The FCA has imposed a number of restrictions on a car investment scheme provider and ordered it to halt regulated activities because of concern about its finances. The watchdog placed the restrictions on motor finance provider Raedex Consortium Limited (Raedex) on 19 February. Raedex is part of an investment scheme offering consumers the chance to […]
Archives for 2021
FCA steps in to halt car investment scheme
The FCA has imposed a number of restrictions on a car investment scheme provider and ordered it to halt regulated activities because of concern about its finances. The watchdog placed the restrictions on motor finance provider Raedex Consortium Limited (Raedex) on 19 February. Raedex is part of an investment scheme offering consumers the chance to […]
How advisors can serve U.S. expat clients
Although there are as many as seven to nine million Americans estimated to be living abroad at any given time, widespread knowledge among U.S. financial advisors on how to advise expat clients is lacking — particularly in those parts of the U.S. where few residents leave for more than a few weeks of vacation or […]
How advisors can serve U.S. expat clients
Although there are as many as seven to nine million Americans estimated to be living abroad at any given time, widespread knowledge among U.S. financial advisors on how to advise expat clients is lacking — particularly in those parts of the U.S. where few residents leave for more than a few weeks of vacation or […]
United takes 24 Boeing 777s out of service as the FAA orders inspections following engine failure
Residents take pictures of debris fallen from a United Airlines airplane’s engine on the neighborhood of Broomfield, outside Denver, Colorado, on Feb. 20, 2021. A United Airlines flight suffered a fiery engine failure Feb. 20, shortly after taking off from Denver on its way to Hawaii, dropping massive debris on a residential area before a […]
Tax-News.com: US Tax Season Begins
The Internal Revenue Service launched tax season for individuals on February 15, 2021, highlighting the various supports available for taxpayers when preparing their returns.
U.S. has started to talk with Iran about detained Americans, Biden national security advisor says
US National Security Adviser Jake Sullivan speaks during a press briefing on February 4, 2021, in the Brady Briefing Room of the White House in Washington, DC. Saul Loeb | AFP | Getty Images WASHINGTON – White House National Security Advisor Jake Sullivan said Sunday that the United States has started speaking with Iran over […]
PPP processing delays continue
Measures implemented by the U.S. Small Business Administration (SBA) to screen for potential fraud in Paycheck Protection Program (PPP) applications continue to cause stress and delays in the system, AICPA executives said during an online Town Hall. Stung by reports of widespread fraud during the first iteration of the PPP last year, the SBA instituted […]
PPP processing delays continue
Measures implemented by the U.S. Small Business Administration (SBA) to screen for potential fraud in Paycheck Protection Program (PPP) applications continue to cause stress and delays in the system, AICPA executives said during an online Town Hall. Stung by reports of widespread fraud during the first iteration of the PPP last year, the SBA instituted […]
Closing Your Books Monthly: Why and How
“Closing the Books” is one of those antiquated phrases I still use, like carbon copy and burning the midnight oil. When accountants used actual books, the process was manual and slow going. Today, we rely on innovative online tools to help us with the work. Still, the goal remains the same: Accuracy in the many […]