Daily Life Finance’s Post

It's time for your monthly market recap! Here's Rob Roquitte, CFA, delivering his Market In-a-Minute for August! #MarketRecap #InvestmentInsights #NonprofitFinance #MarketUpdate #ECIO #CFA #AugustMarket #FinancialPlanning #EndowmentManagement #NonprofitInvesting #MarketCommentary

Dive into our newsletter for April which features the following key insights:   📊 New reporting requirements for Not-For-Profit entities.   ⚠️ Warning on SMSF asset valuations: Discover essential insights from the ATO to ensure your SMSF stays compliant.   💰 Budget 2024-25 is coming soon: We take a look at what to expect.   🛡️ Assault on professional services practices: Stay informed about the ATO's stance on profit diversion within professional services firms.   💼 Business valuation essentials: Understand the true value of your business and learn what sets high-value businesses apart.   🔍 Review of non-compete clauses: Explore the implications of Treasury's Competition Review on worker restraints. 📚 Click the article below to read in full… #Kidmansclientnewsletter #financialinsights #stayinformed #kidmanspartners

Another 5🌟 review from one of my lovely clients. "Ella takes time to get to know us, our circumstances and our priorities in the short, medium and long term. She has been proactive and pragmatic. She listens to what is important to us and then advises. I only wish I had moved across to her sooner!" Personal finance can be very emotive, that's why client testimonials are so important in my industry. People need to feel reassured that they are building relationships on the right footing and a personal recommendation helps reinforce that. Thanks again to my lovely client. #financialplanning #altrincham #hale #chartered #trustedadviser

🗓️ A quick IMPORTANT reminder: ⭐️Your (Public Information Report) PIR is an annual report! If you forgot to file, take care of it today via the Texas Comptroller’s Website. ⭐️ If your entity was formed in 2024, your first PIR is due on May 15th, 2025. Am I required to file this report? If you have a business in Texas, yes - most likely! Each taxable entity formed as a corporation, limited liability company (LLC), limited partnership, professional association and financial institution that is organized in Texas must file a Public Information Report (PIR) by May 15th of the year following formation. ‼️Be sure to file to avoid your LLC becoming forfeited. Please note that this is not the same filing as the BOI report with FinCEN. #publicinformationreport #compliance #llccompliance #businesscompliance #businessresources #annualreport #businesstips #texasregisteredagent #texasbusiness #houstonregisteredagent #dallasregisteredagent #llctips #businessformation #nonprofit #corporation

The Finance (No.-2) Act, 2024 has inserted a new section “12AC” with effect from the 1st day of April 2025. Any trust or institution registered under section 12AB or approved under sub-clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of section 10, as the case may be, can merge with another trust or institution, and the provisions of Chapter XII-EB (imposed an “exit tax”) shall not apply if – - The other trust or institution has same or similar objects; - The other trust or institution is registered under section 12AA or section 12AB or approved under sub-clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of section 10, as the case may be; and - The said merger fulfils such conditions as may be prescribed. Click on the link to read the Hindi version: https://bit.ly/3zdZIjD #doyouknow #kyaaapjaantehai #legalupdates #FMSF #stayupdated #nonprofit

Income earned from Leasing of Trust Building Is  Commercial Business Activity: ITAT upholds Cancellation of Registration [Read Order] Read More: https://lnkd.in/gT2u4Dn5 #income #trustbuilding #commercial #business #cancellationofregistration #taxscan #taxnews

𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝗔𝗻𝗰𝗶𝗹𝗹𝗮𝗿𝘆 𝗙𝘂𝗻𝗱𝘀? In this video, we break down ancillary funds, focusing on the key differences between public and private setups, such as governance, investment, and donor involvement. Find out which structure suits your philanthropic goals best! #charities #law #legal #lawfirm #business

Join us for our monthly market recap where Rob discusses the highlights and performance of the markets for January. #marketinaminute #investmentmanagement #ocio #nonprofits #marketcommentary https://lnkd.in/ggwdENcR

A company or charity who is bad at managing their money isn't a bad client for me. As a matter of fact, half the clients who hire us are doing so to specifically correct (and sometimes take over) their poor financial management and practices. All good. With these clients you can build processes and create access that takes all this into account. Here are the two scenarios, however, that can lead to unsuccessful results for these types of clients: (1) It's a personality thing. The owner, CEO or whoever just can't stop him or herself from reverting back to the same old problematic practices. (2) Lack of honesty. When the owner or CEO cannot admit or be open about his or her own failings then proper solutions can't be brought to light (let alone implemented) nor will there be a true appreciation for the solution and the work involved to fix the current financial challenges. N.B. Thanks to 🕵🏼♂️ Michael Zwick 🕵🏼♂️ for inspiring this post. #outsourcedFinanceDept #fractionalCFO #israel #smb