#tax accounting firm in New York

[mostlysignssomeportents]

This day in history

On July 14, I'm giving the closing keynote for the fifteenth HACKERS ON PLANET EARTH, in QUEENS, NY. Happy Bastille Day! On July 20, I'm appearing in CHICAGO at Exile in Bookville.

#20yrsago ESC-key creator dies https://www.nytimes.com/2004/06/25/us/robert-w-bemer-84-pioneer-in-computer-programming.html

#20yrsago Orrin Hatch criminalizes the iPod https://web.archive.org/web/20040627001053/https://www.eff.org/IP/Apple_Complaint.php

#20yrsago Schneier: More police power = less security https://www.schneier.com/essays/archives/2004/06/unchecked_police_and.html

#20yrsago Ernest Miller savages Orrin Hatch’s grotesque new law https://corante.com/importance/the-obsessively-annotated-introduction-to-the-induce-act/

#20yrsago MP candidates on the “Canadian DMCA” https://web.archive.org/web/20040812131225/https://ddll.sdf1.net/archives/002667.html

#15yrsago How the Canadian copyright lobby uses fakes, fronts, and circular references to subvert the debate on copyright https://www.michaelgeist.ca/2009/06/copyright-policy-laundering/

#15yrsago Julian Comstock: Robert Charles Wilson’s masterful novel of a post-collapse feudal America: “If Jules Verne had read Karl Marx, then sat down to write The Decline and Fall of the Roman Empire“ https://memex.craphound.com/2009/06/24/julian-comstock-robert-charles-wilsons-masterful-novel-of-a-post-collapse-feudal-america-if-jules-verne-had-read-karl-marx-then-sat-down-to-write-the-decline-and-fall-of-the-roman-empire/

#15yrsago Health insurance versus health https://web.archive.org/web/20090709060418/http://voices.washingtonpost.com/ezra-klein/2009/06/the_truth_about_the_insurance.html

#15yrsago Guards are the worst prison-rapists https://web.archive.org/web/20090624183205/http://nprec.us/publication/report/executive_summary.php

#15yrsago Great Firewall of Australia to block video games unsuitable for people under 15 https://www.smh.com.au/technology/web-filters-to-censor-video-games-20090625-cxrx.html

#10yrsago Thomas Piketty’s Capital in the 21st Century https://memex.craphound.com/2014/06/24/thomas-pikettys-capital-in-the-21st-century/

#10yrsago How accounting forced transparency on the aristocracy and changed the world https://www.bostonglobe.com/ideas/2014/06/07/the-vanished-grandeur-accounting/3zcbRBoPDNIryWyNYNMvbO/story.html

#5yrsago America’s super-rich write to Democratic presidential hopefuls, demanding a wealth tax https://medium.com/@letterforawealthtax/an-open-letter-to-the-2020-presidential-candidates-its-time-to-tax-us-more-6eb3a548b2fe

#5yrsago You can’t recycle your way out of climate change https://www.vox.com/the-highlight/2019/5/28/18629833/climate-change-2019-green-new-deal

#5yrsago US election security: still a dumpster fire https://www.wired.com/story/election-security-2020/

#5yrsago “I Shouldn’t Have to Publish This in The New York Times”: my op-ed from the future https://www.nytimes.com/2019/06/24/opinion/future-free-speech-social-media-platforms.html

#5yrsago Bernie Sanders will use a tax on Wall Street speculators to wipe out $1.6 trillion in US student debt https://berniesanders.com/issues/free-college-cancel-debt/

#5yrsago Mandatory childbirth: how the anti-abortion crusade masks cruelty to women in the “sacralizing of fetuses” https://www.nytimes.com/2019/06/23/opinion/anti-abortion-history.html

#5yrsago The internet has become a “low-trust society” https://www.wired.com/story/internet-made-dupes-cynics-of-us-all/

#5yrsago “PM for a day”: dissident Tories plan to bring down the government the day after Boris Johnson becomes Prime Minister https://www.bbc.com/news/uk-politics-48742881

#5yrsago Report: UK “Ransomware consultants” Red Mosquito promise to unlock your data, but they’re just paying off the criminals (and charging you a markup!) https://www.propublica.org/article/sting-catches-another-ransomware-firm-red-mosquito-negotiating-with-hackers

#5yrsago Lessons from Microsoft’s antitrust adventure for today’s Big Tech giants https://web.archive.org/web/20190622131345/https://www.sfgate.com/business/article/Microsoft-s-missteps-offer-antitrust-lessons-for-14030092.php

Support me this summer on the Clarion Write-A-Thon and help raise money for the Clarion Science Fiction and Fantasy Writers' Workshop!

[vainimaginations]

The Benefits of Opening a Gold IRA Account

Why Open a Gold IRA Account

There are four different precious metals which are typically bought as an investment: silver palladium, gold and platinum. Silver is another sound investment however with a spot price of about $20 an ounce, a well off investor would need to purchase a few hundred pounds to accomplish an objective of 20% in their portfolio. The price of putting away that a lot silver would take a lot of the investor's retirement fund so while silver is very steady, it isn't extremely useful. Palladium is worth substantially more than silver yet its spot price vacillates fiercely and it routinely decreases by up to $25 an ounce in a solitary day. Platinum is more intriguing than gold yet it's less steady that palladium and in some learn more cases it's spot price can really dip under the spot price of gold. Subsequently, gold is the most pragmatic of the multitude of precious metals to turn over into a gold IRA account. There are a few benefits to opening a gold IRA and knowing them is fundamental for any savvy investor.

Safe and Easy Tax Relief

Congress passed the taxpayer relief act in 1997, allowing the consideration of the four precious metals into an IRA. A precious metals IRA is something like a self-direct IRA with the exception of the investment can comprise of gold, silver platinum and palladium. Not all gold is allowed as a precious metals IRA investment so knowing what gold is allowed is indispensable. Gold bullion and 24 Karat bars can be included into a precious metals IRA. In any case, these bars must have a validation trademark from one of two different specialists: the New York Commercial Exchange (NYMEX) or the Product Exchange Consolidation (COMEX).

A Variety of Options

The IRS likewise allows specific 24 and 22 Karat gold coins to be included into an IRA. The American Bird, Canadian Maple Leaf and the Australian Philharmonic are the gold coins generally ordinarily included into a precious metals IRA. The gold must likewise be put away at an IRS endorsed safe and a stockpiling expense will be charged. Likewise the gold IRA account, similar to all self-direct IRAs, should have an overseer, for example, a bank or business firm. The overseer will likewise charge an expense so it's ideal to look around and think about prices and administrations.

Assurance against Inflation

In the year 2008, thousands of individuals lost as long as they can remember's saving basically for the time being on the grounds that they had all or a large portion of their cash invested in paper. That implies they had no actual resources and their value was all invested in stocks and bonds. These resources are generally not upheld by gold and they are subject with the impacts of inflation. In any event, when the other precious metals declined somewhat in esteem after the 2008 monetary breakdown, gold really increased in esteem. Gold in a real sense is the gold norm and previously devastated nations, for example, China and India are purchasing each ounce of gold that they can get.

[thosearentcrimes]

In the 1970s and 80s there was a chain of electronics stores in the New York media market that became quite famous for its over-the-top commercials. They hadn't invented that style of ad (which, as far as I can tell, rose and fell with the independent or small chain retail market), consisting of a very excited "insane" guy with a catchphrase about prices (His Prices Are INSAAAAANE!), but they flooded the Tri-State area airwaves with it.

I'm not really talking about this company because of their advertising, except in the sense that I am familiar with this company because my father told me the story of the ads once, while mentioning that he got some suspiciously cheap but good electronics there. You see, Crazy Eddie, named after primary ringleader Eddie Antar, was also a criminal enterprise and a fraud. According to one of the participants, Sam E. "Sammy" Antar, whose detailed and presumably highly misleading account of the case is available on his amazingly-named website White Collar Fraud, it had always been engaging in fraudulent accounting.

From its humble beginnings as a private company, profits were skimmed and employees were paid under the table, allowing the Antar family to, ah, manage their tax obligations. My understanding is that neither of these practices is or was particularly uncommon in the world of brick-and-mortar retail.

Now, as Crazy Eddie expanded, it became less and less reasonable to engage in petty fraud at that scale. What they had to do next was stop committing tax fraud. Not only would that allow them to avoid getting caught doing tax fraud, by progressively skimming less of the profit they would be able to appear to achieve an impressive rate of growth. This was all in preparation for the smart bit of the scheme, going public.

This is how it works. Stocks trade speculatively at a significant multiple of earnings. This means that if you control and own most of a company, if you can dump your own money into your company and then sell a significant amount of your stock, you can still easily come out well ahead. Soon, the Antars were painstakingly laundering money they had sucked out of Crazy Eddie while it was privately held back into the company past the not particularly vigilant auditors in order to look good to the financial markets.

Eventually the scheme started falling apart socially and financially, and the company suffered a hostile takeover from a competitor who subsequently found that there was $40 million less inventory than advertised. Caveat Emptor, I guess. Eddie Antar tried to flee to Israel but was extradited, upon later getting out of prison he tried to start another electronics retailer called Crazy Eddie, which surprisingly didn't work. Sammy Antar turned state's evidence and is now a fed-lite.

Why am I saying all this, why am I pointing out this particular case? Well, obviously it's because I think there are a lot of modern-day Antars running around making a lot of money, and presumably a lot of their CFOs are also going to flip and reinvent themselves as forensic auditors once they get caught. I assume most startups are somewhat more legal than anything Crazy Eddie did, but many of the market principles remain the same. In fact, corporate lawyers have developed more and more ways to do the same things the Antars did legitimately.

It is ironic that stealing from their own company was worthwhile for the Antars so long as the company was a serious business for them, albeit one that they were operating in a criminal manner, while pumping money into their company was only the correct thing to do once they were divesting themselves of ownership. Obviously this is just how tax evasion and pump and dumps work, but I find it contrasts interestingly with the capitalist dogma that ownership makes for better stewards of the property, still used as the primary political argument for privatization even though capitalist firms are also run managerially.

Ultimately, my takeaway is that the Antars were basically your regular shady retail guys, until they spotted an opportunity to get in on the ground floor of Shareholder Value Maximization. My other takeaway is if you get something cheap because someone is fucking the shareholders, mind your own business probably.

[williamtimlencpa]

William Timlen CPA

Website: https://seaislenews.com/william-timlen-cpa-nyc-real-estate-market-trends-significant-developments-local-impact/ Address: New York, NY William Timlen CPA specializes in tax aspects for real estate clients and high-net-worth individuals. After graduating from Providence College in 1993, William Timlen CPA embarked on his career as a staff accountant at Lear & Pannepacker, CPAs. Subsequently, he founded his own firm, Timlen & Company, CPAs, where he excelled in tax planning for real estate companies. Later, as a tax principal at Friedman, LLP, William Timlen CPA managed a team and delivered exceptional services. Since joining EisnerAmper LLP in 2016 as a tax partner, William Timlen CPA has led a successful trajectory, serving major real estate companies in New York City, while expanding the expertise of the real estate group. #Accounting#Finance#William Timlen CPA LinkedIn: https://www.linkedin.com/in/william-timlen-98986b17

[whiskeyswifty]

How rich is Taylor? Is she just celebrity rich or is the amount of money she has abnormal even for a celebrity?

I mean insofar as net worth and all that, it’s impossible for me, or anyone including her, to give you an accurate number. But you can get an idea of what echelon she’s in by how she runs her life. For example how many homes she owns (4 officially, one being 3 separate apartments in a New York City building which I count as one but there you go right there) how often she redecorates them (she renovated her NYC main apartment significantly in recent years and has been restoring and renovating her new LA home), how she travels (by private planes that she owns, not charters), and other miscellaneous things that give you an idea of how much access we have to her. An example of the last parameter is how many vacation photos do we have of her in the past 5 or so years? If the answer is little to none, then she goes places that common people have little access too, meaning they’re places that cater to the super wealthy and protect their privacy. Or that they’re entire homes that are very far flung from common vacation spots, also very expensive to get to and typically only enjoyed by the super wealthy who can afford to rent villas and castles and private islands. Based off of the few things we have to go off of, the things listed above, she definitely operates in the circles of the extremely wealthy based on what she can afford to do. Owning a private plane vs. chartering one for example is the difference between the generally wealthy and the super rich .01%. Operating costs for a personal private jet can be around 1 million annually per jet depending on how often it’s used and the size of it. Fuel, pilot salaries, maintenance, etc. There was a time when she had two. So she’s not working with 10 million or even 50 million on average if she can afford that. She’s in the hundreds for sure. she also can afford to run her own company instead of hiring contract workers per tour or album cycle or going through her label. She’s footing the bill for that herself, meaning she’s responsible for salary, benefits, expenses, etc. and while it’s all tax deductible as operating costs for her own LLC or whatever it’s classified as, someone has to pay that upfront annually.

All this to say that given how she runs her life, what she’s able to afford to do, she is raking in what I’d estimate to be 250-500 million in income. The problem is it’s impossible to know, and again she doesn’t even know, numbers like that. For a number of reasons, but mainly 2 reasons that I can feel confident saying. One is she and I don’t know where her money is coming from. I can safely assume like all people in that tippy top percent, her income is diversified meaning it doesn’t just come from music. No not touring or merch, I mean she likely has large chunks of her money stowed away in investment portfolios with one of the big firms or perhaps a very exclusive one. The money generated by those investments probably accounts for 25% of her annual income, if not more. One of the secrets of how rich people stay rich and get richer is large sums of money beget more money via well managed investments. Passive income is what it’s typically referred to as and every single wealthy person at her level has a good chunk of their assets invested. You’re stupid not to. Why have your money sit there when it could be making you MORE money while it sits there. So because of that, and that she doesn’t manage it herself, she has no idea where some of her income comes from other than her investment portfolio. Number two is that neither she nor I know where it all goes, not exactly. The number one enemy for the super rich is taxes. There are a slew of ways to avoid paying the taxes they should pay on income, assets, and the like that essentially hide her money or make it untouchable via loopholes. A few I can speak to are things like off-shore accounts which are not illegal exactly but they’re shady and one of those “we’re gonna pretend we don’t see” things. Very wealthy people keep large sums of money in offshore accounts to keep their reported income low enough to lower their taxes. If she has any, she either knows about their existence and that’s all or doesn’t know at all which is better for her in case things go south. Accountants and money managers generally try to keep clients in the dark about things like that for mutual legal protection (if she doesn’t know she can’t blab about it and also won’t get in as much trouble if she’s audited). Another tactic for avoiding taxes is manipulating loopholes like the farm loophole. Many extremely wealthy people own working farms on paper because it gives them a huge agriculture tax cut. I can think of three extremely famous people you know that do. It’s one of many aspects of tax law money managers and accountants for that level of wealthy will know how to exploit to keep as much money in the pockets of their clients as possible. So given all of that, her actual numerical net worth is completely obscured, even from her, and it’s on purpose. If the public knew then the government would know and would tax or audit her accordingly and she doesn’t want that. Nobody will ever know, not her or her family or any media outlet that claims to know (they’re guessing). The only people who know are her accountants. But I can say with absolute certainty her level of wealth is abnormal. She’s beyond a celebrity at this point as far as the income she’s accumulating. She’s a full fledged business.

[beijingsoftgo]

Golf mk4

Cars that didn't cut the mustard: The modern-era motors on sale in the UK for the shortest time before being culled from showrooms.

Mecca Bingo owner Rank to get tax rebate of over £80m from HMRC in slot machine VAT refund saga.

New York-based private equity giant Apollo Global Management is mulling a buyout of Marks & Spencer.

Raising airport charges would force us to reconsider our presence at Heathrow, warns IAG boss.

MPs believe sale of Arm to Nvidia is unlikely to go through and would welcome its return to the stock market.

Bank of England Governor Andrew Bailey hits back at claims of being an 'unreliable boyfriend'.

BHP forges deal to sell its oil and gas to Woodside to create one of the world's largest independent energy producers.

Competition watchdog puts brakes on British Airways' owner's £450m acquisition of Spanish budget carrier Air Europa.

Company that uses data to monitor physical activity and encourage people to play more sport plans to list on the London market early next month.

BUSINESS CLOSE: Bulb Energy faces collapse Powell nominated for second term at Fed LV board defends Bain deal.

Interactive Investor launches friends and family plan: Existing customers pay extra £5 a month to gift free membership to up to five people.

Probe reveals new hybrid cars with higher levels of harmful emissions than diesels, as Dispatches discovers some public chargers out of service for years.

Can it pay to be a serial bank switcher? Here are five current accounts with the juiciest sign-up bonuses and how to take advantage of them all.

Bulb Energy with 1.7m customers becomes biggest gas and electricity firm yet to go into administration as Government agrees to prop it up.

Ferrari unveils stunning new Daytona SP3 supercar that's a £1.7million tribute to its racers that took revenge against Ford in 1967 - and all 599 are sold.

Cynergy Bank launches new best buy easy-access savings deal offering the highest rate for more than a year.

Bank network shrinks by 267 branches in three months: Could your local branch be next on the chopping block?.

Can I take 25% tax free cash from my £1m retirement savings, without touching my final salary pension? Steve Webb replies.

By the time production on the Mk4 ceased, Volkswagen had put 4.99 million units on the road.ġ997 Extremely high body quality levels, achieved by elements including laser weldingġ997 Navigation system with large color screen for the very first timeġ998 Introduction of the optionally available Electronic Stability ControlĢ002 First Golf with direct petrol injection engine (FSI)Ģ002 Debut of the Golf R32 as sporty, top-of-the-range modelĢ003 First dual clutch gearbox (DSG) in Golf R32Ģ003 Phase-out of the fourth generation after 4. It was the first Golf to face serious competition in the C-segment thanks to Ford and Opel launching the 1st-gen Focus and 2nd-gen Astra, respectively, in 1998. In the end, the Mk4 will go down as one of the most important generations ever. It preceded the Golf R32, which arrived the following year with a new VR6 engine, a top speed of 155 mph (250 km/h) and, for the first time in a Golf, a dual clutch DSG gearbox. In 2001, the 180 PS Edition 25 was launched to mark the GTI’s 25th anniversary. The GTI switched to a turbocharged 1.8-liter with 150 PS. While the German automaker didn’t build an actual Cabriolet version of the Mk4, carrying over the third-gen with a fourth-gen-like front end instead, the compact hatchback was available as a three-door, five-door and estate. Its platform was also used for the first-generation Seat Leon and Skoda Octavia, two models that allowed V-Dub to market the Golf Mk4 as a more upscale product, which was by no means a stretch since interior quality was on par with that of the Mk1 Audi A3. Like with its predecessors, there were multiple body styles to choose from, as well as derivatives such as the fourth-gen VW Jetta (Bora). In time, ESC became standard and direct injection gasoline engines (FSI) were made available.Īlso Read: VW Golf Countdown: 1991-1996 Mk3 Was Full Of Safety First But Not The Most Memorable Drive In 1999, it gained a 6-speed gearbox for the first time, but not before receiving a sat-nav system with a large color screen. It had features such as Electronic Stability Control (ESC) and brake assist and became the first Golf to utilize VW’s new 4MOTION all-wheel drive system. In fact, three years after its launch, it became Europe’s best selling car thanks to its high-quality interior and strong equipment levels. As we continue to count down to the launch of the new Golf Mk8, we arrive at the fourth-generation model, a car that signified Volkswagen trying to take the nameplate to a whole different level in terms of quality.ĭeveloped in the mid 1990s, the Golf Mk4 made its debut in 1997 and became an instant hit.

[lineaccountancyus]

Outsource Bookkeeping to India: NYC Compliance Made Easy

This article focuses on how firms may be able to obtain superior, cost-effective solutions that guarantee compliance with New York State requirements by outsourcing bookkeeping to India.

In today's fast-paced corporate environment, outsourcing has emerged as a key tactic for companies looking to streamline their processes and concentrate on expansion.

Managing bookkeeping in-house may be expensive, time-consuming, and burdensome for New York businesses, particularly when it comes to guaranteeing compliance with state regulations.

India provides a customized solution through bookkeeping outsourcing that not only satisfies regulatory standards but also saves time and money.

Let us begin with a few important queries.

Why Use an Indian Bookkeeping Service for NY Compliance?

The practice of outsourcing bookkeeping to India is becoming more and more popular among businesses in the US, especially those in New York.

Businesses can benefit from first-rate bookkeeping services at a significantly reduced cost because to India's highly skilled labour force and financial services expertise.

Businesses are free to focus on what matters most: growth and profitability because to the flexibility and scalability that can be outsourced.

Working with organizations that understand New York compliance also ensures that all local laws are obeyed without the requirement for internal process management.

What Can We Expect from This Article?

The advantages of outsourcing bookkeeping to India will be covered in-depth in this essay, along with the rationale that New York businesses find compelling.

We will examine topics like financial benefits, specialized compliance solutions, and selecting an outsourced partner.

Continue reading to find out how this tactic will make your business more successful while ensuring that you continue to abide by New York law.

Why Use India for Bookkeeping Outsourcing?

Outsourcing bookkeeping offers tailored solutions suitable for New York's complex regulatory environment, going beyond simple financial savings.

Businesses that choose to outsource bookkeeping to India can anticipate a host of benefits, such as flawless compliance, expert financial management, and access to a global talent pool, all while keeping operating costs under control.

Customized Approaches to NY Compliance

When outsourcing, compliance is a major concern, especially for businesses in New York.

NY compliance regulations are very complex, therefore it's critical to have a partner who understands these nuances.

Here are some advantages of outsourcing to India:

1. Knowledge of New York Tax Laws

India's bookkeeping companies offer specialized expertise in payroll and tax regulations in New York. Teams are instructed to ensure that the books adhere to state and municipal regulations.

When it comes to payroll or tax processing, outsourcing firms ensure that you stay in compliance, lowering the risk of fines or errors.

2. Skilled Full-Service Bookkeeping Services for Small Enterprises

By outsourcing full-service bookkeeping services to India, small businesses can benefit from having a dedicated team manage everything from regular operations to year-end tax preparation.

This personalized service ensures that all financial papers are accurate, timely, and compliant with New York State law.

Daily records of financial transactionsReconciliation and reporting every monthPayroll administration compliant with New York regulationscompliance with year-end tax filing

3. A flawless amalgamation with the American Accounting System

The majority of businesses that provide bookkeeping services in India are skilled users of popular American accounting software, such as Xero and QuickBooks.

Because of the assurance of perfect integration, openness and efficiency are maintained while data administration and sharing are made easy.

Now let's look at the cost-effective part and see how outsourcing bookkeeping to India may offer solutions that are both affordable and of the highest calibre.

High-quality and reasonably priced solutions

One of the main reasons companies choose to outsource bookkeeping to India is the cost benefit.

Outsourcing offers exceptional bookkeeping services at a significantly lower cost than hiring employees in-house, all without sacrificing quality.

1. Significant Operational Cost Savings

It could be expensive to hire and retain internal bookkeepers in New York. Outsourcing to India offers cost-effective solutions because it provides access to the greatest talent at a fraction of the expense. Businesses can save a lot of money on overhead, perks, and salaries by outsourcing.

2. Services that are Scalable and Affordable

Particularly startups and small businesses rely on cost minimization. Businesses that outsource bookkeeping to India might expand their services in response to market demand.

Small and growing businesses might benefit from the flexibility that comes with outsourced bookkeeping, as services can be easily adjusted as your firm expands.

Pay solely for the necessary services.Reasonable prices in contrast to employing local teamsSolutions that are scalable and expand with your company

3. Quick and Trusted Tax Filing Services for New Businesses

Indian bookkeeping companies offer prompt and reliable tax filing services in the U.S. for startups and businesses of all sizes.

Their expertise in U.S. tax laws ensures that you never overlook a filing deadline, helping you stay in compliance with all the requirements and stay out of trouble.

How to Select the Appropriate Outsourcing Affiliate

Because not all outsourcing firms are created equal, choosing the right partner is essential to success.

The following considerations should be examined when choosing an Indian bookkeeping company:

1. Verified Performance History

Seek out organizations that have a history of working with clients in the United States and that have experience offering small businesses full-service bookkeeping.

A strong portfolio demonstrates consistency and proficiency in handling various bookkeeping obligations.

2. Knowledge of New York State Law

Verify that the business is knowledgeable about all of the regulations unique to New York, such as those that deal with payroll and taxes. To ensure faultless operations, they ought to provide tailored services that align with New York State compliance.

3. Interaction and Time-Zone Coordination

Good communication is essential to outsourcing. Look for businesses that offer regular updates, easy access to your financial information, and the ability to solve problems or respond to inquiries quickly.

Additionally, some Indian businesses shift their working hours to align with US business hours, ensuring smooth collaboration.

4. Security and Technology

Choosing a business ensures data protection and leverages cutting edge technologies. Security should be prioritized due to the shared sensitive financial data.

Seek out companies with expertise in US accounting software.Verify the presence of robust security measures and data encryption.Make sure they understand cloud-based bookkeeping so you can easily retrieve your information.

Recall that outsourcing bookkeeping to India is a fantastic way to streamline your business, save costs, and ensure New York compliance.

Further examination of how outsourcing helps businesses expand without compromising complete financial transparency will be provided in the following section.

The Unspoken Advantages of Hiring a Bookkeeper

Beyond just financial management and compliance, outsourcing bookkeeping has additional benefits that enhance long-term business performance.

1. Pay attention to your core business operations

Businesses can focus on key initiatives and strategic development by delegating bookkeeping tasks to third parties.

Managers and business owners can devote more time to product development, customer support, and market expansion by outsourcing.

2. Entry to a Worldwide Talent Pool

Employing an Indian bookkeeper might give you access to a global network of qualified professionals. These experts offer innovative concepts and imaginative fixes, allowing your business to thrive in a constantly competitive landscape.

3. Increased Accessibility of Financial Data

Through comprehensive and transparent reporting, outsourced firms ensure that business owners have a clear understanding of their financial status. Having access to real-time data simplifies making smart business decisions.

Last Remarks

By outsourcing bookkeeping to India, businesses in New York can obtain affordable, customized solutions that ensure compliance with NY regulations while also boosting productivity.

For businesses looking to streamline operations and focus on growth, outsourcing offers scalable services, access to skilled professionals, and a strong emphasis on compliance.

Whether your business is small and needs full-service bookkeeping,

OR

Outsourcing offers the flexibility, experience, and cost-effectiveness that businesses need to succeed in today's competitive landscape. As the company grows, it need rapid and reliable tax filing services.

[nasirfaizicpa12]

Brooklyn Tax Preparers

"Brooklyn Tax Preparers" refers to professionals or firms located in Brooklyn, New York, who specialize in preparing and filing tax returns for individuals and businesses. These tax preparers help clients navigate the complexities of federal, state, and local tax laws, ensuring compliance and optimizing tax outcomes. Services provided may include income tax preparation, tax planning, bookkeeping, and representation during audits. Brooklyn Tax Preparers often possess certifications such as CPA (Certified Public Accountant), EA (Enrolled Agent), or other relevant qualifications.

[finalertnet]

[mostlysignssomeportents]

This day in history

Tomorrow (November 29), I'm at NYC's Strand Books with my novel The Lost Cause, a solarpunk tale of hope and danger that Rebecca Solnit called "completely delightful."

#15yrsago Peak Population: when will population growth stop, why, and how? https://www.alexsteffen.com/peak_population_and_sustainability

#15yrsago James Boyle’s “The Public Domain” — a brilliant copyfighter’s latest book, from a law prof who writes like a comedian https://memex.craphound.com/2008/11/29/james-boyles-the-public-domain-a-brilliant-copyfighters-latest-book-from-a-law-prof-who-writes-like-a-comedian/

#10yrsago NSA and Canadian spooks illegally spied on diplomats at Toronto G20 summit https://www.cbc.ca/news/politics/new-snowden-docs-show-u-s-spied-during-g20-in-toronto-1.2442448

#10yrsago New CC licenses: tighter, shorter, more readable, more global https://creativecommons.org/Version4/

#10yrsago Berlusconi kicked out of Italian senate https://www.theguardian.com/world/2013/nov/27/silvio-berlusconi-ousted-italian-parliament-tax-fraud-conviction

#5yrsago Sennheiser’s headphone drivers covertly changed your computer’s root of trust, leaving you vulnerable to undetectable attacks https://www.bleepingcomputer.com/news/security/sennheiser-headset-software-could-allow-man-in-the-middle-ssl-attacks/

#5yrsago New York City’s municipal debt collectors have forged an unholy alliance with sleazy subprime lenders https://www.bloomberg.com/confessions-of-judgment

#5yrsago Here’s how the Pentagon swindled Congress with $21 trillion worth of undocumented, untraceable, unaccounted for expenditures https://www.thenation.com/article/archive/pentagon-audit-budget-fraud/

#5yrsago The prosecutor who helped Jeffrey Epstein escape justice is now a Trump Cabinet member https://www.miamiherald.com/news/local/article220097825.html

#5yrsago Reddit takes a stand against the EU’s plan to break the internet https://www.redditinc.com/blog/the-eu-copyright-directive-what-redditors-in-europe-need-to-know/

#5yrsago The secret history of science fiction’s women writers: The Future is Female! https://memex.craphound.com/2018/11/29/the-secret-history-of-science-fictions-women-writers-the-future-is-female/

#5yrsago Redaction ineptitude reveals names of Proud Boys’ self-styled new leaders https://splinternews.com/proud-boys-failed-to-redact-their-new-dumb-bylaws-and-a-1830700905

#5yrsago Redaction ineptitude reveals Facebook’s 2012 plan to sell Graph API access to user data for $250,000 https://arstechnica.com/tech-policy/2018/11/facebook-pondered-for-a-time-selling-access-to-user-data/

#5yrsago Google engineer calls for a walkout over China censorship and raises $200K strike fund in hours https://twitter.com/lizthegrey/status/1068208484053856256

#5yrsago Correlates of Trump voting: searches for erectile dysfunction, hair loss, how to get girls, penis enlargement, penis size, steroids, testosterone and Viagra https://www.washingtonpost.com/news/monkey-cage/wp/2018/11/29/how-donald-trump-appeals-to-men-secretly-insecure-about-their-manhood/

#5yrsago Google’s secret project to build a censored Chinese search engine bypassed the company’s own security and privacy teams https://theintercept.com/2018/11/29/google-china-censored-search/

#5yrsago Mozilla pulls a popular paywall circumvention tool from Firefox add-ons store https://web.archive.org/web/20181130141509/https://github.com/iamadamdev/bypass-paywalls-firefox/issues/82

#1yrago The Big Four accounting firms are one (more) scandal away from collapse https://pluralistic.net/2022/11/29/great-andersens-ghost/#mene-mene-bezzle

[jon-purizhansky]

Hidden Costs of Migrant Labor in Israel

The ongoing practice of migrant workers paying third-party agents, often in the form of exorbitant fees, to secure employment in Israel remains an unresolved issue. Workers from countries such as Sri Lanka, India, and Uzbekistan routinely pay tens of thousands of dollars to brokers to obtain jobs in Israel. This not only violates human rights and raises tax concerns, but after the events of October 7th, it has become evident that these practices also pose a serious national security risk.

When the criteria for bringing foreign labor into Israel are based on financial transactions, rather than merit and proper vetting, dangerous vulnerabilities emerge. Terrorist organizations or enemy states can exploit these loopholes, planting human assets inside Israel by simply paying agents to get their operatives through the system under the guise of legitimate employment.

The solution to this problem lies in enforcing ethical recruitment practices, specifically by holding employers accountable. Employers must be made responsible for auditing their recruitment supply chains and ensuring that no workers they hire from abroad have paid fees to brokers. If a worker has paid any money to secure their job, the employer should be held criminally liable. This accountability will push employers to adopt transparent, ethical hiring practices that safeguard both the rights of migrant workers and Israel’s security.

A Centralized Solution for Ethical Recruitment

The only effective way to bring migrant workers into Israel in a transparent, compliant, and secure manner is through a centralized technology platform that enables workers from approved countries to apply directly for jobs posted by Israeli employers. This system eliminates payments to middlemen and ensures that all communications, interviews, and skill assessments are conducted directly between the employer and the prospective employee. Such a model would also prevent the exploitation of workers by brokers and significantly reduce security risks, as there would be full transparency in the hiring process.

This platform already exists: Joblio.co. Joblio is a global leader in ethical recruitment, offering a technology-powered solution that ensures workers are hired based on merit, without being exploited by middlemen or paying exorbitant fees. The platform enables direct communication between employers and workers, cutting out the brokers who currently profit from these arrangements and putting an end to exploitative practices.

The Experts Behind Joblio and Its Israeli Representation

Joblio is led by Jon Purizhansky, a New York lawyer and one of the world’s foremost experts on global labor migration. Purizhansky has built Joblio into a trusted and scalable solution for ethical recruitment, drawing on his deep understanding of global mobility and labor rights. Joblio is supported by an esteemed advisory board that includes industry leaders such as David Arkless, former President of ManpowerGroup, Dennis Vacco, former Attorney General of New York, and Lori Procher, a senior expert in corporate social responsibility.

In Israel, Joblio is represented by advocate Tsvi Kan-Tor, a leading Israeli expert on work-bound relocation, and his law firm Kan-Tor & Acco. Kan-Tor’s deep expertise in immigration and labor law makes him an ideal partner for Joblio’s mission to reform recruitment practices in Israel. With his guidance, Joblio is well-positioned to help Israel adopt ethical recruitment standards that protect both workers’ rights and national security.

A Call for Reform in Israel

Israel needs to adapt Joblio as the central platform for hiring foreign workers. By mandating a transparent recruitment process through Joblio, Israeli employers can ensure compliance with ethical labor practices while also addressing serious national security concerns. The government should take steps to legally require the use of such a platform, ensuring that foreign labor is brought into Israel safely, transparently, and in full accordance with both human rights and national security standards.

The time for action is now. By adopting  Joblio and enforcing accountability in the recruitment process, Israel can secure its labor market, protect migrant workers from exploitation, and safeguard the country from potential security threats.

Originally Posted: https://medium.com/jon-purizhansky/the-hidden-costs-of-migrant-labor-in-israel-why-ethical-recruitment-is-a-national-security-e46113693911

[nfaizicpa]

Accounting Firm in Brooklyn

Accounting Firm in Brooklyn refers to a professional service provider located in Brooklyn, New York, specializing in various accounting services. These firms offer a wide range of financial services, including bookkeeping, tax preparation, financial planning, auditing, payroll management, and consulting for businesses, individuals, and organizations. Accounting firms in Brooklyn are known for their deep understanding of local market dynamics and regulations, providing tailored advice and solutions to meet the unique needs of their clients in the area.

[hk0908765]

Trust Lawyers in Manhasset, NY: Your Partners in Asset Protection and Estate Planning

When it comes to estate planning, most people immediately think of drafting a will. While that is a crucial element, there are numerous other legal documents to consider. One of the most effective ways to protect your assets is by creating a trust. However, this process can be intricate, which is why consulting a trust lawyer in Manhasset, NY, could be beneficial.

At Marchese & Maynard, LLP, we recognize how overwhelming estate planning can be. With so many options available, it’s not always clear which path is best for you. Our law firm is here to guide you, whether you want to ensure a disabled loved one is cared for after your passing or protect your family from estate taxes. Contact us today for a free consultation.

Understanding Trusts

You might think of a trust as a special bank account set up for wealthy individuals, but in reality, it's a legal document that appoints a trustee to manage and distribute assets to a beneficiary. The person who creates the trust, known as the grantor, typically makes their assets available to the beneficiary.

There are various types of trusts, each serving different purposes. Trusts are often used alongside other estate planning tools, such as wills, powers of attorney, and advanced care directives. While the trustee manages the trust's assets, the grantor sets the rules for how those assets are handled. A trust attorney in Manhasset, NY, can help you navigate this process.

The Benefits of Including a Trust in Your Estate Plan

Many people establish trusts to prevent certain assets from going through probate. A trust allows you to designate specific purposes for assets without needing an executor or administrator to distribute them. However, other methods, like naming beneficiaries on bank accounts, can also bypass probate. Creating a trust offers several additional benefits, including:

Protection from creditors

Accumulation of interest, providing ongoing income

Reduction of estate taxes

Maintenance of eligibility for government programs like Medicaid

Protection of specific types of assets

Simplification of inheritance issues, particularly in blended families

Control over when and how assets are distributed to heirs

Trusts offer capabilities that wills cannot, such as remaining private and effective even if you're incapacitated. The benefits you receive from a trust depend on the type you create. Consulting with a trust lawyer in Manhasset, NY, can help you determine the most suitable approach.

Types of Trusts Available in New York

Meeting with a legal professional at Marchese & Maynard, LLP, can help clarify which type of trust is best for your needs. While not every trust will suit your situation, one or more of the following options may align with your estate planning goals:

Revocable Trusts: These trusts allow for the distribution of assets upon the grantor's death. Until then, the trust can be altered or revoked.

Irrevocable Trusts: Once established, these trusts cannot be changed or revoked, offering additional tax benefits.

Special Needs Trusts: These provide for the ongoing care of a disabled loved one without affecting their eligibility for government benefits.

Irrevocable Life Insurance Trusts: This type of trust keeps a life insurance policy out of a taxable estate.

Charitable Trusts: This option allows you to donate to organizations while earning income during your lifetime.

Medicaid Asset Protection Trusts: These enable you to qualify for Medicaid benefits while safeguarding your assets.

There are other, less common types of trusts, and the best way to find out which one is right for you is to consult with a trusts lawyer in Manhasset, NY. At Marchese & Maynard, LLP, we've created every type of trust imaginable. Our extensive experience allows us to guide you through the complexities of your options and recommend the best solution for your situation. Let our legal team assist you today.

[williamtimlencpa13]

William Timlen CPA

Website: https://www.journalismonline.com/real-estate/

Address: New York, NY

William Timlen CPA specializes in tax aspects for real estate clients and high-net-worth individuals. After graduating from Providence College in 1993, William Timlen CPA embarked on his career as a staff accountant at Lear & Pannepacker, CPAs. Subsequently, he founded his own firm, Timlen & Company, CPAs, where he excelled in tax planning for real estate companies. Later, as a tax principal at Friedman, LLP, William Timlen CPA managed a team and delivered exceptional services. Since joining EisnerAmper LLP in 2016 as a tax partner, William Timlen CPA has led a successful trajectory, serving major real estate companies in New York City, while expanding the expertise of the real estate group.

LinkedIn: https://www.linkedin.com/in/william-timlen-98986b17