businesses. DeFi protocols by far the biggest victims of cryptocurrency hacks accounting for 82.1% of all cryptocurrency stolen by hackers — a total of $3.1 billion — up from 73.3% in 2021. And of that


The post Crypto Hacking Reached $3.8 Billion in 2022 (Biggest on record) first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Top 10 Trends Reshaping Banking for 2023

Accenture | Michael Abbott  | Jan 10, 2023 A combination of well-established forces and recent developments is reshaping banking. Overview: In the absence of that revenue stream, banks shifted their focus from the totality of customers’ financial needs to isolated products that continued to generate fees. At the same time, fintech innovators burst onto the


The post Top 10 Trends Reshaping Banking for 2023 first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

ARK Innovation Predictions and Big Ideas 2023

Fortune via Yahoo Finance | Christiaan Hetzner | Feb 1, 2023 Hypersonic flight, 3D printed humanoid robots, groceries delivered by drones, molecular biomarkers for early detection of malignant tumors Report: That's the conclusion from her annual Big Ideas report published on Tuesday by her money management firm. This 153-page deep dive attempts to handicap the


The post ARK Innovation Predictions and Big Ideas 2023 first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Annuity sales hit record last year, eclipsing sales during 2008 financial crisis amid fear, higher rates

Consumers flocked to annuities marketed as being "protection-focused" as stocks and bonds faltered and annuity payouts were relatively attractive.

2 years ago

Supreme Court challenges to Biden student loan plan hinge on overreach, financial harm

The Supreme Court is set to review a Biden administration debt relief plan for student loan borrowers. Here's why plaintiffs argue the plan should be struck down.

2 years ago

Is the Crypto Bottom In Yet?

Tristram Waye for Bitvo | Feb 2, 2023 After a substantial lift in crypto, it begs the question, was that the bottom?  The answer, of course, is no idea.  Because bottoms are not events but rather a process.  After a challenging crypto winter, the relief is welcome, but the question of whether it’s over requires


The post Is the Crypto Bottom In Yet? first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Insurers Cautioned on “Silent Crypto” Exposure

Wilson Elser Moskowitz Edelman & Dicker | Anjali Das  | Jan 23, 2023 The recent implosion of crypto firm FTX and its affiliates provides a case study for potential crypto exposure under traditional insurance policies in this series of four articles Silent Crypto for D&O and Corporate Liability Insurance (Part I), Silent Crypto Exposure for


The post Insurers Cautioned on “Silent Crypto” Exposure first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

IRS about 3 to 5 times more likely to audit Black Americans' tax returns, study finds

Black Americans are nearly three to five times more likely to be audited by IRS, a new study shows. Here's what it means for filers.

2 years ago