Last week, the IRS warns about a phishing scam that has been on college students and staff of educational institutions expecting to receive pending tax refunds, The warning was published last week after the tax agency received reports that government’s phishing@irs.gov email received numerous complaints related to impersonation scams that have been generally targeting persons whose email addresses with “.edu”. How the Tax Refund Phishing Scam is Being Perpetuated Using fake emails supposedly coming from the tax agency, which included logos to make their messages more believable, scammers sent notices that made references to “Recalculation of your tax refund payment.” …
Author: Paden Kegan
The POS Exemption : How Its Abolition will Affect Car Dealers
In 2019, the Australian Banking Royal Commission acted on the growing complaints against car dealers who sign up customers for loans they can’t afford to pay. In his final report, Royal Commissioner, the Hon Kenneth Hayne AC QC, who led the year-long probe of the faulty financial service practices, recommended the abolition of the Point of Sale (POS) Exemption. Consumer advocates welcomed the Royal Commissioner’s report exposing the predatory selling practice. Many believe the POS exemption was a “loophole” that has allowed not a few car dealers to offer auto loans even without proper assessment of the customer’s financial capability. …
Cut and Dried Wealth Managers Face Tough Financial Planning Challenges Starting 2021
Wealth managers handling the business assets of individuals with high and ultra high net worth, will face new challenges starting this tax year 2021 and onwards. Aside from tax policy changes being proposed by the Biden administration, a new bill aimed at changing the IRS’ audit behavior toward the tax returns of wealthy taxpayers will also be introduced. Given that Democratic party lawmakers now have the majority numbers in both lower and upper houses of Congress, all bills proposing such tax policy changes will likely be enacted. Now more than ever, choosing the right financial advisor to handle one’s tax …
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- Crypto Capital: Navigating Financial Success in the Digital MarketsThe rise of cryptocurrencies has opened new avenues for investors seeking financial success. Crypto trading platforms such as Immediate Eurax App have become the epicenter of this digital financial revolution, providing opportunities and challenges alike. This article explores key strategies and considerations for navigating the complex world of crypto capital, aiming to guide both novice […]
- The Influence of TikTok on Political DiscourseA Deep Dive into Social Media’s Impact on Politics and Finance TikTok has emerged as an unexpected player in shaping public opinion on political and financial matters. With millions of users worldwide, TikTok’s reach extends far beyond the realm of entertainment, influencing discourse on matters of global significance. In this article, we will delve into […]
