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Updates on the 2023 tax deadline, Deutsche Bank, equities, interest rates, and Social Security payouts

Throughout tax season, fraudsters become more prominent because some people might very well be more willing to reveal our financial data in exchange for assistance with filing.

The IRS has created a listing of the 12 most prevalent frauds, referred to as “the dirty 12,” to raise taxpayer awareness of these frauds. Look at a list to guard yourself before revealing any details to anyone contacting you through text, email, or mobile and claiming to be the IRS.

What impact might First Citizens’ takeover of SVB have on present Silicon Valley Bank clients?

Today morning, the North Carolina-based First Citizens BancShares declared that they are collaborating with the FDIC to buy the bridge bank set up for Silicon Valley Bank (SVB) following its failure.

SVB, which had been the top location for VCs and startups, failed last month after one bank run sponsored by investors drained the institution of its funds, demanding government interference. After a competitive auction process, First Citizens Bank will receive the loans, deposit accounts, and funds that belonged to the SVB just after the FDIC took over the bank.

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