• Tue, December 10, 2024

by: Kiplinger

Tax Pros: Is Someone Fraudulently Using Your Expired PTIN?

A PTIN is an 8-digit number assigned to tax preparers by the IRS. It serves as an official identifier, starting with the letter P, that allows the tax agency to track and regulate tax preparation activities. Those who prepare their own taxes, file joint returns, or prepare taxes for friends and family without compensation don't need a PTIN

by: The University of Chicago Chronicle

COP29 provides UChicago students with unique perspective on climate change and policy

More than two dozen University of Chicago students recently attended the 2024 United Nations Climate Change Conference—better known as COP29—which they described as an "eye-opening" yet "humbling" opportunity to learn about the inner-workings of policy and politics at a global scale.

by: The Daily Pennsylvanian

Samra Lulseged | The Wharton factory

Columnist Samra Lulseged identifies how Wharton's narrow professional culture suppresses student individuality, limits career exploration, and prioritizes efficiency over personal and intellectual development.

by: Seeking Alpha

Buy 1 December Aristocrat Of 67 From 38 With 'Safer' Dividends

Aristocrats span all sectors, with BEN topping yields. Read why its strong dividend history and low price make it a December buy, despite analyst concerns.

by: Yahoo

Half of Mayor Eric Adams' latest matching campaign fund claims deemed 'invalid'

Half of the claims for public matching funds that Mayor Eric Adams' reelection campaign submitted in the most recent reporting period were deemed "invalid" by the city's Campaign Finance Board, the highest rejection rate the mayor's team has faced to date,

by: AOL

General Motors to stop funding its Cruise robotaxi business

General Motors will stop funding its Cruise robotaxi business and focus on developing self-driving technology for personal vehicles, the automaker said in a statement on Tuesday.

by: Digital information world

Payments, Banking and Beyond: Thomas Priore on How Fintech Is the Future of Finance

Priority CEO Thomas Priore says Priority has managed to successfully expand customers' payments and banking solutions.

by: Couriermail

Melbourne's cheapest and most expensive streets revealed | Ray White

Melbourne's cheapest streets are giving prospective homeowners a chance to get a house for bargain prices less than $400,000.

by: Business Today

Bajaj Finance shares: Valuation looks attractive but should you buy this NBFC stock?

Bajaj Finance shares edged 0.16 per cent lower to Rs 6,924.15 today. The stock has fallen 11 per cent from September 2024 high and delivered a negative return of 5 per cent in the past one year.

by: Yahoo Finance

Billionaire Investors Like Ken Griffin and Ray Dalio Are Going All In On These Three Stocks Because They Love The Upside

Trading stocks successfully is a skill that many of the world's best fund managers have honed for decades. That's why tracking the public records of stock trades by large investment firms and successful traders can give you some great ideas about how

by: WTOP News

Trump says he'll name Andrew Ferguson head of FTC and Kimberly Guilfoyle as ambassador to Greece

President-elect Donald Trump made another flurry of job announcements on Tuesday, selecting Andrew Ferguson as the next chair of the Federal Trade

by: MSN

Why Is Establishment Labs Holdings Inc. (ESTA) Among the Best Cosmetic Surgery and Aesthetics Stocks to Invest In Now?

We recently compiled a list of the 11 Best Cosmetic Surgery and Aesthetics Stocks to Invest in Now. In this article, we are going to take a look at where Establishment Labs Holdings Inc. (NASDAQ:ESTA) stands against the other cosmetic surgery and aesthetics stocks.

by: Business Line

Nisus Finance Services listing today on BSE-SME

by: World Socialist Web Site

The speculative Bitcoin frenzy

The total size of the crypto market is estimated to be larger than the combined worth of Mastercard, Walmart and JPMorgan Chase.

by: Insider Monkey

Is Ares Management Corporation (ARES) Among the Best Aggressive Growth Stocks to Buy According to Hedge Funds?

We recently compiled a list of the 12 Best Aggressive Growth Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where Ares Management Corporation (NYSE:ARES)

by: Forbes

Transforming Businesses With LLMs: Risks And Use Cases

LLMs are just one of many facets of AI. They allow you to drive transformative changes in your organization's operational workflows, and they're adaptable across various sectors—especially where decisions at various levels rely on quick and efficient analysis of massive amounts of data.

by: MSN

City of Muscatine receives 'clean' audit report

The City of Muscatine released it received a 'clean' audit report for the fiscal year ending June 30, 2024, according to an audit performed by Bohnsack and Frommelt LLP, certified public accountants,

by: Couriermail

Ride share company DiDi launches a new tow service to get you and your car home safely

Rideshare company DiDi is going the extra mile for its customers this summer, with a new tow service to get you and your car home safely after too many alcoholic drinks.

by: Forbes

Is The Financial Services Industry Ready For A New Business Model?

Maintaining the status quo is not a realistic strategy for the financial services industry. The writing is on the wall: Traditional business models will either plateau or decline. Institutions need to be open to change and proactively explore new ways of meeting and anticipating the needs of younger generations.

by: Yahoo Finance

GM to exit Cruise robotaxi business

General Motors said on Tuesday it will stop funding and exit robotaxi development at its majority-owned Cruise business, a blow to the automaker that had made the advanced technology unit a top priority.

by: AOL

Debanking hurts everyone. It's time to end it once and for all

Yes, as in any industry, there are bad actors. But choosing to shape crypto banking policy purely through the lens of these actors is akin to debanking the asset management industry over Bernie Madoff, or debanking energy companies because of Enron.

by: Yahoo Finance

GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. Instead the Detroit automaker will focus on development of partially automated driver-assist systems like its Super Cruise,

by: MSN

Nissan reassigns CFO Ma to China head in management reshuffle, Nikkei reports

Nissan Motor's board has decided to reassign Chief Financial Officer Stephen Ma to head its China business, the Nikkei newspaper reported, a high-profile shake-up for the crisis-hit Japanese automaker as it cuts thousands of jobs.

by: MSN

China ramps up Wall Street meetings as Trump inauguration looms

Chinese Vice Premier He Lifeng has met with several U.S. finance executives as Beijing seeks to build relationships in the face of rising bilateral tensions.

by: MSN

Some of Trump's nominees have drawn fierce criticism. Why his treasury pick has a smoother path.

In picking Bessent, Trump - despite his anti-establishment rhetoric - chose a less ideological, more conventional financier for the post.

by: MSN

How Are Legal Department Professionals Spending Their Time?

How are legal departments performing when it comes to getting high-level legal and business guidance from their in-house attorneys? Are your lawyers buried in administrative chaos, or are they operating at peak efficiency?

by: MSN

Sagittarius Daily Horoscope Today (Nov 22 - Dec 21), December 11, 2024: Your emotional side will strengthen!

Sagittarius Money Horoscope Today You will create a priority list and continue to improve your performance. You will focus on conveniences. Sagittarius Career Horoscope Today You will impress everyone with your personal performance in business.

by: MSN

Charter consolidates Spectrum business service units, promotes two

  • Wed, December 11, 2024

by: Business Times

Bank of England set to stay in central bank slow lane and keep rates on hold

THE Bank of England (BOE) looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than central banks in Europe and the United States. Read more at The Business Times.

by: THE WEEK

What exactly are tariffs and how do they work?

A tariff is a "type of tax levied by a country on an imported good at the border," said Investopedia. Technically, there are two types of tariffs: a specific tariff, "levied as a fixed fee based on the type of item," and an ad valorem tariff, which is "levied based on the item's value."

by: Business Today

War and disruption should be avoided, global priority to restore normalcy: FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Wednesday underlined the need to restore normalcy in the world and highlighted the cost of war that has caused supply chain disruptions and higher inflation globally. "No way can there be enough justifiable ...

by: Shields Gazette

Energy experts: Looking for Solar panels in Newcastle and Gateshead? Check this award-winning firm

If you've been thinking about solar panels or want to know more about how they could save on your energy bills, call in for a cuppa and a chat!

by: Vanguard

Thousands empowered at finance workshop in Southern Nigeria

In a nation where financial literacy is crucial for economic growth, The Finance Workshop has emerged as a beacon of hope, equipping young Nigerians with the knowledge and skills to navigate the complex world of personal and business finance.

by: Independent.ie

Mortgage rates at their lowest level in year and a half

Mortgage rates in this country continue to move lower while deposit rates remain broadly steady, according to the latest data from the Central Bank.

by: Fortune

VC billionaire Marc Andreessen says half of his time goes to helping Trump at Mar-a-Lago

"He will happily talk to distinguished visitors about like who the Vice President should be and then he'll ask the caddy. It's been painted in a negative way but there's a real strength to it," Andreessen said of Trump.

by: Impacts

Fundraising Alternatives Every Founder Should Consider in 2025

As the global economy continues to adapt to a rapidly-shifting political climate and related market dynamics, entrepreneurs are left to navigate a volatile fundraising landscape that looks different than any year in recent memory.

by: Kiplinger

The Best Ways to Use Your Year-End Bonus (and the Worst)

Vacation' shouldn't be anyone's go-to for financial advice, but it does remind us how not to spend a holiday bonus.

by: London Evening Standard

Specialist lender says motor finance scandal and Budget weighing on sector

S&U, which provides car finance through Advantage Finance, said trading conditions had been 'burdened' over the first half of its financial year.

by: Business Insider

I spent over $10K on a business coach who told me I was 'messy' and made me doubt myself. Here's my advice if you're considering coaching.

Alejandra Roja spend over $10,000 on a business coach who was a bad fit for Roja's needs when she was just starting her journey as an entrepreneur.

by: Business Insider

Top Life Insurance Companies of 2024 | Comprehensive Reviews & Ratings

Instead, you can find the best option based on what you want or what you prioritize. Business Insider's editorial team has independently reviewed over 30 life insurance companies to find the best ...

by: Business Line

Avanti Finance secures ?120 crore funding to expand loan book

by: Forbes

Circle And Binance Become A Stablecoin Power Couple

In an attempt to boost growth, the company behind the $41 billion digital dollar USDC is deepening its ties to Binance and its 240 million global users.

by: Business Line

Nisus Finance Services IPO listing today on BSE-SME: Price band of ?170-180

by: Yahoo Finance

GM to exit loss-making Cruise robotaxi business

Automaker General Motors said on Tuesday its majority-owned Cruise business will drop the development of robotaxis.

by: MSN

How Diversity Can Catalyze Innovation In The MENA Region

The Middle East and North Africa (MENA) region is quickly establishing itself as a global entrepreneurial powerhouse. Startups in the region attracted US$727 million in investment in the third quarter of this year,

by: MSN

Leo: Your finance horoscope - December 11

Leo: here are your finance predictions for the day December 11

by: MSN

Crypto giants Binance and Circle team up to take on Tether

T wo of the biggest names in crypto are putting aside their long-standing rivalry, and will now work together to grab a bigger piece of the fast-growing stablecoin pie. On Wednesd

by: MSN

IIM Indore's Executive Programme in Business Management: Gain leadership skills and strategic insights, push your career

IIM Indore's Executive Programme in Business Management equips professionals with leadership skills, strategic insights, and practical knowledge to excel in management. Take the next step in advancing your career today!

Tax Pros: Is Someone Fraudulently Using Your Expired PTIN?

A PTIN is an 8-digit number assigned to tax preparers by the IRS. It serves as an official identifier, starting with the letter P, that allows the tax agency to track and regulate tax preparation activities. Those who prepare their own taxes, file joint returns, or prepare taxes for friends and family without compensation don't need a PTIN
The article from Kiplinger discusses the issue of tax professionals discovering that their expired Preparer Tax Identification Numbers (PTINs) are being used by others to file tax returns. This misuse can lead to significant problems, including potential identity theft and fraudulent tax filings. The IRS has noted an increase in such incidents, where individuals use old or invalid PTINs to prepare and file tax returns, possibly to obscure their identity or to engage in unethical practices. The article highlights the importance of tax professionals safeguarding their PTINs, even after they expire, and suggests that the IRS should enhance its verification processes to prevent such misuse. It also advises tax preparers to monitor their PTIN status and report any suspicious activity to protect their professional integrity and prevent legal repercussions.

Read the Full Kiplinger Article at:
https://www.kiplinger.com/taxes/tax-pros-is-someone-using-your-expired-ptin