The IRS on Wednesday added a new feature to its Child Tax Credit Update Portal to allow individuals to update their bank account information in order to receive monthly advance child tax credit payments (IR-2021-143). The IRS says any updates made by Aug. 2 will be reflected in the scheduled Aug. 13 payment and subsequent […]
Archives for July 2021
6 Business Estimate Facts in a 6-Minute Read
Want to let your customers know approximately how much a project’s going to cost them? If so, you need to know the ins and outs of creating a business estimate. But of course, you’re a busy business owner. You’d rather be creating the estimates and generating money than reading about them. That’s why we’ve put […]
Gilbert’s AssetCo takes £27.8m stake in Parmenion
Former Standard Life Aberdeen join chief executive Martin Gilbert’s AssetCo has acquired a 30% stake in Parmenion Capital Partners. AssetCo is expected to pay £27.8m for the equity stake. Standard Life Aberdeen also completed its sale of Parmenion today to private equity house Preservation Capital Partners, in a £102m deal which was announced in March. […]
Kitces & Carl Ep 63: Delivering A One-Page Financial Plan And A Full-Plan ‘Technical Appendix’
Executive Summary Back in 2015, Carl Richards made a bit of a stir in the financial planning community when he published his book, “The One-Page Financial Plan”, which suggested that most important aspects of a full financial plan could (and should) be delivered to clients on a single page (effectively a form of executive summary). […]
Retirement has changed. So why are planning strategies still the same?
Retirement — and what it means to each and every employee — is changing, and employers will need to re-strategize their current approach if they want to set workers up for success. A study conducted by Franklin Templeton, a leading asset management company, found that 80% of employees think the traditional idea of retirement no […]
11 Best Investments to get Monthly Income in India
Generating regular monthly income with low risk is a priority for many especially people who have retired or new entrepreneurs who need regular income until their business stabilises. In this post we list down 11 best investments which can help you generate your required monthly income with relatively low risk. Monthly Income Scheme from Banks […]
Verification in ITR – I further declare that I am making returns in my capacity as ….
After you fill up your income tax return forms, the last section asks for Verification. The statement reads as: Verification in ITR – What to fill in capacity I, (full name in block letters), son/ daughter of solemnly declare that to the best of my knowledge and belief, the information given in the return […]
Fresh COVID-19 cash flow support for NSW small businesses
With millions of NSW residents under stay-at-home orders and the state holding their collective breaths, it’s buoying to see fresh support offered to small businesses affected by the lockdown. There were two primary business streams of financial grant support announced on Tuesday by NSW Premier Gladys Berejiklian and Treasurer Dominic Perrottet. The first stream is […]