Thursday, January 30, 2020

Swiss Ski Resort Accepts Bitcoin For Taxes | PYMNTS.com

Zermatt, a ski resort town of 5,400 residents in Switzerland, has decreed that cryptocurrency bitcoin can now be utilized to pay taxes and other government services, Bloomberg reported.

Mayor Romy Biner-Hauser confirmed that her residents can now pay for an array of traditional government services using bitcoin. Broker Bitcoin Suisse will accept the payments through a tablet computer that converts the popular digital currency into francs, then transfers the funds to the municipal government.

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Publisher: PYMNTS.com
Date: 2020-01-30T08:32:08Z
Twitter: @pymnts
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Quite a lot has been going on:

Apple investors are cheering a record quarter why tax collectors might be too - MarketWatch

While Apple AAPL +2.09% investors and analysts are applauding the tech giant's record quarterly results , tax collectors are likely feeling good about the news too.

A family of four paying $1,200 a year for four wireless lines paid an estimated $260 on taxes, fees and surcharges on their devices last year, according to an analysis in 2019 from the Tax Foundation, a right-leaning think tank.

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This could be the best tax decision you make all year

Now that tax season is officially underway, millions of working Americans will soon start gathering paperwork and reading up on ways to shield their income from the IRS. And there are plenty of valuable tax credits and deductions that can help you accomplish the latter. But if your goal is to save money on taxes, perhaps the single best way to get there is to make the one move that will also set you up for a financially secure future: contribute to a traditional retirement savings plan.

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A sleeper of a tax increase - POLITICO

— Democrats campaigning on income inequality issues are talking more about a tax break that generally flies below the radar.

* * *

— Another set of talks is opening on altering worldwide taxes in the increasingly digital global economy.

WELCOME TO WEDNESDAY from Morning Tax, with me standing in today as your usual host takes a midweek hiatus. Check in with some tips and info for all of us.

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Publisher: POLITICO
Twitter: @politico
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This may worth something:

Key changes to keep in mind while filing your 2019 taxes | KOMO

Publisher: KOMO
Date: 2020-01-27T19:44:44 00:00
Author: Connie Thompson KOMO News
Twitter: @komonews
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Filing taxes sooner helps prevent identity theft - WXOW

LA CROSSE, Wis. (WXOW) - Filing taxes earlier rather than later can help prevent identity theft, and there are local options for those who cannot afford a handler fee.

Filing one's tax returns with the IRS eliminates the option of someone else attempting to use that same number as a fraudulent social security number.

"The earlier you file, [then] nobody will have a chance to use your social security number," H&R Block Master Tax Preparer Tammy Pedersen Marker said. "So if you get yours in early, then no one can do it, so you won't probably have identity theft."

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Publisher: WXOW
Date: 2020-01-29T23:44:51 00:00
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Other voices: Lesson from California: Roll back marijuana taxes to save legal market – Twin

California’s legal marijuana industry has been a bust, falling far short of the sales projected when voters legalized it in 2016.

Unfortunately, high taxes, a slow-moving permitting process and local government resistance has stifled the ability of the legal market to better get off the ground.

Estimates from Arcview Market Research and BDS Analytics suggest that black market sales of marijuana continue to make up the vast majority of marijuana sales in the state. Surveys of consumers have suggested that one factor keeping marijuana consumers away is the high rate of taxes.

Publisher: Twin Cities
Date: 2020-01-30T06:57:11 00:00
Twitter: @pioneerpress
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Warren, Sanders wealth taxes could double US trade deficit, study finds

Wealth-tax proposals championed by Democratic presidential candidates Elizabeth Warren and Bernie Sanders could significantly increase the trade deficit over the next decade, according to a paper published this week.

The Tax Foundation, a conservative think tank based in Washington, D.C., estimated that the average trade deficit from 2020 to 2029 would more than double under both progressive candidates' proposals. The deficit would increase from the Congressional Budget Office's estimate of 3.10 percent to 6.94 percent under Warren's proposal and 7.53 percent under Sanders'.

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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Wednesday, January 29, 2020

CFOs No Longer Need Accounting Background | PYMNTS.com

Having an accounting background is no longer a must for a company's chief financial officer (CFO), according to a report by The Wall Street Journal .

For example, when directors of Hannon Armstrong Sustainable Infrastructure Capital were looking for someone to fill the role, they were more worried about hiring someone who had experience with raising debt and equity, and they didn't care if the person was a former accountant.

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Publisher: PYMNTS.com
Date: 2020-01-29T23:33:23Z
Twitter: @pymnts
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Orange County Great Park auditor surrenders accounting license after legal battle with state

An Irvine firm that conducted two audits of the Orange County Great Park surrendered its accounting license on Monday after the California Board of Accountancy said it "failed to comply with professional standards, engaged in numerous acts of negligence, and disseminated false and misleadingly information."

The state agency had filed a complaint in January 2018 — later updating it in March 2019 — against Hagen, Streiff, Newton & Oshiro (HSNO). In addition to the license forfeiture, the firm agreed to pay a $150,000 penalty and a reimbursement of $400,000 to the state accountancy board.

Publisher: Daily Pilot
Date: 2020-01-29T23:02:12.686
Twitter: @TheDailyPilot
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Gilded offers first open finance platform built on a blockchain | Accounting Today

Gilded has released a first-of-its-kind open finance platform built on a blockchain. The platform offers accounting, payments and invoicing functionality.

Gilded takes care of everything from invoicing and payments, to accounting and tax reporting for cryptocurrency. The system offers non-custodial verification of crypto payments and support for Coinbase, a crypto exchange platform. Of course, in the current environment, businesses still need to operate in the traditional financial world — consequently, Gilded also offers conventional payment options like credit cards via an integration with Stripe.

Publisher: Accounting Today
Date: 2020-01-29T21:03:42.446
Author: https www accountingtoday com author ranica arrowsmith
Twitter: @AccountingToday
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Why You Don't Need to Be an Accountant to Be a CFO - WSJ

Directors of Hannon Armstrong Sustainable Infrastructure Capital Inc. congregated in the boardroom in late 2018. On the agenda: the ideal résumé of their next finance chief.

They wanted to fill the impending vacancy with someone who had expertise in raising debt and equity—a priority for the Annapolis, Md.-based investment firm.

The board also decided they could do without one particular qualification. Having appointed a chief accounting officer in 2017, they didn't care if the new chief financial officer had an accounting background.

Publisher: WSJ
Date: 2020-01-29T10:30:00.000Z
Author: Mark Maurer
Twitter: @WSJ
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And here's another article:

NAFS/Voycare Engages Accounting Firm to Begin Consolidation of Books

COVINA, CA / ACCESSWIRE / January 29, 2020 / North America Frac Sand Inc. (OTC PINK:NAFS) ("NAFS" or the "Company"), also known as Voycare, a medical tourism service provider in California is excited to announce the Company has engaged with its accounting firm of record to move forward with the consolidation of its books in order to bring the Company's accounting current.

"One of the major responsibilities we have to our shareholders to is to make sure our financials are current and for them to have access to the latest numbers in order to make more informed decisions about investing in our company," said Hong Chen, CEO of Voycare. "Nothing gives our shareholders more investor confidence than full transparency in the numbers and we are working diligently to provide just that."

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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Former Great Park Auditor Surrenders Accounting License | Voice of OC

The firm responsible for conducting two controversial Great Park audits surrendered its accounting license Monday after settling a complaint with the California Board of Accountancy.

Hagen, Streiff, Newton & Oshiro (HSNO) allegedly didn't follow accounting standards, misled the Irvine City Council and lied about cooperation by Great Park contractors in two separate audits, according to the March 2019 complaint filed by Patti Bowers, executive officer of the California Board of Accountancy .

Publisher: Voice of OC
Date: 2020-01-28T07:06:43 00:00
Twitter: @voiceofoc
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Danske's EY auditors face disciplinary action for failures | Accounting Today

Danske's auditors have come under fire for failing to pick up signs of possible money laundering at Copenhagen-based Danske. Last year the Business Authority reported to police the local operations of Ernst & Young, which was the external auditor on Danske's 2014 financial report.

"We have always and continue to maintain that our audit was robust and undertaken in accordance with the relevant regulations and practices," Bender said. "We will vigorously defend any allegations made against EY Denmark at the Disciplinary Tribunal for Auditors."

Publisher: Accounting Today
Date: 2020-01-29T17:50:31.691
Author: https www accountingtoday com author bloomberg news
Twitter: @AccountingToday
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TJS Deemer Dana acquires Vertisys | Accounting Today

TJS Deemer Dana, a Georgia-based accounting firm, is expanding into the technology industry by acquiring Vertisys, an IT services firm in the Atlanta suburb of Marietta.

The deal will enable TJSDD to help its clients with not only their accounting and financial needs, but also with technology, cybersecurity and productivity issues. Financial terms were not disclosed. Vertisys will continue to operate under its name as a subsidiary of the firm and will remain at its current offices in Marietta.

Publisher: Accounting Today
Date: 2020-01-28T21:32:53.617
Author: https www accountingtoday com author michael cohn
Twitter: @AccountingToday
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How to Make Your Family Business More Professional

Most family businesses “become more professional” by the third generation, but skilled, solid employees may decide that they’d rather work somewhere that’s more structured, fair, and professional in the meantime. How can the business keep the benefits of a family operation while accelerating the professionalization that will be attractive to both family and non-family members?

Make it meaningful to work at your company. When the family's vision, values, and goals are well communicated  and accompanied by a clear operating or business philosophy, employees feel they understand why they're there and where they fit in the grand scheme.

Publisher: Harvard Business Review
Date: 2020-01-29T13:05:30Z
Twitter: @harvardbiz
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Check out this next:

AT&T's Fourth-Quarter Results Dragged Down by TV Business - WSJ

AT&T Inc.'s pay-television business continued to hemorrhage customers, adding to pressure as the company readies its own entrant into the increasingly crowded video streaming market.

Publisher: WSJ
Date: 2020-01-29T16:44:00.000Z
Author: Drew FitzGerald
Twitter: @WSJ
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Fostering business growth in Roxbury - The Bay State Banner

Monday afternoon, five entrepreneurs and bank officials were typing away on laptop computers at tables, desks and benches at the new Reevx Labs coworking space on Washington Street near the Dudley Station bus terminal.

Behind a glass wall, another group was in a meeting, while a woman worked in one of two phonebooth-sized workstations that provide a quiet place for a private call.

Shared workspaces aren't new, but they are for Berkshire Bank, the Boston-based bank with branches across Massachusetts, in Connecticut, Vermont, Pennsylvania, New York, New Jersey and Rhode Island.

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Publisher: The Bay State Banner
Date: 2020-01-29T16:15:30 00:00
Twitter: @BayStateBanner
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How big is New York's wine business? Inside the numbers - newyorkupstate.com

The growing of grapes, and the manufacturing and selling of wine is a $6 billion business in New York, a new economic impact report found. Photos from Hosmer Winery on Cayuga Lake, October 2019. (Don Cazentre).

The wine industry in New York state -- from grape growing to bottle sales -- generates an annual economic impact of $6.65 billion, according to a new report.

* * *

The wine and grape business created almost 80,000 jobs, with wages totaling $2.79 billion, according to the analysis commissioned by the New York Wine & Grape Foundation. It was conducted by John Dunham & Associates of New York City. The number of wineries in New York state grew to 470 in 2019.

Publisher: newyorkupstate
Date: 2020-01-29T17:23:03.893Z
Author: https www facebook com don cazentre
Twitter: @newyorkupstate
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And here's another article:

Want To Launch A Business While Still In School?

The history of entrepreneurship is filled with student startups, but they're not as easy to run as many people think. Launching a business while going to high school classes and playing varsity basketball like Eli Zied, 17, or studying accounting like his brother Spencer, a junior at the University of Miami, can require an air-traffic controller's mindset to pull it off. 

The name Habits 365 springs from the brand's mission to encourage positive habits. The founders aim to encourage wearers to stick with the daily activities that will help them reach their goals.

Publisher: Forbes
Date: 2020-01-29
Author: Elaine Pofeldt
Twitter: @forbes
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Xilinx cuts 300 jobs as San Jose chipmaker sees weak 5G business

Xilinx shares plunged more than 10% Wednesday after the San Jose-based semiconductor company said it will cut about 300 jobs following a disappointing quarterly earnings report.

Xilinx said it will cut 7% of its staff as it deals with what Chief Executive Victor Peng called “greater than expected weakness in our wired and wireless business” due to slowing sales of chips used in 5G wireless infrastructure deployments. Xilinx announced the job cuts late Tuesday at the same time it delivered fiscal third-quarter results that fell short of expectations.

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Publisher: The Mercury News
Date: 2020-01-29T17:48:32 00:00
Twitter: @mercnews
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Craven County business honored for volunteer, sponsor efforts

Craven County, NC (WITN) - A business in Craven County has been honored for helping the community recover from Hurricane Florence.

Coastal Boat Lift Repair was named "Small Business Member of the Year" by the New Bern Area Chamber of Commerce.

The company spent the beginning of 2019 helping current and new customers fix their boat lifts from the storm.

Later in the year, the company sponsored different events throughout the community, including the Trent River Raft Race. For the race, they lent the city a floating dock while public docks were under hurricane repair.

Date: 9CD4A96D8A076527F07FD24CFCDE5489
Author: WITN
Twitter: @WITN
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Warren Buffett just got out of the newspaper business - CNN

Publisher: CNN
Date: 2020-01-29T19:13:06Z
Author: Daniela Sirtori Cortina CNN Business
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The 5 Worst Things To Do With Your Money

You may want a big house, but don't buy based on emotion. A house is a place to build memories, not an asset that will automatically appreciate in value. Maybe it will; maybe it won't. If you find your dream home, make sure you can afford the mortgage payments. Separate the beauty from the cost of the house - they are two different things. One is for you to enjoy; the other you need to pay for.

* * *

Simply put, if you decide to invest your money, remember this: only invest in things you understand. Don't invest in a "hot stock" because you read about it online or saw it on TV. Understand what you are buying and assess the underlying risks. Don't take someone else's recommendation. Do your own independent research. Warren Buffett invests in stocks and business models that he understands. This doesn't mean you can't learn about a new industry or business. Just spend the necessary time to

Publisher: Forbes
Date: 2020-01-29
Author: Zack Friedman
Twitter: @forbes
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In case you are keeping track:

One options trader bets big money on Tesla's stock cracking $800

Tesla is absolutely speeding into Wednesday afternoon's earnings report. The electric automaker's share price has more than doubled since the company's last report in October, climbing 124% during that time.

Whether Tesla's next earnings announcement can kick-start the next leg higher for the stock remains to be seen, but whatever happens, we're likely to see the stock move quite a bit over the next few days, according to Michael Khouw, president of Optimize Advisors.

Publisher: CNBC
Date: 2020-01-29T16:19:36 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Learning from retirees' top money regrets | News, Sports, Jobs - Daily Press

Metro photo Money woes can strike at any age, but seniors entering retirement have financial needs that can only be met with thorough planning before retirement hits.

Now we’ll cover the money moves retirees wish they hadn’t made. The big ones, of course, are starting to save too late and not saving enough, but there are other common regrets, according to certified financial planners from the Financial Planning Association and the Alliance of Comprehensive Planners.

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7 Ways My Kids Have Cost Me More Money Than Expected

It's no secret that raising children costs money. The typical middle-income family will spend a whopping $233,610 to bring up a child, not including paying for college.

I always knew that having kids of my own would put a huge strain on my budget. But through the years, I've been downright shocked to see just how expensive some of the costs associated with them have been. Here are a few in particular that have caught me off-guard. Repeatedly.

* * *

I had twin daughters three years after having my son and I transitioned back into freelance work so I could do my job from home. Frankly, the cost of full-time daycare for three children would've virtually wiped out my salary, and it wasn't worth it.

Publisher: The Ascent
Date: 2020-01-29T06:00:00-05:00
Twitter: @TheAscentMoney
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And here's another article:

5 money mistakes I made in my 20s that still haunt me - Business Insider

Years from now, when I'm looking back on my 20s, I expect I'll wrap up everything that happened and file it under a section of my brain called "learning experience." It was a stretch of 10 years when I had more mistakes on my record than accomplishments. 

I graduated college with a major (poetry) that had no logical next step, I moved back home to my parents' house and stayed far too long, I blew my savings on moving to New York City for a job that paid minimum wage, and I never got comfortable with the word "budget ." 

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Publisher: Business Insider
Date: 2020-01-28
Author: Jen Glantz
Twitter: @BI_Strategy
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What to Do When a Friend Owes You Money and Is Avoiding You - VICE

If someone has owed you money for two months, it's easy to get very worked up about what a bad friend they are. But so often, the person has just forgotten about the situation entirely, and would be mortified to know you were stressed about bringing it up to them.

So give them the benefit of the doubt and approach them with an open, neutral tone. If the socially acceptable padding of a few days has gone by when you make this ask, giving them a firm deadline a few days out is a nice thing to do. So you could say, "Hey, I'm not sure if you saw my Venmo request from Monday for the Airbnb, but would you mind accepting that?"

Publisher: Vice
Date: 2020-01-29T12:00:00Z
Author: Rachel Miller
Twitter: @vice
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90% of Americans Stress About Money, According to Study Results

The majority (90%) of Americans say that financial considerations have an impact on their stress levels, according to a study from Thriving Wallet , a new partnership between Thrive Global and Discover.

The goal of Thriving Wallet, which launched today, is to: "Reframe our relationship with money so that we can reduce financial stress and achieve positive behavior changes," Arianna Huffington, founder and CEO of Thrive Global, tells CNBC Select.

Publisher: CNBC
Date: 2020-01-29T15:24:10 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Is Social Security Really Running Out of Money?

Now let's get back to Social Security's trust funds. Right now, those funds can be tapped to bridge the gap between what Social Security owes in benefits and the revenue it takes in. But many fear that once those funds are exhausted, benefits will no longer be payable.

Thankfully though, that's not true, and the reason is this: Social Security gets the bulk of its revenue from payroll taxes. Currently, wages of up to $137,700 are subject to a 12.4% Social Security tax. The tax is split evenly between employees and employers, though self-employed workers pay the whole thing. As such, Social Security is not at risk of running out of money, because as long as we have a workforce and continue taxing wages, the program will have revenue coming in.'

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Hess Announces 2020 E&P Capital and Exploratory Budget | Business Wire

Net production is forecast to average between 330,000 and 335,000 barrels of oil equivalent per day in 2020, excluding Libya. Bakken net production is forecast to average approximately 180,000 barrels of oil equivalent per day in 2020.

"We continue to successfully execute our long term strategy, with the majority of our capital budget directed to Guyana and the Bakken -- two of the highest return investment opportunities in our industry that will become significant, long term cash generators for our company," CEO John Hess said.

Date: 2020-01-28
Twitter: @businesswire
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Other things to check out:

Subscribe to read | Financial Times
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Twitter: @FinancialTimes
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Hess Capex Budget Puts Priority on Bakken, South America | 2020-01-28 | Natural Gas Intelligence

Hess Corp. is once again directing the lion’s share, more than 80%, of its planned $3 billion capital expenditure (capex) budget for 2020 to high-return investments in the Bakken Shale and offshore Guyana.

About 75% of its $2.9 million capex budget in 2019 went to Guyana and the Bakken, which is considered by senior executives to be one of the New York-based producer’s “growth engines.” Management is designating $1.375 billion to fund a six-rig program in the play that is expected to result in net production growing to around 200,000 boe/d by the end of 2020.

Author: Leticia Gonzales
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How Market Research Can Help You Allocate Your 2020 Marketing Budget | CustomerThink

Courtesy of Shutterstock Chief marketing officers (CMOs) often walk a fine line when it comes to media allocation. They are tasked with managing multiple internal stakeholders with different desired outcomes – that's no small feat! Distribution wants marketing efforts to broaden awareness to help secure shelf space. The chief financial officer (CFO) wants to see a sales boost and solid return on investment (ROI).

Market research can help
In order to balance all of the wants from stakeholders, CMOs will have to show why they are making certain marketing budget decisions. Data and insights can be a valuable tool when developing a marketing budget. In fact, 83 percent of marketers intend to increase the role of analytics in marketing over the next 12 months. So, what types of market research can provide clarity on where to spend your marketing budget? Here are a few to consider:

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In case you are keeping track:

Budget Direct Insurance wins Feefo Platinum Trusted Service Award 2020

SINGAPORE , Jan. 29, 2020 /PRNewswire/ -- Budget Direct Insurance   has received the Feefo Platinum Trusted Service award, an independent seal of excellence that recognises businesses for delivering exceptional experiences, as rated by real customers.

Created by Feefo, this Platinum  Trusted Service award is conferred only to businesses that use Feefo to collect genuine reviews and insights. Businesses meeting the high standard, based on the number of reviews they have collected and their average rating, receive the award. A highly-valued badge of approval, this accreditation remains unique, as it is based purely on the interactions with real customers.

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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Influencer Marketing on a Tight Budget: Incentives to Offer Beyond a Big Payout | Social Media

Many organizations want to work with influencers to gain attention and drive results, but few have the budget to make it happen.

When working with a non-existent or limited budget, you need to identify what your company can uniquely offer to influencers instead of always paying for their support. The goal here isn't to take advantage of influencers, as I'm a big proponent of reasonably paying them for the value they're able to provide. Instead, my advice is to find a mix of approaches for incentivizing influencers so that these partnerships don't require a budget, or are less costly.

Publisher: Social Media Today
Date: 2020-01-28
Author: Brian Honigman
Twitter: @socialmedia2day
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BJP bats for a Swadeshi Budget - The Hindu BusinessLine

Setting up renewable energy projects on wasteland conserves farm land and forests, thus protecting the ...

The new compact sedan has a genetic advantage. To boost its chances the Aura also tries hard to please back ...

From March 16, cards can be enabled or disabled for different kinds of transactions based on usage pattern ...

* * *

A diversified presence across geographies and the Centre's push for infrastructure spending augur well for the ...

Publisher: @businessline
Date: 2020-01-29T16:38:43 05:30
Author: Poornima Joshi
Twitter: @businessline
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Budget stocks: FPIs position themselves in these 20 stocks ahead of Budget 2020 - The Economic

Publisher: The Economic Times
Date: 2020-01-29T11:30:00.000Z
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Tuesday, January 28, 2020

Governor Wolf proposes to increase minimum wage, extend overtime pay eligibility | WHP

Publisher: WHP
Date: 2020-01-28T17:43:34 00:00
Author: CBS21 News
Twitter: @cbs21news
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Were you following this:

Chuy's to pay more than $100,000 in back wages for violating minimum wage, overtime requirements

TUCSON, Ariz. (KOLD News 13) - A news release from the U.S. Department of Labor says an investigation into Chuy's Mesquite Broiler by the Wage and Hour Division determined the restaurant must pay $114,964 in back wages and damages to 55 employees and $20,372 in civil penalties for violating minimum wage and overtime requirements of the Fair Labor Standards Act.

WHD investigators found the employer failed to pay some employees for all the time that they worked. The employer violated FLSA provisions when the wages they paid failed to meet the federal minimum wage of $7.25 per hour for all the hours they worked. Overtime violations resulted from the employer's practice of paying employees for only their first 40 hours each workweek by payroll check, paying for any overtime hours either in cash, or in a separate check, at straight-time rates.

Publisher: https://www.kold.com
Date: 2020-01-28T19:52:31.984Z
Twitter: @KOLDNews
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Skook News: Governor Wolf Renews Push for Minimum Wage Increase; New Overtime Pay Rules

Twitter: @skooknews
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Wolf proposes minimum wage increase for sixth time | News | meadvilletribune.com

Gov. Tom Wolf joined legislators and workers to renew his call to raise Pennsylvania's minimum wage to $12 an hour with a pathway to $15. Later this week, Wolf's plan to extend overtime pay eligibility to 82,000 more workers will be considered by the state's rule-making board.

The governor's proposal would give a direct wage increase to 1 million workers, provide better financial stability for women, rural and tipped workers, enable thousands of people to work their way off public assistance and grow the economy for everyone.

Publisher: Meadville Tribune
Twitter: @Meadville_Trib
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Not to change the topic here:

Colorado's Sweeping New Overtime and Minimum Pay Provisions Take Effect March 16 | Ballard Spahr

The Colorado Department of Labor and Employment (CDLE) has adopted finalized new standards for overtime, minimum pay, and employee breaks. The changes affect most employers and significantly increase the number of Colorado workers eligible for overtime pay and mandated breaks. 

As we previously reported here  and here , CDLE has been considering these changes for some time. After a 10-month comment period during which the agency heard from more than 1,000 workers and employers, CDLE adopted the new standards to take effect March 16, 2020.

Publisher: JD Supra
Twitter: @jdsupra
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Colorado labor department finalizes new wage rules | Kiowa County Press - Eads, Colorado, News

The Colorado Department of Labor and Employment has  finalized  new rules governing overtime and minimum payment requirements for the state's workers who are eligible for overtime pay. 

According to the department, the 10-month long comment period involved the opinions of more than 1,000 workers and employers. Many testified to the fact that the previous wage order to reform the wage standards in the state was unclear in defining which workers are covered and what the required criteria was to make an employee exempt from the various wage order protections.

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Gov. Tom Wolf makes another push to raise minimum wage in Pennsylvania

Wolf joined lawmakers and workers Tuesday to renew the call for the legislature to increase the minimum wage to $12 an hour.

Under the governor's proposal, that hike would go in effect on July 1, 2020, with annual 50 cent increases until reaching $15 an hour in 2026.

* * *

His plan would require overtime pay to most full-time salaried workers in executive, administrative and professional jobs if they make less than $45,500 by 2022.

Publisher: WGAL
Date: 2020-01-28T17:11:00Z
Author: Jeremy Jenkins
Twitter: @WGAL
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Clarity's cost: The $5M comma | Opinion | morganton.com

In 2014, you see, drivers for a dairy company in Portland, Maine sued their employer for overtime pay because a state law pertaining to overtime-pay exemptions failed to include the Oxford comma.

* * *

It's the final comma in a list of things, Grammarly explains. In Grammarly's example, the Oxford comma appears after the word "eraser": "Please bring me a pencil, eraser, and notebook."

Few use the Oxford comma anymore. Most newspapers, for instance, edit articles according to the Associated Press Stylebook, which does NOT use the Oxford comma.

Publisher: Morganton.com | The News Herald
Date: 2020-01-28T18:15:00-05:00
Twitter: @MorgantonNews
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