Wall Street is on a five-day losing streak. The decline, as measured by the S&P 500 SPX, 3.6% isn’t so great, but it seems hopelessly inevitable once the benchmark fails to hold above its 200-day moving average. The relapse of every rally in 2022 is recognition that equities’ relationship with central banks has changed. Once …
The Internal Revenue Service reminds taxpayers to report transactions of at least $600 made through payment networks like Venmo, Paypal and Cash App, as the agency seeks data regarding part-time employment and side gigs, a move critics called a government abuse. In a recent explainer posted online, the IRS said that according to the American …
IRS warns Americans to report $600 transactions from payment processors or risky audit Read More »
In short On October 27, 2022, the Commission of Inquiry of the Federal Commission for the Economy (COFECE) published a notice of initiation of an investigation into the marketing of services related to credit card transactions in the form of deferred payments with months irrelevant (market under investigation) due to alleged absolute monopolistic practices (or …
Mexico: COFECE investigates the market for services related to credit card transactions Read More »
