Business News Network

Farrukh Kazmi or the growth of an asset management professional

Oct
28

Who is Farrukh Kazmi and some of his thoughts? We offer a wide range of financial services to individuals and business owners. We believe you will be better able to identify your goals and make sound decisions to help reach them by A&S providing our financial information. Please call us if you have any questions about our firm or the range of Investment services we provide. Our firm has a relationship with a variety of financial services companies, so if we don’t have a product or service, we know a group that does.

A stock (also called a share) is a part of ownership in a company. It represents a claim on the company’s assets and earnings and what that entitles you to do is to attend the Annual General Meetings (AGMs) and dividends payout if declared by the company. So essentially by buying into this company, you are betting that the management team and company fundamentals are able to get you more returns. Bonds are debt instruments in which investors effectively loan money to a company or agency (the issuer), in exchange for periodic interest payments, plus the return of the bond’s face amount, once the bond matures. Bonds are issued by corporations, the federal government, and many states, municipalities, and governmental agencies.

Farrukh Kazmi is the founder of A&S Asset Management, I am committed to helping people achieve financial freedom by bringing Wall Street experience to the local investor.

One of the many benefits of working with A&S Asset Management is our ability to provide clear, easily understood explanations of financial markets, financial ideas, and where you fit within them. The personalized program that we can provide is a road map to working toward a more secure financial future.

How should you go about finding the right advisor? The first step is to figure out what sort of professional financial help you need. Like many people, some of your deepest financial thinking comes at tax time. So if you just want someone to dole out tax advice and preparation, a good old Certified Public Accountant (CPA) will probably suffice. That CPA may or may not also be a financial advisor.

Cryptocurrencies are systems that allow for the secure payments of online transactions that are denominated in terms of a virtual “token,” representing ledger entries internal to the system itself. “Crypto” refers to the fact that various encryption algorithms and cryptographic techniques, such as elliptical curve encryption, public-private key pairs, and hashing functions, are employed. The first cryptocurrency to capture the public imagination was Bitcoin, which was launched in 2009 by an individual or group known under the pseudonym, Satoshi Nakamoto. As of February 2019, there were over 17.53 million bitcoins in circulation with a total market value of around $63 billion (although the market price of bitcoin can fluctuate quite a bit). Bitcoin’s success has spawned a number of competing cryptocurrencies, known as “altcoins” such as Litecoin, Name coin and Peercoin, as well as Ethereum, EOS, and Cardano. Today, there are literally thousands of cryptocurrencies in existence, with an aggregate market value of over $120 billion (Bitcoin currently represents more than 50% of the total value).

All of our brokerage accounts are held and available for viewing at National Financial Services, a Fidelity Investments Company. Registered Representative of and securities offered through Berthel Fisher & Company Financial Services, Inc. (BFCFS). Member FINRA/SIPC. A&S Asset Management and BFCFS are independent entities. Read additional information on Farrukh Kazmi.

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Surety bond details with AmeriPro

Oct
23

Surety info by ameriprosuretybonds.com? Amounts greater than $100,000, however, will include a standard credit review by an underwriter. Good credit will be needed in order to qualify. Depending on just how large the amount of surety bond involved, the process can take a few days, and may include requests for additional documentation. Such additional documentation will typically mean a financial statement from the person purchasing the bond. This is not always the case, however, and matters will be judged individually according to exigent circumstances.

The Virginia contractor license bond is a $50,000 surety bond required by legal statute and the DPOR. The bond is issued for a period of two years. We offer this bond to you without a credit requirement. Please call AmeriPro Surety Bonds today for this bond at: 844-589-9732. Applicants for the $50,000 Virginia contractor license bond through our agency will be required to have “good credit” in order to be approved for this surety bond.

In Florida, you will be required to submit the obligation to the surety agency from where you purchased your surety bond (namely, us) and we will submit the application and the surety bond to the Florida Secretary of State. The $7,500 Florida notary bond is a surety bond required by the Notary Commission as a prerequisite for licensing. The Commission is also the obligee for this bond. The notary bond protects others from acts of fraud and criminal malfeasance in their performance of notarial acts. Of note, the notary bond protects others, only, from wrongful acts committed by a notary.

The Occupational License Division requires a DMV register service individual or business to post a surety bond for $25,000 on its behalf. AmeriPro Surety Bonds will help you obtain your registration service bond very quickly. Once purchased, you will need to file the bond with the Occupational Licensing Department. This surety bond is purchased by the individual on behalf of the DMV and the consumer public. The bond protects the public from any acts of negligence or fraud on the part of the registration service business. It is not, therefore, insurance which protects the registration service business. For this latter, you may wish to look into purchasing an insurance liability policy. Discover extra information at surety bond broker.

Required by a municipality or other public body as a condition to granting a license or permit to engage in a specified activity, this bond guarantees that the party seeking the license or permit (the obligor) will comply with applicable laws or regulations. These bonds can also be structured to provide indemnity guarantees to third parties who sustain injury or damage as a result of the obligor’s activities as described in the license or permit when such a guarantee is required. For example, businesses that hang signs over public sidewalks may be required to provide indemnity guarantees for injuries to pedestrians.

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Bookkeeping specialist Coral Springs, Florida

Oct
22

Coral Springs, FL bookkeeping firm: A bookkeeping service offers a three-tiered approach to developing and maintaining your company’s overall financial processes and management. The first prong is created by the accounting software specialist. He or she creates your accounting data file so that it’s tailored to the specific needs of you and your business. He or she will ensure that you have access to the software and reports you need.

Fund IRAs and SEPs to Allowable Limits: If you participate in an employer-sponsored individual 401(k) plan, 403(b) retirement plan, or other qualified retirement plan, the deadline for contributions is Dec. 31. However, you can still fund an IRA until April 15. If you’re younger than 50 and contributed less than $6,000 for the 2019 tax year, or you’re older than 50 and have contributed less than $7,000, you have until April 15, 2020, to invest money on a tax-sheltered basis for 2020. If some or all of your income comes from self-employment, you can set up a simplified employee pension (SEP) IRA up until the due date of your tax return, including extensions, and contribute up to 25% of your self-employment income. If you have the opportunity to choose between paying income taxes or funding your retirement, it should be an easy decision. While Roth IRA contributions are not deductible, IRA and SEP contributions are fully deductible depending upon your income, filing status, and participation in an employer plan. Income within a retirement plan – whether IRA, SEP, or 401(k) – is not taxed until you withdraw it.

Pick Up Capital Gains if You’re in a Low Tax Bracket: The end of the year is also a good time for some people to sell stocks that have appreciated significantly in value. This can be a particularly good strategy for those who are in the 10% and 12% tax brackets since their capital gains tax may be zero. The stocks can then be repurchased, which resets the basis and minimizes the amount of tax to be paid on future gains. Even if you’re not in the lowest tax brackets, you may want to sell winning stocks to reset the basis if you’re also harvesting losses. “What you want to do is balance (gains) with stocks that have losses,” Barlin says.

Plan for estimated taxes: As we mentioned before, seriously underpaying your taxes throughout the year can have very negative consequences. If you expect to owe at least $1,000 in taxes when you file, the IRS generally requires that you make estimated tax payments throughout the year. This is especially important for business owners or self-employed individuals who generally don’t pay income taxes on their earnings. Note that you may need to work with a tax accountant to determine how much to set aside and pay each quarter. Discover extra info at https://bookkeepinghelpcoralsprings.com/florida/parkland-bookkeeping-and-accounting/.

The maximum amount of wages garnished varies depending on the garnishment, but they range from 15 percent of disposable earnings for student loans to as much as 65 percent of disposable earnings for child support (if the employee is at least 12 weeks in arrears). In states that have enacted laws differing from federal wage garnishment requirements, employers must comply with state laws demanding a lesser garnishment. And because state laws differ (North Carolina, South Carolina, Pennsylvania, and Texas generally prohibit wage garnishment for consumer debts altogether), employers should ascertain what’s required of them by state law before proceeding with garnishment. No matter how high the debt, employees will always be allowed to keep a certain percentage of their paycheck for general living expenses.

Child and Dependent Care Tax Credit: A tax credit is so much better than a tax deduction—it reduces your tax bill dollar for dollar. So missing one is even more painful than missing a deduction that simply reduces the amount of income that’s subject to tax. But it’s easy to overlook the child and dependent care credit if you pay your child care bills through a reimbursement account at work. The law allows you to run up to $5,000 of such expenses through a tax-favored reimbursement account at work. Up to $6,000 in care expenses can qualify for the credit, but the $5,000 from a tax favored account can’t be used. So if you run the maximum $5,000 through a plan at work but spend more for work-related child care, you can claim the credit on up to an extra $1,000. That would cut your tax bill by at least $200 using the minimum 20 percent of the expenses. The credit percentage goes up for lower income households.

Our accounting practice is built on the foundation of honesty, integrity, and mutual respect for all clients. We want you to succeed. Accountants Doing Bookkeeping? What does that mean? It’s Simple our Accountants will do bookkeeping work. Since it is much easier than Complex Accounting we charge an affordable price. We have been known to be called one of the best-priced accountant company from Miami to Boca. Anyone can find a bookkeeper for cheap on some freelancer site, but the truth is that you get what you pay for. One small mistake can cascade over multiple reports giving you false numbers and not accurately describing your companies true path. Find more details on Affordable Bookkeeping.

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Finance advisory recommendations

Oct
21

Financial advisory guides? It has been tested time and again that gold provides a strong shield against inflation. Gold rates remain almost unaffected at the time of inflation and therefore, you do not have to suffer a loss when the inflation hits and even the currency rates go down in the global market. Now, talking in the Indian context, the value of Rupee has not been performing well in 2020 and therefore, investing in gold is not a bad idea at all. To find out exactly, if it is a good idea to invest in gold in 2020 lately, one must consider the cons of it because you don’t only buy the pros, you buy the cons too and thus, you should what are the downsides you will be facing by investing in gold in 2020?

Cryptocurrency trading is complicated and dangerous. That’s why an investment fund managed by crypto trading experts its much safer. Learn to value coins in BTC. Ether aside, Bitcoin is the current primary currency of the crypto economy (i.e., its what you have to use to buy most altcoins). Those new to crypto tend to value things in dollars. Meanwhile, even seasoned cash traders value coins in dollars. However, enough crypto traders will value coins in BTC for it to matter. If you aren’t aware of the BTC charts, you won’t be able to properly understand the trends everyone else is analyzing and reacting to. You don’t have to make getting more BTC your goal, but you must have the BTC prices of altcoins on your radar. There are times when all coins move up, but altcoins steadily loose value against Bitcoin. Those who know will be the first to dump altcoins for Bitcoin; this will set off a vicious cycle that can result in the stagnation of altcoin prices.

In the months or years since you first became a business owner, how many times have you been told you need bookkeeping services? If you’re like most business owners, the answer is probably, “A lot.” From the time you first opened your doors and collected your very first dollar, advisors, partners, and other well-meaning associates have undoubtedly weighed in and suggested a bookkeeping service to help keep your company’s books and finances on track. Discover even more info at Fiscalopedia finance expert.

Not all financial advisors are the same. Some specialize in certain practice areas, types of clients, income levels, investment strategies, and products. Some work with clients all over the country, while others focus on clients in their town. Some can help you with your taxes, insurance needs, or estate planning and others will focus on retirement planning. There are advisors for the younger client and some specialize on retirees. You can find a planner to help with life stages planning, estate distribution strategies, and business planning.

Many companies fail to keep the bridge between their revenue and expenditures and end up getting into a financial crisis. Though, remember that the financial crisis cannot be resolved overnight, so stay focused on the actual problem to tackle it effectively. Therefore, with the help of fiscalopedia tools and services, you will be able to plan your budget carefully and confidently. Thus, with our tools, you will be able to keep a record of your revenues and expense, and by seeing the statistics, our advice will back up your financial decision efficiently. Moreover, the information provided on our site will also include an affiliate link that will help us to earn some money to keep our site up and to work to serve as an informational platform for all the potential investors and visitors. Find more info at https://fiscalopedia.com/.

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Omphalos non-dilutive supply model

Oct
20

Omphalos protocol and features? OMPL will connect to Polkadot network for cross-chain interoperability, enabling OMPL asset and data to move between multiple blockchains. OMPL is a community led and operated project, everyone has power to govern and vote on proposals for future development. OMPL has an anti-inflation mechanism for maintaining a stable purchasing power of equivalent to $1 USDT. OMPL protocol adapts an elastic supply model and automatically adjusts supply with rebasing. Price goes up, wallet balances increase; when price goes down, balances decrease. OMPL enables self-executing smart contract and automatic distribution based on price data from decentralized CPI Oracle. OMPL holders own a part of the network, and their percentage of ownerships will remain fixed with non-dilutive supply model.

Omphalos protocol automatically adjust the supply of the token in order to achieve supply-price equilibrium. When price is above the $1.06 threshold, wallet balances automatically increase. When price drops below the $0.96 threshold, wallet balances automatically decrease. This adjustment mechanism is called a “Rebase”. It is directly programmed into the OMPL smart contracts and will happen roughly in every 24 hours. The changes in balance will reflect automatically on holder’s wallet balances. No staking is needed.

Omphalos (OMPL) is a revolutionary stable coin protocol for decentralized finance, one that is different than Bitcoin and thousands of other cryptocurrencies in the market. While bitcoin suffers from huge price volatility due to its finite inelastic supply, very often prices can go up and down dramatically in a short period of time, making it unsuitable to act as a stable medium of transaction for decentralized financial applications (DeFi App). However, Omphalos protocol overcomes this limitation by adjusting the total supply in every 24 hours based on gathered price oracle information, therefore maintaining the price at a stable and healthy range. Find even more info on Omphalos ompl.

While the total supply will change constantly to maintain the price equilibrium, the initial total supply will be capped at 100 million OMPL. Are team wallets locked? Yes, they are locked in a time released contract for two years. The tokens will be vested at a rate of 10% each 60 days. How often does a rebase happen? The rebase will happen only one time a day, approximately every 24 hours.

The time for waiting is over: a worthy heir to Ampleforth’s ambitious idea has finally appeared. Omphalos (OMPL) is an adaptive base cryptocurrency with scalable chain interoperability, that enhances the stablecoin concept with great amount of extra features, such as a more efficient rebase mechanism for Supply-Price Equilibrium, decentralized governance and DeFi ecosystems. Omphalos Protocol will be employing a fork of the sophisticated Polkadot governance system, which will ensure all updates to the Omphalos protocol happen entirely on-chain based on a set of rules, through community stake-weighted voting. The protocol is driven by algorithms and smart contracts, and governed in every aspect by the community. Omphalos owners are not powerless token holders, but powerful council members responsible for on-chain voting on all project-related matters, even the most important ones such as protocol upgrades and network parameter updates. Read more information at https://omphalos.co/.

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The ascent of a wealth management leader : Nakiim Bey

Oct
17

Nakiim Bey and the rise of a financial expert? Nakiim Bey specializes in wealth management, estate planning, business entity setup such as; corporations, LLCs and S. Corp. Also financial analysis while providing financial consultation for framing asset protection strategies, and estate & wealth planning. He develops financial strategies by guiding clients to establish financial targets, and matching goals with situations regarding appropriate insurance and annuity plans. His business model is aligned with strong ethical values and consults client regarding advantages and risks of using financial tools for wealth building and asset protection.

Nakiim Bey is a Registered Insurance & Annuity Broker and Financial Consultant with 17+ years of progressive experience in maintaining profitable relationships with clients while maximizing investment strategies designed to achieve financial goals. He is skilled at understanding clients’ financial situation by gathering information regarding investments, asset allocation, savings, tax planning, retirement / estate planning in order to evaluate risk tolerance.

Nakiim Bey has a BA in Social Sciences, Professional certifications from Cornell University,LIR School; Executive Leadership,negotiations,coaching. University of Cambridge, Sustainability Leadership, Diversity, Innovation. Harvard Business School;Disruptive Strategy. Currently enrolled in the University of London Post Graduate LLM External Law program-International Business Law. Nakiim Bey is a member of the ABA, American Bar Association,Metropolitan Black Bar Association, National Association of Professional Agents, National Association of Tax Professionals.

Why Choose Us? You can build a secure, profitable future with Woodberry Wealth Management & Associates. At WWMA, we go above and beyond client expectations by continuously providing the very best methods for gaining, maintaining, and managing wealth. Our devotion to quality service is matched only by our expertise and in-depth approach to wealth building and management. We are quickly building a reputation as one of the leading wealth management firms in New York. Whether you are an investor looking for private wealth management, a business owner, or an individual who needs to build financial security for your family, we can give you the peace of mind that comes with well-managed finances.

Experience You Can Trust! At Woodberry Wealth Management & Associates, we strive to become the leading wealth management firm in New York. Our unique blend of skills and services allow us to fully protect and grow the wealth of our clients. We work with a skilled team of licensed attorneys, accountants, tax professionals, licensed insurance agents, and financial advisors. Whether you need a brief financial check-up focused on a few specific areas, or a long-term relationship for ongoing investment management and financial advice, we can help you get on track, and promote substantial financial growth.

With comprehensive law and investment expertise, Nakiim has maintained a successful record of managing multiple portfolios with diligent attention and continual analysis of economic trends to determine appropriate asset allocation. He coordinates public relations, conducts financial seminars, interacts cross-culturally, and offers a wide range of life insurance, annuities, and retirement planning products for wealth protection and maximizing ROI. Discover even more details on Nakiim Bey.

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