SYS-CON MEDIA Authors: Pat Romanski, Esmeralda Swartz, Liz McMillan, AppDynamics Blog, Skytap Blog

News Feed Item

ProfNet Experts Available on Taxable Accounts, Corporate Inversion, More

Also in This Edition: Jobs for Writers and Media Industry Blog Posts

NEW YORK, Sept. 2, 2014 /PRNewswire/ -- Below are experts from the ProfNet network that are available to discuss timely issues in your coverage area. If you are interested in interviewing any of the experts, please contact them via the contact information at the end of the listing. To receive these updates by email, send a note to [email protected] with the industries you cover, and we'll add you to the appropriate edition. 

If you are in need of additional experts, you can also submit a query to the hundreds of thousands of experts in our network. You can filter your request by institution type and geographic location to get the most targeted responses. The best part? It's free! Just fill out the query form to get started.

If you have any questions or need assistance with any aspect of ProfNet, please drop us a note at [email protected].

EXPERT ALERTS

  • Using a Taxable Account Rather Than an IRA
  • U.S. Tax Policy and Corporate Inversion
  • Russian Sanctions Cut Both Ways

MEDIA JOBS

  • Reporter - Debtwire (NY)
  • Writer/Editor - Tech.pro (TX)
  • Assistant News Director - The Associated Press (AZ)

OTHER NEWS & RESOURCES

  • Timeless Storytelling Tips From Former PR Newswire Features Editor Fred Ferguson
  • Did You See That Press Release?
  • ProfNet Success Story: Dana Manciagli, Global Career Expert

EXPERT ALERTS:

Using a Taxable Account Rather Than an IRA
Bijan Golkar, CFP(R)
Vice President/Senior Advisor
FPC Investment Advisory, Inc.
Imagine grabbing a cookie from the cookie jar and finding a shockingly large tax bill attached. That, in a nutshell, is what's happening to far too many wealthy retirees today. These retirees aren't reaching for cookies, of course -- they're tapping their IRAs to pay for somewhat spontaneous expenses such as new cars or family vacations. In some cases, they're withdrawing retirement funds to pay for emergencies or unanticipated medical expenses. But in turning to their IRAs for funds beyond what they'd planned, these retirees are inadvertently pushing themselves into higher tax brackets and setting up staggering tax bills. Says Golkar: "Funding a taxable brokerage account may seem a bitter pill to swallow given the appeal of tax-deferred accounts. But the numbers don't lie: Using a taxable account rather than your IRA to pay for unanticipated expenses in retirement can create significant tax savings."
Golkar has been quoted in The Wall Street Journal, Forbes, U.S. News & World Report, Yahoo Finance, The Fiscal Times, Bankrate, MoneyUnder30.com and DepositAccounts.com. He is located in San Francisco.
ProfNet Profile: http://www.profnetconnect.com/bijangolkar
Website: http://www.FPCWealth.com
Media Contact: Steve Garmhausen, [email protected]

U.S. Tax Policy and Corporate Inversion
Michael Faulkender
Associate Professor of Finance
University of Maryland's Robert H. Smith School of Business
"Burger King is acting in the best interest of its investors. Instead of calling for boycotts or holding symbolic votes on legislation that will not address the fundamental problem, lawmakers should focus their attention on reforming the tax code such that multinational corporations want to be headquartered in the United States. With the highest corporate income tax rate among OECD nations and the double taxation of international operations, the United States with its tax code has made itself increasingly uncompetitive as we vie for companies to locate and to expand operations here. The solution is to bring the tax rate in line with other advanced economies, paid for by reducing credits, deductions, and other loopholes.  We could make our corporate tax environment even more competitive by offering a corporate income tax rate below that of other advanced countries, paying for it by eliminating the lower personal income tax rate on dividends and capital gains. Because individuals are relatively less likely to move abroad than corporate subsidiaries, this rate structure would create fewer distortions. A 20 percent corporate rate would place the U.S. below the median rate among OECD nations, and taxing dividend and capital gain income for individuals at the same rates as normal income would eliminate some of the tax arbitrages created by differential tax rates for the same taxpayer. Since all income eventually is taxed at the corporate rate and again at the individual rate, this proposal is revenue neutral in a static sense. Longer term, it would raise revenue by creating incentives for incremental, long-term domestic investment."
Faulkender, co-author of the working paper Taxes and Leverage at Multinational Companies, is an associate professor of finance and director of the Smith School's Masters Program in Finance.  
Media Contact: Greg Muraski, [email protected]

Russian Sanctions Cut Both Ways
Andrew Melsheimer
Attorney
Thompson & Knight in Dallas
"The successive rounds of sanctions affecting the Russian economy are beginning to show a trickle-down effect. Reports indicate that no Russian companies were extended loans from U.S. or European financial institutions in July, the first such credit drought in recent years. Meanwhile, U.S. companies are recognizing how the latest sanctions may affect their own economic future. The sanctions are making it increasingly harder for companies to do business in Russia, or for foreign companies operating in Russia to use U.S. sourced products and equipment in their operations. U.S. manufacturers and suppliers are at risk of losing an important consumer of products and services, such as the highly specialized equipment needed to develop Russia's emerging energy resources in the Arctic and West Siberia."
Media Contact: Barry Pound, [email protected]

***************

MEDIA JOBS:

Following are links to job listings for staff and freelance writers, editors and producers. You can view these and more job listings on our Job Board: https://prnmedia.prnewswire.com/community/jobs/

See more listings here.

*****************

OTHER NEWS & RESOURCES:

Following are links to other news and resources we think you might find useful. If you have an item you think other reporters would be interested in and would like us to include in a future alert, please drop us a line at [email protected]

  • TIMELESS STORYTELLING TIPS FROM FORMER PR NEWSWIRE FEAUTRES EDITOR FRED FERGUSON. Fred Ferguson, the former manager of PR Newswire's Feature News Service, encouraged organizations to incorporate feature news writing into their press releases and publicity campaigns, is still instructive today, and not just for PR pros penning press releases. Ferguson's tips for creating a compelling feature story focused rigorously on putting the audience for the story first, and the brand second: http://prn.to/1thGFe8
  • DID YOU SEE THAT PRESS RELEASE? FAST FOOD GIANT CREATED, EBOLA PATIENT RELEASED, 'BREAKING BAD' HONORED AGAIN. With thousands of news releases published each week on PR Newswire for Journalists, no one can possibly keep up with every one of them. Here are some of our favorite releases from the past week that you might have missed: http://prn.to/1pn4vn6
  • PROFNET SUCCESS STORY: DANA MANCIAGLI, GLOBAL CAREER EXPERT. Manciagli recently quit her 30-year career in sales/marketing to embark on solopreneur venture. Within the first months that she has been in business she has received hundreds of thousands of impressions in top-tier and trade publications such as The Fiscal Times and Forbes – all with the help of ProfNet. Read more about her successes here: http://prn.to/1roHrWR

PROFNET is an exclusive service of PR Newswire. To submit a request for experts: http://bit.ly/findexperts  To search the ProfNet Connect experts database: http://www.profnetconnect.com  To contact ProfNet by phone: +1-800-PROFNET, ext. 1  To share a thought on Expert Alerts: [email protected]

SOURCE ProfNet

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
It's time to face reality: "Americans are from Mars, Europeans are from Venus," and in today's increasingly connected world, understanding "inter-planetary" alignments and deviations is mission-critical for cloud. In her session at 15th Cloud Expo, Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems, discussed cultural expectations of privacy based on new research across these elements
The consumption economy is here and so are cloud applications and solutions that offer more than subscription and flat fee models and at the same time are available on a pure consumption model, which not only reduces IT spend but also lowers infrastructure costs, and offers ease of use and availability. In their session at 15th Cloud Expo, Ermanno Bonifazi, CEO & Founder of Solgenia, and Ian Khan, Global Strategic Positioning & Brand Manager at Solgenia, discussed this shifting dynamic with an ...
More and more file-based and machine generated data is being created every day causing exponential data and content growth, and creating a management nightmare for IT managers. What data centers really need to cope with this growth is a purpose-built tiered archive appliance that enables users to establish a single storage target for all of their applications - an appliance that will intelligently place and move data to and between storage tiers based on user-defined policies. In her session a...
Recurring revenue models are great for driving new business in every market sector, but they are complex and need to be effectively managed to maximize profits. How you handle the range of options for pricing, co-terming and proration will ultimately determine the fate of your bottom line. In his session at 15th Cloud Expo, Brendan O'Brien, Co-founder at Aria Systems, session examined: How time impacts recurring revenue How to effectively handle customer plan changes The range of pricing a...
Mobile, the cloud and data have upended traditional ways of doing business. Agile, continuous delivery and DevOps have stepped in to hasten product development, but one crucial process still hasn't caught up. Continuous content delivery is the missing limb of the success ecosystem. Currently workers spend countless, non-value add hours working in independent silos, hunting for versions, manually pushing documents between platforms, all while trying to manage the continuous update and flow of mul...
Over the last few years the healthcare ecosystem has revolved around innovations in Electronic Health Record (HER) based systems. This evolution has helped us achieve much desired interoperability. Now the focus is shifting to other equally important aspects - scalability and performance. While applying cloud computing environments to the EHR systems, a special consideration needs to be given to the cloud enablement of Veterans Health Information Systems and Technology Architecture (VistA), i.e....
"At Harbinger we do products as well as services. Our services are with helping companies move their products to the cloud operating systems. Some of the challenges we have seen as far as cloud adoption goes are in the cloud security space," noted Shrikant Pattathil, Executive Vice President at Harbinger Systems, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
After a couple of false starts, cloud-based desktop solutions are picking up steam, driven by trends such as BYOD and pervasive high-speed connectivity. In his session at 15th Cloud Expo, Seth Bostock, CEO of IndependenceIT, cut through the hype and the acronyms, and discussed the emergence of full-featured cloud workspaces that do for the desktop what cloud infrastructure did for the server. He also discussed VDI vs DaaS, implementation strategies and evaluation criteria.
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, addressed the big issues involving these technologies and, more important, the results they will achieve. Rodney Rogers, chairman and CEO of Virtustream; Brendan O'Brien, co-founder of Aria Systems, Bart Copeland, president and CEO of ActiveState Software; Jim Cowie, chief scientist at Dyn; Dave Wagstaff, VP ...
“The year of the cloud – we have no idea when it's really happening but we think it's happening now. For those technology providers like Zentera that are helping enterprises move to the cloud - it's been fun to watch," noted Mike Loftus, VP Product Management and Marketing at Zentera Systems, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Bring the world's best IaaS to the world's best PaaS. In their session at 15th Cloud Expo, Animesh Singh, a Senior Cloud Architect and Strategist for IBM Cloud Labs, and Jason Anderson, a Cloud Architect for IBM Cloud Labs, shared their experiences running Cloud Foundry on OpenStack. They focused on how Cloud Foundry and OpenStack complement each other, how they technically integrate using cloud provider interface (CPI), how we could automate an OpenStack setup for Cloud Foundry deployments, an...
"Application monitoring and intelligence can smooth the path in a DevOps environment. In a DevOps environment you see constant change. If you are trying to monitor things in a constantly changing environment, you're going to spend a lot of your job fixing your monitoring," explained Todd Rader, Solutions Architect at AppDynamics, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
"Desktop as a Service is emerging as a very big trend. One of the big influencers of this – for Esri – is that we have a large user base that uses virtualization and they are looking at Desktop as a Service right now," explained John Meza, Product Engineer at Esri, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
IBM has announced a new strategic technology services agreement with Anthem, Inc., a health benefits company in the U.S. IBM has been selected to provide operational services for Anthem's mainframe and data center server and storage infrastructure for the next five years. Among the benefits of the relationship, Anthem has the ability to leverage IBM Cloud solutions that will help increase the ease, availability and speed of adding infrastructure to support new business requirements.
CodeFutures has announced Dan Lynn as its new CEO. Lynn assumes the role from Founder Cory Isaacson, who has joined RMS and will now serve as chairman of CodeFutures. Lynn brings more than 14 years of advanced technology and business success experience, and will help CodeFutures build on its industry leadership around its Agile Big Data initiatives. His technical expertise will be invaluable in advancing CodeFutures’ AgilData platform and new processes for streamlining and gaining value from gro...