A New York man pleaded guilty to swindling people out of more that $1 million in a scheme that referenced the “Seinfeld” character George Costanza.
Archives for 2024
More ultrarich are worth over $100B than ever before
AI, luxury goods and geopolitical shifts have buoyed several people above the threshhold.
Weekend Reading For Financial Planners (May 18-19)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a recent study indicates that while overall social media engagement for financial services companies was down in 2023 compared to the previous year, firms boosted their engagement through posts that were entirely original content (rather than sharing […]
Dodge and Ram boss Tim Kuniskis, father of the Hellcat, to retire from Stellantis
Stellantis’ Dodge and Ram brands CEO Tim Kuniskis is retiring after a nearly 32-year career with the automaker, the company announced Friday.
Unpacking the 2024 Federal Budget: What you need to know
When Treasurer Jim Chalmers handed down the 2024-25 Federal Budget on 14 May 2024, it was clear that the government had a diverse range of objectives. From offering tax cuts to supporting vulnerable groups, the budget is packed with measures aimed at stimulating economic growth and providing relief. Let’s unpack the key points from this […]
Airwallex Bill Pay, now available with Xero
This guest blog was written by the team at app partner, Airwallex. Airwallex is excited to announce the release of its new Airwallex Bill Pay solution, taking hours out of paying invoices and automating the entire process in one place. With Airwallex Bill Pay, you can manage each step of paying a bill within the […]
DoL’s Retirement Security Rule & PTE 2020-02 Amendment: What Advisers Need to Know Now About Giving Rollover Advice After Sept 23, 2024
On April 25, 2024, the Department of Labor (DoL) issued the final version of its Retirement Security Rule (the “Final Rule”), which imposes an ERISA fiduciary standard “that applies uniformly to all investments that retirement investors may make with respect to their retirement accounts“. The new rule represents the latest attempt by regulators to define the types […]
The 2024 Federal Budget recap for small businesses!
Right! There we have it folks – the Federal Budget for 2024 has dropped with a host of measures that look good for business owners and individuals, as well as some omissions that people were looking for in our pre-budget poll. When we took a poll last week to gauge the temperature of small business […]
Preparing for End of Financial Year
Do you want to successfully navigate year end? I hope so! In this webinar we’ll give you essential insights and strategies for optimising your business’s financial health. Learn how to accurately close your books, maximise opportunities, and set your business up for success in the coming year. Don’t miss this opportunity to ensure your books […]
Regulations finalize PTIN fees for tax return preparers
The IRS was required to reduce the charge for preparer tax identification numbers after a federal court found the previous amount excessive. The final regulations adopt the text of interim final and proposed regulations issued in 2023 without change.