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What to know about Form 4562: Depreciation and Amortization

ThomsonReuters

Information on the use of automobiles and other transportation vehicles. Under the Tax Cuts and Jobs Act (TCJA), the 100% write-off of eligible property expired Dec. And, unless the law changes, the bonus percentage will decrease by 20 points each year for property placed in service after Dec. 31, 2022, and before Jan.

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Trendspotting: Top Ten Payroll Issues of State Legislatures

ThomsonReuters

per hour by 2027. Senate Bill 70 proposes gradual increases until the minimum wage reaches $16 per hour in 2027. Senate Bill 32 would incrementally increase the minimum wage until it reaches $15 per hour on July 1, 2027. Yet another bill ( Senate Bill 366 ) looks to increase the minimum wage to $13 per hour.

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QR Codes Enjoy A Renaissance In A Post-COVID World

PYMNTS

trillion by 2027, according to a recent report by Grand View Research. The firm concluded that North America will be a leading market for QR code-based transactions, with particular growth in transportation and retail. And as we recently noted , the overall contactless payment market is expected to hit $4.68

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Indonesian E-Wallet LinkAja Debuts In Jakarta

PYMNTS

percent of non-cash transactions in the country used e-money, and that number is expected to increase to 24 percent by 2027. It can also be used for taxis, buses and railway transportation. Finarya CEO Danu Wicaksana told The Jakarta Post that the transportation sector in particular was very important for LinkAja. “[For

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Shift4 Introduces Contactless QR Pay Tech

PYMNTS

trillion by 2027, according to a recent report by Grand View Research. North America will be a leading market for QR code-based transactions, the analysts concluded, with particular growth in transportation and retail. QR code-based payments already are routine in China. The overall contactless payment market is expected to hit $4.68

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Hyundai, Apple Said To Be Ready For Electric Car Agreement By March

PYMNTS

The report follows a statement from last week where Hyundai Motor said it was in early talks with Apple, after a local media outlet had reported that the two were aiming at 2027 for a launch of the car. The companies will likely start production by 2024. That announcement sent Hyundai shares up 20 percent.

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2022 Federal Budget Highlights

DMCL

The credit applies to the cost of purchasing and installing eligible equipment used to capture CO 2 through an “eligible use” and the equipment is used to capture, transport, store or use CO 2 as part of an eligible project. for eligible transportation storage and use equipment with lower tax credit rates applicable from 2031 to 2040.