The cryptocurrency market has become an attractive investment option due to the vast array of opportunities. In addition, many forex traders have shifted to crypto trading due to the high volatility presenting better opportunities for them. However, the cryptocurrency market is an entirely new industry for many traders since they find the technology infrastructure intriguing. Many crypto brokers offer world-class benefits in the crypto trading industry, and it is essential as a new crypto trader to ensure you pick the right one.
About the Brand
Markets Legion is an online cryptocurrency broker that provides secure and private trading services to traders. In addition, they offer a variety of assets in crypto to allow you to diversify your trading portfolio.Their speciality is to provide cutting-edge technology to customers globally. In addition, their objective is to allow traders with little or no knowledge, access to trade crypto effortlessly. Markets Legion’s asset index includes over 100 cryptocurrencies to choose from, from the top-performing Bitcoin and Ethereum to the ever-popular Altcoins.
Some of the benefits offered by Markets Legion are the Partnership program, Account managers, and Safe transactions.
Markets Legion allows you to earn referral bonuses once you join their partnership program. As soon as your referral funds their account, you will be eligible to receive rewards. In addition, you can refer an unlimited number of friends.
Professional Account Managers
Markets Legion support team consists of professional account managers, offering expert advice to customers.
They promise high-level security of funds and personal information by securing transactions with the industry’s leading systems.
Social trading is interfaced on the Sirix trading platform, thereby allowing you to follow top-ranked traders. Furthermore, following these top traders will enable you to execute your trades with the copy trading feature.
Markets Legion has designed a tutorial section filled with informative educational material.
Tutorials include topics like:
- Bitcoin 101
- Top Ten cryptos
- What are Altcoins?
- Tips for new crypto traders
The Bitcoin 101 tutorial covers the basic information on Bitcoin. The top ten cryptocurrency section gives you a brief overview of the top ten performing coins, including market cap and trading volume.
- Professional account managers for expert advice.
- Social trading
- The partnership program allows you to earn referral bonuses.
- The web trading platform is accessible as an app on mobile devices.
- The exact number of referrals to qualify for an exclusive rewards bonus is not stipulated.
- Their live chat response time is slow.
- The withdrawal process is long, from 7-15 days.
In Conclusion, Markets Legion offers many benefits and reliable tools to allow a safe and secure trading experience. Their educational tutorials and professional account managers ensure that you are not trading in isolation as a novice crypto trader, and you can rely on their expertise to guide you. In addition, they are transparent and clear about their offerings to new customers; for this reason, we recommend Markets Legion as a preferred broker.


Nave's Topical Index2 Kings 12:4-14
And Jehoash said to the priests, All the money of the dedicated things that is brought into the house of the LORD, even the money of every one that passes the account, the money that every man is set at, and all the money that comes into any man's heart to bring into the house of the LORD,Nave's Topical Index—AKJV
2 Chronicles 24:4-14
And it came to pass after this, that Joash was minded to repair the house of the LORD.
Nave's Topical Index—AKJV


The Hill (10/1, Needham) “On The Money” blog reported manufacturing expanded last month at the fastest pace in 2 1/2 years, the Institute for Supply Management reported on Tuesday.
The ISM’s manufacturing index rose to 56.2 in September from 55.7 in August. The improvement may indicate that hiring could increase. The employment index climbed to 55.4 percent versus the previous month’s reading of 53.3 percent. That is the highest reading this year.
Chad Moutray the chief economist for In the National Association of Manufacturers’s Shopfloor (10/2) blog, Chief Economist Chad Moutray wrote, “This would be good news if true, particularly with manufacturers adding just 20,000 additional workers over the past year and several other reports, including the NAM/IndustryWeek Survey of Manufacturers, indicating only modest growth at best in terms of hiring.”
The production index rose by 0.2 percentage point to 62.6 percent. The Hill also noted that after “contracting in May, the index has posted three months of 60-plus readings.” Moutray said, “The larger story is the progress acceleration in activity over the course of the past few months, with relatively strong growth in production and new orders.”
He also said, “Overall, manufacturers wrapped up a pretty decent third quarter in terms of output and sales.” However, with the shutdown of the Federal government, he said “that continued fiscal stalemates will only hurt the prospect of more robust economic growth.” Moutray said, “Fiscal uncertainty is likely to limit economic growth — at least in the short-term — and we continue to see growth rates for manufacturing that, while better than in the spring, are still not as robust as we might like.”
Markit Factory Index Falls In September. Bloomberg News (10/2, Schenkel) reports manufacturing activity in the US grew at its slowest pace in three months in last month, Markit said. The Markit Economics final index of manufacturing fell to 52.8 last month from 53.1 in August.
Reuters (10/2) reports demand from other nations declined which slowed the overall rate of new orders and suggesting last month’s increase in output may be temporary.


As of 2018, US accounts almost 57% of the global fintech market followed by Asia and Europe at 31% and 10% respectively.
However, the adoption of fintech is limited at 46% in the country. The rise of digital only banks and mobile payments has led to increase in penetration of fintech money transfers and payment services.
- Definition / Scope
- Market Overview
- Market Risks
- Market Trends
- Technology Trends
- Regulatory Trends
- Other Key Market Trends
- Market Size and Forecast
- Market Outlook
- Distribution Chain Analysis
- Competitive Factors
- Key Market Players
- Strategic Conclusion
Definition / Scope
Generally, the term Fintech represents ‘Financial Technology’ where the technology represents mostly digitalization within the Banking & Financial services industry.
The scope of the technology covers digital infrastructures allowing establishment of new types of agreements and procedures in classic areas of banking such as lending, investment strategies and payments.
Some of the benefits of leveraging fintech technologies include: convenience of use or access via internet & mobile phones, increase in processing speed, reduction of costs, higher transparency and much focus on consumer experience.
At present, Fintech market can possibly be sub-divided into two sectors namely, banks & non-banks. The non-banking sector utilizing fintech include startups and businesses without bank licenses.
The latter sector focuses on modern banking value chain and is utilizing fintech to unbundle traditional banking business models.
The four most common categories of Fintech are as follows:
Digital Payments: The segment includes consumer payment transactions for products and services made via internet as well as mobile PoS or smartphone applications. In the US, the segment is the largest, both in terms of number of transactions and with most penetration.
Personal Finance: The segment accounts for technologies such as automated investment services i.e. Robo-advisors and digital remittances. However, online brokers without automated or recommendation-based advisory roles and domestic online payment doesn’t fall under the scope of this segment. This is the second largest segment in the US Fintech market.
Alternative Lending: This market segment includes digital financial services for business or institutional customers as well as private borrowers. The segment mostly focuses on lending to SME’s, freelancers and private individuals. Thus, crowd lending and marketplace lending is provided via online platforms.
Alternative Financing: This is the final segment of Fintech where the business models particularly lie in crowd investing models, other solutions such as non-monetary compensation for instance, product launches, music & film financing etc., applications that are mostly reward, loyalty or monetary based.


May 21, 2007
IN-vivo Ventures closes on fund to capitalize on America's hottest 'angel' marketWEST LAFAYETTE, Ind. - May 21, 2007 - IN-vivo Ventures LLC, a Purdue Research Park-based company formed in 2003, has created a founder's fund to provide initial seed capital to the company's projected short-term portfolio of 10-15 Midwestern technology ventures.
The IN-vivo Ventures Founder's Fund was developed from a large group of angel investors who helped launch Quadraspec Inc., an IN-vivo Ventures portfolio biotech company that uses compact-disc technology to cost-effectively diagnose disease. In addition to Quadraspec, IN-vivo Founders Eric Davis and Chad Barden have launched several companies, including Copient Technologies Inc.; Nuron LLC, which was acquired by Intel; Arxan Technologies Inc.; and Kylin Therapeutics Inc. Together, these companies have acquired more than $40 million in angel and venture capital-based funding and employ more than 100 people.
Davis, a managing partner at IN-vivo Ventures, said the new fund was created to respond to a heightened interest in private equity for Midwestern startups. He cites the success of the Purdue Research Park in West Lafayette, Ind., where more than $85 million in angel and venture capital investment flowed into startups in fiscal year 2005.
"Midwest-based venture funds typically do not have the capital to lead large syndicated financing rounds, and nearly all these funds are involved only with later-stage opportunities that are close to exit," Davis said. "Our new fund will bridge the gap between innovation and commercialization to more fully realize some of the tremendous opportunities here in the Heartland, and especially in Indiana."
Davis referred to a recent report by the Corporation for Enterprise Development, which ranked Indiana the fourth highest state in the percentage gain of venture capital/angel investing over five years (1999-2004). And while total venture capital/angel funding has increased only 7 percent nationwide over the last two years, it's increased 152 percent in Indiana during the same period. Perennial funding hotspots, such as the Silicon Valley and New England, have seen moderate increases, or even decreases, during this period (i.e. the Silicon Valley's funding increased 15 percent and New England's decreased 1 percent).
"I nearly wore out the soles of my shoes while raising initial capital for Quadraspec," said Chad Barden, IN-vivo Ventures' co-founder and a managing partner as well as Quadraspec's CEO. "We secured nearly all of our funding from a group of eighty Midwest-based angel investors and, during the course of the fundraising process, I realized the strength of this group and the opportunity that still existed in leveraging their combined investment potential for the benefit of emerging technology companies in the Midwest."
One of the Quadraspec "angels" is Carmel, Ind.-based real estate developer George Sweet. Sweet has become a leading participant in the IN-vivo Ventures Founder's Fund.
"Quadraspec allowed me contribute my own 30-plus years of entrepreneurial experience along with my monetary resources," Sweet said. "Angels are looking for excellent returns, but many also are looking to get involved with a company, and that's something larger VC firms on the coasts don't understand. I can achieve both of my objectives by working with Chad and Eric as they commercialize technologies that have the potential to literally diagnose and treat cancer ... and that's extremely rewarding."
Big Ten universities also are helping to fuel innovation in the Midwest. Each of these institutions enjoys nationally recognized research programs that, together, attract billions of dollars of sponsored research and produce hundreds of patented technologies annually.
"More than 300 life sciences companies exist in the Midwest, representing 21 percent of all U.S. biotech companies," said Joseph B. Hornett, senior VP, treasurer and COO of the Purdue Research Foundation, which owns and manages the Purdue Research Park. "IN-vivo Ventures efforts to grow new technologies and keep them here in Indiana are to be commended."
About IN-vivo Ventures
The mission of IN-vivo Ventures LLC is to cultivate and create economic value from the most promising platform technologies emerging from research universities and inventors in the Midwest. The company specializes in seeding emergent companies with qualified, professional management; advisors; and processes in order to streamline the process of licensing and commercializing technology.


FSLFs were still in existence at the turn of the century.
A further difficulty measuring the activities of FSLFs is the fact that it was possible for any society registered as a Friendly Society to have a separate loan fund.
Unlike LFSs, FSLFs were financial mutuals and a person was required to become a member and to either borrow or save.
Loan limits for FSLFs were set at [pounds sterling]50 by law; this was a much higher ceiling than the [pounds sterling]10 limit on pawnbroking and LFSs registered with the LFB.
The incentive structure of FSLFs also differed from LFSs registered with the LFB mainly because in FSLFs borrowers were members.
(38) FSLFs may in fact have been better placed to overcome information asymmetries faced by JSBs in urban areas.
FSLFs were usually short lived, and it seems that they conformed to the Friendly Society tradition of short-term dissolving societies.
This is a key distinction between the constitution of LFSs and FSLFs. If a LFS wished to dissolve it had to give the LFB three months' notice, then it had to give the users of the service ten days' notice.
(42) Here a different incentive structure for members of FSLFs and LFSs can clearly be seen.
However, as with FSLFs, Irish Building Societies received little interest from the Registrar and thus it is difficult to get a true reflection of Building Society activity in Ireland in the early nineteenth century.
In these societies funds were raised from a set number of members to build or purchase housing for the respective members, and when all loans, amortized over fixed terms, were repaid assets were distributed amongst members and the society was dissolved; these operated in a similar fashion to FSLFs. Later innovations led to societies borrowing from non-members (depositors and bank overdrafts) to enable the society to begin lending immediately before member subscriptions had accumulated.
To conclude, this paper gave an overview of the history of FSLFs and Building Societies in nineteenth-century Ireland.


High-end London-based jeweller Graff Diamonds is planning to list in Hong Kong on June 7, a report said Monday, as it seeks to raise up to $1.0 billion in one of the biggest IPOs this year.
The firm plans to start taking orders from investors in a roadshow between May 21 and 31 and is set to price the initial public offering at the end of the event, according to a term sheet seen by Dow Jones Newswires.
The IPO is set to be one of this year's blockbuster share sales after China's second largest brokerage Haitong Securities last month raised $1.68 billion from its Hong Kong IPO, the world's biggest so far this year.
The jeweller's listing in Hong Kong will enable the company to raise its profile in Asia and tap the fast-growing luxury goods market on mainland China.
China is forecast to be the world's top buyer of products such as cosmetics, handbags, watches, shoes and clothes by 2015, PriceWaterhouseCoopers has said.
Graff Diamonds' presence in Asia includes boutiques in Hong Kong, Shanghai, Beijing, Tokyo and Taipei. It is planning to open three flagship stores in the Chinese city of Hangzhou, Macau and Dubai this year, according to its website.
The firm's present sales are split evenly between Asia and Europe.
The jeweller will join other luxury brands using Hong Kong as a gateway to the burgeoning Chinese market, after the listings of firms such as Prada of Italy, US handbag maker Coach and US luggage maker Samsonite.
The slew of luxury firms seeking to list in Hong Kong are a sign of Asia's growing appetite for designer goods, especially among cash-rich Chinese, which has helped the financial hub to retain its crown as the world's largest IPO market.
Hong Kong raised a total of $260 billion from new listings last year but the IPO market has been quiet so far this year.


If you're at the point where you aren't sure you can take any more of this, you have plenty of company. Worldwide.
One year into this stock market slide, we've reached a new level of despair. Many investors now have lost about a third of their stock portfolios' value in the decline fueled by the implosion of home prices and credit markets.
"Why don't you be truthful with the poor people who have their money in this market," a reader wrote in a bitter e-mail to me over the weekend.
"You and I both know the market is not going up," she said. "How can it. Our government has destroyed our economy by shifting good jobs to Third World countries. Giving expensive houses to poor people and hoping they would make the payments."
And that plan for the Treasury to borrow $700 billion to buy up garbage mortgage loans? "Debt is what got us here and more debt is going to make things worse," the reader, Joyce, wrote.
Bereft of hope, she signed herself: "A former investor."
If you're 30 years old, a 33% drop in your portfolio may not be a big deal. You know you've got time to make it up.
But if you're 60, this is a disaster. And instinctively, you want to protect what you have left.
So the client calls are pouring in to money management firms like Silvercrest Asset Management in New York, which oversees about $9.6 billion for investors.
"They're asking what to do," said Stanley Nabi, vice chairman of Silvercrest. And like most market professionals, Nabi gives the standard answer: "I'm telling them to hold tight."
There is, of course, a large element of self-preservation in that advice from investment firms. They don't want clients pulling their funds and heading for the bank -- or the mattress.
But it's also true that history mostly is on the side of that counsel once stocks have fallen this much. Bear markets don't go on forever. And they usually end just when investors are feeling that there is no hope of a recovery.
Monday wasn't supposed to go the way it did. After Congress approved the financial-system rescue plan Friday, many investors were expecting the stock market to rally. Or at worst, to tread water.
Instead, after a devastating sell-off overnight in Europe, which has imported a banking crisis from the U.S., Wall Street suffered one of its most harrowing days ever.
Despite cutting an 800-point loss in half by the closing bell, the Dow Jones industrial average still ended below 10,000 for the first time since October 2004.
Yet in market parlance the first part of the day had overtones of "capitulation" -- a final, mad rush to get out, regardless of price.
"The selling sure seemed as if it was completely indiscriminate," said Andy Brooks, a veteran trader at T. Rowe Price Group in Baltimore. "We've reached the point where stocks are cheap, but people don't care," he said.
Those often are classic signs of capitulation.
Another sign is when pundits who usually are associated with an optimistic view of the market suddenly throw in the towel.
Jim Cramer, host of CNBC's "Mad Money" show and someone generally regarded as a cheerleader for the market, helped stoke talk of capitulation with his extremely bearish comments on NBC's "Today" show Monday morning.
Warning that the global credit crunch could drive the market down a further 20%, Cramer advised: "Whatever money you may need for the next five years, please take it out of the stock market. Right now. This week. I do not believe that you should risk those assets in the stock market."
"I thought about this all weekend," he added. "I do not want to say these things on TV."
Six years ago this week, many investors also had a deep sense of foreboding about stocks. The bear market that began in 2000 was in its 31st month, driven by the collapse of many once high-flying technology stocks.
On Oct. 9, 2002, the Standard & Poor's 500 index of big-name shares sank 2.7%, bringing the total decline from its March 2000 record high to 49.1%. That made it the most devastating bear market for blue-chip stocks since the latter years of the Great Depression.
Not surprisingly, on Oct. 9, 2002, most investors saw no reason to believe that things would get better. Yet that day finally marked the end of the long slide, for reasons known only to the market gods.
The current bear market, painful as it has been, hasn't gone on as long or been as deep as the last one.
Coincidentally, the S&P 500 reached its all-time high on Oct. 9 of last year. It's now down 32.5% since then.
What Cramer and many other investors fear, with good reason, is that the losses won't stop here.
The nightmare in the credit markets is unprecedented in the post-World War II era. Worldwide, many banks have stopped lending to one another as loan losses mount and one financial institution after another collapses.


Automated External Reporting | Deloitte US has been added to your bookmarks.
Automated External Reporting
Promoting efficiency through change
For more than 10 years, many companies have made significant investments to improve their accounting and reporting processes. Much of this effort has been focused on using technology to better enable processes to close the general ledger and consolidate balance sheets and income statements. These improvements have allowed companies to realize many benefits, including more reliable and readily available financial information, as well as improved control environments as processes are more automated and operationally efficient. However, as processes to close and consolidate have improved, many of the processes followed to prepare and submit financial statements and other external reports (e.g., statutory, tax, regulatory, management) continue to be operationally inefficient and—in some cases—may be ineffective.
- The challenges
- A new approach to address the challenges
- Can AER work for your organization?
- Learn more
- Get in touch
At Deloitte Risk and Financial Advisory, our experience has shown there is a common group of accounting and disclosure requirements that cause external reporting challenges across many industries. These include—but are not limited to—the following:
- Mergers, acquisitions, and divestitures
- Consolidations and joint ventures
- Derivatives and hedging
- Fair value measurements
- Pension and other post-retirement benefits
- Income tax accounting and provisions
- Statement of cash flows
- Statutory and multi-Generally Accepted Accounting Principles (GAAP) reporting
- Segment reporting and disclosure of operational metrics
These challenges are pervasive due to the relative complexity in meeting the accounting and reporting requirements, as well as the difficulty in implementing standardized processes and technology to support such requirements. Challenges also arise because the data needed to compile external reports resides in disparate places and requires manual and spreadsheet-based processes to gather and prepare external reporting.
A new approach to address the challenges
Automated External Reporting (AER) is Deloitte Risk and Financial Advisory’s approach to help companies move past these challenges and significantly reduce their reliance on manual, spreadsheet-driven processes inherent in current external reporting activities. AER helps our clients leverage existing data and technology by providing an efficient, sustainable, and technology-enabled process to enhance external reporting and overcome operational inefficiencies.
Some tangible financial benefits may include:
- Reduction in man-hours and cost required to perform current processes
- Opportunities to redeploy man-hours on other value-added activities
- Potentially avoiding incremental technology costs, as existing technology may be leveraged
- Scalable framework to address other reporting requirements
- Reduced risk with enhanced governance and internal controls over the external reporting process
- Opportunities to employ finance analytics (i.e., what-if analysis) utilizing available reporting tools
Can AER work for your organization?
Below we've included some key questions and common answers indicating that AER may be a value-added approach:
How do you feel about the efficiency of your external reporting process?
Our people have no time to analyze the results because we are so focused on preparing spreadsheets and using manual databases to support the compilation of financial statements and other external reports. Upon completing the consolidation, the data required to compile the financial statements and notes are still in disparate systems and compiled in spreadsheets for reporting purposes.
How many days does it take you to close the general ledger and how many days does it take you to produce and submit financial statements?
While it takes up to 10 days to close the general ledger and produce a balance sheet and income statement, it takes us another 25-35 days to compile, finalize, and submit financial statements.
For a new acquisition, how would you consolidate and report the new businesses?
Our people will have to work more hours (or we may even need to hire more people) and employ more spreadsheets/databases to prepare and compile consolidated financials and notes for the new company.
How are top-side adjustments processed?
If we decide to not reopen the general ledger, the external reporting manager would determine all amounts affected in the financial statements and notes based on professional judgment and manually record adjustment(s) directly to the file containing the financial statements.
What governance and oversight is employed when preparing foreign statutory reports?
We rely on our local accounting manager to prepare statutory financial statements—including any adjustments from core GAAP to local GAAP. The accounting manager's primary tools for determining adjustments and compiling reports are spreadsheets and word processing applications.


Here are some of the most noteworthy new highs and lows across the markets for Friday, January 17, 2020.
The “Average” Stock Is Breaking Out To New All-Time Highs $VLA
Automobile Stocks Testing 15-Year Highs
Housing Stocks Testing All-Time Highs $HGX
Utilities Breaking Out To All-Time Highs $DJU
Broker-Dealer Stocks $XBD Testing All-Time Highs
Emerging Markets $EEM Hitting 52-Week High, But…
Australian Stocks Hitting New All-Time Highs
Natural Gas Hitting ~4-Year Lows
If you’d like to see these charts as they come out in real-time, follow us on Twitter and StockTwits. And if you’re interested in the daily “all-access” version of all our charts and research, please check out our site, The Lyons Share. You can follow our investment process and posture every day — including insights into what we’re looking to buy and sell and when. Thanks for reading!
Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. The conclusions based on the study in this letter may or may not be consistent with JLFMI’s actual investment posture at any given time. Additionally, the commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.


FOR IMMEDIATE RELEASE
July 24, 2019
EB-5 Investment Coalition Calls for Withdraw of New DHS Regulations to Allow Congress to Take the Lead on Reform
WASHINGTON, DC – The EB-5 Investment Coalition, a broad-based coalition representing EB-5 industry participants across the country, today released the following statement from Angelique Brunner, the EB-5 Investment Coalition’s Industry Membership Chair and Spokesperson, on the U.S. Department of Homeland Security’s publication of new regulations:
“The regulations published by the U.S. Department of Homeland Security (DHS) fail to modernize the American EB-5 visa program. In fact, the regulations will crush foreign investment in communities across the U.S. and put hundreds of thousands of American jobs at risk, without addressing the fraud and national security concerns, which all parties agree are pressing.
“Congressional action is the best way to truly modernize this merit-based, job-creating immigration program, address national security and fraud concerns and bring lasting reform so the EB-5 program can continue to invigorate both rural and urban communities and keep Americans working. Recent EB-5 investment activity shows that tens of billions of investment dollars and hundreds of thousands of new U.S. jobs hang in the balance.
“We urge this administration to move with speed to withdraw these regulations, which derive from the previous administration’s proposal, and let Congress take the lead. There is a ripe opportunity to achieve consensus legislative reform ahead of the program’s expiration this September; we do the American people a significant disservice not to seize it and deliver reform done right.”
About the EB-5 Investment Coalition:
The EB-5 Investment Coalition (EB-5IC) is a broad-based organization of businesses, industry leaders, trade associations and elected officials mobilizing around the shared mission of putting Americans to work by reauthorizing and strengthening the critical EB-5 Regional Center Program. For more information, please visit: www.eb5coalition.org.


Jessie Xuan Yang
Equity Research | Investment Analysis
Jessie Yang is a second-year graduate student in the Quantitative Finance and Risk Management program. She earned a bachelor’s degree in Information and Computing Science from Shanghai University of Finance and Economics. Jessie previously interned as an equity researcher in a sell-side security company, and as an investment analyst in a private equity company. She has programming experience in Python, C++, and Matlab.


As a business owner, you understand how crucial it is to express gratitude to your loyal clients. What better way to accomplish this than with a gift that qualifies for a tax deduction? The Yankee Candle fundraiser fills this need. It is not only a wise business expense but also a terrific way to help your neighborhood. In this post, we’ll answer the question is the Yankee Candle Fundraiser tax deductable? Furthermore, we will discuss the tax benefits of a candle fundraiser and the excellent corporate presents that Yankee Candles make.
Can you write off candles as a business expense?
Nonprofits should always reach out to sell their candles to local businesses. Did you know that a local company can buy 10 times what an individual may purchase> This is because a business often buys a gift at the end of the year to express appreciation for their best customers. This is a nice secret to multiplying your profits to reach your candle fundraising goal.
However, a commercial businesss owner may wonder… Can i write this off as a business expense? Is the Yankee Candle Fundraiser Tax Deductible?
Have you heard about the IRS $25 business gift rule?
The Yankee Candle fundraiser is tax deductible, first things foremost. The quick response is “yes”! Gifts provided to clients or customers that cost less than $25 per person are regarded as tax-deductible business costs, according to IRS regulations. It also qualifies for this tax credit because each Yankee Candle sold through the fundraiser only costs $20. However bear in mind that this tax deduction is subject to certain restrictions. For instance, you cannot write off presents that cost more than $25 per recipient as company expenses, nor can you write off gifts that you give to yourself or your family.
Why do Yankee Candles make great corporate gifts?
After confirming that the Yankee Candle fundraiser qualifies for a tax deduction, let’s discuss why Yankee Candles make excellent corporate gifts. For starters, they are a reputable, high-quality brand that your clients will undoubtedly love. Also, you may select the one that best suits your company and your clients because they are available in a range of smells and sizes. Additionally, because candles are consumable goods, your consumers will probably finish them off and buy more, which means they’ll think about you every time they light a candle. This also helps your school, team or nonprofit because they will buy more next year!
But, the Yankee Candle fundraiser’s win-win nature may be its best feature. You not only get to help out your neighborhood and give your clients a kind gesture, but you also get to reduce your tax liability. It’s a wise business expense that can help you maintain control of your funds and gain the trust of your clients.
Talk to a tax pro
We should point you that as we aren’t tax experts, we are unable to provide you with personalized tax advice. A CPA or tax accountant should always be consulted to ensure that you are adhering to local laws and regulations. But generally speaking, the Yankee Candle fundraiser is a wise option for business owners who want to express their gratitude to their clients while simultaneously benefiting from tax advantages.
In conclusion, the Yankee Candle fundraiser is a great way for business owners to support their local community, give their customers a thoughtful gift, and save money on taxes. With Yankee Candles priced at just $20 per gift, it’s an easy and affordable way to show your appreciation. So why not sign up for the Yankee Candle fundraiser today, and start making a list of all the business owners you know in your area? Your customers (and your wallet) will thank you for it!


Prestige Capital Solutions Helps Commercial Real Estate Investors, Developers and Self Storage Facility Owners secure loans for the acquisition, construction, renovation, and refinance of Self Storage units and facilities through our extensive relationships and networks of Self Storage lenders we are able to provide the best rates and terms available in the State of Florida for the financing of Self Storage Investments. We understand the underwriting of successful Self Storage Investments and strategies to generate the most revenue and cash flow for our clients as well as the specific underwriting requirements of the specific Self Storage lenders who are the appropriate fit for whatever specific goals and purposes you have for your Self Storage investments.
TYPES OF WAREHOUSE LOANS WE PROVIDE:
Private Equity Investment
WHY USE PRESTIGE CAPITAL SOLUTIONS FOR YOUR SELF STORAGE INVESTMENT NEEDS?
WE SAVE YOU TIME
WE SAVE YOU MONEY
WE STREAMLINE THE PROCESS
WE HAVE THE KNOWLEDGE AND EXPERIENCE
WE ARE HONEST AND BRING REAL VALUE TO OUR CLIENT


Remember you can't rely on single indicator waves , you should consider all things(indicators,fundamentals, technical) before entering trade.
I take into consideration all things before trading! My Target for Profit will be same as I expect! Even a subtle fluctuation in price doesn't matter!
Cindicator Awesome Crypto!
As I mention before CND promising cryptocurrency having great team.
Idea behind this cryptocurrency astonishing!
As in my Previous TA for CND we enter to a buy trade at $0.15 still holding these coins!
Good buy entry point for short term and long term traders is $0.25 at the moment.
Some key Points for Short traders buy at $0.25 with target of $0.48.
Long term target will be same as i expected $0.93 before 25 June 2018.
Prediction 26 in which i have mention target (click on link for Prediction 26) :
New Chart for update( Specially for Short term traders and long term trader entry point)


There are alot of things to like about Scottrade but getting divis or stock disbursements is not among them (also option prices and margin rate). I expect the value of the shares to show up today but the actual stock tomorrow.
I disagree about Scottrade. Most of the time the divs are in my account the morning they are paid. I received the .32 today but not SBY. Remember that the stock distribution announcement said "on or about April 24".
These things take awhile. Don't expect anything this week. Another issue; sell this lousy holding, also NLY and AGNC. Buy REM, the ETF that holds all these plus others; 11.25% dividend, no K-1 and low mgmt. fee. Let those guys have the headache.


The Romanian company Appraisal & Valuation, one of the largest real estate appraisal companies in the local market, has acquired the online platform evalari-arta.ro, which specializes in the valuation of works of art.
The deal comes as Appraisal & Valuation prepares to list its shares on the AeRO market of the Bucharest Stock Exchange.
“Appraisal of art objects is an area that complements the range of appraisal services offered by our company. This is fully consistent with the vision of our company, which implies constant horizontal development, adding new value-added services to existing ones, ”said Andrey Botis, CEO of Appraisal & Valuation.
Appraisal & Valuation SA, founded in 2010, owns the NAI Romania brand and at the same time is one of the leaders in the valuation services market.
NAI Global is a network of independent commercial real estate companies and one of the world’s largest commercial real estate service providers.
The company completed a private placement in June and will list its shares on the AeRO market in the third quarter of this year under the ticker APP.
(Photo courtesy of the company)


Bakkt Holdings just recently announced a partnership with Quiznos to launch the pilot for their brand-new Bitcoin payment system. This will permit Bakkt users to purchase food at some Quiznos locations in Denver utilizing the digital possession.
Quiznos: Buy a Sandwich With Bitcoin
Bakkt users will be able to use the pilot in certain Quiznos stores across Denver beginning this month. This consists of the high-traffic Denver airport place.
Chief Revenue Officer at Bakkt, Sheela Zemlin, expanded on the significance of the new system being adopted by Quiznos:
“This is an exciting tentpole moment for us as we connect the next generation of consumer experiences to the digital economy… … Through this partnership, we are introducing special experiences to Quiznos consumers by allowing them to take advantage of new ways to connect with digital possessions and bringing bitcoin utility to the mainstream customer market.”
Upon monitoring the efficiency of the brand-new pilot, Bakkt may “expand the partnership” to Quiznos areas throughout the country, according to Zemlin. According to ChainXY, there are now 216 Quiznos dining establishment places across the U.S.
President of REGO Restaurant Group (which owns Quiznos) Mark Lohmann discussed why he believes the collaboration is useful to the company.
“Partnering with an ingenious platform such as Bakkt is appealing to us for a number of reasons, primarily due to the fact that it permits us to accept bitcoin directly at the point of sale as part of a fast and smooth transaction.”
Lohmann included that the business is delighted to provide yet another method for consumers to purchase their food, utilizing the Bakkt digital possession wallet in this circumstances.


Maybe George Bailey should've jumped — and made his savings and loan a commercial bank.
If he had, he'd have been much better prepared for the Federal Reserve's recent decision to raise certain capital requirements, a move some are calling the death knell for the classic thrift business model: lend to home buyers like crazy.
"We believe that regulatory changes following the financial crisis … have ended the viability of the thrift industry," analysts at Keefe, Bruyette & Woods wrote last week. "Higher capital requirements will not support the revitalization of the thrift industry, in our opinion, and as a result the industry will continue to fade away."
Thrifts have historically focused on residential loans, pretty much to the exclusion of all else. Maintaining high leverage allowed thrifts to post profits in spite of low margins and negligible fee income, said Frederick Cannon, Keefe Bruyette's chief equity strategist.
No longer. With residential real estate values battered by recession, such mortgages are now a higher-risk asset class, and many thrifts are dramatically reducing their dependence on home loans, in favor of different revenue streams.
In 2006, for example, the median ratio of residential mortgages to total loans at the 20 biggest thrifts was 78%. At March 31 of this year that ratio stood at just 61%, according to KBW.
The trend is likely to continue. The Fed's decision to adopt international capital standards promulgated by the Basel Committee on Banking Supervision will push even more thrifts to abandon the old thrift model, Cannon says. Banks have until 2019 to comply with the Fed's new capital requirement.
The declines are apparent at some of the biggest thrifts.
Flagstar Bancorp in Troy, Mich., reduced its ratio of residential mortgages to 72% at March 31, from 90% in 2006.
At Investors Bancorp the ratio fell to 58% at the end of the first quarter, down from 90% in 2006. The $11 billion-asset Short Hills, N.J., company on Monday said it would buy Marathon National Bank, which has 13 branches around New York.
A number of small thrifts, meanwhile, have abandoned their old ways by scrapping their thrift charters, getting out of the residential mortgage business, or both. ViewPoint Financial Group, a $3.5 billion-asset banking company in Plano, Texas, earlier this month agreed to sell its home-lending unit to a nonbank mortgage lender. ViewPoint converted to a commercial bank charter last year, abandoning its thrift charter.
The $9.5 billion-asset Sterling Financial in Spokane, Wash., became a commercial bank in 2005 and has since reduced its exposure to single-family mortgages. The company in February dropped "Savings" from the name of unit Sterling Bank, severing any ties to its days as a thrift.
And Greene County Bancorp retains a savings association bank charter, but it has operated more like a commercial bank since the late 1990s, said Don Gibson, the Catskill, N.Y., company's president and chief executive. While one- to four-family residential loans still make up about 71% of the $579 million-asset company's loan book, Greene County has been putting more emphasis on its commercial lending, he said.
"Everyone has to find their niche, and the traditional thrift model doesn't work well for us," Gibson admitted. "Just because you're chartered as a thrift doesn't mean you are a thrift."
Some savings and loans are digging in their heels.
"A lot of our peers have moved in the direction of being a commercial bank," said Peter Boger, the chairman, president and chief executive of Ridgewood Savings Bank in Queens. "I don't see that happening anytime soon here."
Boger's $4.8 billion-asset institution is the largest mutual thrift in New York. "The thrift is alive and well at Ridgewood," he said.
Douglas Faucette, a banking lawyer at Locke Lord, said many smaller thrifts have stuck to their guns and continue to focus on one- to-four-family residential real estate loans. And the stricter capital standards won't cause these small thrifts to blink an eye, he said.
"If you look at the financials of community thrifts, they could care less about Basel," Faucette said. "The whole concept of additional and supplemental capital is foreign to them. They've always been overcapitalized."
Ridgewood, which has more than two-thirds of its loan book in the first quarter in one- to four-family residential loans, already surpasses the Basel capital requirement, Boger says. At March 31, Ridgewood posted a total risk-based capital ratio of 23.8% and a leverage ratio of 12.2%.


Analysts Set $28.25 Target Price for Reading International Inc (RDI)
Reading International Inc (NASDAQ:RDI) has been given an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy rating.
Analysts have set a 1-year consensus price objective of $28.25 for the company and are expecting that the company will post $0.14 EPS for the current quarter, according to Zacks. Zacks has also assigned Reading International an industry rank of 168 out of 265 based on the ratings given to its competitors.
A number of research analysts have commented on RDI shares. BidaskClub upgraded shares of Reading International from a “hold” rating to a “buy” rating in a research note on Friday, September 15th. Zacks Investment Research cut shares of Reading International from a “hold” rating to a “sell” rating in a research note on Friday, November 17th. Finally, Gabelli started coverage on shares of Reading International in a research note on Friday, December 1st. They set a “buy” rating for the company.
Reading International (NASDAQ:RDI) last announced its quarterly earnings results on Monday, November 6th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.04). The business had revenue of $66.09 million for the quarter, compared to the consensus estimate of $65.70 million. Reading International had a return on equity of 8.16% and a net margin of 8.70%. analysts expect that Reading International will post 1.15 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently bought and sold shares of RDI. Van Den Berg Management I Inc. increased its holdings in shares of Reading International by 56.0% during the third quarter. Van Den Berg Management I Inc. now owns 295,085 shares of the company’s stock worth $4,639,000 after buying an additional 105,897 shares in the last quarter. Eidelman Virant Capital increased its holdings in shares of Reading International by 32.1% during the third quarter. Eidelman Virant Capital now owns 377,650 shares of the company’s stock worth $5,936,000 after buying an additional 91,850 shares in the last quarter. Gabelli Funds LLC increased its holdings in shares of Reading International by 123.5% during the third quarter. Gabelli Funds LLC now owns 84,373 shares of the company’s stock worth $1,326,000 after buying an additional 46,623 shares in the last quarter. Wedge Capital Management L L P NC acquired a new stake in shares of Reading International in the second quarter valued at approximately $671,000. Finally, Gamco Investors INC. ET AL increased its holdings in shares of Reading International by 52.7% in the third quarter. Gamco Investors INC. ET AL now owns 112,382 shares of the company’s stock valued at $1,767,000 after purchasing an additional 38,800 shares in the last quarter. 35.17% of the stock is owned by institutional investors.
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About Reading International
Reading International, Inc (RDI) is engaged in the development, ownership and operation of multiplex cinemas in the United States, Australia, and New Zealand, and the development, ownership and operation of retail and commercial real estate in the United States, Australia and New Zealand. RDI operates through two segments: cinema exhibition and real estate.
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In a blow to the long-term future of certain coal-fired capacity, the Public Utilities Commission of Ohio (PUCO) on Feb. 25 modified and approved an electric security plan (ESP) for AEP Ohio that doesn’t include help for the Kyger Creek and Clifty Creek coal plants.
“Today’s decision adopts a comprehensive plan that will promote a competitive environment for AEP Ohio’s customers and support future electric reliability in Ohio,” said PUCO Chairman Thomas W. Johnson in a Feb. 25 statement.
In reaching its decision, the commission declined to adopt the company’s proposed purchase power agreement as it relates to the company’s interests in Ohio Valley Electric Corp., which controls the Kyger Creek and Clifty Creek plants and is owned by several power generating companies. Although the commission found that the proposed power agreement (PPA) mechanism was permitted under Ohio law, after weighing the evidence of record, it was not persuaded that the proposal would benefit ratepayers.
Ohio, with its deregulated structure, holds a lot of uncertainties for aging coal-fired capacity. The rejected PPA rider would have assured the future of this capacity for several years, allowing it stability that the open market doesn’t provide. AEP Ohio, a unit of American Electric Power (NYSE: AEP), had said the PPA would have provided rate certainty to customers.
Said the PUCO decision about this proposal: “In this ESP, AEP Ohio requests approval of a non-bypassable PPA rider to be used as a hedge against future market volatility, in order to stabilize customer rates. Initially, the proposed PPA rider would be based solely on AEP Ohio’s OVEC contractual entitlement from the Kyger Creek and Clifty Creek generating stations, although the Company seeks to reserve the opportunity to include additional PPAs in the rider. As proposed, AEP Ohio’s OVEC contractual entitlement, including energy, capacity, and ancillaries, would be sold into the PJM Interconnection, LLC (PJM) market and, after deducting all associated costs from the revenues, the proceeds from the OVEC contractual entitlement, whether a credit or a debit, would accrue to Ohio ratepayers.
“AEP Ohio submits that selling the OVEC entitlement into the PJM market eliminates any adverse impact on the [standard service offer] auctions and does not affect the opportunity of competitive retail electric service (CRES) providers to compete for customers. OVEC’s costs, according to AEP Ohio witnesses Vegas and Allen, are relatively stable, in comparison to the wholesale power market, and rise and fall in a manner that is counter-cyclical to the market, thereby creating the PPA rider’s hedging effect for ratepayers. AEP Ohio proposes that the PPA rider would be adjusted annually to reconcile projected expenses and revenues with actual data. AEP Ohio also notes, regarding the possible expansion of the PPA rider, that the Company is only considering the inclusion of future PPAs with its affiliates.”
But the PUCO said in rejecting this proposal that this rider would limit the ability of ratepayers to shop for their power and would be a net cost to ratepayers. “In sum, the Commission is not persuaded, based on the evidence of record in these proceedings, that AEP Ohio’s PPA rider proposal would provide customers with sufficient benefit from the rider’s financial hedging mechanism or any other benefit that is commensurate with the rider’s potential cost. We conclude that AEP Ohio has not demonstrated that its PPA rider proposal, as put forth in these proceedings, should be approved under [state code]. Nevertheless, the Commission does believe that a PPA rider proposal, if properly conceived, has the potential to supplement the benefits derived from the staggering and laddering of the SSO auctions, and to protect customers from price volatility in the wholesale market. We recognize that there may be value for consumers in a reasonable PPA rider proposal that provides for a significant financial hedge that truly stabilizes rates, particularly during periods of extreme weather. As we have consistently emphasized in AEP Ohio’s prior ESP proceedings, rate stability is an essential component of the ESP. Accordingly, the Commission authorizes AEP Ohio to establish a placeholder PPA rider, at an initial rate of zero, for the term of the ESP.”
OVEC operates the Kyger Creek plant in Cheshire, Ohio, which has a nameplate capacity of 1,086 MW. It also operates the Clifty Creek in Madison, Ind., with a nameplate capacity of 1,304 MW.


PNB says to honour ‘bona fide’ liabilities, stops short of accepting full liability; finmin sees no system risk.
A day after Punjab National Bank (PNB) disclosed a $1.77-billion fraud in a regulatory filing, causing the bank’s stock to lose a fifth of its market value and triggering some concerns whether such incidents might have occurred elsewhere in the banking system as well, the finance ministry and the state-run bank itself tried to soothe nerves. And the law enforcement agencies were quick on their toes too. PNB said it will honour all “bona fide commitments” on the letters of undertaking (LoUs) illegally issued by a Mumbai branch allegedly to firms controlled by billionaire jewellers Nirav Modi and Mehul Choksi, causing the mammoth fraud. However, the bank’s managing director Sunil Mehta stopped short of owning up to the entire liability until investigations by various agencies conclusively suggest so.
In a tweet, the Enforcement Directorate said it searched “17 premises across India of Nirav Modi & Geetanjali Gems in case related to fraud in PNB” on Thursday and seized “stocks of gold, diamond & precious stones worth Rs 5100 crore”. The raids, PTI reported, came after the agency filed a `280-crore money-laundering case against Modi, his wife Ami, brother Nishal and business partner Mehul Choksi on Wednesday, following a complaint by PNB.
Stressing that the culprits in the PNB fraud case won’t be spared, financial services secretary Rajeev Kumar separately said the bank will make the required provisioning for any liability and that it has “sufficient” funds for it. “Whole lot of assets will be recovered. Nobody will be spared,” Kumar said.
For its part, the finance ministry believes the fraud doesn’t pose broader systemic risks; still, the ministry is monitoring the development closely, a senior official told FE. Mehta too said the fraud was confined to only one branch and is not widespread.
Under relentless attack from a united Opposition over the fraud at the second largest state-run lender, government managers asserted that no one, however high and mighty, will be spared if found to be complicit in it and investigations that it will be carried out at a brisk pace. Union minister and senior BJP leader Ravi Shankar Prasad said: “I wish to make it very clear on the behalf of the government that no one, who has sought to derail ordinary banking system, shall be spared, regardless of any individual’s stature and status.”
In a cautionary letter to chiefs of 30-odd banks, PNB has hinted other banks may have been lax in their due diligence, as stipulated by the central bank, while entertaining these fake LoUs. Mehta said PNB’s exposure to various firms controlled by Modi and Choksi would be roughly Rs 1,700 crore, excluding the LoUs. Choksi has denied any wrongdoing by him or his company.
“If the investigation process says it is (entirely) our liability, then we will accept it,” Mehta told reporters. These LoUs helped these companies raise buyer’s credit from international branches of other banks, which feel PNB must honour its LoUs based on which they lent to the firms related to Modi.
PNB hasn’t yet received any directive from the Reserve Bank of India (RBI) on its share of liabilities, Mehta said, adding, however, that it will go by any directive from the central bank on the extent of liabilities.
The fraud couldn’t have come at a worse time as the lender is still trying to trim its gross non-performing assets from as much as 12.11% of gross advances. Its total provisions (other than tax) and contingencies made during the third quarter of 2017-18 climbed 74% to Rs 4,466.68 crore. Its net profit in the first three quarters of this fiscal stood at Rs 1,134 crore, up Rs 1,063 crore from a year before. This means its finances would be badly hit if it is to make provisions for the liabilities from this fraud.
Mehta said the fake LoUs were being issued since 2011 and the bank first detected the fraud on its own in the third week of January. “We approached CBI on January 29 this year and immediately filed an FIR,” he said. “We are in the recovery mode and looking to protect the financial interest of all lenders.”
Mehta said Modi had conveyed his willingness to pay but the bank has asked him to come up with a concrete action plan. “He (Modi) had last week sent us an email offering to repay the dues. We have not accepted the vague offers. We have asked him for a concrete repayment plan,” Mehta said.
Asked how such fraudulent activities escaped the monitoring of the bank management and auditors, Mehta said these LoUs were issued using the SWIFT interbank messaging system, without making corresponding entries in the bank’s own books, thus, preventing any oversight. Since the fraud has been detected by the bank itself, there may not be any requirement for a forensic audit. However, should the bank feel the requirement of it, it may opt for one.
ED sleuths swooped down on at least 10 premises linked to the case early this morning. They searched Modi’s residence in Kurla, jewellery boutique in Kala Ghoda area, three company offices in Bandra and Lower Parel in Mumbai, three premises in Surat in Gujarat and Modi’s showrooms in Chanakyapuri and Defence Colony in Delhi.


Registered education savings plan
A registered education savings plan (RESP) in Canada is an investment vehicle available to caregivers to save for their children's post-secondary education. The principal advantages of RESPs are the access they provide to the Canada Education Savings Grant (CESG) and as a method of generating tax-deferred income.
An RESP is a tax shelter designed to benefit post-secondary students. With an RESP, contributions (comprising the investment's principal) are, or have already been, taxed at the contributor's tax rate, while the investment growth (and CESG) is taxed on withdrawal at the recipient's tax rate. An RESP recipient is typically a post-secondary student; these individuals generally pay little or no federal income tax, owing to tuition and education tax credits. Thus, with the tax-free principal contribution available for withdrawal, CESG, and nearly-tax-free interest, the student will have a good source of income to fund their post-secondary education.
Canada Education Savings Grant
The Canada Education Savings Grant (CESG) is provided to complement RESP contributions, wherein the government of Canada contributes 20% of the first $2,500 in annual contributions made to an RESP. After changes introduced in the 2007 Canadian federal budget, the government may contribute up to $500 per year to a participating RESP, to a lifetime maximum of $7,200. This income is available upon withdrawal from the RESP by a post-secondary recipient, with a maximum lifetime contribution of $50,000. Any contributions over this amount are subject to taxation.
The government grants introduced in 2005, entitled Additional CESG, allowed an additional 10% or 20% for a total of an extra 30 or 40 cents on each dollar of the first $500 contributed to an RESP, depending on the family income of the beneficiary's primary caregiver. An application is made through the promoter of the RESP, which is often a bank, mutual fund company or group RESP provider.
Canada Learning Bond
The government of Canada also provides a Canada Learning Bond (CLB) to encourage low-income families to contribute to an RESP. Families with children born on or after January 1, 2004, and who receive the National Child Benefit, will receive an additional $500 CLB when they open an RESP and $100 for each year they remain eligible.
Alberta Centennial Education Savings Grant
The Alberta Centennial Education Savings (ACES) grant was introduced in 2005 by the Alberta government to encourage families to begin planning and saving for their children's post-secondary education.
The government of Alberta contributes $500 to an RESP for babies born to or adopted by Alberta residents on or after January 1, 2005. The Alberta government then contributes a $100 Alberta Centennial Education Savings Grant to students who are enrolled in school in Alberta, and have turned the age of 8, 11, or 14 in 2005 or later.
The provincial government announced in March 2013 that the program would be phased out, but did not provide a final date.
The provincial government announced, in March 2015, that the plan is closing in 2015/16 fiscal year. Applicants will no longer be accepted by RESP providers and promoters on or after July 31, 2015.
Saskatchewan Advantage Grant for Education Savings
The government of Saskatchewan has announced the Saskatchewan Advantage Grant for Education Savings (SAGES) to benefit children in the province. The legislation was to be implemented in 2013.
Québec Education Savings Incentive
The Québec education savings incentive (QESI) was launched in February 2007 and is a tax measure that encourages Québec families to start saving early for the education of their children and grandchildren. Universitas Financial commissioned a financial study in 2006 recommending the creation of an education savings incentive in Quebec and gave a number of presentations for this purpose to the provincial government.
Any principal contributed to the RESP can be withdrawn at any time by its contributor. In this case, any eligible CESG payments on those contributions must be repaid to the Government. If the beneficiary has also received additional CESG, none of the beneficiaries in the plan will be eligible for additional CESG for the next two years. If the student elects to not attend a post-secondary institution, any accumulated interest may be withdrawn by the contributor; this is called an AIP (Accumulated Income payment). To receive this AIP, the plan must be in place for at least 10 years and all beneficiaries must be over 21 years old. This AIP is taxed as income unless it is rolled into a registered retirement savings plan (RRSP), subject to individual contribution limits and applicable rules.
In group RESPs (otherwise known as Group Scholarship RESPs), individual contributions are pooled with those of other contributors. In a pooled group plan, the interest that is left behind from cancelled RESPs gets paid out with the matured plans. This excess "interest" is also called attrition.
- 529 plan (United States)
- Canada, Government of Canada, Employment and Social Development. "Saving for your Child's Education". www.esdc.gc.ca. Retrieved 2015-12-13.
- Canada, Government of Canada, Employment and Social Development. "Canada Education Savings Grant | RESP and Education Savings in Canada | CanLearn.ca". www.canlearn.ca. Retrieved 2015-12-13.
- Canada, Government of Canada, Employment and Social Development. "Canada Learning Bond | RESP and Education Savings in Canada | CanLearn.ca". www.canlearn.ca. Retrieved 2015-12-13.
- CanLearn (November 9, 2009). "Alberta Centennial Education Savings Plan Quick Facts". Government of Canada. Retrieved 2010-03-03.
- Alberta Enterprise and Advanced Education. "Alberta Centennial Education Savings Plan". Alberta Government Ministries. Retrieved 2013-05-25.
- Alberta Enterprise and Advanced Education. "Alberta Centennial Education Savings Plan". Alberta Government Ministries. Retrieved 2015-03-31.
- Government of Saskatchewan (2012-12-03). "Saskatchewan Advantage Grant for Education Savings Legislation Passed". Retrieved 2013-03-25.
- Collette, Olivia (2015-11-16). "The RESP: A win-win for families and society". Montreal Gazette. Retrieved 2019-01-17.
- Revenu Québec. "Québec education savings incentive". Gouvernement du Québec. Retrieved 2010-03-03.
- Revenu Québec. "Determining the QESI amount". Gouvernement du Québec. Retrieved 2010-03-03.


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Is your mailbox stuffed full of bills? Are you looking for a way to reduce stress and lower your monthly bill payments? When you consolidate your debt with The Loan Ranger you open yourself up to these possibilities becoming realities.
The Loan Ranger Team strives to help everyone become homeowners regardless of credit. Do not let your past credit history haunt you for the rest of your life, take action and apply today. We want to be your first choice each and every time you need a home loan. We always try to go above and beyond for you so that you will always feel confident referring your family and friends to us for their mortgage financing needs. Take advantage of our expertise in the residential lending industry by applying online today.


For Therapists: Helping Individuals Navigate the Financial Aid Process
Our Standard Decision timeline is technically behind united states, which means trainees and therapists can heave a heave a sigh of elimination while my colleagues u shut each of our doors, measure away from all of our email inboxes, and get hectic reviewing information. However , with these February you financial aid deadline day just around the corner, there may be likely still some give good results left to undertake for students in addition to families in search of financial aid as part of all their admission to help Tufts. If you are an college psychologist or teacher wondering how you can best aid your seniors at this time, here are some recommendations coming from a financial aid lover:
– Clarify terms
For a lot of students, educational funding terminology could feel like a totally new language, one particular filled with peculiar acronyms and also unfamiliar speech like Pell grant or even Federal Guide loans. Offering a glossary about some common school funding terms (like this one out of my coworker Meghan) might better prepare yourself students to promote their parents/guardians to submit school funding documents, along with empower them with the knowledge to navigate the exact aid revival process separately during their later years of college.
Clarifying language is incredibly important for being able to help students face the big distinctions that advise the federal loans process. For example , is a scholar classified when dependent , meaning they can be required to give parental material to be viewed as for solution, or 3rd party , that means they interact with one or more on the federal condition to submit merely their own source of income information? While many high school more mature adults applying to come to be first-time young people will be reliant students, non-traditional students or even students through special scenarios may need supplemental support interpretation and documenting their dependency status.
Additionally , if a present student’s legal mother and father are single or separated and don’t are living together, the scholar might need assist distinguishing their valuable custodial and non-custodial parent . A custodial parent is the parent along with whom the student lived many during the past season or, if ever the amount of time is certainly equal on parents, often the parent just who provided far more financial help support during the past yr. Tufts College and many other schools, especially those that require typically the CSS Account, will require finance information coming from both appropriate parents to figure out a student’s need, while the Free Plan for Govt Student Assistance which can help determine eligibility regarding federal university student aid services requires basically custodial father or information. When a student falls short of contact with some noncustodial parent or guardian, they will likely have the help of their school doctor to seek some sort of waiver for that non-custodial (NCP) Profile.
2 . Assemble documents
Once young people understand whose information needs to apply for educational funding, it’s a chance to assemble the ideal documents. The exact FAFSA, CSS Profile, along with any institutional financial aid creates will require pupils to research specific tier amounts on tax paperwork and other financial statements. With regard to families submitting taxes in the states, these written documents generally include federal taxation statements (Form 1040, including almost all Schedules) homeworkstuff.com/, wage statements (typically W-2 and also 1099 forms), and transactions of resources (such since retirement financial savings accounts or maybe college monetary accounts). Possessing these supplies nearby before you begin to put together financial aid varieties will help steer clear of uncertainty, stress, blank responses, and skipped deadlines. Conversing from very own experience aiding students using the process, no-one wants some sort of lost W-2 to be the reason a financial enable package is definitely delayed or even reduced!
3. Dept . of transporation the i’s and frustrated the t’s
After a individual submits all their initial educational funding forms, they must pat them selves on once again, take a full breath… plus prepare to carry out a few more measures. For example , Tufts and many individuals peer organizations require students to add signed and also scanned duplicates of parents’ and students’ federal levy documents in the College Board’s Institutional Documentation Service, known as IDOC. In addition , some scholars will be picked by the Team of Learning for procedure called proof, which requires students to submit additional paperwork, such as taxes return transcripts or evidence federal help, to each school funding office to be able to confirm the information listed very own FAFSA. Other students may very well be required to produce proof of citizenship status to each financial aid office environment if the citizenship status on the financial aid varieties does not coordinate what is at file with the US Social Security Software, which is well-known for students who else became Us residents through the naturalization process.
Each and every institution would have different demands, deadlines, and also procedures to follow along with and, unfortunately, it is often these kind of intricate women steps that prevent pupils from filling out the financial aid process by the due date. For this reason, service from counselors, teachers, and guides can have an enormous impact, because can getting in touch with college school funding offices directly. Even if your company student provides submitted all their FAFSA plus CSS Description at this point, That i recommend recording back in and even checking to make sure that that the FAFSA was ready-made successfully and the student bundled all schools to which they are yet to applied on equally forms.
Within Tufts, pupils can easily trail the standing of their financial aid materials on the application position page, but if you act like you or your scholars find yourselves with certain questions, please reach out. Each of our financial aid home office is here to aid!


Former Super System Review chair Jeremy Cooper has hit back at ASIC’s claim that advisers are not sufficiently qualified or focused on retirement advice, saying the blame needs to be laid with other service providers.
Speaking at the Australian Securities and Investments Commission (ASIC) Annual Forum in Sydney yesterday, Cooper – who led the federal government’s review of the Australian superannuation system and is now a senior executive at Challenger – said the role played by advisers in the retirement process is often misrepresented.
“We tend to blame advisers a lot of the time for the difficulties around retirement,” he said.
“But really we should be blaming politicians and policymakers and institutions and product providers who have designed the system.
“Poor advisers are on the frontline but the reality is that retirement is complex and expensive.”
Cooper’s comments were in response to ASIC Commissioner Peter Kell, who told the same event that the regulator is concerned about the work of financial advisers in the retirement phase of their clients’ financial lives.
“Far too many advisers are not able to give strategic advice around retirement issues but are too focused on the accumulation phase,” he said.
Bernard Salt of KPMG, who also addressed the forum, said more broadly that the ‘baby boomer’ generation now entering retirement had “unrealistic expectations” of their financial advisers, as well as politicians and society in general.
“These unrealistic expectations are what led to the situation in Greece and Turkey and what will ultimately be the ‘day of reckoning’ in Australia.”
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Get a negative Credit Loan in Adrian, MI
If you are trying to find “bad credit loans” in Adrian, MI, we’ve the important information not to just get financing with bad credit, but additionally get possibly favorable loan terms. It could appear quite difficult to obtain the loan you’ll need with reasonable terms for those who have bad credit. It would likely feel just like the world is working against you due to a low credit rating. But do not worry, you can still find solutions. There are methods you are able to borrow cash also with bad credit.
Bad credit loans are addressed exactly like unsecured loans. They’ve been money you borrow and repay in predetermined equal payments. Continue reading
A number of definite offenders are emerging as the Reserve Bank of IndiaвЂ™s internal working group continues to scrutinise the surge in digital loan apps across India.
They are apps which were either financing without the licence or utilizing wrongful practices to attract and soon after harass borrowers trying to find small-ticket loans. A majority of these apps have already been known as in very first information reports filed by regional police authorities where complaints were made.
BloombergQuint has accessed a summary of at the very least ten such apps, that have been red-flagged towards the RBIвЂ™s interior group that is working section of a much wider set of a huge selection of apps being scrutinised for feasible wrongdoing. These apps additionally function when you look at the FIRs filed with various cybercrime cells across Hyderabad, Telangana. Continue reading
pose a question to your mates and peers whether they have ever endured absolutely essential for fast money. they’d it’s quite likely state В«yes,В» and listed here are the absolute most causes that are typical. The restrictions of pay day loans in Englewood Cliffs, New Jersey arenвЂ™t specified. Borrowing from $30 to $a hundred, a purchase price of 1/10 associated with the entire volume may tdbank com applynow8 be expected. Even though there is not a way, you will be charged for over ten dollars for loans started from $one hundred. There clearly was no more than 309per cent of most APR for getting a $one hundred mortgage for a fortnight. You canвЂ™t be charged a lot more than $1 per every $5 should your home loan is $30 or less.
Recipients can get money in cash at a real estate agent location or perhaps in a banking account or mobile wallet, in one single hundred thirty currencies. Continue reading
Where do lower-income Americans turn whenever up against instant bills with no cash with which to pay for them? Many look to the loan that is payday, that provides short-term loans in return for costs and high interest levels. These loans are usually $500 or less and so are called “payday” loans since the debtor is anticipated to cover it straight straight right back upon receipt of the next paycheck. Continue reading
The Department of company Oversight’s California Financing Law product is wanting to engage two pupil assistants. The pupils filling this place will manage a wide selection of crucial administrative duties.
Conditions of work
That is a part-time, temporary, non-benefited, pupil place. Work in all jobs with University Enterprises, Inc. depends upon the consent that is mutual of Enterprises, Inc. while the worker. This means either University Enterprises, Inc. or perhaps the worker can, at any time, terminate the work relationship at will, with or without cause.
With regards to the variety of place you might be trying to get, a background that is pre-employment composed of more than one for the following could be carried out: work history, professional recommendations, unlawful check, academic verification (for example., degree, permit, or formal transcript) and real exam and medication urinalysis test. Continue reading


Semiconductor solutions provider TranSwitch Corp. recently announced that it has received a delisting notice from ‘The Nasdaq Stock Market LLC’ that threaten to suspend its shares from trading from Jun 17, 2013. Following the announcement, the company’s share plunged 6.55% to close at $0.4335.
Earlier, in Dec 2012, the company had received a letter from Nasdaq for failing to comply with the ‘Nasdaq Listing Rule 5550(a)(2)’, which requires stocks to maintain a minimum bid price of $1.00 per share on closing basis for 30 consecutive trading days.
Also, in Feb 2013, the company had received a follow-up letter from Nasdaq stating that it has failed to comply with the listing norms which requires listed companies to maintain a minimum of $2.5 million of stockholders’ equity. For full year 2012, TranSwitch had a stockholders’ equity of $1.23 million.
Thereafter, even during the 180-day notice period following the first letter, the company’s closing bid price failed to close at or above $1.00 for a minimum of 10 consecutive trading days. It was also unable to comply with the minimum requirement for stockholder’s equity.
In response to the delisting notice, TranSwitch has decided to file an appeal of determination with a Hearing Panel, and intends to submit its plan to regain compliance along with a request for some additional time.
However, it remains to be seen whether the revival plan by TranSwitch is acceptable to the Panel for granting permission for continued listing or whether it decides to suspend trading.
TranSwitch provides Innovative integrated circuit (IC) and intellectual property (IP) solutions, which help the customer and network infrastructure segment in delivering core functionality for video, voice and data communications equipment.
TranSwitch currently carries a Zacks Rank #3 (Hold). Some other stocks in the same sector include Integrated Device Technology, Inc. (IDTI - Free Report) , OmniVision Technologies, Inc. , each carrying a Zacks Rank #1 (Strong Buy) and FormFactor Inc. (FORM - Free Report) carrying a Zacks Rank #2 (Buy).


Caltex snaps up indigenous carbon creditsPUBLISHED: 05 Jun 2013 10:14:00 | UPDATED: 06 Jun 2013 14:24:50PUBLISHED: 05 Jun 2013 PRINT EDITION: 06 Jun 2013
The ILC’s Fish River property is set to generate about 13,000 permits a year from controlled burning of savannah. Photo: Jonathan Carroll
Oil refiner Caltex Australia has snapped up the first indigenous-generated, Kyoto-compliant Australian carbon credit permits after an open-tender process, paying more than $20 a tonne.
The Indigenous Land Corporation had sold all of its 25,884 Australian carbon credit units (ACCUs) generated from its Fish River savannah-burning project in the Northern Territory to Caltex, the ILC said on Wednesday in a statement.
The ILC called for expressions of interest this year to buy ACCUs from its remote 178,000-hectare Fish River property, which is set to generate about 13,000 permits a year from controlled burning of savannah. The burning helps prevent larger wildfires later in the season that release large volumes of carbon emissions.
The units bought by Caltex were generated in 2011 and last year.
Proceeds towards new jobs
ILC chairwoman Dawn Casey described the sale as “a fantastic result” for the project. She said proceeds from the sale would be reinvested in supporting indigenous jobs and environmental land management on Fish River.
Dr Casey said the ILC was drawn to the deal with Caltex “due to the fuel supplier’s demonstrated commitment to advancing indigenous and environmental causes”.
The exact price is being kept confidential, but Dr Casey said it was more than $20 a tonne. That compares with the fixed carbon price now at $23 a tonne.
The organisation has said it faces difficulties selling permits for use after this year because of uncertainty abut the future of the clean energy legislation and the collapse in the price of emissions units in Europe.
The Australian Financial Review


The U.K. is using a regulatory “trick” to introduce its carbon tax on fossil-fueled power generation, which would not have been allowed under European Union emissions trading law, said the U.K. unit of RWE AG.
Britain is using an exemption under the EU Energy Products Directive to proceed with its tax, which it named a carbon floor, John McElroy, director of policy at RWE Npower, said in an interview at the Platts emissions conference in Brussels.
“That’s the trick that they have used,” he said Oct. 6. “It’s not permitted under the EU emissions trading system.”
Chancellor George Osborne in March fixed a carbon tax of 4.94 pounds ($7.71) a metric ton from 2013 to raise revenue and prompt investment into power generation such as wind farms and nuclear. Wind turbines are subsidized and the coalition government has said no subsidy will be given to new nuclear power stations. The government indicated the tax, part of the Conservative-Liberal Democrat coalition agreement when they took office in May 2010, may rise to 9.86 pounds in 2015.
No exemptions from EU law were necessary to introduce the floor, a Treasury official, who asked not to be identified in line with department policy, said by e-mail. EU laws allow the nation to tax fossil fuels for environmental reasons and the policy will provide more certainty on carbon prices than previous rules, the official said.
Talks With EU
The U.K. Department of Energy and Climate Change last month declined to provide Bloomberg News with e-mails and letters between Britain and the European Commission over its planned changes to energy-market regulations and the carbon floor.
“Its disclosure would provoke a negative reaction by the European Commission and could undermine the commission’s willingness to enter into further discussions and negotiations with the U.K.,” Tim Warham, an energy markets and networks official in DECC in London, said in a Sept. 23 letter to Bloomberg News.
“The U.K.’s ability to protect and promote its interests in the context of electricity market reform would be adversely affected if the requested information was disclosed,” he said.
Britain will scrutinize Electricite de France SA’s profit from its nuclear power plants under the tax, according to Tim Yeo, chairman of parliament’s energy and climate change committee. The nation should introduce a windfall tax on existing atomic plants to claw back additional profit, the Liberal Democrats, the junior partner in the coalition, agreed at a party conference last month.
‘Revenue Raising Exercise’
The floor will undermine the EU emissions market and increase costs unnecessarily, McElroy said. “It’s a revenue raising exercise by Treasury,” he said. RWE, Europe’s biggest emitter, has coal and natural-gas power stations in the U.K.
Nuclear generation, which emits almost no carbon, may benefit from higher electricity rates after the tax on fossil-fueled power generation is introduced in 2013, Citigroup Inc. said in March. EDF, owner of eight of the 10 atomic power stations in Britain, may earn as much as 154 million pounds, the bank said. Estimates of any profit EDF may earn as a result of the tax is “speculation,” Kaa Holmes, a company spokesman in London, said at the time.
The EU’s carbon cap-and-trade program already requires Britain’s power stations to buy permits to cover a portion of emissions and they’ll have to purchase all allowances from 2013. EU permits for December rose 1.8 percent to 10.65 euros a metric ton at 10:26 a.m. in London. They have fallen 25 percent this year.
The U.K. carbon floor is cutting the need for emission reductions in other EU nations because it encourages a faster pace of abatement in Britain, said David Hone, climate adviser at Royal Dutch Shell Plc and chairman of the International Emissions Trading Association.
The policy effectively subsidizes power generation in other EU nations and increases the total cost of complying with climate-protection measures, Hone said last week at the Platts emissions conference in Brussels. “We are probably setting a poor example for the rest of the world.”
EU lawmakers need to object more stridently when member states propose energy policies and subsidies that work against single power and natural gas markets in the bloc, Johannes Teyssen, chairman and chief executive officer of EON AG, said Sept. 29.
In March, the EU commission said the U.K. tax will “weaken” the bloc’s carbon price signal.
Future British governments may abandon the tax, McElroy said. “The unilateral approach undermines the EU emissions trading system as the principle instrument for delivering low-carbon investment across Europe.”


A bad credit rating is not necessarily based on a negative private credit information. The instant loan is a loan that has a simplified credit check procedure. The credit rating can also be reduced by a low income and existing credit obligations. An instant loan despite bad creditworthiness is not possible in real terms. It turns the instant loan into a full credit check. Under certain circumstances, the favorable credit rating independent lending rates of various instant loan offers can still be obtained.
The instant loan despite poor credit rating
Borrowing is a given today. Normally, loans are also given quickly if the conditions are right. However, if payment difficulties have arisen in the past, a loan has been terminated, and then an instant loan with bad creditworthiness can cause difficulties. Because these facts always cause a negative entry in the private credit.Because German banks query before a loan commitment to the private credit it is clear that the bad private credit limits the credit approval or completely prohibited.
If you urgently need a loan, you should seek a solvent sponsor. With a guarantee, an instant loan, despite its poor credit rating, has positive approval opportunities. However, to give a guarantee that it is not a small friendship service, but it can ruin a guarantor financially. Just then it comes with the borrower to defaults and the guarantor is taken into recourse. If the latter no longer has any resources or if he can no longer meet his own financial obligations, the financial outlay can come quickly. Anyone who does not want a guarantee from anyone can also provide other security (real estate, life insurance, old-age provision).
The internet is full of advertisements with credit intermediaries who also broker loans in difficult cases. In the advertising foreign banks are advertised, which also give an instant loan despite bad credit rating. The only advantage of these loans is that the private credit information is excluded. However, a regulated and sufficiently high income must be demonstrable.
The income should be above the attachment exemption limit. That would be at a 5,000 euro loan for a single person 1,600 euros net income. A permanent employment relationship must also exist. Since a bad credit rating is not always accompanied by a negative private credit entry, Hartz IV recipients and the unemployed have a bad credit rating, which here the income is too low. With a guarantee or other collateral, the foreign banks might also get credit.
In order to determine the amount that may be available to repatriate the loan, banks will offset the expenses and revenues against each other.
Since an instant loan is usually settled via the postal service, there can be no immediate credit as the name implies. Although the documents are checked quickly, the loan approval is made quickly and the transfer of the loan amount to the specified account. But not all the same, up to four business days can go into the country until the borrower can dispose of the money.