There are several scary missives people dread seeing when they open up their mailboxes. An overdue notice, a summons for jury duty, or a traffic ticket are all unpleasant discoveries. But none of them can compare with an IRS Notice of Levy.

An IRS Notice of Levy is the single most frightening letter the most frightening collection agency on earth sends out. If you receive one, it probably means the agency has lost patience with you. Perhaps you missed a payment of your payment plan for taxes or you have been ignoring their letters and/or calls. Whatever the reason, the IRS has determined that they need to take aggressive action in order to collect your tax debt. What does this mean?

A tax levy gives the IRS the legal right to seize your property to satisfy your debt. They can take your car, your boat, even your home. These items will then be sold at public auction. But that’s not all. The IRS can also seize your bank accounts and garnish your wages and social security benefits. They don’t play around. When the IRS determines that you will not pay, the gloves come off.

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What can you do?

According to the conditions set forth by the US Congress, the Internal Revenue Service cannot seize a taxpayer’s property until it has sent him a Notice and Demand for Payment. If this correspondence is ignored, the agency will deliver a Final Notice of Intent to Levy and Notice of Your Right to a Hearing. As we mentioned earlier, this is the most serious letter the IRS mails out. A taxpayer has just 30 days to answer this notice before the IRS gains the legal right to seize personal property and assets.

The best advice we can give you is to never let the tax levy process get started. Once it has begun, it can be difficult to reach a favorable agreement with the IRS. Like any other creditor, the agency is far less likely to negotiate with a debtor who has repeatedly ignored their requests for payment. The best thing you can do is to deal with the problem as soon as you receive the first letter, the Notice and Demand for Payment. The IRS is far more likely to listen if you take positive steps to settle your tax debt before the levy process begins.

It is important to contact an experienced tax advisor as soon as possible. These trained professionals will speak with the IRS on your behalf and will attempt to stop the tax levy process in its tracks. We won’t lie to you; it may be an uphill battle. But a talented tax advisor may be able to convince the IRS not to take your stuff. If he can convince them that you are serious about paying your back taxes, he may be able to negotiate a payment plan for taxes that includes manageable monthly payments.

Article Source: sooperarticles.com/finance-articles/what-do-if-you-receive-irs-notice-levy-548213.html

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For more information about IRS debt, IRS lien help, and IRS problems help please visit Txmstr.com. Author: Dori Faxton



Thursday, October 9, 2008

Iceland’s Financial Services Authority has nationalised the Kaupthing Bank as a response to the financial crisis which may result in a total collapse of the nation’s economy.

Kaupthing, together with Glitnir Bank and Landsbanki, owe a total of US$61 billion, which is twelve times the estimated size of the economy of the Nordic country. The Financial Services Authority says Iceland will guarantee all domestic deposits and aims to provide a “functioning domestic banking system” by management of the banks.

Iceland has asked for aid to Russia and the International Monetary Fund for loans to help guarantee these deposits. Icelandic equity markets have been closed until October 13 due to “unusual market conditions” and the Icelandic krona now appears to have itself failed after the collapse of an attempt to fix the exchange rate at 131 Krona to the euro.

According to Nordea Bank, Scandinavia‘s biggest lender, there was no trading of krona on the spot market today. The most recent figure for exchange is 340 to the euro, compared to 122 last month. Thomas Haugaard Jensen, an economist of Svenska Handelsbanken in Copenhagen, indicated the Icelandic economy seems to be at the verge of a “total collapse,” and predicted it will take several years before Iceland’s economy recovers enough for it to return to growth.

Kaupthing itself requested the national takeover, which leaves most of the nation’s banking sector under state control. The bank’s board have resigned and left the authorities in control of the bank. The bank also has affiliates both in Sweden and Finland. Swedish Kaupthing Bank Sverige claimed to be unaffected, but Finland’s Financial Services Authority temporarily shut down the Finnish affiliate.



Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.



Wednesday, May 16, 2007

The Thomson Corporation and Reuters Group PLC announced Tuesday that they have agreed to combine the two companies. The boards of both Thomson and Reuters will recommend the merger to their shareholders.

The Canadian Thomson-family holding company Woodbridge, which controls 70% of Thomson, has agreed to vote in favour of the deal and the Reuters Founders Share Company, which controls a special share in Reuters, will also support the merger.

Based on the TSX CA$46.36 closing share price of Thomson on May 14, 2007, each Reuters share would be valued at 691 pence and, therefore, the full capital of Reuters valued at approximately £8.7 billion. Cash requirements for the deal are to be provided by Thomson. Woodbridge will own approximately 53 percent of the combined company, other Thomson shareholders 23 percent and Reuters shareholders about 24 percent.

The merger arrangement will leave two separate companies that will be operated as a single entity. The boards of the two companies will be identical as will the senior executive management team. Thomson will be renamed to Thomson-Reuters Corporation, and will be listed on both the TSX and the NYSE. Thomson-Reuters PLC will list on the London Stock Exchange and the NYSE.

Reuters current CEO, Tom Glocer, will become CEO of the combined company while Thomson President and CEO Richard J. Harrington will retire at the completion of the merger.

Thomson has currently 32,000 employees worldwide, with operations in 37 countries and revenues of US$6.6 billion in 2006. Thomson’s major business operations centre around financial information and legal services, with smaller ventures in tax accounting, health care, and the scientific field. Thomson is headquartered in Stamford, Connecticut, in the United States.

Reuters is one of the world’s largest news agencies, with a total of 16,800 staff in all divisions, but derives more than 90 percent of its revenue from its financial service business. It is the merger of Thomson and Reuter’s financial services divisions that may have been the genesis of the talks. It has been suggested that both companies wanted a better economy of scale to compete with Bloomberg, the American financial services giant.

“We are enormously proud of the evolution of The Thomson Corporation and the value it has created for all our shareholders,” said David Thomson, Chairman of Thomson. “We recognize the rich history of Reuters and are committed to uphold the Reuters Trust Principles.”

The chairman of Reuters, Niall FitzGerald, expressed his satisfaction with the merger. “The shared expertise and complementary strengths of these two companies makes for a strategically compelling and financially attractive combination,” said FitzGerald in a joint press release. “I am especially proud that Reuters journalism will continue to be governed by the powerful Reuter Trust Principles of independence, integrity and freedom from bias.”

The new company is projecting efficiencies of greater than US$500 million per year, by the end of the third year after closing the deal.

Criticisms were raised by Reuters journalists, who voiced concerns in an open letter to the Reuters Founders Share Company. They worried whether or not “a reconstituted Reuters would maintain the high standards of journalism and the integrity, independence and freedom from bias that have shaped the company’s 156-year-old reputation.”

It is expected that the merger will draw the attention of regulators due to the size and nature of the transaction. “Antitrust authorities in Europe and the U.S. are almost certain to apply a more detailed and lengthy review of the acquisition than is typical, because of the limited number of companies that supply prices, data, news and financial tools,” said Simon Baker, analyst, Credit Suisse in London.



Dental Marketing — the Key for a Dental Practice Success

by

IC

When it comes to business, proper marketing is key for success, this applies to every single vertical out there regardless of how it is organized and managed, today we’re going to talk about dental marketing. Dentistry as a whole is a great science and is also a great business, every year more and more people are turning to the dentist’s not only to keep good oral health but to have cosmetic procedures done which will enhance the way they look and improve their social life.

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The industry of beauty and cosmetics has thrived ever since the invention of the TV, people are becoming more aware of the way they look in order to fit in with the rest of the society, many times the expectations are very unrealistic because they are simply not achievable, this last sentence refers to surgery which involves altering the look of a person’s body however, when it comes to Dentistry there are several procedures which can be done in order to radically change the way a patient’s smile looks which is one of the reasons why Dentistry is such a marketable field.

Dentists have always been feared because of common misconceptions and stereotypes, in order for a dentist practice to succeed those involved in the business must become active with the society they interact with in order to educate them and make them aware of the changes in technology which makes things easier and a lot less painful than it was 50 to a hundred years before, a good Dentistry marketing strategy must provide a way to demystify all or most of the aspects which keep people away from going to the dentist.

Dental marketing is a great field which is in charge of advertising a health/beauty related business to people who might be afraid of dental procedures hence neglecting their oral health. In this day and age the best marketing strategy would divide the efforts among the two main mediums of communication used today, the most traditional and known method is off-line local advertising which involves running advertisements on newspapers, TV, radio and becoming involved with the community; the second step would be to market the business to the web to prospects were looking for specific services which are offered at a dental practice for instance, some dentists may specialize in orthodontics and others in cosmetic dentistry, even though they both are in the same scientific field they are marketed in totally different ways which is why she did the right strategy within the right niche will provide the best return on the investment.

Thefreshuk.com provides more information about

dental marketing

as well as information regarding

dentists in Liverpool

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Dental Marketing — the Key for a Dental Practice Success

}



Monday, October 11, 2010

Wikinews interviewed author Amy Scobee about her book Scientology – Abuse at the Top, and asked her about her experiences working as an executive within the organization. Scobee joined the organization at age 14, and worked at Scientology’s international management headquarters for several years before leaving in 2005. She served as a Scientology executive in multiple high-ranking positions, working out of the international headquarters of Scientology known as “Gold Base”, located in Gilman Hot Springs near Hemet, California.



Wednesday, October 17, 2007

The American satirist Stephen Colbert has announced that he will run for the Presidency of the United States. He made his announcement on his mock news show The Colbert Report.

However, Colbert said that he would only run in his home state of South Carolina as a favorite son. He also said that he would represent both major political parties: the Republicans and the Democrats. It is not known how far Colbert will go with his character during his electoral run.

Colbert has hosted The Colbert Report, a spin-off to another satirical television series, The Daily Show, since its creation in 2005. “I didn’t have a job back then. I wonder what it was like to have a job back then. I am sure I could ask a dentist or a surgeon. He would know.” On the show he plays a right-wing political pundit, based on real-life pundits such as Bill O’Reilly and Stone Phillips. Colbert has been credited with popularizing certain words such as “Truthiness”, meaning to believe something intuitively, without regard for actual facts, logic or evidence.

Filling in for New York Times columnist Maureen Dowd on Sunday, Colbert wrote: “I am not ready to announce yet — even though it’s clear that the voters are desperate for a white, male, middle-aged, Jesus-trumpeting alternative.”



06 24th, 2017

Defining a Wet Kit

by

James Handrousen

Trucks and semi-trucks that have Power Take Off (PTO) often use wet kits. When the truck has a hydraulic pump, that pump depends on the PTO to make it start. The hydraulic pump is used for cranes, booms, and other similar type accessories. These accessories depend on the hydraulic pump to function.

Wet kits are made of several different parts, which include the PTOs, pumps, control valves, filters, reservoirs (tanks), and sometimes, hydraulic hoses and fittings. Once the hydraulic pump has been initiated by the PTO, it will begin to push hydraulic fluid into the hoses, which lead to the cylinders. At this point, it is possible to lift the loads and carry out any other operations. Once the loads have been lifted, the discharged fluid is sent back into the reservoir, which is then recycled back into the hydraulic pump to be carried through again.

Several manufacturers make entire wet kit machines. If you prefer, you can choose to buy single parts of the machine. There are other kinds of wet kits, or what are sometimes referred to as wetline kits, that you can purchase. These are:

1.Wetline kits for dumper trailers Up to 3000psi of pressure can be made with this wetline kit for dumpers, and it includes a control valve and a single acting cylinder. If you choose, you can have a kit made specific to your needs.

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2.Wetline kits for utility trailers It is possible to make high pressures for low flow of the fluids with these wetline kits.

Many other wetline kits offer other capacities for various purposes. More often than not, the customer has these made specific to their needs. The hydraulic pump and the flow of the hydraulic fluid determine the pressure in these systems. The reservoir increases with the amount of increase in the flow of the hydraulic fluid.

Wetline kits come in different sizes. The customer determines the exact size for their needs. It is recommended that the customer talk with the manufacturer personally so that all the requirements can be detailed and explained before buying the wetline kit. The manufacturer can recommend the wetline kit that will suit all requirements.

Controlling the flow of the hydraulic fluid can be determined by the different arrangements of the hydraulic pump (dump pump). Such arrangements can include:

1.Two line dump pump system Useful for the dump trailer that makes use of the system irregularly, the dump pump and control valve work together as one unit.

2.Three line dump system Once again, this system has the hydraulic pump and the control valve together as one. This one can be used for dump trailers that depend on them to run constantly.

3.Separate pump and control valve system The hydraulic pump and the control valve are not connected and work separately from one another in this system.

Other functions of wetline kits are also available. You should speak with a consultant from the manufacturer to determine the precise requirements for your system and to find out which systems will work best for your purposes.

James Handrousen knows more about

truck bodies

. As a small business owner with several trucks of his own, he has purchased multiple wet line kits, all of which were custom made for his company. Learning about truck equipment and

California truck bodies

took some time, but James has never regretted being knowledgeable about Sacramento hydraulics.

Article Source:

Defining a Wet Kit }



Monday, February 12, 2007

Cars drove home the big prize last night, from the 34th Annual Annie Awards. The animation industry’s highest honor, ASIFA-Hollywood’s Annies recognise contributions to animation, writing, directing, storyboarding, voice acting, composing, and much more.

As mentioned, Pixar took home the big prize last night, after facing stiff competition from four other Happy Feet, Monster House, Open Season, and Over the Hedge.

But the biggest winner of the night didn’t get a “Best Animated Feature” nod at all. Flushed Away won five feature animation categories including Animated Effects (Scott Cegielski), Character Animation (Gabe Hordos), Production Design (Pierre-Olivier Vincent), Voice Acting (Sir Ian McKellan as Toad), Writing (Dick Clement, Ian La Frenais, Chris Lloyd, Joe Keenan, and Will Davies).

Over The Hedge won awards for Directing (Tim Johnson and Karey Kirkpatrick), Storyboarding (Gary Graham), and Character Design (Nicolas Marlet).

Of little surprise, Randy Newman won an Annie for Cars in the “Music in an Animated Feature Production” category. Newman has won many Oscars for his movie music, and has a nomination this year for the song “Our Town“. Newman didn’t attend the Annies, instead picking up a Grammy for “Best Song Written For Motion Picture, Television Or Other Visual Media”.

DisneyToon Studios’ Bambi II won “Best Home Entertainment Production”, while “Best Animated Short Subject” went to Blue Sky Studios’ No Time For Nuts, which is based on Ice Age.

“Best Animated Video Game” went to Flushed Away The Game, while a United Airlines ad named “Dragon” won a “Best Animated Television Commercial” Annie for DUCK Studios.



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06 24th, 2017

Monday, July 18, 2005

An 11-year-old girl faces serious assault charges in California after casting a stone at a group of boys who were throwing water balloons at her. In April, Maribel Cuevas was apprehended by Fresno, California police and spent five days in a detention center after throwing the object at the group of boys who bombarded her with water balloons as she walked down the sidewalk. A 9-year-old boy was hit with the stone, and suffered a wound to his head requiring medical assistance.

Since then, Cuevas has spent one month under house arrest pending court. Cuevas’ lawyer, Richard Beshwate, told the BBC that “They [Fresno police] are treating her like a violent parole offender. It’s not a felony, it’s an 11-year-old acting like an 11-year-old.”

Fresno Police Sergeant Anthony Martinez told reporters: “We responded. We determined a felony assault had taken place and the officers took the actions that were necessary.” Cuevas is due back in court next month on felony assault charges.

The girl was placed in juvenile hall during her five-day detention, with only one 30-minute visit from her parents. She was then placed under a 30 day house arrest and required to wear an electronic monitoring bracelet. The house arrest allowed the girl to attend school.

Maribel, who knows very little English, said that the boy initiated the conflict — the boy also admitted as much.



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