Tax management services – Kelley PC http://kelleypc.com/ Fri, 31 Dec 2021 15:44:37 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://kelleypc.com/wp-content/uploads/2021/07/cropped-icon-32x32.png Tax management services – Kelley PC http://kelleypc.com/ 32 32 Paid distribution of the Tekla Healthcare Opportunities fund https://kelleypc.com/paid-distribution-of-the-tekla-healthcare-opportunities-fund/ Fri, 31 Dec 2021 15:20:00 +0000 https://kelleypc.com/paid-distribution-of-the-tekla-healthcare-opportunities-fund/ BOSTON–(COMMERCIAL THREAD) – On December 31, 2021, Tekla Healthcare Opportunities Fund paid a monthly distribution of $ 0.1125 per share. This distribution is currently believed to be derived from a return of capital or other source of capital. The composition of this distribution and subsequent distributions may vary from month to month as it may […]]]>

BOSTON–(COMMERCIAL THREAD) – On December 31, 2021, Tekla Healthcare Opportunities Fund paid a monthly distribution of $ 0.1125 per share. This distribution is currently believed to be derived from a return of capital or other source of capital. The composition of this distribution and subsequent distributions may vary from month to month as it may be materially affected by future realized gains and losses on the securities. The total of the net unrealized appreciation of the portfolio securities and the net realized gains on the sale of securities is $ 252,118,815, of which $ 248,098,171 represents the net unrealized appreciation of the portfolio securities.

The following table shows the estimated amounts of the current distribution, paid as at December 31, 2021, and the cumulative distributions paid since the beginning of the year from the following sources: net investment income, net realized capital gains short term, long-term realized capital gains and return of capital or other source of capital. The Fund considers that it has distributed more than its income and net realized capital gains; therefore, part of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money you have invested in the Fund is returned to you. A return of capital distribution does not necessarily reflect the investment performance of the Fund and should not be confused with “return” or “income”. All amounts are expressed per common share.

Running

Distribution

Percentage

Failure of

Current distribution

Cumulative total

Breakdown for the

Exercise to date1

Percentage distribution

of the cumulative total

Breakdown for the

Exercise to date1

Net investment income

$ 0.0000

0

%

$ 0.0030

1

%

Net realized ST heading gains

$ 0.0000

0

%

$ 0.0371

11

%

Long-term net gains ceilings

$ 0.0000

0

%

$ 0.0976

29

%

Repayment of capital or other source of capital

$ 0.1125

100

%

$ 0.198

59

%

TOTAL (per ordinary share):

$ 0.1125

100

%

$ 0.3375

100

%

The table below includes information relating to the performance of the Fund on the basis of its net asset value for certain periods.

Average annual return at net asset value for the period November 30, 2016 to November 30, 2021

14.17%

Current annualized payout rate expressed as a percentage of NAV as of November 30, 2021

5.77%

Total cumulative return at net asset value for the year, until November 30, 20212

-0.21%

Cumulated payout rate since the start of the fiscal year expressed as a percentage of NAV as of November 30, 20211

1.44%

You should not draw any conclusions about the performance of the Fund’s investments from the amount of this distribution or the terms of the Fund’s managed distribution policy.

The amounts and sources of distributions shown in this press release are estimates only and are not provided for tax reporting purposes. The actual amounts and sources of amounts for tax reporting purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to change depending on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year which will tell you how to report these distributions for federal income tax purposes.

Tekla Healthcare Opportunities Fund (NYSE: THQ) is a closed-end fund that invests in companies in the healthcare industry.

Tekla Capital Management LLC, the Fund’s investment advisor, is a healthcare-focused investment manager based in Boston, MA, with approximately $ 3.6 billion in assets under management as of September 30, 2021. Tekla serves also an investment advisor for Tekla Healthcare Investors (NYSE: HQH), Tekla Life Sciences Investors (NYSE: HQL) and Tekla World Healthcare Fund (NYSE: THW), closed-end funds that invest in healthcare companies and life sciences. Information about the Funds and Tekla Capital Management LLC is available at www.teklacap.com.

Please contact Destra Capital Advisors, the Fund’s Marketing and Investor Support Services agent, at THQ@destracapital.com or call (877) 855-3434 if you have any questions regarding THQ.

1 The current financial year of the Fund began on October 1, 2021.

2 Total cumulative return at NAV is the percentage change in the NAV of the Fund and includes all distributions and assumes the reinvestment of those distributions for the period September 30, 2021 to November 30, 2021.


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Year in review: the height of the outlook https://kelleypc.com/year-in-review-the-height-of-the-outlook/ Wed, 29 Dec 2021 21:53:02 +0000 https://kelleypc.com/year-in-review-the-height-of-the-outlook/ Aside from mask warrants, COVID fire, rising prices and strange weather conditions, Prospect Heights has dealt with its own issues in 2021, from fighting the floods to a sigh of relief after a local pilot survived. to a helicopter crash. In no particular order, here are the Top 10 Articles in the Prospect Heights Journal […]]]>

Aside from mask warrants, COVID fire, rising prices and strange weather conditions, Prospect Heights has dealt with its own issues in 2021, from fighting the floods to a sigh of relief after a local pilot survived. to a helicopter crash. In no particular order, here are the Top 10 Articles in the Prospect Heights Journal of the Year.

Quentin and Corbin Kargenian enjoy the Prospect Heights Park District Pool at Lions Park.

Recreation center

Prospect Heights Park District officials continued to seek public input on the renovation or replacement of the Gary Morava Recreation Center and / or Lions Park Pool on Camp McDonald Road. Architects were hired earlier in the year to examine the uses of the space. Ideas were shared at a community meeting in September. The results of an investigation were expected in mid-December. The plan, according to the park district, is for the architects’ designs to be shared at a public meeting next spring with a final presentation to park board members next July.

Jeffrey Miller

Airport manager

A new executive director for the Chicago Executive Airport was appointed in mid-October after several years with Jamie Abbott at the helm. Airport board members have appointed Jeffrey Miller, who most recently served as airport manager at Laredo International Airport in Texas, as the next day-to-day manager of CEA. He started his five-year contract on November 1. “I am very excited to join the Chicago Executive Airport team, which is poised to experience tremendous growth,” Miller said. Chicago Executive is jointly owned and operated by Prospect Heights and Wheeling. Abbott resigned his post on May 31.

Offices at Allstate’s head office on Sanders Road in the Unincorporated Township of Northfield. (Photo by Allstate)

Eye on Allstate

Allstate’s plans to move out of the insurance company’s huge office campus in Northfield Township, just east of Prospect Heights, have caught the attention of city officials and local residents. At some point in the past decade, the Aldermen of Prospect Heights seriously considered development possibilities in this part of town along Sanders Road south of Willow. The plans, including an apartment complex project, never materialized, however. At the end of the year, Allstate announced a $ 232 million deal to sell most of the 186-acre campus to a Nevada-based developer, who intends to build data centers or warehouses for e-commerce logistics on the site.

Arlington Campaign

An area of ​​Prospect Heights long plagued by flooding during heavy rains received a boost in late September. Aldermen approved spending of $ 593,335 for the Arlington Countryside Pumping Station, a first step in a long-awaited project to protect homes from stormwater damage. Located west of Rand Road, Arlington Countryside sits in a topographic “bowl”, they told aldermen. Rand Road has been described as a “dam” preventing water from flowing out during violent events. Future plans call for the construction of a 4,800 sq. Ft. Lot. storm drain to McDonald Creek, with funding of $ 2 million provided by the federal American Rescue Plan Act.

Homage to Meyer

City council rooms were packed on August 23 as authorities recognized Jerry Meyer, the city’s former mayor, for his 50 years of service to Prospect Heights. Meyer had announced his intention to step down from the Prospect Heights Police & Fire Commission, a position he had held since 2011. His children and grandchildren stood ready to deliver a touching speech. Meyer’s civil service dates back to the town’s incorporation efforts in 1976. In addition to his time as an elected official, he is also considered a “founding father” of the town’s police department which began in 1990 For all of his work in the community, Meyer was presented with a Golden Key to the City.

Scene on Milwaukee Avenue in Prospect Heights where a helicopter crashed early on Wednesday August 11, 2021 (Shawn Clisham / Photo Journal)

Helicopter crash

Prospect Heights woke up to the news of a helicopter crash on the east side of town on the morning of Wednesday, August 11. The helicopter, carrying only its pilot, had taken off from nearby Chicago Executive Airport moments earlier before falling sideways near Milwaukee. Avenue and River Road at approximately 6:45 am The pilot sustained only minor injuries and was transported to Glenbrook Hospital. A preliminary report from the NTSB indicates that the pilot encountered an engine problem before “putting the helicopter into autorotation and selecting a route to land on.”

New fiscal district

The aldermen approved in July the creation of the Prospect Pointe / Muir Park Tax Increment Financing (TIF) district. A joint review committee from other local tax districts approved the new TIF in April. A redevelopment plan for the area, located north of Palatine Road and east of Elmhurst Road, calls for the construction of a 69-unit townhouse subdivision and the rehabilitation of Muir Park. Lexington Homes requested public assistance from TIF to help finance parts of the development project. The city also plans to use TIF funds to fund stormwater management improvements and sidewalk extensions in the area.

Cape superheroes Christine Ferraro, executive director of the Prospect Heights Park District, were getting ready for the July 4th parade in Prospect Heights; Julie Caporusso, recreation superintendent, Prospect Heights Park District; and Edlyn Castil, director of park district administrative services. (Shawn Clisham / Photo from newspaper)

Return of the parade

In May, city officials discussed plans for a “motorized” Independence Day parade to keep groups at bay amid lingering concerns over COVID-19. After the complete cancellation of the 2020 parade, this year’s version came true on the morning of Saturday, July 3. The parade started at St. Alphonsus and continued west on Willow Road to Schoenbeck before ending at Betsy Ross School. After more than a year of COVID-19 and finally declining positivity rates, the event offered a return to normal that had cheerful spectators and attendees alike.

Newley named Ward 4 city councilor Danielle Dash will run for re-election on April 6.

Dash joins the board

Prospect Heights resident Danielle Dash took over as the 4th arrondissement city council representative in the April election. Dash won the contested race, 258 to 102, against Mariusz Folta to fill the seat vacated by Pat Ludvigsen, who left 4th Hall earlier this year. Dash was appointed by Mayor Nick Helmer ahead of the election. There were two years remaining in the four-year term of council headquarters. Dash previously served as chairman of the city’s Planning and Zoning Appeal Board.

Mayor Nicholas Helmer was the first customer at the inauguration of Zenleaf.

Distribution in progress

City leaders smiled when ZenLeaf, Prospect Heights’ first adult recreational cannabis dispensary, began operations earlier this year at a former bank on Rand and Willow Roads. Mayor Nick Helmer was the guest of honor at the store’s ribbon cutting ceremony and was its first official customer at the end of December 2020. as well as a fair amount of tax revenue for a community in need… It ‘ is a win for everyone, ”said David Spreckman, senior director of communications for ZenLeaf. Sales taxes are expected to generate new revenue for the city.

Support local news by subscribing to the Journal and topics in print or online.


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BFIC requires financial license and will enter legalized https://kelleypc.com/bfic-requires-financial-license-and-will-enter-legalized/ Mon, 27 Dec 2021 21:41:51 +0000 https://kelleypc.com/bfic-requires-financial-license-and-will-enter-legalized/ New York, NY, December 27, 2021 (GLOBE NEWSWIRE) – Founded by Michael Clement Lyle, BFIC was officially approved by the US federal government in December 2021 and is headquartered in New York. The BFIC community will help manage the issues and privileged issues of the BFIC open source community project by developing a good governance […]]]>

New York, NY, December 27, 2021 (GLOBE NEWSWIRE) – Founded by Michael Clement Lyle, BFIC was officially approved by the US federal government in December 2021 and is headquartered in New York.

The BFIC community will help manage the issues and privileged issues of the BFIC open source community project by developing a good governance structure. The design objectives of the BFIC governance structure primarily consider the sustainability, management efficiency and security of the BFIC open source community project. The BFIC consists of an ecology center, a technological development center, a marketing center and a daily management center.

BFIC is a decentralized financial coin built on third-generation blockchain technology and supported by a large utility-based ecosystem, BficCoin is poised to become a new competitor in the market.

BFIC’s goal is to create a secure and stable trading system with DeFi Yield Farming, keeping the decentralized cryptocurrency, BficSwap for BficCoin holders and services.

At the same time, BFIC has been approved by the FINCEN (Financial Crimes Enforcement Bureau of the US Treasury Department) to apply for an MSB (Money Services Business) financial license. MSB primarily collects regulation for businesses and companies related to money services, and this approval means that BFIC can start legal and compliant operations in all 50 US states, including international money transfer, foreign exchange, trade / currency transfer (including digital currency / virtual currency) and other businesses.

In March 2018, the US Treasury Department and the SEC made it clear that MSB financial licenses must be registered with FinCEN in order to operate digital asset-related activities in the United States.

Contact:

Michael Clement Lyle

bfic@bfictoken.com

https://www.bfictoken.com/

There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any title or any other product or service in this article. Further, nothing in this PR should be construed as a recommendation to buy, sell or hold any investment or security, or to engage in any investment strategy or transaction. It is your responsibility to determine whether an investment, investment strategy, security or related transaction is suitable for you based on your investment objectives, financial condition and tolerance for risk. Consult your business advisor, lawyer or tax advisor about your specific business, legal or tax situation.


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California’s main competitors for tech jobs are the Western Blue States https://kelleypc.com/californias-main-competitors-for-tech-jobs-are-the-western-blue-states/ Sun, 26 Dec 2021 11:15:56 +0000 https://kelleypc.com/californias-main-competitors-for-tech-jobs-are-the-western-blue-states/ For a generation, California has seen more of its people and businesses move elsewhere, but has found a way to respond, at least in terms of wealth creation, with constant innovation. But today, the Golden State’s grip on economic elites is waning in ways that could threaten the state’s long-term prosperity. Innovation is California’s best […]]]>

For a generation, California has seen more of its people and businesses move elsewhere, but has found a way to respond, at least in terms of wealth creation, with constant innovation. But today, the Golden State’s grip on economic elites is waning in ways that could threaten the state’s long-term prosperity.

Innovation is California’s best driver of high wages and upward mobility. Data from the Bureau of Labor Statistics shows that in the innovation industry – software, computer and semiconductor manufacturing, technology services and nine other industries – the median salary was $ 208,000 in California. last year. That’s almost three times the median salary of $ 76,000 for all jobs in California.

But now the main competition for innovation-based jobs is coming not only from low-tax, low-cost states like Texas, but also from bluish states like Colorado and Washington. We found that Washington and Utah actually created more jobs per capita in the innovation sector than California over the past decade, while Arizona, Colorado and Idaho recorded higher per capita growth rates for these jobs.

Many of these states, noted Christopher Lloyd, president of the Site Selection Guild, which tracks investment flows, duplicate “a lot of the good things about California.” This includes building elite university systems in places like Washington, Texas, Colorado, and Utah. “The development model has shifted,” suggests Lloyd. “These states have learned from California. There seems to be a failure to recognize that things have changed and that technicians are much more mobile. “

Maintaining technology in California is all the more critical since the state suffers from the highest unemployment rate in the country and Los Angeles is the highest of all major metropolitan areas. We have already seen a disturbing change in business and professional service jobs such as accountants, lawyers and management consultants, the biggest source of higher paying jobs. Over the past three decades, Texas has seen more than double the level of California’s growth in this area, but Washington, Oregon, and Colorado have also vastly surpassed California.

Now, the technology also appears to be under attack. Some tech pillars have already moved their headquarters to Texas, including Hewlett Packard Enterprise, Oracle and, perhaps most crucially, Tesla. Many other companies, like Apple, Airbnb, Amgen, Uber, and SpaceX, are expanding widely outside of this state. These trends are accelerating, notes a recent study by the Hoover Institution.

Of course, large companies often move production and jobs to cheaper places. But the growth in the number of innovative companies is also slowing. Since 2005, the number of such businesses has grown much faster on a per capita basis in Arizona, Utah, Colorado, Florida, Georgia and Oregon. This is not just a reflection of high taxes and regulations; many of our fiercest competitors, such as Washington, Oregon, and Colorado, are barely ruled by conservative, anti-regulatory politicians.

Another warning sign comes from venture capital firms. The Bay Area’s share of the number of venture capital deals in 2021 is expected to fall below 20% for the first time in history. In a study of 90 venture capital-backed companies compiled by Initialized Capital, a San Francisco-based firm, those who said the Bay Area would be their top choice for a company headquarters fell 41% in 2020. to 28% in 2021.

The own evolution of technology poses additional challenges. As digital advertising revenues have grown tenfold in a decade, now accounting for more than half of all ad spend, huge fortunes have been made in a handful of businesses, but for a job base. more and more narrow. Michael Malone, who has chronicled Silicon Valley for the past quarter-century, suggests that quitting production reduces the scope of employment. For example, shortages related to supply chain issues have made chip production – a California invention – a priority, but virtually all new semiconductor facilities planned, employing thousands of workers, are not being built. here but in Texas, Arizona and Oregon.

Malone also suggests that the once hyper-competitive Valley has fallen in love with choosing “the sure thing” backed by massive capital. If there is a potential competitor, just buy it. As a location for new independent businesses, California’s appeal may wane, suggests Jack Dorsey, former chief executive of Twitter.

Faced with these trends, how can California revitalize and expand its technological footprint, with more widely disseminated opportunities?

Here our competitors can be our guide. Increasingly, states like Utah, Colorado, and Arizona are not focusing on business incentives and other traditional flattery, but on improving the quality of life for people, especially young and old. not yet rich. “The number one problem is attracting talent,” says Joe Snell, who has led economic development efforts in Denver and now in Tucson. “California had such a plethora of talent, everyone wanted to be there. But people started looking elsewhere for lifestyle reasons.

Historically, California has attracted people because, frankly, it was more attractive, with better times, a stronger education system, and a unique spirit of innovation. Today California has the worst attraction rate in the country, resulting in population decline. Over the past 20 years, notes EMSI, an economic forecasting company, Los Angeles’ youth population has fallen by 750,000.

California doesn’t need to respond to that by throwing millions into businesses, drastically cutting taxes, or even removing its regulatory regime, although reform is needed. The priority of heads of state should be to restore the attractiveness of the state as a place with a better way of life. This means dealing with issues such as high housing and energy prices, a poorly functioning basic education system, staggering traffic jams and homelessness.

Many workers want to stay in California but have been forced to find more affordable areas in the state. Fortunately, working remotely during the COVID pandemic has made this easier. Between March and November 2020, more than 80,000 people left San Francisco, but more than two-thirds settled somewhere in the region, including suburbs and rural areas such as Mother Lode country. Yet such moves run counter to state policy that favors development in dense urban counties, which have extremely high housing costs.

All the elements California needs to maintain and develop its technological economy – capital, talent, attractive locations, a world-class higher education system – remain. But it must tackle the fundamental issues that drive workers and businesses to seek their fortunes elsewhere. We can always write new chapters, but only if we change the current course.

Joel Kotkin is the Presidential Fellow of Urban Futures at Chapman University and Executive Director of the Urban Reform Institute. He is the author of “The Coming of Neo-Feodalism”. @joelkotkin
Marshall Toplansky is a clinical assistant professor of management science at the Argyros School of Business and Economics at Chapman University.


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Sonoma County Completes Sale of Chanate Campus | Press releases | County Administrator’s Office https://kelleypc.com/sonoma-county-completes-sale-of-chanate-campus-press-releases-county-administrators-office/ Fri, 24 Dec 2021 00:15:01 +0000 https://kelleypc.com/sonoma-county-completes-sale-of-chanate-campus-press-releases-county-administrators-office/ Holy Rose, California – 23 December 2021 – Sonoma County has finalized the sale of the 71-acre Chanate Campus to Eddie Haddad of Chanate Development Group, a newly formed LLC, for $ 15.05 million. Engagement at the site, which centers around the former community hospital, closed today, concluding a long-standing goal for the Sonoma County […]]]>

Holy Rose, California23 December 2021 Sonoma County has finalized the sale of the 71-acre Chanate Campus to Eddie Haddad of Chanate Development Group, a newly formed LLC, for $ 15.05 million. Engagement at the site, which centers around the former community hospital, closed today, concluding a long-standing goal for the Sonoma County Oversight Board

“It is a feeling of relief to have finally closed the sale of this property,” said Lynda Hopkins, Chairman of the Supervisory Board. “We believe we got the best deal possible for Sonoma County taxpayers, and while we have no control over future development, we hope to see this property used to address the housing shortage in Sonoma County. ”

The City of Santa Rosa has the authority to approve the future development of the site.

Unlike previous sales efforts, the county used the TenX online auction website to complete the sale. The auction opened on September 7 and closed on November 9, followed by an oral tender. All bidders were vetted to ensure that they had sufficient funds to complete the transaction. Bidders were required to submit proof of funds in a timely manner and had to agree to all conditions of the sale of the property before being considered qualified to submit a bid. California Government Code outlaws exactly the process that was carefully followed.

“Today, the County General Service Team celebrates the completion of many years of proper, diligent and professional work and looks forward to the future of the Chanate property,” said Caroline Judy, Director of the Services Department. generals.

The terms of the sale of the property were all cash as is with no rights with all structures and assets transferred at closing. All costs associated with the demolition of buildings are the responsibility of the purchaser.

The sale includes a sale-leaseback agreement with the county for the public health lab and morgue and coroner’s office for four years with two six-month extension options. The terms of the sale also include an affordable housing clause, the buyer’s recognition of public access to the historic cemetery, access agreements for the Chanate Medical Center and the assumption of the lease of Sloan House and Bird Rescue license agreements.

Parcel J, the 10.4-acre Paulin Meadow site on the southwest corner of the property at the end of Beverly Way, was not included in the sale. On November 2, the Supervisory Board approved the transfer of the plot to the Agricultural Preservation and Open Space District. The means of transport closed on December 16, ensuring the conservation of the wooded area in perpetuity.

Vice-chairman Chris Coursey, whose district included the Chanate campus, and county staff worked to keep neighbors informed of ongoing activities at the site, including vegetation management and the seismic analysis.

“We can now return this asset to productive use and place the property on the tax roll. Said Coursey. “We cannot direct what happens here after the sale, but I hope for responsible development that meets the greatest needs of our community, including affordable housing that will continue the role of the Chanate property as an asset. for the community. ”

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You asked, we answered: What athlete charities are run by the same company as the Dalton Foundation? | Buffalo Bills News | NFL https://kelleypc.com/you-asked-we-answered-what-athlete-charities-are-run-by-the-same-company-as-the-dalton-foundation-buffalo-bills-news-nfl/ Wed, 22 Dec 2021 10:01:19 +0000 https://kelleypc.com/you-asked-we-answered-what-athlete-charities-are-run-by-the-same-company-as-the-dalton-foundation-buffalo-bills-news-nfl/ Mission: To serve, inspire and help the less fortunate children of the Louisville metro. The News examined federal and state public records, consulted with charity watch groups and other industry professionals, and interviewed board members, tax attorney and Dalton Foundation grantees. The review found that Prolanthropy not only took advantage of unsolicited donations from Bills […]]]>

Mission: To serve, inspire and help the less fortunate children of the Louisville metro.

The News examined federal and state public records, consulted with charity watch groups and other industry professionals, and interviewed board members, tax attorney and Dalton Foundation grantees. The review found that Prolanthropy not only took advantage of unsolicited donations from Bills fans, but the nonprofits it runs are submitting tax records that obscure how the money was used.

How did the Dalton react?

Jordan Dalton said the Dalton Foundation has ended its relationship with Prolanthropy and that the nonprofit will donate all money directly to hospitals “so that 100% of the proceeds will go to families in need.” This concerns future donations.

Some on social media have the misconception that the Daltons are using their own money to repay funds that have gone to Prolanthropy to make Bills fan donations “full.” This is not the case.

Jordan Dalton estimated that she and her husband had donated $ 300,000 to the association since its inception in 2011. Like all donations, Prolanthropy was entitled to 22.5%.

There was $ 83,000 left in the Dalton Foundation account at the end of 2019, according to public records.

Do foundation management companies list administrative and marketing expenses on their websites? Are they required by law to do so?

This information does not necessarily have to be published on the websites of management companies, however, all non-profit organizations except the smallest ones must disclose this information on annual tax returns known as Form 990.


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Orlando CPA offers personalized bookkeeping, accounting and tax preparation services in a trustworthy manner at great rates https://kelleypc.com/orlando-cpa-offers-personalized-bookkeeping-accounting-and-tax-preparation-services-in-a-trustworthy-manner-at-great-rates/ Mon, 20 Dec 2021 20:17:48 +0000 https://kelleypc.com/orlando-cpa-offers-personalized-bookkeeping-accounting-and-tax-preparation-services-in-a-trustworthy-manner-at-great-rates/ CPA’s accountants and tax experts serve individuals, corporations, partnerships and non-profit organizations as a reliable service provider. Businesses gain insight into accounting best practices and industry-relevant issues to help them grow and save money. According to announcements published by CPA Accounting & Tax Experts and Sonia Narvaez, this Orlando CPA has over two decades of […]]]>

CPA’s accountants and tax experts serve individuals, corporations, partnerships and non-profit organizations as a reliable service provider. Businesses gain insight into accounting best practices and industry-relevant issues to help them grow and save money.

According to announcements published by CPA Accounting & Tax Experts and Sonia Narvaez, this Orlando CPA has over two decades of experience serving the community as a trusted provider of business accounting, business consulting, services individual or personal tax, international tax services or payroll services.

The tax specialists at this consulting firm are familiar with international tax laws in the United States. As a certified international tax accountant, this firm knows how to safeguard the interests of its clients in matters of taxation and global accounting. The range of international tax services offered by CPA Accounting & Tax services includes international tax planning, foreign bank accounts, income, expenses, etc.

The business advisory services provided by the tax experts here enable businesses to appreciate the costs and benefits of both qualified and unqualified retirement and incentive plans, such as SEP, IRA, life insurance, Keogh, etc.

This Orlando accounting company helps entrepreneurs start new businesses the right way. There are choices to consider – LLC, S Corporation, C Corporation, Sole Proprietorship, Partnership, etc.

One in three businesses is penalized by the IRS for erroneous or late payroll tax payments. Payroll management becomes more complex as the size of the business increases. Steps to be taken include hours worked, tax deductions, direct deposits, etc. Software can help save time, but cannot think for itself. CPA accountants and tax experts take the burden of payroll management off your clients.

For more information, visit https://www.cpaaccounting.biz/

Sonia Narvaez of CPA Accounting & Tax Experts said, “We are a full service CPA and accounting firm located in Orlando, Florida. For nearly 20 years, our accounting firm has helped our clients maximize their profits, legally pay the least amount of money in taxes and improve their wealth. Our professional staff has experience with small and medium businesses with a personalized approach at reasonable rates.

Each month, we work with you to review your results, plan and save on taxes for your continued success. Our Orlando CPA and accounting firm is large enough to offer a full range of services such as accounting, bookkeeping, tax preparation, payroll, audit representation, international tax for clients. investors and individuals living abroad, among other services, but small enough to get to know you on a personal level.

We will give you all the resources you would expect from a great accounting firm while retaining the personal touch. Some of the industries we focus on are contractors, expatriates, and roofers.

While you are browsing our website, please feel free to text or give us a call with any accounting related questions or comments you may have – we would love to hear from you. If you’re looking for a new CPA near Orlando, or looking online for an accountant “near me”, be sure to drop by or give us a call. We are ideally located and would love the opportunity to meet with you, answer your tax questions and earn your business.

About the company:

CPA Accounting & Tax Experts is a full service accounting firm with over 20 years of experience helping businesses and individuals meet their tax obligations on time. It serves the community of Orlando and surrounding areas and can provide a level of service that large accounting firms cannot match.

Media contact
Company Name: CPA accountants and tax experts
Contact: Sonia narvaez
E-mail: Send an email
Call: (407) 382-6658
Address:1813 N chemin Dean # 104
City: Orlando
State: FL 32817
Country: United States
Website: https://www.cpaaccounting.biz/


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Arkansas In Line For $ 54 Million To Build Electric Car Charging Stations https://kelleypc.com/arkansas-in-line-for-54-million-to-build-electric-car-charging-stations/ Sun, 19 Dec 2021 08:10:43 +0000 https://kelleypc.com/arkansas-in-line-for-54-million-to-build-electric-car-charging-stations/ Two big announcements last week indicate that 2022 could be the year Arkansas fully connects to the electric vehicle industry. First, the Biden administration has said it will provide states $ 5 billion to meet the goal of building 500,000 charging stations across the country. Arkansas is expected to receive around $ 54 million, which […]]]>

Two big announcements last week indicate that 2022 could be the year Arkansas fully connects to the electric vehicle industry.

First, the Biden administration has said it will provide states $ 5 billion to meet the goal of building 500,000 charging stations across the country. Arkansas is expected to receive around $ 54 million, which will be a vital investment in building statewide transportation infrastructure that supports electric vehicles, according to Becky Keogh, secretary of the Department of Energy and of the environment.

“We could deploy a very extensive transport infrastructure,” she said. “We are still evaluating the requirements Arkansas must meet to receive this money, but this is a significant investment and it makes us competitive in deploying chargers in our state.”

The key is to have chargers available every 50 to 60 miles to build the confidence of EV owners or the businesses that use them to demonstrate that their cars and trucks won’t waste juice in the middle of nowhere.

Overall, Arkansas should be able to create a network of charging stations across the state that encourages travel and entices more Arkansans to buy electric vehicles, Keogh said.

The state’s electric vehicle sector strengthened further last week when Canoo announced it would move some of its manufacturing operations overseas to focus on production in the United States. The company said Northwest Arkansas would benefit from the move.

This follows a major announcement last month, when Canoo announced that it would be relocating its corporate headquarters and research and development facilities to Bentonville as part of a strategic initiative to promote the US highway corridor. 412 between Oklahoma and Arkansas as a center for research, development and manufacturing of electric vehicles. Powerful.

This week’s manufacturing news further bolsters state efforts; Canoo said he could start building electric vehicles in Arkansas as early as next year.

Previous announcements from Canoo have indicated that the company plans to create more than 500 jobs in the Northwest Arkansas area.

Northwest and central Arkansas has so far been the primary focus for building electric car charging stations in the state, although that will likely change from next year as the The state taps into the federal dollars that the Biden administration makes available.

The federal infrastructure bill that includes funds for charging stations also allocates an additional $ 2.5 billion in local grants to support charging stations in rural areas and disadvantaged communities.

The state’s Department of Energy and Environment relied on federal funding from the state’s energy program to pay chargers. The agency also has about $ 215,563 for the effort as part of the federal government’s settlement with Volkswagen regarding environmental violations.

This year, the state provided funds to add 50 charging stations and that effort will resume next year with Volkswagen’s settlement dollars dedicated to construction.

Now the initiative is picking up even more speed with the $ 54 million earmarked for Arkansas as part of Biden’s plan.

Arkansas will develop a plan that installs DC fast chargers to support fast charging at key points across the state, as well as the development of overnight charging stations in communities and public spaces where car owners electrics can plug in vehicles overnight. The plans will also include discounts for owners who charge their vehicles where they live, Keogh said.

HAPPY HOMB

Home BancShares Inc. is about to relocate to Texas.

Conway Bank said on Wednesday that its shareholders and the owners of Amarillo-based Happy Bancshares Inc. have both approved the proposed $ 918 million merger of the two banks.

On Thursday, the acquisition was approved by the Arkansas State Banking Board and the Arkansas State Bank commissioner. Pending federal approval, the close is slated for the first quarter of next year.

Home Bancshares, parent company of Centennial Bank, announced that it will enter the Texas market with the full acquisition of shares of Happy Bancshares, which operates as Happy State Bank across the enclave and other parts of Texas.

With Happy on board, Home BancShares will be one of the 75 largest banks in the country with approximately $ 23.3 billion in assets, $ 13.4 billion in loans and $ 18.7 billion in deposits.

“I would like to thank both the shareholders of Happy and the shareholders of HOMB for their support of the merger,” Home BancShares Chairman John Allison said in a statement.

THE CIRCUMFERENCE IS INCREASING

The Circumference Group, a Little Rock investment firm, is venturing with a studio focused on identifying, developing and funding pre-seed and start-up companies.

The initiative, CG Ventures, will help entrepreneurs create strategic value and deliver scalable value to clients, the company said, adding that it is keen to help build successful businesses for the long term.

“Through CG Ventures, we will partner with motivated entrepreneurs by providing capital and access to the cross-functional expertise of our team,” said Jeff Fox, CEO and Founder of Circumference. “Circumference Group will provide its partner studios with an invaluable network of new end users and potential investors through the team’s global relationships and advisory roles. “

Arthur Ordinal, previously Executive Vice President and Chief Innovation Officer of Avis Budget Group, will lead Circumference efforts.

NLR BUILDING SALE

Diamant Properties is the new owner of a former Arvest bank branch in the Park Hill neighborhood of North Little Rock. The 2,532 square foot building located at 3502 John F. Kennedy Blvd. sold for $ 550,000.

Diamant Comptabilité will move operations into the building. The company, owned by Shane Diamant, provides accounting, financial processing, payroll and tax management services with a focus on small businesses and individuals.

Brandon Rogers of Colliers of Arkansas represented the seller in the transaction and Stuart S. Mackey of Hathaway Group represented the buyer.

“With its great visibility and easy access to and from Highways 30 and 40, this is a fantastic purchase for its new ownership group,” said Rogers.

“This location in the neighborhood continues to show Shane’s interest in serving the local business owner,” Mackey added. “Hathaway Group was proud to have represented Diamant CPA in finding a new home and enjoyed working with Colliers to meet the needs of both clients in this transaction.”

Ideas for columns or recommendations? Any thoughts or reflections that need to be continued? Contact me at amoreau@adgnewsroom.com or at (501) 378-3567.


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Telematics simplifies tax compliance for fuel fleets https://kelleypc.com/telematics-simplifies-tax-compliance-for-fuel-fleets/ Fri, 17 Dec 2021 16:56:15 +0000 https://kelleypc.com/telematics-simplifies-tax-compliance-for-fuel-fleets/ Anyone who has had to track their business trips for mileage reimbursement can understand the challenges facing interstate commercial carriers. When their commercial vehicles pass through more than one of the 48 states and 10 Canadian provinces that are members of the International Fuel Tax Agreement (IFTA), the fleet must submit a quarterly report that […]]]>

Anyone who has had to track their business trips for mileage reimbursement can understand the challenges facing interstate commercial carriers.

When their commercial vehicles pass through more than one of the 48 states and 10 Canadian provinces that are members of the International Fuel Tax Agreement (IFTA), the fleet must submit a quarterly report that includes kilometers traveled, fuel purchased and taxes paid in each jurisdiction. This is done to ensure that each jurisdiction receives its fair share of the fuel taxes paid, based on the distance traveled by the vehicle in that jurisdiction.

As one can imagine, this has been a chore for interstate commercial carriers. Traditionally, they have tracked purchased fuel by collecting fuel refill receipts and tracked kilometers driven by writing them down in paper journals. Fleet managers then consolidated this information into a paper summary or into a spreadsheet for quarterly ranking.

“Keeping paper files requires careful organization with record keeping for years in the event of an audit” Scott Sutarik, Vice President of Commercial Vehicle Solutions at Geotab, told PYMNTS in an email interview. “The possible loss of paper files is not uncommon, especially with refueling receipts. It is a large business and continues to manage fleet records through paper records.

Digitization of the compliance process

Today, digitization may offer an alternative. With fuel cards, software and telematics, fleets can automate much of the compliance process.

For example, Geotab offers the Geotab GO telematics device which records GPS and odometer data at frequent intervals. The company also offers its MyGeotab fleet management software, which provides access to IFTA solutions and tools. Together with the data from the telematics device and the fuel maps of the fleet, this generates the necessary reports.

“The IFTA report aggregates distance by jurisdiction by vehicle and also allows for integration with refueling,” said Sutarik. “The report has specialized logic to process the large amount of data generated by devices during each day.”

He added that with telematics capturing the daily trips of each vehicle and the time spent in each jurisdiction, drivers are freed from this task and the data is more accurate.

With the platform integrating data from telematics and fuel cards, the generation of an IFTA is automated and can be sent to a third party to produce the completed tax forms. In addition, digitization eliminates the problems that arise when relying on paper documents: missing documents, data entry errors, late declarations, overpayments or audits.

Integration of a complete platform

Accurate reporting is important. Fleets are required to obtain a permit from IFTA for qualifying motor vehicles that travel in more than one IFTA member territory. To verify compliance and ensure that the correct tax is paid, each IFTA member jurisdiction is required to verify 3% of their licenses annually.

In addition to IFTA, the MyGeotab platform helps with other compliance requirements of fleets, such as the Electronic Recording Device (ELD) mandate, which requires many commercial vehicles to use a device that records time. and other data, and Hours of Service (HOS), which regulates the number of hours truckers can drive and work.

“IFTA is seen as an important part of fleet compliance, in addition to the ELD mandate and [HOS] management, all of which are considered mandatory processes in many fleets, ”Sutarik said. “By integrating a comprehensive telematics platform, users are able to streamline their compliance management processes, including HOS, ELD and IFTA, to ensure they deliver accurate information without compromising time spent on the road. . “

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NEW PYMNTS DATA: AUTHENTICATION OF IDENTITIES IN THE DIGITAL ECONOMY – DECEMBER 2021

On:More than half of American consumers think biometric authentication methods are faster, more convenient, and more reliable than passwords or PINs, so why are less than 10% using them? PYMNTS, working with Mitek, surveyed over 2,200 consumers to better define this perception gap in usage and identify ways in which businesses can increase usage.


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A renowned option for any investor https://kelleypc.com/a-renowned-option-for-any-investor/ Wed, 15 Dec 2021 23:05:52 +0000 https://kelleypc.com/a-renowned-option-for-any-investor/ The Select editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners. Fidelity is a household name in the investment world for both new and advanced investors. In fact, it’s likely that you’ve […]]]>

The Select editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners.

Fidelity is a household name in the investment world for both new and advanced investors.

In fact, it’s likely that you’ve come across a Fidelity study or two while browsing normal business news, especially in retirement:.

Fidelity Investments offers financial advice, pension plans, wealth management, trading and brokerage services. Users can take advantage of commission-free trading on many types of securities, zero-fee index funds, low margin rates, tax-efficient IRA accounts, managed portfolios, comprehensive tools and advanced in-depth research from more than 20 independent suppliers.

Below, Select reviews the offerings of Fidelity Investments to give you details of the investment options, features and fees so you can decide if it is right for your needs.

Subscribe to the Select newsletter!

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Review of Fidelity Investments

Fidelity Investments

Information about Fidelity Investments has been independently collected by Select and has not been reviewed or provided by Fidelity Investments prior to publication.

  • Minimum deposit and balance

    Minimum deposit and balance requirements may vary depending on the investment vehicle chosen. No minimum to open a Fidelity Go account, but a minimum balance of $ 10 for the robo-advisor to start investing. Minimum balance of $ 25,000 for planning and personalized advice from Fidelity

  • Costs

    The fees may vary depending on the chosen investment vehicle. No commission fees for stocks, ETFs, options trades and certain mutual funds; no transaction fees for over 3,400 mutual funds; $ 0.65 per option contract. Fidelity Go is free for balances under $ 10,000 (above $ 3 per month for balances between $ 10,000 and $ 49,999; 0.35% for balances over $ 50,000). Fidelity Personalized Planning & Advice has an advisory fee of 0.50%

  • Premium

  • Investment vehicles

  • Investment options

    Stocks, bonds, ETFs, mutual funds, CDs, options and fractions of shares

  • Educational resources

    Comprehensive tools and in-depth industry-leading research from over 20 independent vendors

Advantages

  • No commission fees for transactions in stocks, ETFs, options
  • No transaction fees for over 3,400 mutual funds
  • Fidelity Go Robot Advisor (free for balances under $ 10,000)
  • Fidelity hybrid robot service Personalized planning and advice
  • Limited time offer of $ 100
  • Many educational tools and resources
  • 24/7 customer service
  • Over 100 physical branches across the United States for face-to-face support

The inconvenients

  • Fidelity Go charges $ 3 per month for balances between $ 10,000 and $ 49,999; 0.35% for balances over $ 50,000
  • Fidelity Personalized Planning & Advice requires a minimum balance of $ 25,000 and an advisory fee of 0.50%
  • Some Fidelity mutual funds require you to meet specific thresholds
  • Platform outage reports during busy days

Investment options

Characteristics

Index funds are one of the easiest ways to invest, and Fidelity makes buying these assets even more affordable than usual. The broker offers the following index funds that have zero expense ratios (in addition to no commission fees): Fidelity ZERO℠ Total Market Index Fund, Fidelity ZERO℠ International Index Fund, Fidelity ZERO℠ Large Cap Index Fund and Fidelity ZERO ℠ Extended Market Index Fund. Fidelity also sets itself apart by offering many choices of low expense ratios and thousands of mutual funds with no transaction fees.

Fidelity’s research is more than sufficient with third-party vendors such as Thomson Reuters, Ned Davis Research and Recognia. Its educational resources include tools and calculators, such as:

  • Fidelity Retirement Score℠: See how you’re tracking your retirement goals with a tool that delivers your retirement score in just 60 seconds when you answer six simple questions.
  • Armor trade®: Manage entry and exit trading strategies using 10 pieces of information with this tool.
  • Fidelity Estate Planner®: Access an online service that guides you through the estate planning process and helps you identify a lawyer.
  • Fidelity Five Money Musts: Learn how to manage money in the real world with this online game.

At the time of writing, new users can also take advantage of a limited time offer of $ 100 when they open and fund a qualifying account with promo code: FIDELITY100.

Fidelity customer service is available 24/7 via email, phone or live chat, and you can even meet a representative in one of Fidelity’s in-person locations at over 100 physical branches across United States.

It’s easy to manage your Fidelity investments on the go. The Fidelity Investments app is available for free download in the App Store (for iOS), where it has 4.8 / 5 stars (and nearly 2 million reviews), and on Google Play (for Android), where it has 4.4 / 5 stars at the time of writing.

Costs

At the end of the line

Editorial note: Any opinions, analysis, criticism or recommendations expressed in this article are the sole responsibility of the editorial staff of Select and have not been reviewed, endorsed or otherwise approved by any third party.



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