Business, Free News Articles, General Editorial, Product Launches

MIRACLE MILES GROUP INC. Expands with Launch of New Sustainable Footwear Brand BURUDANI

LOS ANGELES, Calif. -- MIRACLE MILES GROUP INC., a footwear technology enterprise that owns the popular brand Dream Pairs, Amazon's #1 female fashion footwear brand, and Bruno Marc, is pleased to announce the launch of a new sustainable brand, BURUDANI. Rooted by a mission to provide "natural comfort with every step," MIRACLE MILES GROUP INC.'s newest brand is dedicated to providing innovative footwear solutions for the modern woman.

"At BURUDANI, we believe in creating a joyful and relaxed atmosphere so that every step is a moment of leisure no matter where the day takes you. With a focus on classic styles and addressing every pain point of our customers, we strive to provide a personalized experience. Our commitment to comfort and sustainability is the foundation of our long-term development," says founder of MIRACLE MILES GROUP INC.

Focused on eco-friendly, easy-to-wear, accessible styles, BURUDANI offers responsibly crafted options without sacrificing comfort. All offerings are crafted utilizing repurposed materials; recyclable uppers are woven from plastic bottles through unique zero-waste 3D knitting technology, and upcycled mesh, latex, and rubber complete interiors and soles. BURUDANI heels are 50mm tall, at most, for comfortable all-day wear. Additionally, flats and loafers are 140g, feature a 20mm heel, and are machine washable, providing a light fit for easy commuting, and mitigating unnecessary waste to affirm their eco-focused mission.

BURUDANI's styles span categories including flats, heels, and sandals, with timeless classics to stand the test of time and every trend cycle. As BURUDANI grows, the brand plans to continue improving its technology, making shoes increasingly lighter, softer and more comfortable. In May, BURUDANI will launch flats where every single shoe weighs less than 140g - 50% lighter than other similar flats on the market.

BURUDANI is proud to present these masterfully crafted styles befitting to those who appreciate the finest in quality, design, and comfort.

To celebrate the grand launch, BURUDANI is offering $10 off at https://www.goburudani.com/, to all new subscribers with the code BDNEW10.

All offerings retail for under $100 and are available for purchase at www.goburudani.com as well as on Amazon (US and CA).

MIRACLE MILES GROUP INC also intends to expand Amazon availability throughout Europe and other marketplaces as they continue to grow and strive to deliver accessible, stylish, and comfortable footwear solutions for women around the world.

About MIRACLE MILES GROUP INC.:

MIRACLE MILES GROUP INC. is a tech-driven footwear enterprise with three well-established brands: Dream Pairs, Bruno Marc, and Nortiv8, covering various categories: women's shoes, kids' shoes, men's shoes, outdoor shoes, and work shoes. With over two thousand shoe styles and twenty million users, MMT's mission is to create value for and make quality fashion accessible to consumers by providing stylish, functional, comfortable footwear with reasonable pricing.

Related link: http://www.mirmiles.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles

Nomis Solutions Featured in Tech Demo Super Session at Consumer Bankers Association Live Conference in Las Vegas March 27-29

SAN FRANCISCO, Calif. -- Nomis Solutions (Nomis), the leading provider of end-to-end pricing lifecycle management technology, announces its sponsorship of the Consumer Bankers Association (CBA) annual conference, 'LIVE.' In addition to the sponsorship, Nomis will be one of 10 companies featured in CBA Live's Tech Demo Super Session. The session explores innovations from top financial service providers including Salesforce, Blend and Glia.

"The consumer banking industry is at a point where in-branch and digital channel experiences are no longer the best opportunity for differentiation," said Greg Demas, president of Nomis Solutions. "It's our belief that customer-centric pricing is the most important aspect of banking, and the optimal way for Financial Institutions to deliver a differentiated value proposition to their customers. Nomis has been the consumer banking industry's leader in this space for over twenty years, and we continue to be at the front of the innovation curve."

Marking its 14th year in 2023, CBA LIVE is a widely attended annual event for the retail banking industry. Over 1300 senior bankers and industry leaders from across the country will be in attendance this year. CBA LIVE offers quality programming tailored toward professionals motivated to learn new trends and share ideas with the most influential decision-makers in the business. This year's theme is "NEXT," focusing on how bankers can find a clear path for growth and know what's coming down the road.

"In tandem with CBA Live's theme this year, Nomis has long been urging banks to invest in empowering their front-line staff to deliver relevant, thoughtful financial solutions to their retail customers. In a world where consumers expect brands to know them and cater to their individual needs, we look forward to demonstrating the ways our product suite can change the game for bankers worldwide," continued Demas.

To learn more about CBA Live, visit https://www.consumerbankers.com/cba-live

About Nomis Solutions:

Nomis Solutions delivers the most comprehensive and integrated solution for setting, managing and executing price in an iterative and customer-centric system. Nomis is the consumer banking industry's leading software platform capable of standing up to complex bank analytical objectives while also delivering intelligent, data-driven, omnichannel customer experiences. While the company offers an integrated suite of solutions, its powerful collection of APIs allows individual modules to meet each financial institution where they are in their pricing journey to help differentiate and grow their brands by developing relationships with customers that are both individualized and profitable. To learn more, visit https://nomissolutions.com/.

Related link: https://www.nomissolutions.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Free News Articles, Religion and Churches

5 Tips to Help You Be Happier for World Happiness Day

LOS ANGELES, Calif. -- Each year, the United Nations celebrates International Day of Happiness in recognition of the importance of happiness in the lives of people around the world. Few would challenge the importance of this oft-elusive state of mind. But is there a surefire way to achieve it? Scientology Churches across the globe say there is. And they share the secret on International Day of Happiness and throughout the year.

They do so by sponsoring chapters of The Way to Happiness Foundation and by reaching out to their communities with the booklet by the same name. They and millions of every faith, culture and creed say "The Way to Happiness," a simple booklet written by author, humanitarian and Scientology Founder L. Ron Hubbard, holds the key.

So here are five tips for anyone wishing to be happier or to help friends or families be so:

* Watch The Way to Happiness public service announcements, available in 17 languages on the Scientology Network on DIRECTV Channel 320, DIRECTV STREAM and AT&T U-verse or streaming at Scientology.tv, on mobile apps and via the Roku, Amazon Fire and Apple TV platforms.

* Stay on the network and watch The Way to Happiness book on film.

* Log onto the free online The Way to Happiness course at www.thewaytohappiness.org/course, enroll and do the lessons (they are easy and fun to do).

* Pick a precept you now think could benefit you or someone you love, work out what you will do to implement it, and do so. And try this with another. And another.

* Now think of someone whose happiness is important to you and encourage them to implement these same five tips.

Immensely popular since its first publication, The Way to Happiness has been embraced by more than 250,000 groups and individuals, with some 115 million copies distributed in 115 languages in 186 nations. It holds the Guinness World Record as the single most-translated nonreligious book and fills the moral vacuum in an increasingly materialistic society.

In addition to its personal benefits, the booklet's common-sense values bring calm to communities torn by violence, peace to areas ravaged by civil strife, and self-respect to millions of individuals. The work of humanitarians using The Way to Happiness in their communities and countries is documented in the original series Voices for Humanity on the Scientology Network. These episodes are featured in today's programming in honor of International Day of Happiness.

Since launching with a special episode featuring Scientology ecclesiastical leader Mr. David Miscavige, Scientology Network has been viewed in 240 countries and territories worldwide in 17 languages.

LEARN MORE:

https://www.thewaytohappiness.org/

https://www.scientologynews.org/press-releases/

https://www.scientology.tv/series/voices-for-humanity/

MULTIMEDIA:

VIDEO: https://www.youtube.com/watch?v=FN34zm5375Y

Related link: https://www.scientology.org/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Awards and Honors, Business, Free News Articles, Insurance, Travel and Tourism

TravelInsurance.com is Named One of the Best Travel Insurance Companies of 2023 by Money.com

NEW YORK, N.Y. -- TravelInsurance.com, a leading travel insurance comparison site, has been named one of the "Best Travel Insurance Companies of 2023" by Money.com. The recognition follows TravelInsurance.com's previous designation in 2021 and 2022 as the "Best for Comparing Travel Insurance Quotes" by Money.com.

TravelInsurance.com was recognized as "Best for Comparing Quotes" due to their innovative approach to allow travelers to quote, compare, and buy within minutes from the top insurance providers. Money.com also credits the travel insurance comparison site with a user-friendly platform that simplifies the comparison and shopping process.

Customers can enter their trip information for quotes from top rated insurers, including options from basic to premium. A results page presents information on coverage, reviews, ratings, and a link to each insurer's COVID-19 policies, all with the ability to compare policies in an easy-to-understand table.

With over 93,000 verified customer reviews, an average 4.9 out of 5.0 star rating, and 81,000 reviews receiving a perfect 5-star rating, TravelInsurance.com offers a lowest-price-guarantee and saves travelers time and money by allowing them to compare multiple quotes on a single platform. Customers also experience a safe and secure checkout process with an immediate instant confirmation of coverage.

"We are thrilled to receive this recognition from Money.com for the third time. This award is a testament of our commitment to provide travelers with the best possible travel insurance options to protect their trips and provide them peace of mind," said Stan Sandberg, co-founder of TravelInsurance.com.

Money.com used several factors to evaluate and compare each of the top travel insurance providers, including plans and coverage, ease of use, customer service and support, and industry reputation. TravelInsurance.com meets the criteria for each of Money.com's factors, with ease of use as the cornerstone to helping traveler's quickly find and compare multiple policies to fit their ever-changing needs.

TravelInsurance.com is committed to providing the best service and policies that cover issues from unexpected medical emergencies, to lost baggage and trip cancellations and interruptions. Their customizable travel insurance could help recoup costs that are otherwise lost to the consumer.

To learn more about TravelInsurance.com and its range of travel insurance options, visit https://www.travelinsurance.com/.

About TravelInsurance.com:

TravelInsurance.com helps simplify the complicated world of travel insurance by providing consumers with the easiest way to compare and buy trip insurance coverage online. A member company of the U.S. Travel Insurance Association, TravelInsurance.com is owned and operated by DigiVentures Holdings, LLC, a licensed agency that works with some of the largest travel insurers in the industry. Purchases can be made directly through the TravelInsurance.com website, with policies sent by email within minutes.

Related link: https://www.travelinsurance.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Construction and Building, Free News Articles, Manufacturing, Reports and Studies

Energy Industry Experts Weigh in On Latest Rystad Energy shale well study indicating potential answer for accelerated productivity declines

EAU CLAIRE, Wis. -- Rystad Energy, one of North America's most respected energy research firms, recently completed a second study of nearly 900 shale wells in the Permian basin in West Texas. The study compares wells completed using in-basin sand (IBS) with wells completed with northern white sand (NWS), says the Wisconsin Industrial Sand Association (WISA).

Although In-Basin Sand dominates the Permian Market, the study's results suggest that even in the short term, the majority of wells would deliver higher productivity using Northern White Sand.

The study, the second in a series, examines three years of historical data obtained from nearly 900 West Texas Permian Basin shale wells. The latest Rystad Study shows that in 85% of the cases studied, the short-term cash benefits of completing wells with IBS were negated within the first year or two, with the productivity divergence growing yearly.

Penny Aschenbrenner of Material Spec Labs, which specializes in sand testing, said, "The physical properties of IBS and NWS proppants provide a logical explanation for the difference in production."

Material Spec Labs uses API (American Petroleum Institute) testing methods to test frac sand for its customers.

"Our job is to test the sand for the physical properties the customer is paying for," says Aschenbrenner. She states, "The concept isn't new. It's sometimes difficult to conceptualize proppant properties and their functionality due to the foreign nature of micro measurements. But if we relate the problem to something we are familiar with, the answer is obvious."

Ashenbrenner was not surprised by the negative impact of IBS on the wells and questioned whether any technically capable engineer would be either, "The science is pretty simple," Ashenbrenner states, "the sand is exposed to extreme pressures and conditions in a well. It is easy to see that the lower-strength sand will crush and possibly clog a well much sooner than a higher-quality proppant. That's what you see in the lab, and it's highly probable that it's happening downhole."

NWS became widely used when the shale revolution began because of its high strength, high purity, and very round silica sand was used to prop open the fractures induced by the hydraulic fracturing process. Hydraulic fracturing uses water, sand, and chemicals to fracture shale rock deep beneath the earth's surface. Once the fracturing has occurred, the fluids are returned to the surface, and the sand remains to keep the fractures "propped" open, which is why the industry terms the sand: "proppant."

The Rystad study challenges the industry's most recent choices. Executives probably did the right thing at the right time for their stakeholders by adapting IBS. When oil and gas prices plummeted, producers had already spent their cash on growing production, with many outspending their cash flow by completing more wells than needed. This ultimately led to overproduction and caused prices to crash heading into the pandemic. By the time Covid hit, and prices crashed, many producers were running out of cash, perhaps staring down bankruptcy. Their only option was to reduce costs, and using IBS was an obvious, short-term solution.

IBS may have been a company-saving strategy, but its use carried an unforeseen long-term expense. As illustrated in the Rystad findings, decreased well productivity and longevity are now being felt by those companies, their shareholders, the mineral rights holders, and possibly, U.S. energy security in general. Despite the early indication that production would stay the same, according to the production data studied by Rystad, wells completed with IBS now reveal accelerated economic losses in the hundreds of thousands of dollars per well after only a few short years compared to wells completed with NWS. That spread only grows more significant as oil and gas prices increase.

Other explanations abound. Some industry CEO's are now blaming the rock quality itself for accelerating declines in the past few years. Others fall back on well proximity, sometimes called the "Parent/Child" effect. The Rystad Study supports the observation that switching to IBS is highly correlated with accelerating decline rates.

The Rystad study suggests serious consideration of the science, and a revisit to the proppant decision choices. Higher energy prices and demand, the ongoing interest in energy independence, and safety and environmental considerations mandate that oil and gas wells run optimally. Mineral rights holders, energy investors, landowners, and energy workers have significant vested economic interests.

More Information:

The Rystad Study can be found at https://wisconsinsand.org/wp-content/uploads/sites/77/2023/03/20220907-Rystad-Energy-WISA-Final-Report-Anonymous.pdf

Material Spec Labs can be reached at https://www.materialspeclabs.com/

About WISA:

Based in Eau Claire, Wis., The Wisconsin Industrial Sand Association is an organization formed to promote safe and environmentally responsible sand mining standards, promote a fact-based discussion, and create a positive dialogue among the industry, citizens, and government officials. Learn more: https://wisconsinsand.org/.

Image 72DPI: https://wisconsinsand.org/wp-content/uploads/sites/77/2023/03/NWS-IBS-BeforeAfter.jpg

Related link: https://wisconsinsand.org/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Alliances and Partnerships, Business, Free News Articles, Government, Software

Avenu Partners with League of Oregon Cities to Provide Expertise and Support to Local Governments

PORTLAND, Ore. -- Avenu Insights & Analytics (Avenu), the leading provider of revenue recovery and administration solutions for state and local governments, is proud to announce its partnership with the League of Oregon Cities (LOC). As part of this collaboration, Avenu will offer its expertise in various subjects to cities across Oregon, helping them maximize revenue, maintain compliance, and improve their operations.

With Avenu's vast experience in serving cities of all sizes across the country, they are well-positioned to provide some dedicated webinars as well as subject matter expertise on a range of critical issues. Among the topics that Avenu will cover as part of its partnership with the League of Oregon Cities are short-term rental compliance and administration, compliance auditing, tax administration, transient occupancy tax, digitizing documents, and cybersecurity.

"Through this exciting partnership, the LOC's 241 member cities will have access to Avenu's extensive experience and proven success in finding cost-effective solutions for local governments," said LOC Executive Director Patty Mulvihill. "Avenu clearly has the capabilities to provide high-impact resources to cities of diverse size throughout Oregon."

In addition to dedicated webinars, Avenu will also invite cities to participate in national events, with the first being a National Economic Forecast in partnership with the UCLA Anderson Forecast. By providing cities with access to these events, Avenu hopes to help them stay up-to-date on the latest trends and best practices in their field, ultimately helping them provide better services to their communities.

"We are excited to partner with the League of Oregon Cities and offer our expertise to cities across the state," said Paul Colangelo, Avenu's CEO. "Our team is dedicated to helping local governments succeed, and we look forward to working with city officials and staff to tackle the challenges they face."

The partnership between Avenu and the League of Oregon Cities is a testament to the importance of collaboration and knowledge sharing among local government organizations. By working together, Avenu and the LOC hope to help cities across Oregon thrive and provide their residents with the best possible services.

About League of Oregon Cities:

Founded in 1925, the League of Oregon Cities (LOC) is a voluntary association representing all 241 of Oregon's incorporated cities. The LOC helps city governments serve their citizens by providing legislative advocacy services, policy consultation, intergovernmental relations assistance, networking and training, technical assistance, and publications.

About Avenu Insights & Analytics:

Over 3,500 state and local governments have partnered with Avenu to drive positive results for their communities through software administration and revenue recovery solutions. Avenu's comprehensive software solutions digitally transform government by modernizing processes, providing online access to records, and reducing costs. Avenu also provides a robust ecosystem of revenue management services that identify and recover untapped revenue. State and local governments work closely with Avenu to increase revenue without raising taxes, streamline internal operations, and improve services by enhancing connectivity for constituents. Avenu is a portfolio company of Mill Point Capital. To learn more, visit https://www.avenuinsights.com/.

About Mill Point Capital:

Mill Point Capital LLC is a private equity firm focused on control investments in lower-middle market companies across the business services, technology and industrials sectors in North America. Mill Point's experienced team of investors and Executive Partners seek portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY. For more information, please visit https://millpoint.com/.

Related link: https://www.avenuinsights.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Alliances and Partnerships, Business, Free News Articles, Sports and Activities

RightOnTrek Is the Official US Backpacking Gear Rental Partner for HIGHLANDER

COLUMBIA FALLS, Mont. -- RightOnTrek, which aims to introduce everyone to the great outdoors and backpacking, is partnering with international backpacking adventure company HIGHLANDER to provide its award winning meals and gear rental support for HIGHLANDER's US based events.

Having just completed construction of its first Wilderness EDGE, a 24x7 fully automated outdoors gear rental facility outside Glacier National Park, RightOnTrek also offers a gear rental delivery service for guided expeditions in the western US.

HIGHLANDER has four backpacking "Adventures of a Lifetime" scheduled in the US for 2023, which will be served by RightOnTrek:

* Big Bear Lake, California (May 24th - 28th)

* Ogden, Utah (September 5th - 9th)

* Kalispell, Montana (September 19th - 23rd)

* North Lake Tahoe, California (October 3rd - 7th)

HIGHLANDER participants can reserve their gear online in advance at RightOnTrek's website, and RightOnTrek will deliver it to them at the event. When the event is complete, RightOnTrek will pick up the gear, giving HIGHLANDERs a fluid and easy gear rental experience.

"RightOnTrek is committed to providing the best meals and backpacking gear to HIGHLANDERs," said Victoria Livschitz, RightOnTrek founder and CEO. "We spent years developing our meals and turnkey outdoors gear rental delivery service and are ready to make sure their guests are fully equipped for their trek."

RightOnTrek gear rentals offer everything backpackers need including tents, cooking gear, communication devices, backpacks, sleeping bags, trekking poles, bear sacks and bear spray. They offer for sale consumable items including first aid kits, water purification drops, emergency shelters, and an essentials kit that has everything from sunscreen to lighters, wipes, soap, toothbrush, insect repellant and more.

RightOnTrek meals are highly rated by local enthusiasts and mainstream publications alike. BACKPACKER Magazine gave it the best Mac and Cheese award saying, "This mac is like a from-scratch Kraft with the volume turned up to 11." RightOnTrek offers six signature breakfasts and ten dinners and accommodates special dietary needs and preferences including vegetarian, vegan and keto. It also has offerings that are suitable for those with peanut, dairy, gluten and soy allergies.

About HIGHLANDER:

HIGHLANDER is a leading global long-distance backpacking event series organizer with over 40 events in 20 countries worldwide. It's a chance to experience the Adventure of a Lifetime on 2-5 day guided treks of approximately 15, 30, 60 or 100 miles. HIGHLANDER is for all nature lovers, explorers and modern-day nomads who are ready to get out of their comfort zone and embark on a completely self-sustained multi-day stay in nature.

For additional information visit https://highlanderadventure.com/. To contact HIGHLANDER, email info@highlanderadventure.com.

About RightOnTrek:

RightOnTrek (RightOnTrek.com) makes epic outdoor adventures accessible to new hikers and lifelong mountaineers alike. It makes amazing backcountry experiences simple with an online trip planner, complete high tech outdoors gear rental packages, and delicious and nutritious trail meals. RightOnTrek offers its signature meals, a full day meal planner, and single day meal kits which give you all the snacks and sides you need for full day and multi-day treks. With RightOnTrek, you can feel confident finding your way through the wilderness, and return safely with memories that will last a lifetime.

For additional information visit https://rightontrek.com/. To contact the RightOnTrek team, email info@rightontrek.com.

Related link: https://rightontrek.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Entertainment, Free News Articles

Combating Inflation: Inked Gaming Lowers Prices on Print-on-Demand Gear

CORVALLIS, Ore. -- As inflation continues to rise, Inked Gaming is doing its part to help keep their customers happy and coming back for more. With budgets tight, many people are focused on ensuring everyday needs are met, while tending to cut back on the things that make their days a bit brighter. That's why the Inked Gaming team have decided to make their signature pieces for gamers more accessible and affordable than ever.

General costs may be up, but creativity is still at an all-time high among gamers, breakers, streamers and dreamers who wish to put a personal touch on their favorite pastimes. So, Inked Gaming has lowered the prices of its print-on-demand products by at least seven percent.

This decision came directly from Inked Gaming's founder and CEO, Thomas Pool, who said in a letter to all customers, "We know how important it is to have an outlet for creativity and relaxation, especially during these challenging times. That's why we want to make sure that our high-quality gaming products are within reach, even as the world around us changes."

By cutting the prices of their print-on-demand products, the Inked Gaming team gives gamers the chance to keep being creative, without breaking the bank. Customers can use this seven percent price reduction to update their setup, snag some new gear to explore, or even double up on purchases, without worrying as much about cost.

Shopping and personalizing gear should be a fun and affordable experience. And, while this has always been Inked Gaming's mission, it's even more important now when so many are struggling to stay within the bounds of their budget.

"Whether people are into card games, board games, PC games or tabletop role playing games (RPGs), we've got them covered with our wide selection of custom playmats, mousepads, dice bags and more," Pool says.

About Inked Gaming:

Based in Corvallis, Oregon, Inked Gaming is built by gamers for gamers. Since 2011, it's been a top supplier of premium gaming gear and has provided its customers with pre-designed and custom goods to enhance their gaming experience. These goods include playmats, mousepads, dice bags and more. Whether it's Pokémon, Magic: The Gathering(MTG), Dungeons and Dragons (D&D), Flesh and Blood, or any other tabletop game, Inked Gaming helps gamers step up their style and game.

For more information: https://www.inkedgaming.com/

Related link: https://www.inkedgaming.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Legal and Law, Taxes and Accounting

Tax Court Case: Engineering Firm Overstated §179D Energy Efficient Commercial Building Property Deduction

COLUMBUS, Ohio -- In a recent case, Michael Johnson, et ux. v. Commissioner, the tax court denied the majority of a taxpayer's Energy Efficient Commercial Building Deduction under IRC §179D since it claimed a §179D Deduction exceeding the cost of the Energy Efficient Commercial Building Property (EECBP), says ICS Tax, LLC.

Background

The §179D Deduction is a federal tax incentive designed to promote taxpayers to construct energy efficient buildings as well as encourage building owners to make improvements to existing structures that reduce energy and power costs. At the time of the case, the §179D Deduction provided a maximum deduction of up to $1.80 per square foot of the building's floor area and applies to interior lighting systems, heating, cooling, ventilation, hot water systems or building envelope. A special rule under §179D provides that architects, engineers, contractors, environmental consultants or energy services providers may also be eligible for the incentive on public projects. However, the amount of the §179D Deduction is limited to cost of the EECBP.

For an updated summary of the heavily revised §179D rules, go to https://ICS-Tax.com/179D.

The Case

In this case, the taxpayer was an engineering firm in the business of installing heating, ventilation, and air conditioning (HVAC) systems. The taxpayer installed HVAC systems in a U.S. Dept. of Veterans Affairs (VA) hospital. This engineering firm had the §179D Deduction allocated to them such that they claimed a deduction of $1,073,237 for the 2013 taxable year, which was equal to the product of $1.80 and 596,243, the hospital's square footage. However, the cost of the EECBP was only $304,640. Hence, the tax court concluded that the §179D deduction was limited to the $304,640 cost of the EECBP.

Many professional service providers lack the expertise to properly analyze the complex tax rules and engineering requirements for the §179D Deduction. For a tax incentive requiring both a thorough knowledge of the tax code and engineering principles, it is essential to hire a fully qualified and experienced team that includes CPAs, attorneys, and professional engineers. It is also essential to thoroughly vet your §179D service provider, and at a minimum, perform an Internet search that can yield critical information.

Author: Alexander Bagne, JD, CPA, MBA, CCSP

ABOUT ICS TAX:

ICS Tax, LLC (ICS) is a consulting firm providing innovative tax planning strategies. ICS collaborates with taxpayers and their tax professionals to identify credits and incentives that reduce tax liabilities and increase profitability. ICS provides nationwide service through its offices throughout the country. Learn more: https://ics-tax.com/.

Related link: https://ics-tax.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Software

LenderLogix increased organic growth by 150% amongst its client base of independent mortgage lenders, banks and credit unions in 2022

BUFFALO, N.Y. -- LenderLogix, a leading provider of mortgage automation software and application programming interfaces (APIs), today announced significant growth within its client base in 2022, increasing its number of partnered lending institutions by 150%. The company also maintained a net promoter score (NPS) of 86 based on feedback from the thousands of lenders and real estate agents that interact with LenderLogix and its suite of mortgage technology.

Other significant achievements in 2022 include:

* Facilitating a 72% conversion rate from inquiry to an application via its recently released, streamlined point-of-sale (POS) platform LiteSpeed;

* Providing 33,661 borrowers with instant answers via QuickQual, resulting in 216,499 on-demand letter updates made by borrowers and real estate agents; and

* Processing nearly $23 million in upfront fees, 66% of which were for Appraisals, via Fee Chaser and enabling lenders to automatically collect 94% of their upfront fees within 24 hours and save more than 15 minutes per loan file. One lender even reported realizing more than $63,000 on previously uncollected fees by implementing this payment solution.

"Throughout the market shifts and a bloating cost to originate, lenders are taking a harder look at their technology and operational costs," said LenderLogix Co-Founder and CEO Patrick O'Brien. "At LenderLogix, our product roadmap is based entirely on building technology to solve our clients' real-world issues. To that end, we are proud of the light but mighty impact our white-labeled systems have made for lenders of all sizes and will continue to develop tools that deliver exactly what our lender clients need without the bulk and heft of other software products on the market."

About LenderLogix:

LenderLogix leverages the four decades of firsthand mortgage origination and real estate experience of its executive team to design customized software and APIs to meet the needs of today's mortgage lenders. The company's suite of products addresses the speed at which today's real estate market moves by delivering technology solutions that create agile and informed borrowers, build strong referral partners and ultimately save lenders time and money. For more information, visit https://www.lenderlogix.com/.

Related link: https://www.lenderlogix.com/

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022