Archive for: May, 2023

How to Choose the Best Tax Consulting Firm

May 30 2023 Published by admin under Uncategorized

The need for tax consulting:

As a wag once famously said, “The only things certain in life are death and taxes.” Though this remark was aimed at individual men and women, it applies equally well to all business enterprises, big or small, who have an obligation to file their tax returns year after year with the IRS.

In the early stages of life, as a young man or woman, you might have considered this annual ritual of filing a 1040 EZ return as little more than a nuisance. But, with the changes in your marital status, children, and natural growth in your business, assets and income levels, this mandatory preparation and filing of tax returns becomes more complex and calls for more tax consulting expertise. It is at this stage that you will feel the need for outside help and start searching for a qualified and experienced consulting firm.

Tax laws keep changing very frequently and it is virtually impossible for an ordinary person to keep pace with these changes. Preparing and filing your tax returns by yourself is fraught with many hidden dangers as you can never be fully conversant and up to date with all the relevant rules and regulations. A qualified and experienced consulting firm will relieve you of much of this anxiety. Though there are some costs involved in availing of tax consulting services, it will be easily compensated by your legitimate savings in tax payments and by way of refunds you can claim.

Search for a consulting firm:

• The easiest and most obvious source is word- of-mouth recommendations from your friends and associates who have had previous experience with tax consulting

• From the website of the National Association of Tax Consultants (NATC)

• From the directory of Certified Public Accountants – CPA.directory.com.

After making a short list of potential firms, get more specific particulars from each of these entities. Follow up on this with personal interviews with the firms and verifying their references. You can also check up on their previous history and performance by referring to professional bodies like NATC and the Better Business Bureau.

Qualifications for tax consulting services:

Members of consulting firms have different kinds of qualifications like CPA (Certified Public Accountant), ATA (Accredited Tax Advisor), ATP (Accredited Tax Preparer), or combinations of these.

They also specialize in different areas of tax consulting like accountancy, tax planning and preparation, tax dispute settlement, etc. You should choose a specialist to suit your own specific needs.

If you are a start-up company, your consulting firm will have the added responsibility of advising you on many aspects of your business, such as:

• Help you determine the form of business most suitable for your company
• Inform you when different taxes are due for payment and set up systems which will automatically take care of this process
• Inform you regarding what qualifies as “gross income” which is what the IRS is mainly interested in
• Update you regularly on changes to the tax code and which expenses will qualify as legitimate business deductions.

Rather than hire a consulting firm at the end of each financial year, you should consider making a long term contract with it so that tax planning becomes a part of your business strategy. This will help you to take advantage of tax savings wherever possible and keep a check on your tax liability, which will ultimately maximize your profits.

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Solar Saviours: DHL’s Mission 2050: Zero Emissions

May 28 2023 Published by admin under Uncategorized

As all haulage companies know, it can be tough to meet high environmental standards and still turn a profit. Margins can be tight at the best of times, and too much regulation can risk pushing you into the red.
But going green doesn’t have to be a struggle. In fact, firms can have a positive public impact without sacrificing the bottom-line. As DHL is showing with its Mission 2050, the best businesses treat environmental standards as opportunities to innovate and improve.

Mission 2050

DHL is one of the world’s best known haulage companies – it’s practically a household name. This is a mark of success, sure, but a high public profile keeps the pressure on to meet and even exceed high standards. In March 2017, DHL decided to make its mark in a new way. Aiming to ‘contribute meaningfully’ to achieving the 2015 Paris climate conference’s goal of keeping global warming well below 2°C, it launched an ambitious new project: Mission 2050.

While the initiative has many aspects, this article focuses on those that concern renewable energy – specifically solar power.

Electric Vehicles, Hybrids, and Alternative Fuels

Electric vehicles have already evolved a lot in the past 15 years. Companies like Tesla have worked hard to shed the ‘golf buggy’ stigma and make EVs cool, while hybrids and alternative fuel vehicles have seen similar boosts. Still, these innovations have mainly been aimed at the consumer market. Haulage companies often remain sceptical about the benefits that vehicles which run on anything other than petrol or diesel can provide.

DHL recognises this, and is working to develop innovative solutions aimed at heavy-goods transport. Major firms like Ford and Cadent are partnering up to work on plug-in transit for trucks weighing 30 tons or more – projects that could revolutionise the industry.

In the meantime, CNG (compressed natural gas) and LNG (liquefied natural gas) are the best alternative fuels for hauling businesses – and they offer efficiency savings too.

Solar Saviours

Finally, we come to the most impressive of Mission 2050’s initiatives: ‘trailar’, a revolutionary new solar power technology.

Developed alongside leading trailer manufacturer Don Bur, trailar aims to make it easier than ever to add solar capacity to an existing fleet. The idea is brilliantly simple: a two-millimetre-thick mat that can attach to the roofs of trailers or vehicles. For haulage companies, this is a godsend, as simply attaching a trailar mat can charge the vehicle’s battery or any other on-board devices. Attaching one to a trailer, meanwhile, would allow the trailer to contribute in the same way.

All this translates to significant fuel savings for any business that adopts the new technology. Haulage is a tough industry, and companies need to be able to change with the times. With Mission 2050, DHL is helping to ensure that meeting environmental challenges won’t leave your business in the dust.

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Safety First: Why AEB is a Courier Game-Changer

May 28 2023 Published by admin under Uncategorized

Courier work can be a dangerous business, and accidents on the roads are still happening frequently despite efforts to increase the safety of newly manufactured vehicles and the roads themselves. However, Volkswagen Commercial Vehicles has started installing Autonomous Emergency Braking (AEB), and it could be a game-changer.
Starting a Trend

If you are a delivery driver and have had dangerous experiences on the road, or know of a close friend or colleague who has, you will understand the effects that road accidents can have on someone’s life. With courier work, risks are somewhat increased because of long hours on the roads resulting in fatigue. Could AEB be the solution?

Currently, Volkswagen Commercial Vehicles is the only manufacturer offering AEB as standard across their van range, so for those driving one of these vans, courier work has already become safer. The range includes Volkswagen Caddys, Transporters and Crafters, and the manufacturers have said that each vehicle is designed with the braking system to make the driving experience safer for both the main driver and others around them.

Avoiding Accidents

Particularly among commercial vehicles, road accidents are extremely common. In fact, in 2017 the number of road-related deaths was the highest it had been in five years. Thatcham Research has worked out that AEB could save 1,000 lives and 120,000 casualties across the car industry over the next ten years, so it’s no wonder that Volkswagen Commercial Vehicles is encouraging other manufacturers to follow its lead.

The Department of Transport agreed that fitting AEB on all commercial vehicles could save hundreds of lives, with the potential of stopping almost 2,500 crashes every year. Thatcham Research has also shown that this may eventually lead to a real-world accident reduction of 38%; certainly not a figure to be overlooked.

Saving Money

As well as the evident positive effect that AEB has on the safety of the vehicles, this new system could also lead to fewer outgoings for delivery drivers. Courier work often goes hand in hand with some unavoidable expenses, however reducing accidents by having an AEB system in your vehicle could eventually result in less downtime for drivers, as well as fewer third-party insurance claims (these could be reduced by up to 45%).

There are a few other ways that this could work out well for your business, such as lower costs for fleets due to the drivers being ultimately safer on the roads (fewer minor accidents will mean fewer repair costs). Plus, the vehicle could benefit from an average premium saving of 10% compared to cars and vans without the new braking system.

All in all, AEB has a whole host of advantages that definitely make it worth considering. If AEB were to be installed in all commercial vehicles, courier work would be safer, cheaper and above all, lifesaving.

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Real Estate Outlook September 2018

May 28 2023 Published by admin under Uncategorized

LOS ANGELES, CA. How will the United States increased tariffs on an additional sixteen billion dollars of goods impact the real estate market? China has announced retaliatory tariffs and has even decided to increase tariffs on another two hundred billion dollars of Chinese goods. There is a weakening trend due to trade disruptions. The actual impact on the real estate markets will only become fully visible later this year.
As of this writing of our research report, we do not yet know the full extent of the US-China trade tension. We are not yet able to estimate the rate of change on the markets. We do not even know yet whether the cost of real estate would be lower or higher in the United States.

Now, rhetoric remains strong on both sides and is leading to a confrontational showdown. It is still unclear how far it might go, and de-escalation will probably only start when there are visible signs of economic, market and/or political pain. So far, we consider these trade tensions between the US and China as a significant risk to sustained coordinated growth in the real estate markets.

We now see no real upside through the remainder of this year, and indeed, there is a risk that the conditions may continue to deteriorate Two key modest positive economic assumptions are: 1) trade with China will be resolved; and 2) the United States’ growth remains exceptional next year.

Due to the current state of the United States economy and the solid economic predictions, we see no surprises from the Feds. They will continue to hike rates in line with growth, employment and expected inflation. Whether there will be further rate hikes in 2018 will depend on the external data. Should there be another acceleration of economic activity and higher wage growth, the Fed will probably respond with a tighter monetary policy stance.

Since the 2010s, the United States economy has been expanding at an average rate of 2.2%. The following factor explains this growth. In the United States, monetary and fiscal policy started to support the economy immediately to mitigate the impact of the real estate and financial crisis on economic growth and employment in 2009.

In spite of the Fed’s rate hikes, interest rates remain quite low and have been for several years. The Feds are expected to continue raising interest rates. That is why real estate investors are worried. Their fears are ingrained in the perception that rising interest rates will weaken property values. Nevertheless, historical data show that higher interest rates have not necessarily impaired total returns.

While the prospects for residential rental income properties still may be pending, it is important to recognize that economic and financial markets are still concerned with market volatility. This may prove to be challenging since real estate cycles typically turn due to negative imbalances affecting demand and/or to supply drivers. Overbuilding, over-lending, over-buying are imbalances that have characterized past downturns—all appear unlikely under current conditions.

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How to choose clinical chemistry analyzer

May 28 2023 Published by admin under Uncategorized

What is clinical chemistry analyzer? Chemistry lab equipment clinical chemistry analyzer includes two types, semi automated clinical chemistry analyzer, and full automated chemistry analyzer. fully automatic biochemistry analyzer means machine will finish all process automated, you only need to set up the parameters and put reagent and sample on the machine, then you can get a result on the computer. you can set the parameters and print out the result by printer. Check following links to see an operation video for the chemistry lab equipment clinical chemistry analyzer. operation video for the chemistry lab equipment clinical chemistry analyzer
semi automated clinical chemistry analyzer needs you change the reagent hand by hand, semi automated chemistry analyzer will finish parts of work, and you will need to finish parts of work with machine together. Check following links to see an operation video for semi automated clinical chemistry analyzer, operation video for semi automated clinical chemistry analyzer

chemistry analyzer Test Content, Liver:ALT,ALP,GGT,TP,AIb,TBIL,DBIL, Heart:LDH,CK,CK-MB,AST,a-HBDH, Lipids:CHO,TG,HDL_C,LDL_C, Lipoprotein:Apo A1,APO B,Lp(a), Kidney:BUN,CRE,UA, Lon:Na,Mg,Ca,K,P,Cl, Other:CO-CP,AMS,LIP,GLU,IgA,IgG,IgM,C,CRP

Reagent for chemistry analyzer, Open system can be used for any brand, Like Mindray, Beckmen and others.

What kind of Chemistry analyzer do you need for your Clinic or hospital ? What questions about Chemistry analyzer do you have ? Welcome to share and comment to us, then we will reply to you.

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The Earned Recognition Scheme and How it Can Make Haulage Jobs Safer

May 28 2023 Published by admin under Uncategorized

News of the new DVSA (Driver and Vehicle Standards Agency) Earned Recognition Scheme is rapidly spreading within the industry and, with confidence in the scheme high, if you consider yourself a responsible vehicle operator it’s definitely worth getting involved.
What is it?

The scheme is a way to support and maintain a safe road transport industry. The DVSA, alongside enforcement agencies, has been targeting hazardous and irresponsible HGV drivers in order to limit the amount of accidents that occur. High-risk drivers, if caught out, may have their licences withdrawn, consequently making our roads safer for anyone out there doing haulage jobs.

The IT based system monitors your driving to check whether you’re meeting a prescribed set of KPI’s (Key Performance Indicators). Every month the system reports back to the DVSA, and if any KPI’s have been missed, you are invited to work on what needs improving.

The Benefits

If you have a HGV and want to prove that you meet compliance standards, the ER scheme is a brilliant way to show you’re a safe and reliable operator. Plus, you will earn the creditable recognition marque, which you can use on your website.

The scheme is also extremely useful if you’re looking to gain new contracts, as it acts as an official sign that you have a higher level of compliance. Working closely with the DVSA also suggests that you, as a business, are committed to improving the standards of your drivers and vehicles; again firm evidence of a reputable company.

Not only this, but as an Earned Recognition operator you will be less likely to be stopped at the roadside for vehicle inspections, and also less likely to have enforcement staff from the DVSA visit your premises. This will save you both time and money in the long run, as your drivers will be able to carry out their haulage jobs and related work uninterrupted.

Are You Eligible?

To apply for Earned Recognition you must have held a licence for a HGV or PSV (Public Service Vehicle) for at least two years. In addition, you must not have had any regulatory action taken on any of your operator licences (besides a formal warning).

As well as this, you will only be eligible if you have digital management systems for both vehicle maintenance and drivers’ hours. This is so that KPIs can be tracked and monitored by the DVSA.

Extra Information

• There is no application fee • You can apply for recognition status at any time • You can monitor your own performance via the IT system • You will be alerted if you miss a KPI • You can leave the scheme at any time

Overall, the ER scheme is a great way to get your business noticed. By earning the recognition you will also be gaining the respect of traffic commissioners, regulators and fellow drivers. Not only that, but you will be helping to keep the roads free of high-risk drivers, and your haulage jobs will become quicker and safer.

Author Plate

Norman Dulwich is a Correspondent for Haulage Exchange, the leading online trade network for the road transport industry. Connecting logistics professionals across the UK and Europe through their website, Haulage Exchange provides services for matching haulage jobs with available drivers. Over 5,400 member companies are networked together through the Exchange to fill empty capacity, get new clients and form long-lasting business relationships.

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