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Many Philadelphians are likely to see property tax relief amid soaring real estate assessments, as well as cuts to wage and business taxes, thanks to a compromise between City Council members and Mayor Jim Kenney’s administration that was approved in a key committee vote late Wednesday night. Under the tax plan that came together in...
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RALEIGH, N.C. – Emmanuel Wesner Jean, owner of Jean Tax Services (JTS), a tax preparation business located in Lumberton, N.C., was arrested today on charges of tax fraud. In the criminal complaint, which was unsealed today, Jean is charged with aiding and assisting in the preparation and presentation of a false and fraudulent Return, in...
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BASKING RIDGE, NJ and PURCHASE, NY – Today, Verizon Business announced that it is teaming up with Mastercard and First National Bank of Omaha (FNBO) to launch a credit card designed to bring value to small business owners. In the coming weeks, existing Verizon Business wireless customers with less than 100 lines and an online...
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Jersey Shore Borough Council approved a request by West Pharmaceutical Services to apply for tax forgiveness during its recent monthly meeting. LERTA, or Local Economic Revitalization Tax Assistance, provides tax abatements over seven years to companies looking to expand their operations as a means of incentivizing redevelopment of aging or deteriorating properties. Under...
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  Tarrant County Commissioners approve $25 million Small Business Workforce Recovery Grant Program The Tarrant County Commissioners Court allocated $25 million in federal funding to assist small businesses impacted by the COVID-19 pandemic with workforce recovery, retention, recruitment, training, and development efforts. “We know that small businesses continue to bear the brunt of the economic...
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Almost three times as many Russian millionaires are expected to leave the country this year than in 2019, the year before the pandemic, according to a report by Henley & Partners, a company that helps wealthy clients move abroad. As Western sanctions make life harder for its elite, Russia is predicted to suffer a net...
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Nerves remain raw after two of the world’s biggest cryptocurrency platforms restricted activity on Monday as the wider market meltdown continued apace. The Celsius Network, which has 1.7 million customers, said that “extreme market conditions” had forced it to temporarily halt all withdrawals, crypto swaps and transfers between accounts. “We are taking this necessary action...
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Placeholder while article actions load Oracle Corp. reported results and gave a forecast suggesting the effort to move its customers to the cloud is gaining momentum, and the acquisition of health care records provider Cerner Corp. will help accelerate the growth of the business. Investors reacted positively, sending shares up more than 13% in extended...
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Devin Lay carried boxes upon boxes of high-end sneakers into Johnson Obear Apartments on campus during the first half of his freshman year at UTC. An interior architecture and design major at the time, Mr. Lay worked round the clock on the shoes when he wasn’t in class, embellishing them with intricate and colorful hand-drawn...
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Brooks had $62 million in annual sales when Jim Weber became CEO in 2001. The brand recently hit $1 billion. Weber thinks the company can quadruple that by 2030. Weber’s plan: Keep it simple and focus on shoes for runners. Jim Weber, the CEO of Brooks, expects the market for running shoes to double over...
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