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Crypto tax startup gets backing from Haun Ventures > articles

...TaxBit joins a wave of early investments by Haun Ventures, a venture capital firm launched in March by former federal prosecutor Katie Haun. Haun founded the firm after leaving Andreessen Horowitz as a general partner and raising $1.5 billion for the new project.... ...Haun Ventures has already backed nonfungible token platform Autograph, NFT marketplace OpenSea, blockchain startup Aptos and crypto lender Moonwell. Founded in 2018, Salt Lake City-based TaxBit raised $130 million at a more than $1.3 billion valuation in August....

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Democrats urge IRS to boost drivers' 58.5-cent mileage deduction > articles

...House Democrats are pushing the Internal Revenue Service to increase a tax break that would help truckers, Uber Technologies Inc. and Lyft Inc. drivers and other transportation-related businesses cut their tax bills as they struggle with soaring gasoline prices.... ...Representatives Ruben Gallego of Arizona and Sharice Davids of Kansas, along with other Democrats, asked IRS Commissioner Chuck Rettig to temporarily boost that amount, according to a letter obtained by Bloomberg News....

thumbnail favicon —  1+ hour, 33+ min ago

Mastercard launches tech that lets you pay with your face or hand in stores

...Mastercard is piloting new technology that lets shoppers make payments with just their face or hand at the checkout point.... ...The program has already gone live in five St Marche grocery stores in Sao Paulo, Brazil. Mastercard says it plans to roll it out globally later this year....

thumbnail favicon —  1+ hour, 41+ min ago

Investor interest in equity and crypto-focused funds picking up despite the sell-off, Tifin CEO says

...We've seen an uptick from both consumers and advisors who are searching and asking more questions," CEO Vinay Nair said. - Tifin, which was founded in 2018, announced last week that it raised $109 million in a series D funding round....

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Allianz Global Investors U.S. LLC > litigation > admin

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Trevor L. Taylor > litigation > admin

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Stephen G. Bond-Nelson > litigation > admin

thumbnail favicon —  2+ hour, 49+ min ago

Paramount shares jump 10% after Buffett's Berkshire reveals new stake

...- Shares of Paramount Global jumped Tuesday after Warren Buffett's Berkshire Hathaway revealed a new stake in the media company. - Berkshire bought 68.9 million shares of Paramount to build a stake worth $2.6 billion as of the end of March, according to a regulatory filing released Monday... ...Paramount shares are beating the market this year, down 7.2% versus the S&P 500's 14.9% decline. It is unclear if the purchase of Paramount shares came from Buffett or one his investing deputies, Todd Combs and Ted Weschler....

thumbnail favicon —  2+ hour, 42+ min ago

Investors withdraw over $7 billion from tether, raising fresh fears about stablecoin's backing

...Treasury Secretary Janet Yellen warned of the risks posed to financial stability if stablecoins are left to grow unfettered by regulation, and urged lawmakers to approve regulation of the sector by the end of 2022....

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