Thu.Oct 24, 2024

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Florida defense contractor faces prison for defrauding the United States

Due

A Florida defense contractor faces a prison sentence after being found guilty of multiple charges, including an attempt to defraud the United States. The person in question, Yuksel Senbol, was sentenced for a lengthy list of serious offenses against the nation. The charges included “conspiracy to defraud the United States, conspiracy to commit wire fraud, wire fraud, conspiracy to commit money laundering, money laundering, conspiracy to violate the Export Control Reform Act, and violating the Ar

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Elevate Your Business with Outsourced Financial Services

Accounting Department

In today's rapidly changing business world, small and medium-sized businesses (SMBs) face numerous challenges, especially when it comes to managing their financial operations efficiently. Many business owners find themselves juggling multiple roles, often at the expense of financial management.

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How Can I Recover an International Debt?

Know-It Global

Recovering commercial debts globally can be a complex and challenging process, requiring careful planning and strategic execution. International debt recovery involves navigating different legal systems, languages and currencies which can make the task daunting for businesses operating across borders. However, with the right approach and assistance, it is possible to successfully recover international debts.

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Judge orders Rochester roofing company to pay $16,782 after fatal fall breaches

Due

An administrative law judge has instructed a Rochester commercial roofing company to pay a $16,782 financial penalty for two serious fall protection and ladder safety violations. The news comes after an extensive Occupational Safety and Health Administration (OSHA) investigation into Elmer W. Davis Inc., which allegedly revealed multiple safety violations.

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Can You Get a Loan Without a Job?

CreditStrong for Business

After doing a credit check, most lenders will require that borrowers demonstrate a verifiable source of income. Some lenders might approve unemployed applicants that have another source of income such as alimony, unemployment compensation, or disability benefits. Unemployed individuals might also qualify for a student loan or a loan borrowing against funds in their 401(k) or another retirement account.

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Career Change at 40 or 50? Financial Strategies to Fund the Transition

Due

Gone are the days of spending your entire life at the same job. For many, a career change is the new norm; on average, people change careers at least three times in their lifetime. Even though it is increasingly common, changing careers in your 40s and 50s can feel daunting. You probably have responsibilities that those in their 20s and 30s aren’t worried about, like a house, kids, or aging parents.

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The Benefits of Choosing a Job With a Pension Plan vs. 401(k) Contributions

Due

Data from the Bureau of Labor Statistics indicate that just 15% of private industry employees have access to a pension, also known as a defined benefit plan. Employers began moving away from these plans in the late 1970s when the 1978 Revenue Act began allowing employees greater control over their retirement savings by using pre-tax dollars for 401(k) contributions.

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Are CPNs Legal? What You Need to Know

CreditStrong for Business

Improving your credit score can be challenging, especially when you’re trying to rebuild it after making some mistakes. As a result, you may find it tempting to take a shortcut by purchasing a CPN. Unfortunately, that’s always a bad idea. Let’s explore what you need to know about CPNs, including how they work, why you should avoid them, and what to do to improve your credit instead of buying one.

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5 meaningful benefits of fintech, according to accountants

Plooto

Time and time again we hear that technology helps SMBs. But many businesses remain skeptical — even when the accountants who serve them see the benefits.

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Is Debt Consolidation a Good Idea?

CreditStrong for Business

Debt consolidation involves acquiring a new loan or credit card and using it to pay off multiple outstanding debts, effectively combining them. It reduces the number of your monthly payments and may help you improve your repayment terms. However, debt consolidation doesn’t reduce the total amount of debt you owe and can make your financial situation worse in certain circumstances.

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Predicting elections: betting markets vs. polls

Due

As the election draws near, anticipation and speculation surrounding the potential winner intensify. The current betting odds favor Trump, while the polling data leans towards Kamala. This disparity raises an intriguing question: Which method has historically predicted the election outcome more accurately—the polls or the betting markets? This article aims to delve into this question, examining the pros and cons of both methods and their historical accuracy.

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Does Refinancing a Car Hurt Your Credit?

CreditStrong for Business

Refinancing your car loan can lower your interest costs and monthly debt payments. While it usually hurts your credit score, the damage is rarely significant, and your credit should recover quickly. Let’s explore the process further to help you decide whether it’s worth pursuing in your circumstances. How Does Refinancing an Auto Loan Work? Auto loan refinancing involves taking out a second loan and using its proceeds to pay off the remaining loan amount on the initial account.