Posts Categorized: Business

Sigma Tax Pro gives information provided by the IRS on proposed foreign tax credit regulations

Posted filed under Business.

In light of the the Tax Cuts and Jobs Act passed last December, the IRS has issued proposed regulations for both businesses and individuals in regards to foreign tax credits.  The TCJA includes several significant changes on how the government taxes foreign activities. The proposed regulation issued earlier this week includes information and rules to… Read more »

Lucky Labs and Ukrainian universities will help students develop startups

Posted filed under Business.

Twenty-three Ukrainian universities joined the program StartUp Club to create entrepreneurial clubs for students. In particular, the clubs have already opened in higher educational institutions in Kyiv, Chernihiv, Uzhgorod, Poltava, Kherson, Zhytomyr, Dnipro, and Kharkiv. The program started in autumn 2018 at the initiative of the network of academic business incubators YEP! and the Ministry… Read more »

Cardknox Announces Payment Processing Partnership with BMS Technologies

Posted filed under Business.

Cardknox, a Fidelity Payments company and payment technology services provider, today announced that it has signed a partner agreement with BMS Technologies, bringing clients of the mailing and billing software a built-in payment processing solution. BMS Technologies offers businesses customizable invoicing and statement services. By integrating with Cardknox, BMS users will have access to Cardknox’s… Read more »

Sigma Tax Pro provides information offered by the IRS on guidance for income tax withholding

Posted filed under Business.

After deciding to delay changes to Form W-4 until 2020, the Internal Revenue Service released Notice 2018-92, which offers interim guidance on income tax withholding for 2019.  The IRS did release a draft version of a new Form W-4 earlier this year, however it was received with heavy criticism from accountants and professional tax preparers… Read more »

Minority-Owned Tech Startup Mixtroz Raises Over $1M for Networking Software

Posted filed under Business.

Mixtroz, a minority and woman-owned tech startup specializing in connecting people at live events in real time, has reached the historic fundraising mark of $1 million. Kerry Schrader and Ashlee Ammons, the founding mother-daughter team behind Mixtroz, have joined the exclusive circle of only 40 black females to close $1 million in seed funding. “Achieving… Read more »