22 TV shows will get a California film tax credit as applications rise by 400%
California’s Expanded Incentives Attract TV Shows Nearly 20 television shows are set to receive incentives for filming in California. This includes two series relocating from Texas and Canada, marking the first awards period since the state revamped its film and television tax credit program earlier this summer. A total of 22 shows were selected, reflecting […]
The $7,500 electric vehicle tax credit is ending soon, but new regulations provide buyers with additional time.
For those interested in new electric vehicles (EVs), the old federal tax credit will come to an end on September 30th. However, the IRS has released guidance suggesting that buyers can still qualify for the new tax credit even if their vehicle is delivered later, as long as they sign a binding contract and make […]
The head of a major credit union in Georgia is stepping down.
Leadership Change at Associated Credit Union C. Lin Hodges, who has served as president and CEO of Associated Credit Union for many years, is set to retire next summer after an impressive 46-year tenure with the Norcross-based institution.
Gemini and Ripple Introduce Credit Card with Cryptocurrency Rewards
Cryptocurrency exchange Gemini has partnered with blockchain company Ripple to introduce the XRP Edition of the Gemini credit card. This card allows users to earn rewards in the form of XRP, which is linked to the XRP ledger. It will be issued through Webbank and operated on the Mastercard network, as announced by Gemini on […]
Private-Label Financing Expanding Quicker Than Standard Credit Cards
Traditional credit cards are feeling the heat when it comes to consumer spending. While they still dominate the American credit landscape, their growth in installment usage is lagging behind that of private label store cards. In fact, private label installment options from retailers for larger purchases have grown at an annual rate of 4.8% over […]
The Single Risky Habit That Keeps You in Credit Card Debt, According to Liz Claman
Understanding Debt and Spending Habits It sneaks up on you, doesn’t it? You’re at the grocery store, and that organic meat suddenly feels like it’s out of reach financially. But you think, “Well, why not treat yourself?” You toss it in your cart. You deserve it, right? Later, scrolling online, you see a jacket that […]
Why FinTechs View Credit Unions as Their Next Major Expansion Opportunity
The landscape of financial services is evolving, with credit unions playing a pivotal role. As fintech companies move away from traditional banks, they are forming dynamic partnerships with smaller, more flexible institutions. What’s behind this strategic shift? PYMNTS Intelligence and Verella take a closer look at the technologies influencing these changes, motivations, and the next […]
IRS extends deadline for electric car buyers to qualify for the $7,500 tax credit
IRS Extends Electric Vehicle Tax Credit Terms The IRS has revised the phase-out rules for federal tax credits related to electric vehicles, allowing buyers a bit more time to take advantage of the $7,500 tax credit. Previously, there was a September 30th cutoff for the tax credit on new electric vehicles, as well as a […]
Credit Unions Hold Business Leaders Responsible for Data
Creating a Data-Driven Culture in Organizations When we talk about data usage, many institutions rely on dashboards and reports. However, not all of them can demonstrate how these insights genuinely influence decision-making. The key factor here is the culture within the organization. A strong data culture becomes evident when leaders prioritize data in discussions about […]
The electric vehicle tax credit is about to finish soon, but car buyers have a small chance to benefit.
Changes in EV Tax Credit Regulations The spotlight is on the federal tax credit for electric vehicles (EVs), which offers up to $7,500. A recent significant bill put a halt to some credits that expired on September 30th, but the IRS has made some clarifications this week that could help buyers. Under the new guidance, […]