Finance Tech

PayPal is the virtually identical with online payments, but it is not only one in the upward digital money planetary. At very closely every consumer market that is to moving online. For example, we consider how to Amazon, Walmart is the world’s largest trader. Customers is revolving to online payment systems that record number found in every year.

The market for online payment platforms is always modernising, and main players are original to take notice, like as the lot of room for challenger services

PayPal

One benefit that PayPal is that it is a massive, multi-facility stage; participants are not permanently as varied. For instance, Strip is intended to online industries. Additional choices contest on several faces, counting Google Pay will be Send. Individually brings somewhat exclusive to the table, consequently the best other likely be contingent to the separate customer’s online money ways.

Skrill

Skrill is the one of the best-known PayPal another possibility. The key part where Skrill sellers its services over PayPal on which relations of transaction charges.

One of area to fear for private workers is the idleness fees if Skrill accounts is not used for 12 months. PayPal is not has this feature. PayPal’s is the main benefit over Skrill is that terms of business receipt. It is just relaxed for several customers to use PayPal since virtually every main store is PayPal available. For the isolated users, however, Skrill is a best choice as it has zero deposit fees and nothing fees for withdrawals, and send and receive money which is free.

Payoneer

Payoneer is one of the greatest popular electric platforms in all over the world. It is in progress to about the similar time as PayPal, and such as a PayPal, works in further 200 countries.

Payoneer has two kinds of accounts: one that is free and decides for money taking away conventional in to the local bank account.

Payoneer is also offers a service called as Billing Service which is allows for a business to set up for demanding payments for customers. That is a 3% fee to credit cards & 1% for debit cards. Payoneer is a solid other to PayPal that delivers a lot of functionality & services for both personalities and businesses.

Google Pay Send

Google pay has a several types of big-name participants can have to itemize here, like as Apple Pay, Amazon Pay, or Samsung Pay; yet, nobody of these services has rather the full variety of choices of PayPal, even though they do not have a absence for properties and are all strong-minded to be thoughtful competitors in that future. As an alternative, Google Pay Send us to becomes the nod for this capability to assign payments to Gmail messages, & the detail that Google is one of the rare corporations that to control the online world.

Like PayPal, Google Pay Send us an excessive to sending money and from anywhere for almost any object.

N-Genius Payment device

N-Genius online payment solutions is doing complete to your any business environment. Its usable is very easy to touch to user interface and updtaed design. This device will offer to a supplemented experience for all worker to enjoy.it is easy to usable, intelligent technology, usable on mobile phone, secure platform.

When it comes to borrowing money and taking out loans, we all have different needs. Some people want to borrow a large amount of money over a longer-term while others are looking for a short-term solution and only want to borrow a small amount. In addition, people’s eligibility for different loan solutions can vary, as this is based on many factors including income levels and credit score among other things.

If you fall into the group looking for a short-term loan for a relatively small amount of cash, you may find that a payday loan provides the perfect solution. These loans have gained popularity over the years, although you must bear in mind that they do come with high rates of interest. However, because you are borrowing over a very short term – a matter of weeks – you do not have to worry about interest accruing over many years. In this article, we will look at why you might want to consider a payday loan for a short-term loan solution.

Why This Is a Viable Choice

So, why is a payday loan a viable choice for those who want a short-term solution to financial issues? Well, when you find yourself stuck because you have no available cash but you have payments you have to make and living costs to cope with, you can find yourself in a very stressful situation. If you do not have credit cards or an overdraft to turn to, your options are very limited. While some people may turn to friends and family, many do not want to do this and feel embarrassed.

Payday loans provide you with the ideal solution, as they enable you to take out the cash you need quickly and conveniently without going cap in hand to friends or family members. It also means that you have a financial lifeline, so you won’t have to stress about where you will get the money to pay urgent bills or deal with household costs. Many people find that they run out of cash partway through the month from time to time, and this means that they need a way to cover their costs for the remainder of the month. This can provide a great solution.

Another reason why a payday loan is a great choice is that the payment is generally made very quickly, and in some cases, you can even get it on the same day as your application. Again, this is ideal if you have run out of cash, have no savings or alternative solutions, and need to get cash quickly to make payments.

Of course, one of the added bonuses of these loans is that you do not have to have a good credit score in order to take out a payday loan. Even if you have a low credit score, you can still get the money you need by applying for one of these loans.

These are some of the reasons why a payday loan is a viable solution.

One of the key principles of investing or wealth creation in the stock market is to buy right stocks at the right price which is at times difficult to achieve in a market that keeps moving up and down. People often read stock market rich stories before getting into an investment which is a good habit but should be used for just motivation only.

No doubt the stock market can provide you big money and always which is the reason why most of the investors are drawn towards the stock markets and want to know the path to how to become rich by investing in the stock market. However, making money in the equity markets is not that easy as it sounds. Apart from knowing the basics of investing, one should also have a sound understanding of the market and the stocks that can make them good money in the long run. If not, then instead of making any profit, you will end up incurring losses in the market. In this article, we will be discussing how to invest in stocks which will definitely make you a winner choosing the right company.

1. Kotak Mahindra Bank

Kotak Mahindra Bank is counted among the leading banks in India, despite being much younger than many other banks. Kotak Mahindra has shown exponential growth, since its inception in 2003.

In terms of market capitalization, Kotak is the third-largest bank after HDFC and ICICI.

We believe Kotak Mahindra bank will emerge to the next heights in the years to come and will take full benefits from the growth of India INC and the digital banking space.

Currently, it is traded at around Rs. 1340 and the market cap is Market Cap Rs. 263,951.52 crores

Strengths

• Increasing Net Cash Flow and Cash from Operating activity
• Return on equity (ROE) has been improving since last 2 year by effectively using Shareholders fund
• The strong cash-generating ability from the core business and also improving Cash Flow from operation for the last 2 years
• Annual Net Profits improving for the last 2 years

2. Infosys Ltd

Infosys Ltd is one of the top companies in the information and technology sector of India. The company has a market cap of RS. 271,037.19 crores. The dividend yield of the company is 1.85% and has been a wealth generator for shareholders over the years and it continues to do so. If someone is looking for the best dividend-paying stocks for the long term, Infosys is the right choice. It is currently traded at Rs. 960 and has a market cap of Rs. 402,333.14

Strengths

• Substantial growth in the Quarterly Net Profit with an increasing Profit Margin (YoY)
• A company which has no debt
• Increasing quarterly Revenue for the past 4 Quarters
• Strong ability to generate cash generating from core business – Improving Cash Flow from operation for the last 2 years

3. Reliance Industries Ltd

Reliance Industries Ltd is one of the most trustworthy and profitable Indian company stocks for the long term. The long track record of distributing dividends among its shareholders makes it a top dividend-paying stock.

RIL is a significant global player in the integrated energy value chain while establishing leadership positions in the retail and digital services business in India. The company is ranked on 106th position in the Fortune Global 500 list of the world’s biggest corporations as of 2019. Reliance Industries is known as a wealth creator for investors. If you are thinking of investing in stocks and making good profits, RIL is one of the best choices you have.

Strengths

• Promoters have been constantly increasing shareholding
• Net Cash Flow is on the rise and also the cash from Operating activity
• Substantial Growth in Net Profit with increasing Profit Margin (QoQ)
• Growth in Net Profit each quarter with increasing Profit Margin (YoY)

4. Tata Consultancy Services

Tata Consultancy Services Limited is the largest IT sector company in India and had recently crossed $ 100 bn market value. Also, in the past few it has consistently delivered growth in double-digit.TCS is the largest contributor to the Tata Son Group of business.

Long term investors might be skeptical about investing in the TCS stock, as some may say that the company has reached its saturation stage.

But keeping in mind the company has delivered double-digit growth since 2014 and will continue to have strong fundamentals, this is an ideal stock to invest. Also, TCS is the second-largest Indian company by market capitalization. It is currently traded around Rs. 2290 and has a market cap of Rs. 867,926.58

Strengths

• It uses its capital effectively to generate profit – RoCE (Return on capital employed) improving in the last 2 years
• Effectively using Shareholders fund – Return on equity (ROE) improving since last 2 years
• A company with No Debt
• Strong ability to generate cash from core business – Improving Cash Flow from operation for the last 2 years

5. Bajaj Finserv

The renowned Bajaj Holdings & Investments Limited has also a part which is an Indian financial services company focused on lending, asset management, wealth management and insurance named Bajaj Finserv. It has a Market capitalization of Rs 128,585.32 Cr. Bajaj Finserv Ltd has provided outstanding returns in recent years.

Back in 2010, the company’s stock was traded at Rs. 350. Today, the value of the stock is around Rs 6270. Just imagine the profits a stock investor in 2010 would have made by now. The company has been successfully making profits because of the innovative credit or loan product it offers to the customer, making the shopping experience hassle-free. The business model seems sustainable and is poised to make further business given India’s growing economy and disposable income.

Strengths

• Increasing Net Cash Flow and Cash from Operating activity
• Growth was seen constantly in Net Profit with increasing Profit Margin (QoQ)
• Company successfully able to generate Net Cash – Improving Net Cash Flow for the last 2 years

On a closing note

Investing is an art which is easy to master if you have the right strategy and perseverance. If you know how to invest, how the market works and what stocks are the rich buying, then you can become a good investor and make tons of money. There are many people who made a fortune by investing in the share market and there are many who have lost all their money in the stock market. The Stock Market is a great place to grow your money and become rich but it is also a place where you can become Poor if not invested properly as there is nothing like a stock market millionaire overnight; only experience, constant efforts and perseverance will reap the fruits for you.

 

Finance and banking careers are deemed as highly rewarding opportunities for consistent growth. The field proposes a lucrative career path but the jobs in this sector, especially, in investment banking are demanding. As such investment banking jobs are not worth every tom, dick, and harry.

To be successful in this field, an individual needs to possess a specialized skill set.

Read along to know the top 6 most essential investment banking skills that every aspiring investment banker needs to have.

#1. Entrepreneurial:

Investment banking is no less than a business. Your responsibilities simply come down to achieving primary objectives of business i.e. profit. Often you will be required to work as a salesperson. Being a part of the sales team, your concern is to achieve profits for your bank. The revenues that you earn for each transaction should be higher than the input cost. In this regard, creativity and innovation are essentially needed which are likely to be fostered through entrepreneurial skills.

#2. Relationship Building:

As an investment banker relationship building will help you go a long way. Understanding your customer’s needs and being courteous to them will help you maintain healthy relationships. Rather than just selling your firm’s services indulge more into conversations. Ultimately, at the end of the day, what will make you earn a client is your relationship with individuals.

#3. Intellectual:

Possessing strong intellect is undoubtedly one of the most needed skills of an investment banker. An investment banker should be able to think out of the box to devise solutions for complex situations. Additionally, they should have a quick-thinking ability to respond during unforeseen instances. For example, suppose you are attending an important business deal, and the investor questions you regarding something that you aren’t aware of. So, in such a situation, you should be able to respond wisely.

#4. Analytical:

While working in an investment banking job, you will come across a lot of questions. Therefore, to be ready with an answer to such questions you should have good analytical skills. You should be able to assess problems through varied angles.

#5. Discipline:

Investment banking is a nerve-wracking profession. It involves long hours working under strict deadlines. From entry-level professionals to top levels managers, everyone is likely to work under intense scrutiny and demands. As such, investment banking jobs are a bit stressful. Thus, to work in this profession, you need to have enough discipline to accomplish your tasks.

#6. Presentation Skills:

As an investment banker, you will be meeting a lot of people throughout your career. Apart from creating financial models, you will be representing your team and services in front of clients. To ensure your clients get convinced with your offerings, you should have good presentation skills.

Final Words

Taking up a career in investment banking requires some specific skill set. Some of these qualities are innate, but some of these can be learned by enrolling for accredited courses. Apart from everything, investment banking is a challenging field it needs individuals who strive to learn and achieve more.

For the first time, the Internal Revenue Service is offering an electronic filing option for taxpayers seeking to amend their returns with Form 1040-X. In the following article, Optima Tax Relief reviews the new electronic option of the form that is filed approximately three million times annually.

The Internal Revenue Service (IRS) recently announced that an electronic version of Form 1040-X will be available sometime in the summer, possibly before the 2019 tax year filing deadline of July 15^th. The IRS has endeavored to provide the option in electronic form for numerous years, and it has been one of the most highly requested services by tax professionals. The 1040-X form is a tax return amendment request that has previously only been accepted by mail.

The mail-in version of the 1040-X will be the requisite version until the electronic version has been officially unveiled. The goal of the e-file version is to make the amendment process faster while reducing the typical volume of mistakes related to the manual completion of the amendment form.

According to Chuck Retting, the IRS Commissioner: “This new process is a major milestone for the IRS, and it follows hard work by people across the agency. E-filing has been one of the great success stories of the IRS, and more than 90 percent of taxpayers use it routinely. But the big hurdle that’s been remaining for years is to convert amended returns into this electronic process. Our teams have worked diligently to overcome the unique challenges related to the 1040-X, and we look forward to offering this new service this summer.” Offering an e-file version of Form 1040-X has long been a recommendation of the Internal Revenue Service Advisory Council as well as the Electronic Tax Administration Advisory Committee.

One of the many benefits of the electronic version of Form 1040-X is its ability to give the IRS an improved method for collecting important data. By amassing information in an organized and easy-to-read format, customer service representatives will be better equipped to respond to queries quickly and effectively. Moreover, taxpayers will still have the option of using the Where’s My Amended Return feature to check e-filed 1040-X forms.

The electronic 1040-X form will only be available for returns filed for tax years 2018 and 2019 once the feature is launched.

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Online sport betting has become extremely popular after the invention internet. It’s without a doubt that most sports bets nowadays are placed via the internet. However, some people are yet to try this out simply because they don’t work. Databet69 online sports betting website is the most comprehensive and leading online betting company. It allows you to place your best odds on tennis, football, and basketball for a pay. Are sports betting legal? There are no laws that make it completely illegal or prohibit online gambling but gambling is not completely legal in some countries.

Despite the increased popularity, not every player is conversant with online betting. Below is a helpful guide on how to get started.

• First select a reputable site picking sites randomly could be an easy path but it is not recommended since not all sites meet the required standards of safety. Ensure that the site covers the games you wish to bet on with reasonable odds and payouts. Make sure that the site minimum and maximum deposits are within our reach. Lastly before selecting and joining site research on their offers and bonuses you do not want to miss out. Choose a site that suits you the best. Also, of great importance is understanding the rules of the game as well as knowing the consequences of all actions.

• Open your account

Opening an account is easy all you do is visit the site homepage and click the join now button. Most sites have this button displayed at the top of the page making it easy to find. Ensure that you choose login credentials that are unique and easy to remember without making hacking easy

• Deposit some funds

Online betting sites offer various deposit payment methods which include and not limited to, debit cards, credit cards, PayPal, western union money transfer, credit cards, and bank wires. You would want to check for bonuses before making your initial deposits; if available make your claim. You deserve it.

• set your target

With all forms of gambling, online or offline, you can easily get overwhelmed and bet on all your money. You should never bet with your rent or other funds meant for your basic needs. Therefore setting a personal target and sticking to it is very vital. The amount should be something you can comfortably afford.

• Place your bet.

Now that you have made your initial deposit, start placing our bet. Each bet is displayed alongside its odds. Compare all available odds and get the best possible value for your bet. After choosing your sports they will be displayed in your betting slip. An automatic deduction of the stated bet amount will be deducted directly from your account. Winning bets are also paid directly to your account.

Finally, online gambling provides a player with the opportunities to place in-play bets as the games are ongoing. Research on live betting blogs and take advantage of it since it offers more chances at winning.

What is the future of fintech? Instant international settlements, open Forex rates, a wide range of payment instrument acceptance at an individual level, mega switches, and digital (but regulated) currencies are some of the trends experts predict will be big in the future.

Time will tell which innovations will go big. While we wait, here are some of the new products and services currently on the market based on digital technology, or fintech if you will.

Fintech (Financial Technology) is a term describing all innovative technologies with the potential of improving or replacing existing products and services within the bank and finance sectors. So far, fintech has been used for automated insurance, stock trade, banking services, risk management, and much more. The fintech industry uses modern technology and innovation to compete with traditional financial services and institutions.

Contactless Cards

Contactless cards are payments made by holding the card against the terminal instead of pulling the card strip or inserting the chip. The technology is also available on cell phones, called Near Field Communication (NFC), making two units capable of communicating wirelessly with each other.

Payments Using Phone Number

Financial technology makes it possible to make a payment without knowing the recipient’s account number, only one has his or her mobile number.

Credit Area

Different platforms for CrowdFunding or Peer to Peer-lending are some of the developments we see in the credit area. We also see the use of other principles and methods for credit assessment and credit scoring, based on large amounts of data and real-time information.

Third World Solutions

In the third world, we have registered solutions where people can get insurance by scanning a barcode on, for example, a bag of seed grain, thus getting insurance for the crop of the year.

Other notable solutions are combining damage notification on a mobile phone and satellite pictures, providing the basis for damage settlement in case of natural damage (within microinsurance).

Car Insurance

In yet other countries, mechanisms can be installed in your own car which increases the discount on car insurance when signals from the car indicate that the driving is safe and good.

“Old” Technology

Some fintech innovation is so well implemented in daily life, it’s almost considered old technology. Examples are robot technology for customer service and transaction management, online banking, and online stock trading.

 

Every year, new medical technologies emerge to increase our capabilities and provide more care to those who need it. With these developments, we can conduct more tests, get more accurate data, and test patients in new ways.

You don’t have to look far to see the results of these new developments, or to imagine the number of people who can live a better life because of them. For example, scientists have recently developed “artificial nerves,” which can replicate sensory functions in lost or damaged body parts; a patient equipped with these artificial nerves could get touch-based sensory feedback with a prosthetic designed to replace a missing limb. Immunotherapy and other cancer treatments are constantly emerging, giving new, safer, and more effective options to patients struggling with the disease. And researchers are constantly working to stay ahead of new diseases, developing vaccines to prevent the acquisition of those diseases.

However, there are high costs to these amazing technological advancements, and we need to be aware of those costs.

Expenses

First, there are literal costs to developing better technology, and at many stages of development. It costs money to lease lab equipment, pay researchers, and execute the multiple trials necessary to discover a new breakthrough; and in many cases, there are multiple failed breakthroughs before discovering something worthwhile, multiplying the costs even further. From there, the breakthrough must be considered, researched, and developed further, and after that, it must undergo strict testing—which can often be prohibitively expensive, and take years of time to develop.

Production can also be expensive, driving up the cost of the final products. The more advanced the product is, the more expensive it’s going to be, understandably. Consider the average cost of an MRI machine; while used, basic units can be acquired for as little as $150,000, most MRI systems cost in excess of $1.2 million new. The most advanced units on the market cost closer to $3 million, and that doesn’t even factor in the costs of regular maintenance.

Advanced products and technologies in other areas have similarly high costs associated with them. In many cases, the patients who utilize advanced prosthetics or similar products have their costs subsidized by the research teams developing them or other organizations.

These high expenses have a number of downstream effects, most notably on patients:

• Higher direct costs. While the treatment may be more advanced and better capable of providing value, it’s also more expensive for the end consumer. An MRI scan, for example, can cost a patient between $400 and $3,500. Without insurance, those costs can be prohibitive, making patients reluctant to get the treatment they need—and ultimately resulting in poorer health outcomes.
• Upselling and an excess of caution. Doctors often want to provide the best possible treatment to their patients, which is a noble pursuit. But these good intentions have an unfortunate side effect; they often lead medical professionals to recommend high-end treatments to patients who may not need them. Ultimately, this inflates the cost of medical treatment with only a marginal increase in treatment quality.
• Higher indirect costs. There’s a complex ecosystem in the healthcare industry that suffers from high equipment-related expenses. Hospitals are inclined to charge more for services for privately insured individuals, driving the average cost of care higher. In turn, insurance companies are forced to pay more for services, and the average insured’s premiums will increase, making health insurance less affordable.

False Positives and Overdiagnosis

Many new healthcare technologies are designed to detect diseases and injuries, or test for the presence of certain health markers. These are perceived as especially important in fields like cancer diagnosis, where early detection can save lives.

Unfortunately, this has also led to the problem of overdiagnosis. Sophisticated testing mechanisms and monitoring devices are able to identify the start of cancer development, or some other disease, so patients begin to undergo treatment. However, if left alone, this disease may never result in symptoms or death during the patient’s expected lifetime; this is best illustrated by the fact that the number of cancer diagnoses has skyrocketed in the past 25 years, but the number of fatalities has only slightly declined. This is a net positive, since it results in saving lives, but it also results in excessive stress, financial strain, and harsh physical treatments for people who may not truly need them.

Conclusion

Medical technology continues to astound even the most optimistic technophiles, and we’re on a path to make some extraordinary breakthroughs in our lifetimes. But these new technologies and methodologies are far from free. We need to remind ourselves of the costs and consequences of more advanced medical technology, and work to ensure our tech spending and resource allocation is done as responsibly as possible.

Live betting is a new innovation in online sports betting, and it has caught on like wildfire. So much so that now every online sportsbook must carry it to remain competitive. It is everywhere.

There are numerous sites that carry Live betting now. Live betting has changed the landscape of online sports betting as it requires a whole new approach compared to traditional sports betting.

But what are these new strategies and approaches? Here, we dive into everything you need to find success with Live Betting.

What is Live Betting?

Live betting can be called many things. “In-Game Betting” and “Live-Play Betting” are also very popular names but, rest assured, they all mean the same thing. Live betting allows players the option to wager on games that are already in progress, and this has been a win-win for sportsbooks as well as sports bettors.

It is quite a revolutionary feature as it means sports bettors will no longer run out of time to place a wager, but, also, new strategies are being developed to effectively use the Live Betting option.

If you want to have any success Live Betting, you are going to need a new strategy, specific sports data, and some solid technology.

New Strategies

To be a successful sports bettor, you are going to need a successful sports betting strategy. This is true if you are a traditional sports gambler or venturing into the world of Live Betting.

It is important to realize live betting is a completely different animal than traditional sports betting. Live betting is just that, live. It is very frantic and dynamic as the lines and odds are changing at every moment as the clock and game continue on.

This adds a new wrinkle to sports gambling strategies.

Get the Line You Wanted

Since the beginning of sports betting, players have been waiting on a game line to change. If they could just get that next point on the Under or the hook on that spread, they would place the bet.

One of the new strategies of live betting is to do just that after the game has started. As mentioned, once the game has started, the odds and lines available for live betting change constantly, and getting the line you wanted is much easier.

Home Favorite Rallies

In every sport, at some point in a season, a home favorite will find themselves down early and sometimes even down big. In games like these, the lines and odds have swung wildly from where they started.

Of course, home teams often make a rally, especially home teams that were favored in the first place. These have become very popular wagers especially on days where there are plenty of games to choose from.

Watching a home team go from a seven-point favorite to a seven-point underdog and pouncing on those odds can be very profitable.

Second-Half Stats

Now that you know what Live Betting is and two new strategies to use, let’s look at the sports data you are going to need if you are going to be successful with any Live Betting wager.

For instance, the second-half stats. The bulk of the game you’re Live Betting on is going to be the second half, so you’ll need a team that performs well in the second half.

Some teams finish strong, and some do not. This is true in every sport. Study up on second-half point averages and second-half defensive points allowed.

These two data points will help you figure out the teams that play well down the stretch.

Records ATS

A team’s record against the spread (ATS) can be a bit of a misleading statistic when it comes to traditional sports betting. However, it is very helpful in Live Betting.

As any game progresses, the Live Betting feature of your online sportsbook will track the score changing the odds and lines as it goes. This includes the point spread.

Knowing the team’s record ATS and the starting point spread will give you a lot of insight into the Live Betting point spread. Let’s say a team has a good record ATS when getting points, but they begin the game as an underdog.

As the game continues, the point spread moves to, and they are ahead and giving the points. Is this a good time to wager on them?

Most would say no, as this team is not in the business of winning games as much as they are covering wins with the points. Having good knowledge of every team record ATS is a big advantage when Live Betting.

Up-to-Date Sportsbook

To successfully use Live Betting, you are going to need the proper online sportsbook. Live betting requires sportsbooks to update games in real-time.

Of course, you can expect some lag, but it is important for them to be as up to the second as possible. Not all online sportsbooks have the tech to pull this off in a meaningful way.

While every sportsbook has Live Betting these days, not all of them should as they just don’t have the proper software. Online sportsbooks either have it or don’t, and you’ll know immediately if you are in the wrong place.

A Fast Interface

Not only should your online sportsbook be able to handle all the information coming in on Live Betting. They will also need a fast interface to make sure you are getting your wager in when you want to.

A lot can happen in a split second of Live Betting, even between clicking on a wager. The next thing you know, the score has changed, and so has the line and the odds.

Most sites require you to click on the wager. Then enter an amount for the wager. Then verify the wager and the amount. A lot can change between those three clicks, and now the bet is either changed to something you don’t want or off completely.

A slow interface is not only very frustrating for Live Betting, but it can also cost you money. Be sure to research the Live Betting feature of any online sportsbook you are considering.

The economic impact payments being issued by the Treasury Department are estimated to be sent by the end of April 2020. The following article by Optima Tax Relief reviews the information taxpayers need to receive their payment.

The recent announcement by the Internal Revenue Service and the Treasury Department regarding the issuance of COVID-19 relief checks indicated that payments would start to be sent by the end of April. The majority of eligible recipients will not be required to take any specific action, though citizens who generally do not file tax returns (and are neither Social Security recipients nor railroad retirees) will have to prepare and file a simple return in order to be eligible for their payment. Economic impact payments will be issued throughout 2020.

ECONOMIC IMPACT PAYMENT ELIGIBILITY

Payments will automatically be issued to filers who submitted a tax return for either the 2018 or 2019 tax years. The maximum amount for individuals is $1,200 and the maximum amount is $2,400 for couples filing jointly. Filers with qualifying children may also receive up to $500 per child.

Individual filers whose adjusted gross income is $75,000 or under, or married couples whose joint income is $150,000 or under are qualified to receive the entire benefit. However, filers with incomes exceeding those amounts may still qualify for relief – for every $100 above the maximum amount ($75,000 individual or $150,000 joint) $5 will be deducted from the total payment. Individual filers whose income is over $99,000 and married couples filing jointly making $198,000 or more are not eligible to receive a relief payment.

The payment amount is calculated based upon the information provided in either the 2019 or 2018 tax returns. Payments will be deposited directly into the bank account provided on the return. If no direct deposit information was provided, the U.S. Treasury will offer an online portal for recipients to provide their banking information if they want to receive their funds directly deposited into their accounts. Those who do not provide their banking information will receive a paper check.

ECONOMIC IMPACT PAYMENTS FOR THOSE WHO DO NOT FILE TAX RETURNS

People who are not required to file a tax return, such as people receiving Social Security or who are railroad retirees, will still receive economic impact payments. The IRS will base payment calculations on the details provided on Form SSA-1099 or Form RRB-1099. However, because these forms will not provide information regarding dependents, the maximum amount these filers will receive will be $1,200 per person.

For more information about economic impact payments, please visit IRS.gov.coronavirus.

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