Animal Wellness Applauds Maryland Delegation for Working to Pass Sen. Joe Tydings Memorial PAST Act to End Horse Abuse

U.S. Senator Joe Tydings

U.S. Senator Joe Tydings

Priscilla Presley, U.S. House Majority Leader Steny Hoyer (D-MD), Holly Gann, and Marty Irby on Capitol Hill Discussing the PAST Act

World Grand Champion Tennessee Walking Horse performing the "Big Lick"

World Grand Champion Tennessee Walking Horse performing the “Big Lick”

Devices the PAST Act would outlaw

Soring

Example of soring that enforcement of the Horse Protection Act would prevent

Rep. Andy Harris Breaks from the Delegation, and Majority of Republicans, Siding with Abusers

My granddad would be so thrilled the PAST Act passed the House by such an overwhelming margin.”

— Ben Tydings Smith, grandson of Senator Joe Tydings

ANNAPOLIS, MARYLAND, USA, August 30, 2019 /EINPresswire.com/ — The U.S. House of Representatives recently passed the U.S. Senator Joseph D. Tydings Memorial Prevent All Soring Tactics (PAST) Act, H.R. 693, by a vote of 333 to 96. The measure, named after the late Senator who authored the Horse Protection Act of 1970, and passed away last fall, received the full support of U.S. House Majority Leader Steny Hoyer, and Reps. Anthony Brown, Elijah Cummings, Jamie Raskin, Dutch Ruppersberger, John Sarbanes, and David Trone who are all cosponsors of the bill and voted for the measure.

In an odd twist, U.S. Rep. Andy Harris, also a cosponsor of the PAST Act, changed his position and voted against the bill, siding with animal abusers.

The PAST Act seeks to strengthen the Horse Protection Act and end the torturous, painful practice of soring Tennessee Walking, Racking, and Spotted Saddle Horses. Soring, the intentional infliction of pain to horses' front limbs by applying caustic chemicals such as mustard oil or kerosene or inserting sharp objects into the horses' hooves to create an exaggerated gait known as the "Big Lick,” has plagued the equine world for six decades. The “Big Lick” animal cruelty will be exhibited for the next 2 days at the Tennessee Walking Horse National Celebration in Shelbyville, Tennessee.

Both U.S. Senators Ben Cardin and Chris Van Hollen are listed as cosponsors of the Senate companion bill, S. 1007, led by the senior U.S. Senator from Idaho, Republican Mike Crapo, that mirrors the House passed legislation and currently has 43 cosponsors in the Upper Chamber.

“This legislation will close loopholes that enable the cruel practice of ‘soring’,” said U.S. House Majority Leader Steny Hoyer (MD-05). “I thank Rep. Schrader for being a champion of animal welfare issues and building on the legacy of my late friend, Senator Tydings. I urge Senator McConnell to take up this bipartisan legislation without delay.”

“My reason for supporting the PAST Act is simple: soring is cruel and inhumane,” said Rep. Dutch Ruppersberger (MD-02). “I share the outrage of my constituents at those who chose to abuse animals and it’s time we finally implement laws that are already on the books banning this practice.”

“Soring is a cruel and inhumane practice that puts the welfare of horses at risk,” said Rep. Elijah Cummings (MD-07). “The PAST Act would help put an end to this abusive procedure by strengthening current regulations and bringing transparency to the horse competition industry. I am pleased that the PAST Act is named in honor of my late friend, Senator Joseph D. Tydings. A tireless fighter for animal rights, Joe devoted his life to ending the practice of soring.”

“My granddad would be so thrilled the PAST Act passed the House by such an overwhelming margin,” said Ben Tydings Smith, grandson of the late Senator Joseph D. Tydings. “He cared so deeply for these horses and I know he is probably looking down with a big smile on his face. On behalf of the Tydings family, thank you to all the sponsors, cosponsors, and Members of the House who voted to end soring and cement grandad’s legacy.”

“We applaud the Members from Maryland that supported the PAST Act for their key role in helping end the practice of soring that has marred the show horse world for six decades, and thank Leader Hoyer for his tremendous work on this issue.” said Marty Irby, executive director at Animal Wellness Action and a past president of the Tennessee Walking Horse Breeders’ & Exhibitors’ Association. “Senator Tydings was a dear friend, who cared deeply about the Tennessee Walking Horse and I believe he’s still working to help the horses from above.”

"Timing is ripe, and the majority of Americans want to see Congress work to protect these iconic American horses upon whose backs our country was built upon," said Animal Wellness Advocate Priscilla Presley. "U.S. Senate Majority Leader Mitch McConnell should swiftly schedule a vote on the PAST Act, and execute the will of the American people, and I call on him to do so!"

The PAST Act would ban the use of painful large stacked shoes and ankle chains and would also eliminate the existing system of self-regulation by the industry and toughen penalties for violators of the Horse Protection Act. It’s supported by the American Saddlebred Association, American Quarter Horse Association, Animal Wellness Action, the American Horse Council, American Veterinary Medical Association, American Association of Equine Practitioners, United States Equestrian Federation, National Sheriff’s Association, and Maryland Veterinary Medical Association.

The PAST Act has been blocked for years by a handful of well-placed lawmakers, but a new House rule triggering consideration of any measure that attracts 290 or more cosponsors brought the issue to the floor. PAST attracted 308 cosponsors and was led by Rep. Kurt Schrader (D-OR) and Ted Yoho (R-FL), cochairs of the Congressional Veterinary Medicine Caucus, along with Reps. Steve Cohen (D-TN), Ron Estes (R-KS), Jan Schakowsky (D-IL), and Chris Collins (R-NY).

Check out what Members of Congress are saying about the PAST Act by clicking here.

Animal Wellness Action (Action) is a Washington, D.C.-based 501(c)(4) organization with a mission of helping animals by promoting legal standards forbidding cruelty. We champion causes that alleviate the suffering of companion animals, farm animals, and wildlife. We advocate for policies to stop dogfighting and cockfighting and other forms of malicious cruelty and to confront factory farming and other systemic forms of animal exploitation. To prevent cruelty, we promote enacting good public policies and we work to enforce those policies. To enact good laws, we must elect good lawmakers, and that’s why we remind voters which candidates care about our issues and which ones don’t. We believe helping animals helps us all.

Marty Irby
ANIMAL WELLNESS ACTION
+12028215686
email us here
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Alleged “pressure shod” sored horse in Alabama


Source: EIN Presswire

Dogs and Their Caretakers Sickened in 35-State Salmonella Outbreak Leads to Multiple Lawsuits

Pig Ear Salmonella lawyer

Pig Ear Salmonella Victim – Recovering Well!

Pig Ear Salmonella lawsuit

Both became sick, as did their caretaker.

Pig Ear Salmonella lawyer

Pig Ear Salmonella lawsuit

Man’s Best Friends are getting sick after consuming imported pigs ears contaminated with salmonella. At least 145 Caretakers have become ill, many hospitalized

Many people stock up on this product as it has a long shelf-life and have the product in their homes. They are still feeding it to their pets while they and their kids are still handling the product.”

— National Salmonella Lawyer Ron Simon

DES MOINES, IOWA, USA, August 30, 2019 /EINPresswire.com/ — Man’s Best Friends are getting sick after consuming non-irradiated pigs ears contaminated with salmonella. Many pet caretakers are also becoming sick from either handling the pig ear’s contaminated with salmonella, or simply loving on man’s best friend. The FDA has taken action to prevent the spread of salmonella believed to be linked to the pig ears imported from Argentina, Brazil and Columbia.

In recent months, man’s best friends have been getting sick by the many hundreds, if not thousands, from salmonella food poisoning. They cannot communicate their gastrointestinal illness, and are rarely tested, but many dog lovers know something is wrong with their loved one. Then, in a twist that adds insult to injury, at least 145 caretakers have also become ill in at least 35 states! Iowa has been hit hardest with 23 ill caretakers, and Illinois with 10. These caretakers, and the ones in another 33 states (discussed below) have either become sick form handing the pig ears when feeding them to their dogs, or by contact with their dogs after they become ill, such as though touch or cleaning up after their pup’s illness. The transfer of a pathogen form an animal to a human is all to common, referred to in veterinary materials as zoonosis.

[The dogs pictured, and their caretakers, are all victims of the Pig Ear Salmonella Outbreak]

Unfortunately, about one –in-three of the human illnesses have required hospitalization due to the severity of their illnesses and the fact that many have developed an antibiotic resistant strain of salmonella!

It took investigators a little time to identify the source, but after at least 90 samples of pig ears, many from victims homes, tested positive for multiple strains of salmonella ( there are at least 2100 strains, or serotypes, of salmonella). The serotypes implicated in this outbreak include, so far, Salmonella Anatum, Salmonella Brandenburg, Salmonella Cerro, Salmonella Derby, Salmonella Give, Salmonella Infantis, Salmonella Livingstone, Salmonella London, Salmonella Newport, Salmonella Panama, Salmonella Rissen, Salmonella Seftenberg, Salmonella Typhimurium, Salmonella Uganda, Salmonella Worthington and one with its own unique name,” Salmonella I 4,[5],12:i:-.”

The companies issuing recalls include Brutus & Barnaby, Chef Toby, Good Dogs USA, Lennox International, and Pet Supplies Plus – so far. It is likely other retailers and distributors will also issue recalls or stop selling the product in the near future. Amazon, for example, has been one of the distributors of the tainted product.
FDA Issues “Detention Without Physical Examination and Intensified Coverage of Pig Ears And Other Pet Treats Due To The Presence of Salmonella”

In addition to conducting an extensive trace-back in the U.S., the U.S. Food and Drug Administration (“FDA”) has issued an Import Alert 72-03 to temporarily cease import of the potentially deadly products until further notice. According to Steven M. Solomon, D.V.M., M.P.H., director of the FDA’s Center for Veterinary Medicine, “The FDA takes seriously our responsibility to protect both human and animal health . . . we believe the most effective way to protect public health at this time is to warn consumers to avoid purchasing or feeding their pets all pig ear treats and for retailers not to sell these products. We also continue to advise those who may have come into contact with potentially contaminated products to practice safe hygiene, including thoroughly washing hands and disinfecting any surfaces that have touched pig ear pet treats. The FDA will provide additional updates as our investigation further progresses.”

Director Solomon also confirmed that the tainted pig ears are believed to have come from Argentina, Brazil and Columbia.

The FDA’s Center for Veterinary Medicine issued the following statement:
“The FDA and CDC are advising consumers to avoid all pig ear pet treats and retailers to stop selling all pig ear treats at this time. Lennox Intl Inc., a distributor of pig ear pet treats, has recalled some of the treats involved in this outbreak. Last month, Pet Supplies Plus also initiated a recall of bulk pig ears after samples tested by the Michigan Department of Agriculture and Rural Development tested positive for Salmonella. And, most recently, on August 16, Dog Goods USA LLC announced a recall of non-irradiated bulk and packaged Chef Toby Pig Ears.”

The states implicated in the pig ear salmonella outbreak include Alabama, Arizona, California, Colorado (3 cases), Connecticut, Florida (3 cases), Georgia (3 cases), Hawaii, Illinois (10 cases), Indiana (5 cases), Iowa (23 cases), Kansas (3 cases), Kentucky (6 cases), Louisiana, Maine, Maryland, Massachusetts (4 cases), Michigan (14 cases), Minnesota, Missouri (7 cases), New Hampshire, New Jersey (3 cases), New Mexico, New York (16 cases), North Carolina (2 cases), North Dakota, Ohio (8 cases), Oregon (3 cases), Pennsylvania (7 cases), South Carolina (2 cases), Texas (2 cases), Utah, Virginia, Washington, and Wisconsin (4 cases).

According to local and national news outlets, most tainted products have been removed from the shelves. The problem, however, is explained by National Salmonella Lawyer Ron Simon who is handling a number of the pig ear salmonella lawsuits: “Many people stock up on this product since it has a long shelf-life and are likely to still have the product in their homes. They are still feeding it to their pets, their kids are handling the product, and in other cases, the dogs are sick themselves still, and actively shedding the disease so the family is at risk. Too few dogs are taken to the vet, properly diagnosed with as tool culture, and placed on an antibiotic proven to kill that strain of salmonella.”

For more information about salmonella, the pig ear salmonella lawsuits or pig ear salmonella recalls, call 1-888-335-4901.

Ron Simon
Ron Simon & Associates
7133354900
email us here
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National Salmonella Attorney Ron Simon Explains Salmonella


Source: EIN Presswire

West Virginia Mesothelioma Victims Center Now Urges A Person in West Virginia With Mesothelioma to Call Them For Direct Access To Attorney Erik Karst of Karst von Oiste-No Nonsense Better Compensation Results

The West Virginia Mesothelioma Victims Center is an advocate for people with mesothelioma in and they do not want a person with mesothelioma to get overcharged by lawyers as far as legal fees.”

— West Virginia Mesothelioma Victims Center

WHEELING , WEST VIRGINIA, USA, August 30, 2019 /EINPresswire.com/ — The West Virginia Mesothelioma Victims Center says, "We want a person with mesothelioma in West Virginia or their family members to call us anytime at 800-714-0303 so we briefly explain the financial compensation process and explain why it is so important to get organized when it comes to how, where and when the person was exposed to asbestos. It is this information that is the foundation for a mesothelioma compensation claim and it is vital. We can help a person with mesothelioma organize this information-and we want to emphasize our service is free.

"At some point early on we would also like to introduce a person with mesothelioma in West Virginia to attorney Erik Karst the founding partner of the law firm of Karst von Oiste. The law firm of Karst von Oiste is one of the nation's top mesothelioma law firms and they consistently get the best financial compensation results for their clients.

"We offer direct access to attorney Erik Karst to a person with mesothelioma in West Virginia if they would call us anytime at 800-714-0303. Once we have a little basic information-we will text Erik and he will call you right back." https://WestVirginia.MesotheliomaVictimsCenter.Com

The West Virginia Mesothelioma Victims Center is an advocate for people with mesothelioma in West Virginia and they do not want a person with mesothelioma to get overcharged by unscrupulous lawyers as far as legal fees as they would be happy to discuss anytime at 800-714-0303. https://WestVirginia.MesotheliomaVictimsCenter.Com

Please don't shortchange yourself or your family member by not selecting the nation's most skilled and experienced mesothelioma attorneys if you have been diagnosed with this rare form of cancer anywhere in West Virginia-including-Wheeling, Morgantown, Martinsburg, Charleston, Huntington, and Fairmont."
www.karstvonoiste.com/

The West Virginia Mesothelioma Victims Center is also incredibly focused on making certain a diagnosed victim in the Mountain State has the best treatment options. Two of the better options for diagnosed victims in West Virginia include the Mary Babb Randolph Cancer Center in Morgantown, or the University of Pittsburgh's Cancer Institute:

* The Mary Babb Randolph Cancer Center Morgantown, West Virginia: http://www. wvucancer.org/.#sthash. lf6xcXiQ.dpuf

* The University of Pittsburgh Cancer Institute Pittsburgh, Pennsylvania: https://upci. upmc.edu/

The states indicated with the highest incidence of mesothelioma include Maine, Massachusetts, Connecticut, Maryland, New Jersey, Pennsylvania, Ohio, West Virginia, Virginia, Michigan, Illinois, Minnesota, Louisiana, Washington, and Oregon. www.karstvonoiste.com/

High-risk work groups for exposure to asbestos in West Virginia include US Navy Veterans, power plant workers, shipyard workers, oil refinery workers, steel mill workers, coal miners, manufacturing, or industrial workers, plumbers, electricians, auto mechanics, machinists, miners, or construction workers. Typically, the exposure to asbestos occurred in the 1950's, 1960's, 1970's, or 1980's. https://WestVirginia.MesotheliomaVictimsCenter.Com

For more information about mesothelioma please refer to the National Institutes of Health's web site related to this rare form of cancer: https://www.cancer.gov/types/mesothelioma.

For more information about asbestos exposure lung cancer and mesothelioma please visit the CDC's website on these topics: https://www.atsdr.cdc.gov/asbestos/health_effects_asbestos.html.

Michael Thomas
West Virginia Mesothelioma Victims Center
+1 800-714-0303
email us here


Source: EIN Presswire

Virginia US Navy Veterans Mesothelioma Advocate Urges A Navy Veteran with Mesothelioma Nationwide To Call Them for Instant Access to Attorney Erik Karst of Karst von Oiste-Norfolk Veterans Deserve Better Compensation

"If you are a Navy Veteran and you have recently been diagnosed with mesothelioma or their family please call us anytime at 800-714-0303. We offer some vital services and our services are free.”

— Virginia US Navy Veterans Mesothelioma Advocate

NORFOLK, VIRGINIA, USA, August 30, 2019 /EINPresswire.com/ — The Virginia US Navy Veterans Mesothelioma Advocate says, "Our number one priority is seeing to it that a Navy Veteran with mesothelioma receives the best possible financial compensation-especially if the Navy Veteran's primary exposure to asbestos occurred at Norfolk, Virginia. Norfolk is the home of the world's largest navy base and it's been that way for a long time.

"If you are a Navy Veteran and you have recently been diagnosed with mesothelioma or their family members please call us anytime at 800-714-0303. We offer some incredibly vital services and our services are free." https://Virginia.USNavyMesothelioma.com

The Virginia US Navy Veterans Mesothelioma Advocate offers the following free services:

* Assistance in creating what is called the 'list' that documents a Navy Veteran's exposure to asbestos. Documenting how, where and when a Navy Veteran was exposed to asbestos is the basis for a mesothelioma compensation claim and the group will help a Veteran with mesothelioma to develop this very important information as they would like to discuss anytime at 800-714-0303.

* The group offers direct access to famed mesothelioma attorney Erik Karst of the law firm of Karst von Oiste who will explain the compensation process and provide an assessment of what the Navy Veteran's settlement could be worth.

* The group will assist a Navy Veteran with mesothelioma or asbestos exposure lung cancer to get VA disability benefits.

* "Before a Navy Veteran with mesothelioma in Virginia or nationwide hires a lawyer to assist with a mesothelioma compensation claim please call us at 800-714-0303." https://Virginia.USNavyMesothelioma.Com

The US Navy Veterans Mesothelioma Advocate's services are available to US Navy Veterans with mesothelioma in Norfolk, Virginia Beach, Chesapeake, Arlington, Richmond, Newport News, Hampton, Roanoke, Portsmouth or anywhere in Virginia. www.karstvonoiste.com/

For the best possible mesothelioma treatment options in Virginia the Virginia US Navy Veterans Mesothelioma Advocate strongly recommends the following heath care facilities with the offer to help a diagnosed victim, or their family get to the right physicians at each hospital.

* Massey Cancer Center Richmond, Virginia: https://www.massey.vcu.edu/

* University of Virginia Cancer Center Charlottesville,Virginia: https://cancer.uvahealth.com/

Every US Navy ship vessel built up to 1980 contained asbestos. Extreme exposure to asbestos may have occurred to US Navy Veterans if they were assigned to a navy ship’s engine room, as a machinists mate, electrician, plumber/pipefitter, mechanic, in engineering, as a repair crew member, as a crew member on a nuclear submarine or as a member of the Navy Seabees. Additionally, a US Navy Veteran could have received extreme exposure to asbestos if they were required to stay on their ship or submarine for a major repair, overhaul or retrofit at a shipyard. Asbestos exposure was so extreme on US Navy ships and submarines, about one third of all US citizens diagnosed with mesothelioma each year are Veterans of the US Navy. https://USNavyMesothelioma.Com

The states with the highest incidence of mesothelioma include Maine, Massachusetts, Connecticut, Maryland, New Jersey, Pennsylvania, Ohio, West Virginia, Virginia, Michigan, Illinois, Minnesota, Louisiana, Washington, and Oregon. www.karstvonoiste.com/

For a listing of various classes of US Navy ships or submarines please visit the US Navy website on this topic: https://www.navy.mil/navydata/our_ships.asp.

For more information about mesothelioma please refer to the National Institutes of Health's web site related to this rare form of cancer: https://www.cancer.gov/types/mesothelioma

Michael Thomas
Virginia US Navy Veterans Mesothelioma Advocate
+1 800-714-0303
email us here


Source: EIN Presswire

Lt. Jeff Goad from Milan, TN Police Department Says WOLFCOM Body Cameras Constantly Help Officers on Cases

Milan Police Department has recently purchased WOLFCOM Halo Police Body Cameras and Lt. Jeff Goad claims officers are happy with it.

MILAN, TENNESSEE, UNITED STATES, August 29, 2019 /EINPresswire.com/ — Milan Police Department has recently purchased WOLFCOM Halo Police Body Cameras and Lt. Jeff Goad claims officers are happy with it. The department has also been using the WOLFCOM Evidence Management Software (WEMS) since July 2018 and they like the extra layer of security the software provides them.

According to Lieutenant Jeff Goad, the officers prefer the Halo Body Cameras over the older model they previously used. “The 4 officers that are using them [Halos] like them, they don’t want to go back to the old ones. I gotta talk to the Chief, but we may be switching everybody over to the Halos,” said the Lieutenant. “What the officers like is the one button on the front. You just tap the button on the front, it records, you tap it again and it stops,” he added. The Milan Police Department currently has a total of 6 officers using WOLFCOM Body Cameras ─ 4 using the Halo and 2 using the Vision. Jeff also claims to like the affordability of this new camera. “The price of the Halo is great,” said the Lieutenant.

The Halo Body Cameras have been a valuable tool for their department. “We constantly use them on DUIs and drug cases. Once they find out we have body camera videos, their attitude usually changes. If the Chief has a complaint on somebody, he comes back here, I pull the video up and he watches it. There’s no disputing a video,” said the Lieutenant.

For the Lieutenant, the WOLFCOM Evidence Management Software is a key aspect of the WOLFCOM complete body camera system. “I like the WEMS, the security part. On our other cameras, if you know a little bit about computers, you could access the videos,” said Jeff. “With this [WEMS], there’s no access. I don’t see any way that you can hack these videos,” he added. Jeff also claims he would recommend WOLFCOM to other agencies. “I would refer them in a heartbeat. We had a little issue the other day with the extractor, Scott remoted in and fixed it. The tech support is really good,” said Lt. Goad.

Rafael Drummond
WOLFCOM
+1 626-794-9000
email us here
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Source: EIN Presswire

Burn$ Funding Introduces New Division to Help Entrepreneurs Raise Capital By Applying An Underutilized Tax Law

Peter J. Burns III

Peter J. Burns III

Burn$ Funding announced today the introduction of Cost Segregation Studies for Entrepreneurs, as a way to help entrepreneurs raise capital for their businesses.

Cost Segregation is a process through which a Certified Analyst appraises a commercial property and adjusts the scheduled depreciation life cycle of non-structural elements.”

— Peter J. Burns III

LA JOLLA, CALIFORNIA, UNITED STATES, August 29, 2019 /EINPresswire.com/ — Countless entrepreneurs are watching their businesses languish on the vine because they have exhausted traditional funding sources and don’t know where else to turn.

That scenario is one of the main reasons why serial start-up entrepreneur Peter J. Burns III started Burn$ Funding earlier this year. As Burn$ Funding builds out its product offering, the company announced today the introduction of Cost Segregation Studies for Entrepreneurs, specifically to help entrepreneurs raise capital for their businesses.
What is a Cost Segregation study?

A Cost Segregation study identifies aspects of physical property that can be placed on accelerated depreciation life cycles, which can potentially result in huge tax savings for eligible property owners.

“One of the first questions that comes to mind when I tell a small-business owner about Cost Segregation is, ‘Is it legal?’,” said Burns. “Yes, Cost Segregation is perfectly legal and IRS-compliant. The IRS has even published guidelines for a proper Cost Segregation study on its website. Even better, it is an easy process for the property owner, with the help of an experienced professional.”

While the modern application of Cost Segregation can be traced most directly to two landmark 1997 court cases, Burns was the first to tie Cost Segregation studies to other business ventures back in 2005, while serving as an adjunct faculty member at the Barrett Honors College at Arizona State University. Partnering with a student enrolled in his entrepreneurship-centric “Ready, Fire, Aim” course, Burns created a marketing company for Cost Segregation Studies and managed to generate over $180,000 of profit in only three months. Shortly thereafter, other opportunities beckoned, and Burns put Cost Segregation on the back burner.

But not for long. Burns soon devised a number of unique applications for the strategy of Cost Segregation and filed several provisional patent pending applications, one of which centered on charitable fundraising. Burns expanded on this application when he was invited two years ago to serve as a board member at an entrepreneurial center that is part of a major west coast university. Burns showed the board to how, by promoting Cost Segregation to donors, they could dramatically increase donations at essentially no cost to the donors. This is just one example, but the message is that Burn$ Funding knows that there is a tremendous opportunity for every 501c-3 charity to use Cost Segregation as a way to raise funds from donors who own eligible property.

Cost Segregation Studies and Their Application for the Entrepreneur

So what is Cost Segregation and how can it be useful in securing growth capital for your business?
Put simply, Cost Segregation is a process through which a Certified Analyst appraises a commercial property and adjusts the scheduled depreciation life cycle of non-structural elements, including items like fixtures, plumbing, appliances, roof, hardscape, etc. Since the default tax life on a commercial building is 39 years under standard straight-line depreciation, a Cost Segregation study identifies the myriad components of a property that can instead be placed on 5, 7, or 15-year depreciation terms. And there is an acceleration provision that can increase the depreciation schedule even further which expires at the end of 2019.

This depreciation acceleration often leads to huge tax savings in the early years of a property’s life, and allows property owners to retroactively catch up on any savings that result from the depreciation adjustment. Burns has commissioned hundreds of Cost Segregation studies himself and has observed the rule of thumb that typically, around six percent of the value of a building is returned immediately, in the form of tax benefits.

As mentioned above, the entire process is guided by IRS regulations, meaning any CPA should be able to take the results of a Cost Segregation study and safely use it for tax filing purposes. In fact, Cost Segregation should only be performed by experts who are part of the American Society of Cost Segregation Professionals (ASCSP). The ASCSP is the only body in the US that certifies the qualifications of Cost Segregation professionals, and operates in accordance with a fully-fledged Code of Ethics.

While the ASCSP provides a directory of Cost Segregation professionals who are members of the organization, as few as five percent of the roughly 91 million eligible buildings have had a Cost Segregation study performed. By Burns’ estimates, that means that there are hundreds of billions of dollars in potential investment capital, operating capital, or charitable donations being left on the table.

About Burn$ Funding

Burn$ Funding is an emerging aggregator of non-traditional tools for securing growth capital. Three of those tools, in particular stand out. First, Burn$ Funding has institutionalized the bridge funding process to help clients reduce credit card debt and obtain a higher credit score. This allows Burn$ Funding clients to secure more capital at remarkably low interest rates, in some cases as low as zero percent for an introductory period of 12-21 months. Second, Burn$ Funding offers a market in shelf corporations, which are business entities that are no longer being used because their assets have been sold, typically through acquisition. However, these corporations are still viable because they have exemplary credit records. While these entities typically range in cost from $5,000 to $10,000, their clean record can help clients secure lines of credit for growth. Third, Burn$ Funding has pioneered the use of Cost Segregation to allow commercial real estate owners to generate capital (in the form of tax savings) based on a little-known IRS allowance. A cost segregation study identifies aspects of a property that can be placed on accelerated depreciation life cycles, typically resulting in huge tax savings for eligible property owners.

holt hackney
hackney publications
5126320854
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Source: EIN Presswire

The Roundup Options Help Center of Texas Encourages Those Diagnosed with NHL or CLL to Call The Steinberg Law Group

Glyphosate-based weed killers are carcinogenic.

Roundup is one of many glyphosate-based weed killers on the market.

Experience/Resources/Results

The Roundup Options Help Center of Texas Encourages Those Diagnosed with Non-Hodgkin’s Lymphoma to Call for Access to Attorneys at The Steinberg Law Group

Monsanto is making a product that's at least 10 times, maybe 100 times safer all across Europe.”

— Charles Benbrook, Agricultural Economist

HOUSTON, TEXAS, USA, August 29, 2019 /EINPresswire.com/ — The Roundup Options Help Center of Texas is dedicated to providing the best legal assistance to people stricken with Non-Hodgkin’s Lymphoma or Chronic Lymphocytic Leukemia from exposure to Roundup or other glyphosate-based weed killers. Anyone wishing to discuss their legal options should call (888) 891-2200 to speak directly with a member of The Steinberg Law Group.

The Roundup Options Help Center of Texas has endorsed The Steinberg Law Group because of their decades of experience in handling mass action and class action cases. With offices in New York, California and Texas, The Steinberg Law Group has a national footprint that helps them obtain the best possible financial compensation for clients.

Roundup is a glyphosate-based herbicide originally produced by Monsanto and introduced to the consumer market in 1974. Monsanto, which Bayer acquired in 2018, developed and patented the glyphosate molecule and retained exclusive rights to glyphosate in the US until its US patent expired in September 2000 (the patent expired earlier in other countries). As a result, today, many similar products use glyphosate as an active ingredient.

The World Health Organization’s International Agency for Research on Cancer identified glyphosate as a probable human carcinogen. Despite evidence that Monsanto and other producers of glyphosate-based herbicides knew of the probable cancer-causing effects of their products, consumers were not properly warned of the potential dangers. States with the highest risk of glyphosate exposure include Minnesota, North Dakota, Ohio, Indiana, Illinois, Michigan, Iowa and Ohio. On average, Non-Hodgkin’s Lymphoma takes up to 10 years to emerge so even if one's glyphosate exposure occurred outside of their home state, The Steinberg Law Group can still obtain the maximum financial compensation available.

If you or a loved one has been diagnosed with Non-Hodgkin’s Lymphoma or Chronic Lymphocytic Leukemia and used Roundup or other glyphosate-based herbicides after 1990, the Roundup Options Help Center of Texas encourages calling (888) 891-2200 or visiting roundupoptions.com for more information on how The Steinberg Law Group can help.

Monica Rivera
Roundup Options Help Center
+1 8888912200
email us here
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Source: EIN Presswire

GPB Capital Holdings Lawsuits Filed by Investment Fraud Lawyers

GPB Capital Lawsuit

GPB Capital Lawsuit

GPB Capital investors are seeing massive declines in value and fearing for the worse following recent bad news. Many are filling lawsuits to recover losses.

PALM BEACH, FL, USA, August 29, 2019 /EINPresswire.com/ — Investors who invested in with GPB Capital Holdings LLC are becoming Increasingly concerned. The negative news about investigations from state and federal securities regulators as well as the FBI and recently reported losses of investment value have all combined to make investors uncomfortable. To make matters worse GPB Capital was accused by a former business partner of running a “ponzi-like” scheme.

Haselkorn & Thibaut, a national investment fraud law firm, is currently investigating claims against GPB and other firms that sold GPB Funds is currently representing investors that are trying to recover losses.

Jason Haselkorn, a Partner, said the following, “We are receiving a number of calls from worried investors and we have dedicated a team investigating the GPB Capital investments. The current reports are very disturbing to investors, many of whom are deeply concerned that there may be more bad news.”

He continues, “Investors need to know there are options for them to recover their realized or unrealized investment losses, but time is running out for some investors depending on their dates of purchase and that may limit some of their potential recovery options.” Investors are encouraged to call 1 888-628-5590 or visit their website at www.InvestmentFraudLawyers.com.

According to its website, GPB is a New York-based alternative asset management firm focusing on acquiring income-producing private companies in various industries, notably the “automotive retail” sector.

Since 2013, GPB, with the help of 4,000 retail investors, raised ~$1.3 billion via its GPB Automotive Portfolio and GPB Holdings II funds (“GPB Funds”), purchased automotive dealerships in New England, Pennsylvania, New York and Texas.

Investors were lured by attractive income or dividend streams originally promised or offered by GPB and the representations related to same by many other broker dealers and financial advisors who sold the GPB Funds to investors. Brokers and advisors were motivated to sell the GPB Funds in some cases because they earned an 8% commission. In the aggregate, brokers received more than $100 million in commissions for selling these investments.

In July 2017, GPB sued its former business partner who allegedly reneged on a sale of multiple care dealerships in the New York metropolitan area, where among other claims, GPB sought the return of $42 million it had paid to the former business partner. While litigation continues, other problems for GPB surfaced in 2018:

· April 2018: GPB failed to produce audited financial statements;

· August 2018: GPB announced no new investor capital would be accepted;

· September 2018: Massachusetts Division of Securities launches investigation, including sales practices of over 60 independent broker-dealers;

· November 2018: GPB’s auditor, citing perceived risks, resigned;

· December 2018: FINRA and SEC has also launched independent investigations into GPB and those broker-dealers that have sold the GPB Funds; and

· February 2019: the FBI invaded the GPB offices.

According to Wealth Management, the State of Massachusetts’ investigation was prompted by an anonymous tip from an independent firm that GPB missed important SEC filing deadlines, which were required due to size of the GPB Funds. According to Investment News, among the 63 independent broker-dealers cited in the Massachusetts’ investigation were Royal Alliance Associates Inc., Sagepoint Financial Inc., FSC Securities Corp. and Woodbury Financial Services Inc. In addition, its believed that Newbridge Securities, Ladenburg Thalmann and Hightower Securities also sold GPB Funds.

The GPB Funds are private placement investments, which can be very complex, risky, and unsuitable for some retail investors. Private placements are only available for accredited investors, which is an investor with over a $1 million net worth (individually or jointly, excluding residence), or income greater than $200,000 (or $300,000 for joint income) for the preceding two years and earning the equivalent in the current year.

Individual brokers licensed with the Financial Industry Regulatory Authority (“FINRA”) are required to adhere to various rules, laws and regulations when recommending the purchase, sale or hold of a security. Moreover, the brokers’ employing firms are required by law to supervise the brokers’ activities. Unfortunately, some brokers, possibly motivated by high-commissions private placements like the GPB Funds, may have run afoul of industry rules, laws and regulations in a myriad of ways. They, along with their employing firms, may be liable to you for your investment losses in GPB Funds.

If you are an investor who has any questions related to the handling of your investments in the GPD Funds or any other private placement, please call the Haselkorn & Thibaut at 1 888-628-5590 for a no-cost consultation and portfolio review. You can also visit us at InvestmentFraudLawyers.com. We handle cases nationwide. No Recovery, no Fee.

Jason Haselkorn
Haselkorn & Thibaut, P.A.
+15615850000
email us here


Source: EIN Presswire

The Fifth EU Anti-Money Laundering Directive and its impact on fintechs – An expert view by Nans Lorenzini, LIMONETIK

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Since 1996, the European Union has been constantly legislating to regulate and protect the financial system and to avoid massive deregulation.

PARIS, ILE-DE-FRANCE, FRANCE, August 29, 2019 /EINPresswire.com/ — The purview of regulators has widened; initially targeting the laundering of narcotics money, the campaign now includes all forms of crime, tax evasion, and terrorist financing.
At first, only banks and insurance companies were concerned. With the introduction of the Payment Service Directive 1 (PSD1) of 13 November 2007 and then PSD2 of 25 November 2015, the financial world opened up, resulting in a major change in the universe of payments and financial services. A large number of Fintech firms appeared on the scene, followed by the so-called regtechs.
These startups were a new kind of player that has revolutionised business offerings and services. Now regarded as full-fledged members of the financial sector, these companies are directly affected by all regulatory developments in their field such as the AML-CFT directives (Anti-Money Laundering and Counter-Terrorism Financing). The Fifth AML directive (5AMLD) will add significant detail to the Fourth Money Laundering Directive in the on-going fight against fraud and the financing of terrorism.

Review of the main measures in 4AMLD
The Directive (EU) 2015/849, known as the Fourth Money Laundering Directive (4AMLD), caused an upheaval in the financial world, intensifying the fight against money laundering. Implemented in June 2017, this AML-CFT directive allowed a risk-based graded approach.

The directive called for:
Setting up a beneficial ownership register
European member states had to create a central register (such as a company register) to identify the actual beneficiaries of companies and legal entities operating on their territory. The aim was to encourage economic transparency and combat money laundering and the financing of terrorism. The register would be used to identify natural persons who are ultimately in control of a company or legal entity and who actually benefit from it economically.
As part of their obligation to the “Know Your Customer (KYC)” or “Know Your Business (KYB)” policy, businesses offering payment services to professionals were now required to demand the beneficial ownership register from their customers. This obligation, by adding another layer to business relations, redefined the responsibilities of financial institutions and FinTechs, and the way they were organised.

New provisions for controlling digital currency
After being ignored, cryptocurrencies started to take off. They were being increasingly monitored, especially when it came to prepaid cards.

Increased monitoring of fintechs
Fintechs were new to the market and added to the European regulatory confusion. The Fourth Directive was the regulator’s reaction to a legislative vacuum. Like other players, FinTechs were now on the radar screen of EU supervisors.

Wider application of the concept of the Politically Exposed Person (PEP) and creation of a designated representative for the monitoring authorities
Along with the new directives came an enriched glossary of terms. These regulations on the fight against corruption, money laundering, and the financing of terrorism have defined new responsibilities and job functions. The goal was to improve risk analysis. In the financial sector, it is essential to assess risk by analysing the customer’s profile in as much detail as possible.
France is reportedly ahead of other countries in this endeavour. Created by the Decree of 9 May 1990, France’s financial intelligence unit, called the Unit for Intelligence Processing and Action against Illicit Financial Networks (TRACFIN), has been assessing and exposing trends and risks in the area of money laundering and terrorist financing in an annual report.

Contributions by the AML-CFT Directive
Besides providing the authorities with unprecedented powers to sanction organisations subject to AML-CFT controls, the EU has now added the Fifth Directive. The goal is to achieve European collaboration and to create rules that apply to everyone. This is also an EU response to criticism by financial institutions and fintechs about the difficulties of enforcing 4AMLD.
The Fifth Directive, which goes into effect on 10 January 2020, clarifies the previous directive by providing more detail. It is currently a hot topic, emphasising the fight against the financing of terrorism in a constantly tumultuous geopolitical context. Ever more effective systems are required to deal with the raging scandals, such as tax evasion in the Panama Papers. Moreover, previously neglected issues (eg cryptocurrencies, real estate agents and even accounting companies) are now under scrutiny.

The Fifth directive presents key measures such as:
• giving more power to the EU’s financial intelligence units EU – the purpose is to facilitate greater transparency of the identity of the actual owners of enterprises and trusts through the creation of beneficial ownership registers;
• setting up centralised national bank account and payment account registers or central data-retrieval systems in all member states – this directive will have a major impact on fintechs and financial institutions;
• providing better access for financial intelligence units to information as well as better cooperation between them – this includes access to central bank account registers;
• preventing the risk of using prepaid cards and digital currencies to finance terrorism;
• improving guarantees for financial transactions from and to high-risk third-party countries.

The Fifth Directive – for better cooperation between EU member states
The creation of common standards will help to improve coordination between national monitoring authorities. In addition, the beneficial ownership registers should be accessible to anyone showing a legitimate interest. We have witnessed an upsurge in anti-money-laundering and counter-terrorism legislation. Even France’s Action Plan for Business Growth and Transformation Pact (PACTE) applies AML-CFT concepts to include all the new payment service businesses.
By harmonising practices between the different European entities, the EU has defined a comprehensive legal framework for combating the use of goods or money collected for terrorist purposes. Better vigilance and regulation of transactions will help to fight against money laundering, a hot topic. The adoption of the Fifth Directive is proof that the EU is constantly adapting to the geopolitical and economic context in order to combat abuses.
While the text is part of a comprehensive legal framework applying to the financial sector, European member states are now anticipating the application of the directive and are preparing to implement these measures as soon as they are enforced.

Corinne ESTEVE DIEMUNSCH
LIMONETIK
+33 6 11 64 03 57
email us here
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Source: EIN Presswire

Connecticut Mesothelioma Victims Center Now Offers a Person with Mesothelioma in Connecticut On the Spot Access to Attorney Erik Karst of Karst von Oiste-Get Better Compensation Results with More Dedicated Lawyers

Connecticut

"Our bottom line-we want a person with mesothelioma in Connecticut to receive the best possible financial compensation settlement results-and we suggest the lawyers at Karst von Oiste to get it done.”

— Connecticut Mesothelioma Victims Center

NEW LONDON, CONNECTICUT, USA, August 29, 2019 /EINPresswire.com/ — The Connecticut Mesothelioma Victims Center has endorsed the law firm of Karst von Oiste to assist a person with mesothelioma in Connecticut because these dedicated lawyers consistently get their clients the best possible financial compensation results-and these amazing lawyers do not overcharge their clients. www.karstvonoiste.com/

As Connecticut Mesothelioma Victims Center would like to discuss anytime at 800-714-0303, "We have also endorsed the law firm of Karst von Oiste because they are incredibly honest. We cannot emphasize enough-once you hire a law firm to assist with a mesothelioma compensation claim you are stuck with them. It is almost impossible to fire them as we would be happy to discuss anytime at 800-714-0303. Why hire lawyers who will overcharge you and or provide you with less than satisfactory compensation results?"
https://Connecticut.MesotheliomaVictimsCenter.Com

The Connecticut Mesothelioma Victims Center is now offering to work with a person with mesothelioma in Connecticut to develop what they call the 'list' of their various exposures to asbestos. As the group would like to explain at 800-714-0303, "Documenting your exposure to asbestos becomes the foundation for a mesothelioma compensation claim and it is a very big deal. We will do everything possible to help a person with mesothelioma in Connecticut to develop the list because this information has such a huge impact on their compensation.

"Our bottom line-we want a person with mesothelioma in Connecticut to receive the very best possible financial compensation settlement results." https://Connecticut.MesotheliomaVictimsCenter.Com

The Connecticut Mesothelioma Victims Center's services are available to people with mesothelioma or asbestos exposure lung cancer in New London, Groton, Bridgeport, New Haven, Hartford, Stamford, Waterbury, Norwalk, Danbury, New Britain or anywhere in Connecticut. www.karstvonoiste.com/

For the best possible mesothelioma treatment options in Connecticut the group strongly recommend the following two heath care facilities with the offer to help a diagnosed victim, or their family get to the right physicians at each hospital.

* Yale Cancer Center New Haven, Connecticut https://www.yalecancercenter.org/

* Hartford Hospital Hartford, Connecticut: https://www.harthosp.org/Cancer/default.aspx

High risk work groups for mesothelioma in Connecticut in include US Navy Veterans or shipyard workers in New London/Groton, or workers at a power plant, at an industrial facility, at a manufacturing facility, at a public utility, as a plumber, welder, a boiler technician, as an auto repairman, as an electrician, or in the construction industry. In most cases, the exposure to asbestos caused mesothelioma at one of these types of workplaces and the exposure took place in the 1950's, 1960's, 1970's, or 1980's. www.karstvonoiste.com/

According to the CDC the states indicated with the highest incidence of mesothelioma include Maine, Massachusetts, Connecticut, Maryland, New Jersey, Pennsylvania, Ohio, West Virginia, Virginia, Michigan, Illinois, Minnesota, Louisiana, Washington, and Oregon. www.karstvonoiste.com/

For more information about mesothelioma, please refer to the National Institutes of Health's website related to this rare form of cancer: https://www.cancer.gov/types/mesothelioma.

Michael Thomas
Connecticut Mesothelioma Victims Center
+1 800-714-0303
email us here


Source: EIN Presswire