Invenio Business Solutions

LPL’s Newest Tax Planning Offering Helps Advisors Meet Growing Investor Demand for Holistic Advice

Retrieved on: 
Tuesday, October 24, 2023
Growth, LPL, Invenio Business Solutions, Tax, Tax advisor, Financial adviser

In response to the demand for strategic tax planning, LPL Business Solutions’ new Tax Planning Service pairs its dedicated tax professionals with advisors to consult and create proposals designed to improve their clients’ financial outcomes.

Key Points: 
  • In response to the demand for strategic tax planning, LPL Business Solutions’ new Tax Planning Service pairs its dedicated tax professionals with advisors to consult and create proposals designed to improve their clients’ financial outcomes.
  • “LPL’s Tax Planning Services can serve as an extension of the advisor’s team,” said Kraleigh Woodford, LPL, senior vice president, planning and advice services.
  • With Tax Planning [Services], advisors can now confidently deliver customized tax analysis and planning services to clients directly, instead of referring tax-related issues to accountants or other tax specialists.”
    As tax laws are continually changing, this new service enables advisors to have tax planning discussions with clients more confidently.
  • Tax Planning Services is just one of LPL’s comprehensive tax-related resources that is designed to assist our advisors with delivering holistic investment and tax management advice to their clients.

U.S. Navy Awards Sev1Tech $45 Million Contract for Logistics IT Support

Retrieved on: 
Thursday, October 5, 2023
Technology, Other Defense, Contracts, Security, Military, Software, Networks, Government Technology, Data Management, Defense, SoS, Engineering, PEO, Navy, LOG, Ship, Architecture, Information technology, Invenio Business Solutions, LINC, Arms industry, Overhaul, DevOps

Sev1Tech, a leader in providing information technology (IT), engineering, program management, C5ISR and cybersecurity systems integration and support services, was awarded a $45 million contract with the U.S. Navy’s Program Executive Office for Manpower, Logistics and Business Solutions (PEO MLB) to provide Logistics IT integration and support (LIIS) services.

Key Points: 
  • Sev1Tech, a leader in providing information technology (IT), engineering, program management, C5ISR and cybersecurity systems integration and support services, was awarded a $45 million contract with the U.S. Navy’s Program Executive Office for Manpower, Logistics and Business Solutions (PEO MLB) to provide Logistics IT integration and support (LIIS) services.
  • Over the next five years, Sev1Tech will integrate Naval Logistics IT (LOG IT) capabilities into an end-to-end System of Systems (SoS) solution using agile and DevSecOps methodologies.
  • “This is a tremendous opportunity to accelerate Naval logistics IT modernization efforts across Navy SYSCOM and fleet end users,” noted Bob Lohfeld, CEO at Sev1Tech.
  • The contract will ultimately support all Naval Systems Commands (SYSCOMS) and Naval Operational Forces, including ships, carriers, submarines, aviation squadrons, and expeditionary forces.

EQS-News: Austrian Post H1 2023: Revenue and earnings increase in the first half of 2023

Retrieved on: 
Thursday, August 10, 2023
Communication, Internal labor market, United Nations Joint Logistics Centre, Investment, Environment, Maintenance, Advertising, Letter, Oregon Corporations Division, Freedom, Parcel, Annual, Advertising mail, Paper, Growth, Consolidated, Uncertainty, Pressure, Employment, International, Post, COVID-19, Finance, Retail, Annual report, Consolidation, Depreciation, Priority, Österreichische Post, Financial services, North Bank Division, Income tax, EBIT, Message broker, CAPEX, EBITDA, Invenio Business Solutions, Vehicle registration plates of Nepal, Bank, Mail, Online shopping, Cargo, Tourism, Bookkeeping, Pharmaceutical industry, Cryptocurrency

The share of the Mail Division as a proportion of the total revenue generated by Austrian Post in the first half of 2023 amounted to 45.9 %.

Key Points: 
  • The share of the Mail Division as a proportion of the total revenue generated by Austrian Post in the first half of 2023 amounted to 45.9 %.
  • The Retail & Bank Division accounted for 5.9 % of Group revenue or EUR 76.5m in the first half of 2023.
  • In the first half of 2023, Letter Mail & Business Solutions revenue amounted to EUR 378.7m, implying a year-on-year increase of 0.9 %.
  • Nevertheless, Austrian Post still aims to generate earnings (EBIT) in 2023 at the same level as last year.

David VS Goliath: How a Small Olympia Washington Law Firm, NorthStar Law Group, P.S. Triumphed Over the IRS

Retrieved on: 
Thursday, June 22, 2023
Legal, Professional Services, IRS, Care Act 2014, Trust, Affordable Care Act, Multimedia, ACA, Research, Average revenue per user, Invenio Business Solutions, Internal Revenue Service, Cryptocurrency, Life insurance, Property management

The IRS alleged that ASAP Business Solutions failed to provide certain medical insurance information to its employees as required by the ACA, incurring a "failure to furnish" penalty.

Key Points: 
  • The IRS alleged that ASAP Business Solutions failed to provide certain medical insurance information to its employees as required by the ACA, incurring a "failure to furnish" penalty.
  • Additionally, the IRS claimed that the company neglected to notify the IRS that the necessary notification to employees had been completed, resulting in a "failure to file" penalty.
  • Undeterred by the magnitude of the case, Brown tirelessly investigated the circumstances and developed a compelling legal strategy.
  • Through extensive negotiations and persuasive arguments, Brown succeeded in reducing the penalties to $30,000 by the end of 2022.

EQS-News: AUSTRIAN POST IN 2022

Retrieved on: 
Thursday, March 16, 2023
Oregon Corporations Division, Acquisition, Advertising mail, Message broker, Vehicle registration plates of Nepal, Depreciation, Transport, CAPEX, Letter, Housing, Maintenance, Parcel, Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC, Internal labor market, Investment, EBITDA, EBIT, COVID-19, Communication, Employment, Environment, The, Post, Growth, Tax, Annual, Vaccination, Policy, Pressure, Retail, North Bank Division, Österreichische Post, Invenio Business Solutions, Bank, Cryptocurrency, Mail, Food delivery, Pharmaceutical industry, Real estate, Credit

3 Free cash flow before acquisitions/securities/money market investments, Growth CAPEX and core banking assets

Key Points: 
  • 3 Free cash flow before acquisitions/securities/money market investments, Growth CAPEX and core banking assets
    The Austrian Post Group’s revenue rose slightly by 0.1 % to EUR 2,522.0m in 2022.
  • Accordingly, 46.9 % of total operating expenses incurred by Austrian Post in 2022 were accounted for staff costs.
  • The Austrian Post Group had an average of 27,132 employees (full-time equivalents) in 2022, compared to an average of 27,275 employees in the same period of the previous year (–0.5 %).
  • On the equity and liabilities side of the balance sheet, the equity of the Austrian Post Group amounted to EUR 710.4m as at 31 December 2022 (equity ratio of 13.2 %).

PKF O'Connor Davies' Valerie Imondi Receives 2023 Hudson Valley Top Forty Under 40 Mover and Shaker Award

Retrieved on: 
Friday, March 10, 2023
PKF, Certified Public Accountant, Chapter, Dutchess County, New York, Commerce, Invenio Business Solutions, Hudson Valley

NEW YORK, March 10, 2023 /PRNewswire-PRWeb/ -- PKF O'Connor Davies, one of the nation's largest accounting, tax and advisory practices, is proud to announce that Valerie Imondi, Business Solutions Senior Manager, has been honored with a Hudson Valley Top Forty Under 40 Mover and Shaker Award by the Dutchess County Regional Chamber of Commerce. Imondi has also been elected the next President of the Mid-Hudson Chapter of the New York State Society of Certified Public Accountants (NYSSCPA).

Key Points: 
  • Imondi has also been elected the next President of the Mid-Hudson Chapter of the New York State Society of Certified Public Accountants (NYSSCPA).
  • "I applaud Valerie for this well-deserved recognition as a 'Mover and Shaker,' and I trust that our local NYSSCPA chapter will benefit greatly from her enhanced leadership role."
  • The Hudson Valley Top Forty Under 40 Mover and Shaker Awards are presented annually to 40 professionals under the age of 40 who have demonstrated a strong commitment to the Hudson Valley region.
  • The Mid-Hudson Chapter of the NYSSCPA is the professional association's regional representation in the Greater Hudson Valley.

NV5 Acquires Axim Geospatial, a Leading Provider of Geospatial Solutions to Support Defense and Utilities

Retrieved on: 
Thursday, February 23, 2023
Cloud, Invenio Business Solutions, Software as a service, Intelligence, PE, Security, Acquisition, Information system, NV5, GIS, Infrastructure, Risk management, Axim

HOLLYWOOD, Fla., Feb. 23, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired Axim Geospatial (“Axim”).

Key Points: 
  • HOLLYWOOD, Fla., Feb. 23, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired Axim Geospatial (“Axim”).
  • Axim expands NV5’s capabilities in the federal defense and intelligence sectors and strengthens NV5’s leadership position in geospatial utility solutions.
  • “Since first entering the geospatial market in 2017, NV5 has expanded its capabilities in geospatial data analytics, subscription-based geospatial software, SaaS service models, and proprietary, tech-enabled data acquisition to become the nation’s leading provider of geospatial data solutions,” said Dickerson Wright, PE, Chairman and CEO of NV5.
  • “The acquisitions of Axim and L3Harris’ commercial geospatial technology and software business have made NV5 the leader in geospatial solutions for the defense and intelligence community and strengthened NV5’s existing federal geospatial team.”
    “Axim Geospatial is proud to join NV5.

Riyad Bank goes live in the Kingdom of Saudi Arabia with the E-invoicing ZATCA integration; enabled by SunTec Xelerate

Retrieved on: 
Monday, February 20, 2023
Professional Services, Data Management, Technology, Finance, Software, Fintech, GCC, KSA, Invenio Business Solutions, Gulf Cooperation Council, Authority, Federal Customs Authority, Riyad Bank, Tax, Online shopping, Kingdom, Zakat

Along with Riyad Bank, SunTec is also working closely with the top five banks in the region to seamlessly integrate the e-invoicing solution with ZATCA's platform (FATOORA) under Wave 2 E-invoicing.

Key Points: 
  • Along with Riyad Bank, SunTec is also working closely with the top five banks in the region to seamlessly integrate the e-invoicing solution with ZATCA's platform (FATOORA) under Wave 2 E-invoicing.
  • Amit Dua, President at SunTec said, “We are truly delighted to have implemented the e-invoicing regime and ZATCA integration at Riyad Bank.
  • To learn more about how SunTec can help your bank stay compliant with e-Invoicing ZATCA phase II integration, download this eBook .
  • This aims to assist the Kingdom in developing into a significant global logistics hub by promoting trade and maintaining national security.

EQS-News: Österreichische Post AG: AUSTRIAN POST IN Q1–3 2022: Good quarterly development in a challenging market environment

Retrieved on: 
Friday, November 11, 2022
Income tax, Internal labor market, Employment, Priority, Parcel, CAPEX, Loss, Oregon Corporations Division, North Bank Division, Growth, Letter, Pressure, Retail, Investment, Motor vehicle, Review, Message broker, Finance, Depreciation, Acquisition, Communication, COVID-19, Invenio Business Solutions, Post, ING, Environment, Efficiency, Austrian Federal Computing Centre, Paper, Österreichische Post, EBIT, Time, Advertising mail, EBITDA, Financial services, Bank, Video game, Mail, Pharmaceutical industry, Real estate, Group, Income

Direct Mail accounted for 27.0% of the total divisional revenue, and Media Post had a 10.1% share.

Key Points: 
  • Direct Mail accounted for 27.0% of the total divisional revenue, and Media Post had a 10.1% share.
  • Revenue from Media Post, i.e., the delivery of newspapers and magazines, increased by 3.7% from the prior-year period to EUR90.3m.
  • Group EBIT in the first three quarters of 2022 declined from EUR144.0m to EUR125.3m and was impacted by the current challenging market environment.
  • This corresponds to a year-on-year decrease of 27.9% and is primarily attributable to the challenging business environment in the Turkish market.

Adorama Business Solutions Announces Employee Engagement Program for Public and Private Organizations

Retrieved on: 
Thursday, November 10, 2022
Sony, Nikon, Shure, JBL, Organization, Technology, DJI, Electronics, Fortune 500, HP, Xerox, Computer, Solution, Black Magic, Eastman Kodak Co. v. Image Technical Services, Inc., Employee engagement, Adorama, CPAS, Invenio Business Solutions, Panasonic, Virtual reality, Apple, HTC, RED, Health insurance, Pelican, Canon, Profoto, Freefly Systems, Google

NEW YORK, Nov. 10, 2022 /PRNewswire/ -- Adorama Business Solutions, the premier technology resource for public, private, and federal institutions, announced its new Employee Engagement Program, offering enterprise discounts on technology and electronics products to enrolled organizations' employees. The Adorama Business Solutions Employee Engagement Program is available to all businesses with no set-up costs, membership fees, user limitations, or minimum required spend. 

Key Points: 
  • NEW YORK, Nov. 10, 2022 /PRNewswire/ --Adorama Business Solutions, the premier technology resource for public, private, and federal institutions, announced its new Employee Engagement Program, offering enterprise discounts on technology and electronics products to enrolled organizations' employees.
  • The Adorama Business Solutions Employee Engagement Program is available to all businesses with no set-up costs, membership fees, user limitations, or minimum required spend.
  • Adorama Business Solutions helps public, private, and federal institutions communicate more vividly, efficiently and effectively with pioneering technology solutions.
  • Find out more about the benefits of working with Adorama Business Solutions at www.adorama.com/business.