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Gerald Hussen

Financial Review Corliss Group online magazine: Ways to reduce your vulnerability on ta... - 1 views

10 ways to reduce your vulnerability on tax-related identity theft Identity theft continues to be one of the major growing crimes in United States nowadays, and places a large burden on victims, b...

10 ways to reduce your vulnerability on tax-related identity theft Financial Review Corliss Group online magazine

started by Gerald Hussen on 04 May 15 no follow-up yet
Gerald Hussen

Corliss Online Financial Mag: Tips to become financially fit - 0 views

Following are few easy tips made by Corliss Online Financial Mag that will help you move forward toward financial security and make your dreams become reality.   Put aside time and energy to...

Corliss Online Financial Mag Tips to become financially fit

started by Gerald Hussen on 02 May 15 no follow-up yet
Sabina Dupras

Financial Blog Corliss Group: From Corporate Giants to Main Street, Fraud is on the Rise - 1 views

Investors, analysts and corporate directors rely on external audits to keep companies honest. But a new study says audits are woefully ineffective at uncovering fraud. In fact, more than twice as m...

Financial Blog Corliss Group From Corporate Giants to Main Street Fraud is on the Rise

started by Sabina Dupras on 27 May 14 no follow-up yet
Joseph Andersen

Financial Blog Corliss Group: Wall Street accountable after the crisis - 2 views

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    How the Government Botched Its Effort to Hold Wall Street Accountable After the Crisis

    The Department of Justice (DOJ) fell down on many of its efforts to hold Wall Street accountable for mortgage fraud after the crisis, according to a new audit from the U.S. Department of Justice Office of the Inspector General (OIG).

    The DOJ promised the public that it would place a priority on going after mortgage fraud. But the report finds that "DOJ did not uniformly ensure that mortgage fraud was prioritized at a level commensurate with its public statements." One telling example is that the Federal Bureau of Investigation (FBI) ranked mortgage fraud as the lowest threat in its lowest crime category. The OIG also visited FBI field offices in Baltimore, Los Angeles, Miami, and New York and found that either it was a low priority or not even listed as a priority. Meanwhile, the FBI got $196 million in funding to investigate mortgage fraud between 2009 and 2011, yet the number of agents doing the investigation decreased in the same time, as did the pending investigations.

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Gerald Hussen

Financial Blog Corliss Online Group: Barcelona have transfer budget of up to 60 million... - 1 views

BARCELONA (Reuters) - Barcelona will have up to 60 million euros to spend on new players in the close season, according to the man in charge of their economic affairs.( https://news.yahoo.com/barce...

Financial Blog Corliss Online Group: Barcelona have transfer budget of up to 60 million euros

started by Gerald Hussen on 14 Mar 14 no follow-up yet
Gerald Hussen

Corliss Group Online Financial Mag Hong Kong ZTE to launch new phones at Barcelona Mobi... - 1 views

Corliss Group Online Financial Mag Hong Kong ZTE to launch new phones at Barcelona Mobile World Congress Chinese mobile phone maker ZTE announced on Tuesday that it ...

Corliss Group Online Financial Mag Hong Kong ZTE to launch new phones at Barcelona Mobile World Congress

started by Gerald Hussen on 05 Mar 14 no follow-up yet
Gerald Hussen liked it
Leslie Cordovan

Subscription Newsletter Corliss Group Financial Magazine: Five tips for anyone wanting ... - 1 views

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    Flipping houses in the Temecula/Murrieta Valley and across the Inland Empire has been a lucrative venture for investors for many years. Many think it is a quick way to a fast buck. Many have tried and many have failed. Flipping houses is serious business and should not be taken lightly by the novice real estate investor. Before you begin down this path, prepare yourself. Here are five quick tips to help you understand what you're in for, before you actually start investing your money.

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Gerald Hussen

Corliss Online Group Financial magazine 8 Financial Planning Tips - 1 views

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    If you're like most Americans, you probably didn't make a new year's resolution to get started with long-term financial planning.

    A staggering 84 percent of respondents to a New Year's Resolution Survey from Allianz Life Insurance said that financial planning was not among their 2014 resolutions at all-the highest percentage ever to reveal that in the survey's history.

    What held them back? Well, 30 percent said they don't believe they make enough money to "worry" about financial planning. That's bizarre. Shouldn't having less money increase your need to manage what you have effectively?

    Regardless of your situation, I hope you'll engage in the planning process this year-and the sooner you get started, the better.
Eros Hawkins

The Corliss Online Group Financial Magazine Choosing the right financial advisor - 1 views

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    Savvy Senior: How to pick a financial advisor

    Savvy Senior

    How to Pick a Financial Advisor

    Dear Savvy Senior,

    Can you give me some tips on how to choose a good financial planner or advisor? My wife and I are five or six years away from retiring and could use some professional help to get us on track.

    * Seeking Advice

    Dear Seeking,

    With all the different financial advisers and services available today, choosing a trusted professional that can meet your needs can be a bit confusing. Here are some suggestions that can help.
Lynette Warner

The Corliss Online Group Financial Magazine: How to avoid financial ruin - 1 views

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    Consumers Can Avoid Financial Ruin, National Debt Relief Provide Tips On How To Do It

    National Debt Relief publishes an article on their website to reveal 8 tips that will help consumers avoid financial ruin.

    Philadelphia, PA ( PRWEB ) January 31, 2014

    National Debt Relief is intent on helping consumers avoid financial ruin. On January 28, the leading debt relief company published an article titled "8 Ways You Can Remove Financial Ruin From Your Future." This article discussed various tips that will save consumers from another financial crisis.
Beatriz Nikolai

The Corliss Online Group Financial Magazine: Financial Tips for Boomers Looking to Reti... - 1 views

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    The Corliss Online Group Financial Magazine: Financial Tips for Boomers Looking to Retire Abroad

    As baby boomers continue to redefine retirement, many are looking to settle abroad to launch the next chapter in their life.

    Whether you are seeking a warmer climate, better tax advantages or more adventure, financial planners say retiring to a foreign land can present a number of financial challenges.

    To help create a retirement guidebook for boomers looking to leave the country to live out their golden years, I spoke with Michael Ward, CEO of USForex - North America and Europe, who detailed how retirees can preserve their income and avoid losing money when living abroad.
Gerald Hussen

Britain's economy to become largest in Europe - and will grow even more if we leave EU - 0 views

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    The think tank Centre for Economics and Business Research (CEBR) predicts the UK economy will outstrip France and Germany within two decades even if Britain stays in the EU.

    But while leaving the organisation would have initial negative consequences, the CEBR's chief executive Douglas McWilliams suspects "that over a 15-year period, it would probably be positive."

    Britain is set to vote on a referendum on EU membership in 2017.

    The report predicts the UK's GDP will first move to fifth place ahead of France by 2018 before leapfrogging Germany around 2030.

    However, despite being forecast to be the second most successful of the Western economies after the US, it will fall behind the accelerating economies of India and Brazil.

    "Germany is forecast to lose its position as the largest Western European economy to the UK around 2030 because of the UK's faster population growth and lesser dependence on the other European economies," the report said.

    But added: "If the euro were to break up, Germany's outlook would be much better.

    "A Deutsche Mark-based Germany certainly would not be overtaken by the UK for many years if ever."

    It added that a factor driving the UK's move ahead of Germany is the assumption of a falling value for the euro, Germany's falling population and the UK's rising population.

    The gap between the two countries will fall from almost £610billion in 2013 to just £183billion in five years.

    The UK's GDP will grow from more than £1.59trillion in 2013 to £2.6trillion in 2028, compared to China which is predicted to be in top position with a GDP of more than £20.5trillion, ahead of the US with an estimated £19.7trillion

    Japan will fall from its steady position in the global league of third to fourth by 2028, overtaken by India and followed by Brazil, Germany and the UK.

    The positive report on the economy comes as a poll reveals more people believe they would be helped rather than harmed by a rise in interest rates.

    A survey reveals that a pre-
Gerald Hussen

Fed still has more help to offer the economy says Janet Yellen - 0 views

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    Janet Yellen said in prepared remarks to be delivered in a confirmation hearing on Thursday that the Federal Reserve helped restart the economy after the recession, but still there's more work to be done.

    "We have made good progress, but we have farther to go to regain the ground lost in the crisis and the recession," reads the statement.

    Yellen is at present serving as vice-chair on the Federal Reserve Board, she is nominated by President Obama to succeed Ben Bernanke as head of the central bank.

    Bernanke's second term ends January 31, and in spite of the protests from a few Tea Party members, Yellen is mostly anticipated to be long-established for the position before then. Ten in the morning Eastern, Thursday, her hearing before the Senate Banking Committee is scheduled.
Gerald Hussen

Ryanair cuts baggage and boarding pass fees in bid to improve customer service - 0 views

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    Ryanair has followed up its pledge to "not unnecessarily piss people off" by trimming some of its most excessive charges, this consists of baggage fees and penalties for not printing a boarding pass. The initial actual measures announced from the time when chief executive Michael O'Leary completed a Damascene change to better customer service will also comprise more tolerance of slight booking errors, less irritating announcements onboard and permitting passengers a second small piece of hand luggage with them on the plane. Ryanair said that, after extensive customer feedback on its website, it would introduce several improvements over the next six months.
Gerald Hussen

An Audited Financial Statement Can Help when Looking to Borrow - 0 views

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    According to the Biz2Credit Small Business Lending Index, more than one-half of all small-business loan applications are being rejected by banks. Companies in need of capital might find lenders more receptive in a hard-hitting lending environment if they invest in audited financial statements. "We've had clients who needed these statements to even get the loan, and it can make a difference in the interest rate you get," says David G. Barbeito, a principal in the Miami office of Morrison, Brown, Argiz & Farra, a large independent accounting firm.
Gerald Hussen

China money market rates soar to 4-month high - 1 views

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    October 30, Wednesday, China's money market rates pointed on to a four-month high, a day following the country's central bank instill funds into the market to relieve worries that it was preparing to considerably constrict credit situation.

    The seven-day report rate, observed as a key measure of confidence to lend in the interbank markets, rose to around 5.59 percent - up about 64 basis points from the prior day.

    Analysts said that the jump in rates was seasonal in nature and at this stage were not too concerned about a repeat of events in June when a surge in money market rates fueled fears of a credit crunch in the world's number two economy.

    They further mentioned that liquidity infused into the market this week had not been huge enough to shove overnight lending rates considerably lower. On Tuesday via an open market operation, the People's Bank of China (PBOC) infused 13 billion yuan ($2.13 billion) into money markets.

    "Liquidity remains tight and the repo operation yesterday was small," said Nizam Idris, managing director, head of strategy, fixed income and currencies atMacquarie Bank. "China is still in the process of fine-tuning rates."

    Chris Weston, chief market strategist at trading firm IG, added: "Month end is coming up and of course tax implications are being blamed for higher rates."

    No fear

    With the benchmark Shanghai Composite stock index up 0.75 percent in afternoon Asia trade, Chinese markets became visible to take the spike in money market rates in stride.

    Analysts put this down to assumptions that the PBOC would approach into the market with better injections of cash to alleviate any doubts that it was geting ready to constrict monetary conditions in a big way.

    On Tuesday and Thursday, the PBOC usually carry out reverse-repurchase operations, an opportunity for it to inject liquidity into Chinese money markets.

    "They [PBOC policymakers] will probably provide liquidity on Thursday - at this point they don't wa
Gerald Hussen

When to Hire a Bookkeeper or Accountant - 1 views

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    A serial entrepreneur Aaron Sylvan who lives in New York, contrasts the circumstances to requiring to hire both a carpenter and an architect when building a house.

    An accountant can analyze the big picture of your financial situation and offer strategic advice as he/she produces key financial documents, like profit-and-loss statement, if needed, and files a company's taxes.

    An accountant can also act as an outsourced chief financial officer, advising an entrepreneur on financial strategies, like whether to secure a line of credit against receivables when introducing new products after tax season is over

    On the contrary, a bookkeeper's jobs are the day-to-day hands-on tasks: making sure new employees file all the right paperwork for the company's payroll, submitting invoices (promptly) and following up on them, and paying the bills.

    The bookkeeper also tracks company expenses or company financial statements and can assure that every cost has been entered - and recorded correctly - into software like QuickBooks so that the business is ready for tax time along with filing any other reporting to, say, creditors or investors.

    "I don't keep receipts; they're a pain," says Sylvan, who runs Sylvan Social Technology, an ecommerce-services company. "Every month I get a bank statement with a gazillion transactions," such as taxi rides, meals, conferences and other expenses he has placed on his company's debit card.

    He said his bookkeeper spends a few hours a week sorting it all out. Consequently, Sylvan has a better idea about how his expenditures stack up in opposition to his budget. He is certain he won't bill clients wrongly or miss important payments.

    "Knowledge is power," even when it comes to the small details, Sylvan says. "If you don't have a bookkeeper, you're probably not being as strategic as you could be in how you spend your money."

    When to Bring in a Bookkeeper

    Sylvan has typically hired a bookkeeper for a few hour
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