EAS

From the Tax Law Offices of David W. Klasing - CFO of Offshore Company Sent to Federal Prison over Undisclosed Foreign Accounts and Unreported Offshore Income

Retrieved on: 
Tuesday, April 9, 2024
IRS, Crime, Tax, Government, Arizona State University, PwC, Law, CFO, Risk, EAS, CPA, Record, Coutts, Tax law, Accounting, Bank, Fraud, Offense, Multimedia, Federal, FBAR

For instance, low-income earners might engage in tax evasion by underreporting their income or overstating deductions to minimize tax liability.

Key Points: 
  • For instance, low-income earners might engage in tax evasion by underreporting their income or overstating deductions to minimize tax liability.
  • In 2023, a former offshore Chief Financial Officer, "CFO" received an 86-month prison sentence for concealing assets and income from tax authorities.
  • After Coutts Bank made an initiative to comply with U.S. tax reporting requirements, The offshore CFO moved the funds to Hyposwiss.
  • However, in the years that followed, the offshore CFO continued to mislead his accountant regarding his foreign accounts.

MediciNova Announces Two Abstracts regarding MN-001 (tipelukast) and MN-002 Accepted for Presentation at the 92nd EAS 2024 Congress, the Annual Meeting of the European Atherosclerosis Society

Retrieved on: 
Wednesday, March 20, 2024
Congress, Juntendo University, Dyslipidemia, Patient, SAFETY, Research, Code, MD, Abstract, Type 2 diabetes, HTG, Tokyo Stock Exchange, EAS, Lipid metabolism, NAFLD, T2DM, Pharmaceutical industry

Presentation details will be disseminated as they become available.

Key Points: 
  • Presentation details will be disseminated as they become available.
  • Ph.D., M.P.H., Chief Medical Officer, MediciNova, Inc., commented, “We are very pleased that the two presentations were accepted at the EAS 2024 Congress.
  • One presentation is regarding the objectives and design of the ongoing Phase 2 clinical trial enrolling patients with Type 2 diabetes, dyslipidemia, and NAFLD.
  • The other presentation is regarding the mechanism of action of MN-001/MN-002 in lipid metabolism, particularly the effects on cholesterol efflux capacity.

Mindset Wealth Management Launches With tru Independence

Retrieved on: 
Tuesday, April 2, 2024
Finance, Professional Services, Other Technology, Technology, Asset Management, RIA, EAS, Mindset, CMT, Financial adviser

tru Independence (“tru”), a national independent advisory platform servicing approximately $12.5 billion in assets, has announced the launch of Mindset Wealth Management (“Mindset”).

Key Points: 
  • tru Independence (“tru”), a national independent advisory platform servicing approximately $12.5 billion in assets, has announced the launch of Mindset Wealth Management (“Mindset”).
  • Previously colleagues at the RIA Sheaff Brock Investment Advisors, Mindset co-founders and managing partners Peter Bjelopetrovich , CFS®; Seth Hickle , CMT; James “Louie” Humphries , JD; and Mark Vandygriff decided the time was ripe to pursue independence.
  • Mindset is focused on bringing a fresh perspective to portfolio management, helping clients achieve better outcomes.
  • “The Mindset team’s deep experience in asset allocation, unique derivatives strategies and portfolio management experience positions them for continued success in the years to come.

aim Systems, Key Player for High-tech MES Localization, Aims to Launch New AI-integrated MES/MCS

Retrieved on: 
Friday, March 22, 2024
Apps, Applications, Technology, Manufacturing, Other Technology, Software, Other Manufacturing, Artificial Intelligence, System, MCS, EAS, History, Artificial intelligence, Investment, Gen, MES, Manufacturing execution system, Medical device

This development aims to clearly differentiate from the existing first-generation products.

Key Points: 
  • This development aims to clearly differentiate from the existing first-generation products.
  • With the advent of the intensified competition in high-tech industry, investments and expansions in display and semiconductor factories have become essential.
  • aim Systems, established in 1996 as a smart factory solution provider, has significantly reduced costs for domestic hi-tech companies through localization of MES for semiconductor/display factories.
  • aim Systems, despite smaller than conglomerates, retains 30+ R&D experts who are the key for aim System’s advanced technological expansion.

Unlocking the Zero Energy Devices (ZED) Market: Strategies, Roadmaps and Innovations for Battery-Free, Ultra-Low Power Electronics

Retrieved on: 
Monday, April 1, 2024
RFID, Mechanical, Vibration, Internet, SWOT, Electronics, Communication, Wireless, Heart, CPE, RIS, EAS, WPT, IOT, ZED, Electric battery

DUBLIN, April 1, 2024 /PRNewswire/ -- The "Zero Energy Devices ZED: Self-Powered and Backscatter-Powered Electronics and Electrics Markets, Technology 2024-2044" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, April 1, 2024 /PRNewswire/ -- The "Zero Energy Devices ZED: Self-Powered and Backscatter-Powered Electronics and Electrics Markets, Technology 2024-2044" report has been added to ResearchAndMarkets.com's offering.
  • You could call a solar flashlight and an anti-theft tag "zero-energy devices" but the subject is about to take a huge leap forward well beyond these.
  • The day is coming when you never recharge your smart watch or phone and, without need for a battery, they last longer than you do.
  • You can create a billion-dollar business from making the next ZED materials or devices as detailed in this report.

From the Tax Law Offices of David W. Klasing - South Carolina Man Sentenced to Prison After Tax Conviction

Retrieved on: 
Friday, March 29, 2024
IRS, Crime, Tax, Law, Justice minister, EAS, Tax law, Justice, Multimedia, Federal

IRVINE, Calif., March 29, 2024 /PRNewswire/ -- According to a Department of Justice press release , a South Carolina man was recently sentenced to serve time in federal prison after a criminal tax conviction.

Key Points: 
  • IRVINE, Calif., March 29, 2024 /PRNewswire/ -- According to a Department of Justice press release , a South Carolina man was recently sentenced to serve time in federal prison after a criminal tax conviction.
  • Regardless of your business or estate needs, the professionals at the Tax Law Offices of David W. Klasing are here for you.
  • Contact the Law Offices of David W. Klasing today to discuss your business with one of our professionals.
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    SOURCE Tax Law Offices of David W. Klasing, PC

Cyngn Completes Initial DriveMod Tugger Deployment with Rivian

Retrieved on: 
Tuesday, March 19, 2024
EAS, AI, Renewable energy

MENLO PARK, Calif., March 19, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications today announced its initial DriveMod Tugger deployment with Rivian, the innovative leading electric vehicle manufacturer.

Key Points: 
  • MENLO PARK, Calif., March 19, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications today announced its initial DriveMod Tugger deployment with Rivian, the innovative leading electric vehicle manufacturer.
  • This deployment continues to emphasize the commercial interest Cyngn's Enterprise Autonomy Suite (EAS) products are garnering with customers that manufacture vehicles and other heavy equipment.
  • Cyngn CEO, Lior Tal, said: "This progress continues to underscore the manufacturing sector's growing need and willingness to adopt autonomous solutions.
  • Cyngn's recent progress with major manufacturing players, including a Fortune 100 Heavy Equipment Manufacturer , demonstrates the commercial momentum of its autonomous DriveMod solutions.

Cyngn Reports 2023 Fourth Quarter and Year-End Financial Results

Retrieved on: 
Wednesday, March 6, 2024
Engineering, OEM, Investment, Marketing, BYD, NRE, Lidar, Non-recurring engineering, Advertising, EAS, G&A, Video game

Fourth quarter revenue was $40.4 thousand compared to $262 thousand in the fourth quarter of 2022.

Key Points: 
  • Fourth quarter revenue was $40.4 thousand compared to $262 thousand in the fourth quarter of 2022.
  • Total costs and expenses in the fourth quarter were $5.4 million, down from $6.0 million in the fourth quarter of 2022.
  • Net loss for the fourth quarter was $(5.4) million compared to $(5.5) million in the corresponding quarter of 2022.
  • Fourth quarter 2023 net loss per share was $(0.12), based on basic and diluted weighted average shares outstanding of approximately 46.0 million in the quarter.

Customer Renews Contract as Cyngn's Autonomous Vehicles Yield 4x Efficiency Gain

Retrieved on: 
Thursday, February 22, 2024
Workload, AI, 3D, Autonomy, Monster Energy, EAS, Map, Lighting, Workforce, Organization, Robotics, Environment, Warehouse

Over several months of operation, Cyngn's self-driving vehicles enhanced operational speed, fostered organizational precision, and delivered substantial cost savings.

Key Points: 
  • Over several months of operation, Cyngn's self-driving vehicles enhanced operational speed, fostered organizational precision, and delivered substantial cost savings.
  • The DriveMod Stockchasers have produced 4x efficiency gain, and the introduction of EAS even enabled a former forklift operator's promotion.
  • Teams working directly with the autonomous robots revised their workflows to better align with the vehicles' predictable schedules.
  • This simple change made a big difference, reducing variability, boosting overall efficiency, and making it easier to train new employees.

From the Tax Law Offices of David W. Klasing - Federal Courts now Using Intended Tax Loss, rather than "Actual" Tax loss in Sentencing Tax Crimes

Retrieved on: 
Friday, February 9, 2024
IRS, Tax law, Internal Revenue Service, Federal, Tax, Social media, Crime, History, Government, EAS, Computer, Multimedia, Risk, Income tax, W2, Artificial intelligence, Law

In the case of United States v. Upshur, the Third Circuit held that intended tax loss will be used in sentencing calculations for tax crimes instead of actual tax loss.

Key Points: 
  • In the case of United States v. Upshur, the Third Circuit held that intended tax loss will be used in sentencing calculations for tax crimes instead of actual tax loss.
  • The intended loss is the loss that would have occurred if the defendant had successfully evaded their tax obligations.
  • Intended tax loss refers to the financial loss the government would have sustained if a defendant's tax crimes were successfully completed.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/from-the-tax-law-offices-of-dav...
    SOURCE Tax Law Offices of David W. Klasing, PC