The Internal Revenue Service says the Transcript Delivery System is down for business taxpayers who have reported information related to COVID-19 employment tax relief on Form 941, Employer's Quarterly Federal Tax Return. The agency hopes to have the problem fixed by Sept. 26.
Apple has introduced an array of products at a virtual media event, including four iPhones, as well as iPads and an Apple Watch. Here is a look at some of the enhancements, which include better cameras, superior battery life and faster processing.
In response to the Biden administration's latest move to combat the pandemic, companies are working to adopt systems that verify coronavirus vaccination status and to implement regular testing. Companies are also exploring digital vaccine cards as they await final rules.
Acquisitions of emergent competitors by dominant companies are a particular antitrust concern, Justice Department Associate Attorney General Vanita Gupta says. The comment regarding "killer acquisitions" sheds light on the department's position on antitrust enforcement under the Biden administration.
Insured catastrophe losses are running 101% above the average from 2008 to 2020, with Hurricane Ida accounting for a significant portion of that percentage, according to Jefferies. Without Ida, losses from January to August were 15% above the long-term average.
Insuring emergent financial-technology businesses comes with certain challenges because of regulatory issues and the unique mix of risks these companies face, experts say. "You have elements of financial-institution errors and omissions coverage, technology E&O coverage and cyber E&O coverage all embedded within the same risk profile," says Thomas Tierney of Marsh.
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