Tuesday, June 8, 2021

U.S. Supreme Court Decision May Pave Way For Future IRS Lawsuits - Tax - United States

The U.S. Supreme Court recently rendered a unanimous opinion holding that the Anti-Injunction Act (AIA) did not block a lawsuit brought by CIC Services against the Internal Revenue Service (IRS), delivering an important victory to CIC and similarly situated taxpayers everywhere. While an important question must still be decided by the lower court – whether the IRS violated the Administrative Procedure Act (APA) – the Supreme Court's May 2021 decision has significant implications.

Author: mondaq U S Supreme Court Decision May Pave Way For Future IRS Lawsuits Litigation Mediation Arbitration Trials amp Appeals amp Compensation Tax Tax Authorities
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Aberdeen Income Credit Strategies Fund Declares Quarterly Dividend For Its 5.25% Series A

The Series A Preferred Shares trade on the NYSE under the symbol " ACP PRA ", are rated "A2" by Moody's Investors Service and have an annual dividend rate of $1.3125 per share. The Series A Preferred Shares were issued on May 10, 2021 at $25.00 per share and pay distributions quarterly.

Distributions may be paid from sources of income other than ordinary income, such as net realized short-term capital gains, net realized long-term capital gains and return of capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations.

Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: Aberdeen Income Credit Strategies Fund
Twitter: @PRNewswire
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HealthEquity Reports First Quarter Ended April 30, 2021

DRAPER, Utah, June 07, 2021 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity" or the "Company"), the nation's largest health savings account ("HSA") non-bank custodian, today announced financial results for its first quarter ended April 30, 2021.

"Our fiscal year 2022 is off to a fast start with early sales wins, two material acquisition agreements in our core HSA business, and the new Luum mobility benefits platform helping clients return to work," said Jon Kessler, President and CEO of HealthEquity. "We believe our total solution is well-positioned to deliver substantial growth through the economy's reopening and recovery."

Publisher: GlobeNewswire News Room
Date: 6/7/2021 8:02:00 PM
Author: HealthEquity Inc
Twitter: @globenewswire
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Biden Administration Releases Treasury Green Book, Providing Detailed Explanation Of Tax

The Biden administration (the "Administration") last week released the "General Explanations of the Administration's Fiscal Year 2022 Revenue Proposals," commonly called the Treasury Department's "Green Book." The Green Book provides more details regarding the Administration's tax proposals. This Client Advisory describes some of these proposals.

The Administration has proposed increasing the top marginal individual income tax rate from 37% to 39.6%. In 2022, this top marginal tax rate would apply to taxable income over $509,300 for married individuals filing a joint return, and $452,700 for unmarried individuals (other than surviving spouses). These thresholds would be indexed for inflation.

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FM Bundesliga Challenge: The race intensifies as Schalke continue to lead the Bundesliga..
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Publisher: The Athletic
Author: Iain Macintosh and Alex Stewart
Twitter: @TheAthletic
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Newcore Gold Announces Positive Updated Preliminary

After-Tax NPV 5% of US$212 million, After-Tax IRR of 42% at $1,650/oz Gold, Average Annual Gold Production of 104,000 ounces in years 2 through 5

VANCOUVER, British Columbia, June 08, 2021 (GLOBE NEWSWIRE) -- Newcore Gold Ltd. ("Newcore" or the "Company") (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce the positive results of an updated independent Preliminary Economic Assessment ("PEA") completed for the Company's 100%-owned Enchi Gold Project ("Enchi" or the "Project") in Ghana. The PEA was prepared by BBA E&C Inc.

Publisher: GlobeNewswire News Room
Date: 6/8/2021 9:59:00 AM
Author: Newcore Gold Ltd
Twitter: @globenewswire
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Gryphon Digital Mining Announces Merger with Sphere 3D (Nasdaq: ANY) With World's Top Influencers

Influencer Addison Rae , widely known as one of the most followed people on the internet, and her family, have supported Gryphon's initiative at a key time. Addison Rae commented, "Sustainability is so important to me and my family. We are excited to be part of Gryphon, a company that uses 100% renewable energy to drive innovation in blockchain technology."

As crypto continues to be the trend for investors and press alike, more thought leaders are announcing their involvement in, and support for, the growth of the industry. Celebrated influencer Griffin Johnson of Sway House, whose namesake is similar to the Company, said, "Crypto is shaping the future of currency and as a young entrepreneur I want to make sure I am a part of that shift with the best in the business."

Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: Gryphon Digital Mining Inc
Twitter: @PRNewswire
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