Circuit

The U.S. Supreme Court Agreed with Precedent Set by Taylor Nelson Amitrano LLP and Determined The Maximum Non-Willful Penalty For A Late-Filed FBAR Is $10,000

Retrieved on: 
Thursday, March 2, 2023

SANTA ANA, Calif., March 1, 2023 /PRNewswire-PRWeb/ -- Taylor Nelson Amitrano LLP, a prominent tax controversy firm located in Santa Ana, CA, is pleased to announce that the U.S. Supreme Court, in the case of Bittner v. U.S., resolved a circuit split and agreed with the precedent set by Taylor Nelson Amitrano LLP, in its 9th Circuit Court victory in the matter of U.S. v. Boyd. In doing so the U.S. Supreme Court made clear that the maximum penalty for failing to timely file an FBAR is $10,000 per year if the failure to file is not willful.

Key Points: 
  • The decision resolves a circuit split and follows the precedent set by the firm's victory in the matter of U.S. v. Boyd in the 9th Circuit Court.
  • In doing so the U.S. Supreme Court made clear that the maximum penalty for failing to timely file an FBAR is $10,000 per year if the failure to file is not willful.
  • Because of the Circuit split between the 5th Circuit and 9th Circuit Court of Appeals, Bittner appealed to the U.S. Supreme Court who granted certiorari.
  • In ruling in favor of Bittner, the U.S. Supreme Court referenced the 9th Circuit Court of Appeal decision in Boyd.

Stagwell Revs Up for SXSW 2023 to Explore Brand Fandom, Generative AI, Immersive Experiences and More

Retrieved on: 
Wednesday, March 1, 2023

NEW YORK and AUSTIN, Texas, March 1, 2023 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, is gearing up for its biggest South by Southwest Festival (SXSW) presence to date with programming ranging from official panels to side-stage conversations to special events. Stagwell network leaders from Assembly, Brand Performance Network, Code and Theory, GALE, KWT Global, MMI Agency, National Research Group (NRG), Stagwell Marketing Cloud, and YML will explore artificial intelligence, advertising, marketing, emerging tech, fandom, public relations and communications, sports innovation, sustainability, and other buzzing topics.

Key Points: 
  • - Stagwell Chairman & CEO Mark Penn
    "SXSW sets the tone for the creative and cultural trends that define the year ahead," said Stagwell Chairman and CEO Mark Penn.
  • 4PM: Stagwell, in partnership with Sportico, will host cocktails to commemorate the kickoff of SXSW at the Four Seasons Hotel.
  • 4-4:30PM: How Trust Impacts Fandom in Immersive Experiences: The immersive fan experience isn't just a hype-cycle XR, VR, or the metaverse.
  • Tune into the SXSW official podcast channel throughout the day for Stagwell and Infinite Reality's 4-part series on trends in the metaverse.

Pit Boss Returns as Entitlement Sponsor for NASCAR Xfinity Series Race with USA TODAY Joining in Presenting Role

Retrieved on: 
Tuesday, February 28, 2023

AUSTIN, Texas, Feb. 28, 2023 /PRNewswire/ -- Pit Boss® Grills is returning as the lead entitlement sponsor while new partner USA TODAY will serve in a presenting role of the NASCAR Xfinity Series (NXS) race that is part of the March 24-26 NASCAR tripleheader weekend at Circuit of The Americas (COTA) in Austin, Texas.

Key Points: 
  • Pit Boss® Grills returns as sponsor, USA TODAY to serve in presenting role during NASCAR weekend at COTA, March 24-26.
  • The newly-rebranded Pit Boss 250 presented by USA TODAY will take place Saturday, March 25 beginning at 4 p.m. CT.
  • While Pit Boss® Grills is no stranger to the NASCAR at COTA NXS race, USA TODAY is a new addition.
  • "USA TODAY is thrilled to take part in the NASCAR Xfinity Series," said Vice President of Sports Partnerships at Gannett | USA TODAY Network Michael Flanagan.

TMT Racing Announces Conor Daly to Attempt to Qualify for the 2023 Daytona 500 and Race Up to Six Additional NASCAR Races

Retrieved on: 
Tuesday, February 7, 2023

TMT Racing, which is co-owned by boxing Hall of Famer Floyd Mayweather, is excited to announce that driver Conor Daly will attempt to qualify for the 2023 Daytona 500.

Key Points: 
  • TMT Racing, which is co-owned by boxing Hall of Famer Floyd Mayweather, is excited to announce that driver Conor Daly will attempt to qualify for the 2023 Daytona 500.
  • "We are thrilled to announce that Conor will be attempting to run in the 2023 Daytona 500," said TMT Racing co-owner, Willy Auchmoody.
  • "I am thrilled to be given the opportunity to attempt to run in the Daytona 500," said Conor Daly.
  • The entire TMT Racing and BITNILE.COM teams are excited to support Conor in this endeavor and can't wait to see him take on the challenge of the Daytona 500.

UniFirst Unveils Paint Scheme for Chase Elliott's 2023 NASCAR Cup Series Ride

Retrieved on: 
Thursday, February 9, 2023

WILMINGTON, Mass., Feb. 9, 2023 /PRNewswire/ -- UniFirst Corporation (NYSE:UNF), a North American leader in providing customized business uniform programs, facility service products and first aid and safety services, in partnership with 14-time NASCAR Cup Series champions Hendrick Motorsports, revealed the all-new race car paint scheme for the No.

Key Points: 
  • WILMINGTON, Mass., Feb. 9, 2023 /PRNewswire/ -- UniFirst Corporation (NYSE:UNF), a North American leader in providing customized business uniform programs, facility service products and first aid and safety services, in partnership with 14-time NASCAR Cup Series champions Hendrick Motorsports, revealed the all-new race car paint scheme for the No.
  • The car will once again be piloted by NASCAR's five-time Most Popular Driver and 2020 Cup Series champion Chase Elliott in three races during the 2023 season.
  • The dynamic new paint scheme will feature the company's distinctive signature green color and logo designs accompanied by racing-inspired black and white accents on the car's exterior.
  • "We're loving the new 2023 paint scheme and excited to hit the track with Chase and the entire No.

Aearo and 3M Maintain Focus on Resolving Combat Arms Litigation

Retrieved on: 
Friday, February 3, 2023

Aearo and 3M intend to continue to engage in mediation discussions toward a global resolution working with all parties, the mediators, and the courts.

Key Points: 
  • Aearo and 3M intend to continue to engage in mediation discussions toward a global resolution working with all parties, the mediators, and the courts.
  • The motion to dismiss has no immediate impact on these ongoing efforts to resolve the litigation.
  • Aearo and 3M will continue to vigorously defend their position regarding this motion, in the multi-district litigation, and in pursuing their appeals.
  • We are proud of our commitment to keeping our military safe through the supply of 3M products and we will continue to defend the product at issue in this litigation.

Grundéns Renews Sponsorship with MLF and Adds Athletes

Retrieved on: 
Friday, January 27, 2023

POULSBO, Wash., Jan. 27, 2023 /PRNewswire/ -- Grundéns, producer of the world's leading fishing apparel and footwear, today continues its commitment to the bass community by renewing its sponsorship of Major League Fishing (MLF) and expanding its ambassador roster of MLF pros. Grundéns will continue to be the exclusive footwear sponsor of the Bass Pro Tour and the MLF5 Circuits while adding three new ambassadors, Jonathon VanDam, Randall Tharp, and Dennis Berhorst. The brand will also have a strong presence at the MLF REDCREST event, showing off its apparel and footwear at the REDCREST Expo.

Key Points: 
  • The brand will also have a strong presence at the MLF REDCREST event, showing off its apparel and footwear at the REDCREST Expo.
  • Grundéns is the presenting sponsor of the first Bass Pro Tour stop at the Kissimmee Chain of Lakes on February 13-18, 2023.
  • This accomplished group of athletes has amassed over $9 million in career earnings and 34 MLF wins.
  • He currently fishes in the MLF Toyota Series and MLF Phoenix Bass Fishing league.

Firan Technology Group Corporation (“FTG”) Announces Full Year and Fourth Quarter 2022 Financial Results

Retrieved on: 
Wednesday, February 8, 2023

For FTG in 2022, overall sales increased by $10.3M or 13% from $79.4M in 2021 to $89.6M in 2022.

Key Points: 
  • For FTG in 2022, overall sales increased by $10.3M or 13% from $79.4M in 2021 to $89.6M in 2022.
  • The average foreign exchange rate in 2022 was 3% (4 cents) higher than in 2021, with a positive impact on sales of $2.7M.
  • In our fourth quarter, sales were $23.8M, an increase of $3.4M or 16.8% over Q4 2021.
  • In Q4 2022, government subsidies were $nil as compared to $0.3M in the prior year quarter.

Hali Marsocci Joins Lucas, Macyszyn & Dyer Law Firm in Tarpon Springs, Florida

Retrieved on: 
Friday, January 27, 2023

TARPON SPRINGS, Fla., Jan. 27, 2023 (GLOBE NEWSWIRE) -- The law offices of Lucas, Macyszyn & Dyer are pleased to welcome Ms. Hali Marsocci, Esq., to their team of experienced legal professionals.

Key Points: 
  • TARPON SPRINGS, Fla., Jan. 27, 2023 (GLOBE NEWSWIRE) -- The law offices of Lucas, Macyszyn & Dyer are pleased to welcome Ms. Hali Marsocci, Esq., to their team of experienced legal professionals.
  • While attending law school, Hali worked as a law clerk for the Office of the State Attorney for the 19th Judicial Circuit in Fort Pierce, Florida, and the Guardian Ad Litem Program in Port Saint Lucie, Florida.
  • She completed legal studies and earned her Juris Doctorate from Florida Coastal School of Law in Jacksonville, Florida, and her Bachelor of Business Administration from Stetson University in DeLand, Florida.
  • Before joining Lucas, Macyszyn, & Dyer, Ms. Marsocci served as a personal injury lawyer at a premier law firm in West Palm Beach, handling complex cases at a local and national level.

Announcing the return of the Porsche Esports Sprint Challenge Canada in 2023

Retrieved on: 
Tuesday, January 24, 2023

Toronto, ON, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Porsche Canada announces the fourth edition of its Esports Sprint Challenge one-make series in 2023, which offers sim racers the opportunity to compete virtually on the iRacing.com platform to win prizes including getting behind the wheel of a real-life Porsche on track.

Key Points: 
  • Toronto, ON, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Porsche Canada announces the fourth edition of its Esports Sprint Challenge one-make series in 2023, which offers sim racers the opportunity to compete virtually on the iRacing.com platform to win prizes including getting behind the wheel of a real-life Porsche on track.
  • This season will see the involvement of all Porsche Centres across Canada, each represented by a team of two drivers.
  • Notable Porsche partners will join the virtual series with awareness on the virtual cars and prize inclusions again this year.
  • “The Porsche Esports Sprint Challenge Canada aptly brings Porsche one-make racing to the digital realm for enthusiasts of all ages to engage in motorsport from the comfort of their homes," said John Cappella, President and CEO, Porsche Cars Canada, Ltd. “We are especially delighted to have the Porsche Centre Teams competing this season, heightening the on-track enthusiasm.