Tuesday, August 20, 2024

Key Updates: Apple NFC Capabilities, IRS Guidance, and Open Banking Enhancements

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Newsletter | August 20, 2024
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Small Business Trends Newsletter
https://stratus.campaign-image.com/images/17241759083206_apple-nfc-in-app-transact_zc_v1_6_13898000036436006.png Apple Announces New NFC In-App Transaction Capabilities for Developers Starting with iOS 18.1
Apple says developers have new NFC in-app transaction capabilities with the release of a new system update. Read More >>
https://stratus.campaign-image.com/images/17241759088367_yiuvcsk2-irs-debby-relief_zc_v1_7_13898000036436006.png IRS Issues Interim Guidance on Employer Matching Contributions for Retirement Plans Linked to Employee Student Loan Payments
The IRS has issued interim guidance for sponsors of 401(k) and similar retirement plans that provide, or wish to provide, matching contributions based on eligible student loan payments made by their participating employees. Read More >>
https://stratus.campaign-image.com/images/17241759096028_-300x169_zc_v1_8_13898000036436006.png Meta Unveils New Threads Features for Creators and Businesses
Meta has announced new features on Threads that are designed for creators and businesses to gauge the impact of their content. Read More >>
https://stratus.campaign-image.com/images/17241759102159_bymayeoc-irs-debby-relief_zc_v1_9_13898000036436006.png IRS Reopens Voluntary Disclosure Program for Businesses with Problematic Employee Retention Credit Claims
The Voluntary Disclosure Program allows businesses to rectify Employee Retention Tax Credit errors to avoid future audits, penalties, and interest. Read More >>
https://stratus.campaign-image.com/images/172417591068310_q0fedrqo-irs-debby-relief_zc_v1_10_13898000036436006.png Low-income Microentrepreneurs Get $7 Million in Business Grants
Check out the latest headlines for small business owners in our weekly news roundup. Read More >>
https://stratus.campaign-image.com/images/172417591110111_tax-deadline-300x169_zc_v1_11_13898000036436006.png Important Tax Deadline for Truckers and Bus Operators Nears
An important tax deadline is nearing for truckers and large bus operators in the US. The deadline for filing Form 2290 is Sept. 3. Read More >>
https://stratus.campaign-image.com/images/172417591160412_default-image-10-300x200_zc_v1_12_13898000036436006.jpg Mastercard Enhances Open Banking for Lending Program to Expand Financial Access
Mastercard has made changes to its Open Banking for Lending program to make the lending process simpler, the company says. Read More >>
https://stratus.campaign-image.com/images/172417591193113_bid-rigging-sentencing-30_zc_v1_13_13898000036436006.png Michigan Company Fined $6.5 Million for Bid Rigging in Asphalt Industry
A Michigan asphalt company has been fined $6.5 million for bid rigging scheme. Read More >>
https://stratus.campaign-image.com/images/172417591268214_ford-mazda-do-not-drive-w_zc_v1_14_13898000036436006.png Ford and Mazda Issue “Do Not Drive” Warnings for Over 457,000 Vehicles Due to Recalled Takata Air Bags
Ford and Mazda have issued Do Not Drive warnings on more than 457,000 vehicles due to the presence of defective Takata air bags. Read More >>
https://stratus.campaign-image.com/images/172417591332515_grok-2-300x169_zc_v1_15_13898000036436006.png X Unveils Grok-2 Beta: Advanced Language Models for Enhanced AI Capabilities
X recently announced the availability of its AI model Grok 2 to Premium and Premium+ users. Read More >>

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