Jeff Bezos, founder and CEO of Amazon, pictured on September 13, 2018. Bloomberg | Getty Images Amazon‘s pandemic-delayed Prime Day appears to have been more disappointing than previous years, according to a note from Citi analysts published on Friday. Citi looked at web traffic information collected by market research firm SimilarWeb and found that Prime […]
Archives for October 2020
The only time it makes sense to move funds from an IRA to an HSA
A little-known rule buried deep on the IRS website presents a once-in-a-lifetime opportunity for clients with a health savings account — the ability to make a contribution directly from an IRA. Although this one-time offer isn’t worth the effort for most clients, who’d be better off continuing to fund both accounts and collect dual tax […]
A kindler, gentler Wall Street for brokers?
Are advisors finally catching a break? In some courthouses, it seems they are indeed. In recent rulings, courts appear to be reevaluating their thinking on departing advisors who transport client assets to new firms — and looking askance at claims by major Wall Street firms that these advisors have done them “irreparable harm.” That’s part […]
Controller/Accounting Manager – Charlotte Agenda
Overview:Founded in 1972, Metrolina Builders is a Charlotte-based, privately held family business, providing commercial construction and design-build services to private sector clients throughout the Carolinas. Named as one of the Top General Contractors in Charlotte and a Fast 50 award winner, our sustained growth has created a fantastic opportunity for a talented and motivated finance […]
Ready, Set, Go! Learn How to Form a Partnership Using These 10 Steps
When you start a business, you have to determine whether you are going to call the shots by yourself or have a co-owner. If you’re not too keen on the idea of running a business solo, you may consider starting a partnership. Find out how to form a partnership to get the ball rolling on […]
Losing money is the coolest!
The newest episode of my podcast just went live! Josh talks to Ben Carlson about how it is that over 400 companies in the Russell 3000 have lost money this year but posted an average stock market return of +57%. Over 100 companies that lost money in 2020 have actually seen their share price double! […]
Report supports established interstate mobility principles
The Alliance for Responsible Professional Licensing (ARPL) recently released “Licensed to Move: Pathways, Principles, and Pitfalls for Interstate Practice,” a report that examines successful mobility and reciprocity practices in state licensure that allow professionals to practice across state lines. As the coronavirus pandemic continues to create the need for mobility among medical professionals, there has […]
Editor’s Column: Retirement ignorance is far from bliss
A couple of surveys we reported on this week reminded me about the epic scale of pension ignorance among the great British public. Just to be clear, I do not blame pension savers for this ignorance. They have some responsibility for failing to consider their retirement properly but most of the blame must fall […]
Brewin and Barclays Wealth execs join CISI board
The CISI has appointed four new board members including executives from Brewin Dolphin, Barclays Wealth and Rathbone. Three of the four were elected by members and one is a new independent non-executive director. The new independent non-executive director is Jane Valls who has a distinguished background in corporate governance, women’s empowerment and social justice. The […]
FinCEN pulls announcement of extended FBAR deadline
News Foreign Income & Taxpayers By Sally P. Schreiber, J.D. Updated: In a notice posted to its website on Wednesday, Treasury’s Financial Crimes Enforcement Network (FinCEN) announced that this year’s deadline to e-file FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR), on the Bank Secrecy Act (BSA) E-Filing System had been extended from […]