CPI inflation jumped from 9.4% in June to 10.1% in July, the highest level seen since the early 1980s. Rising prices for fuels and food were mainly to blame, according to ONS which released the figures this morning. CPI rose by 0.6% in July compared to no change in July 2021. The figures show a […]
Archives for August 2022
NAPFA to search for new CEO as Geof Brown exits after 9 years
Back it Up … What Is Backup Withholding, and Are My Contractors Subject to it?
When you pay an independent contractor, you don’t withhold taxes from their wages … or do you? In some cases, contractor wages are subject to backup withholding. So, what is backup withholding, and when do you need to do it? What is backup withholding? IRS backup withholding requires you to withhold tax from payments that […]
#FA Success Ep 294: Developing COI Referrals With Attorneys From An Attorney-Turned-Advisor, With Neel Shah
Welcome back to the 294th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Neel Shah. Neel is the Founder of Shah Total Planning, which itself is a combination of Beacon Wealth Solutions (an independent RIA) and Shah & Associates (a law firm) in Monroe Township, New Jersey, and oversees $57 […]
DWP plans are ‘death knell’ for DB pensions warns LCP
Recent proposals from the Department for Work and Pensions on the funding of defined benefit (DB) pension scheme could force many employers to put an end to DB schemes, according to pensions consultancy LCP. The new regulations were published for consultation by the DWP in July. LCP warned the new rules risk forcing all schemes […]
How does eInvoicing work in the Reel World?
As eInvoicing becomes more common and businesses who rely on invoices for payment become weary of antiquated invoicing methods, it’s time to look at an example of how making the switch to eInvoicing radically improves payment collection. Before we jump into an example of what happens when you make the switch to eInvoicing, let’s quickly […]
How does eInvoicing work in the Reel World?
As eInvoicing becomes more common and businesses who rely on invoices for payment become weary of antiquated invoicing methods, it’s time to look at an example of how making the switch to eInvoicing radically improves payment collection. Before we jump into an example of what happens when you make the switch to eInvoicing, let’s quickly […]
