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What Triggers an IRS Audit?

Harness Wealth

Math errors and typos Minor mathematical errors and typos can disrupt the IRS’s automated processing systems and can result in discrepancies that can flag your return for manual review. of individuals earning $10 million or more audited by the IRS between 2012 and 2020. As a result, the IRS will pay closer attention.

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Transcript: Lisa Shalett, CIO Morgan Stanley

The Big Picture

You’re there almost a decade, Lisa Shalett : So, and, and from 2012 to 2025, that’s a huge run. 00:31:40 [Speaker Changed] So there’s the emotions and then there’s the math, right? . ’cause we have the ability to offer these services to all our clients. In a very short period of time. Remember that.

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Transcript: Christine Phillpotts, Ariel Investments

The Big Picture

And I did a lot of options math, which I thought was interesting. 00:12:42 [Speaker Changed] Yeah, so I joined in August, 2009, and I left to join Hawaiian Bernstein in late 2012. Which was interesting because I actually started my career at JP Morgan Asset Management in the high yield and investment grade credit research team.

Investing 144
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TikTokInvestors

The Big Picture

Previously : Simple, But Hard (January 30, 2023) One-Sided Markets (September 29, 2021) The Price of Paying Attention (November 2012) See also : Welcome to FinTok, Where Day Trading, Options Investing, and Misinformation Reign ( Institutional Investor , September 25, 2020) TikTok Influencers Promise They’ll Make You Rich.

Media 335
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The “Art” of Market Timing

The Big Picture

October 22, 2012) Investing via Media Market Timing (February 8, 2009) Forecasting & Prediction Discussions Sources : We Found 30 Timing Strategies that “Worked”—and 690 that Didn’t By Wei Dai, PhD, Audrey Dong, DFA, Oct 31, 2023 In the Stock Market, Don’t Buy and Sell. By Jeff Sommer New York Times, Nov. More on this later.

Marketing 300
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Transcript: Elizabeth Burton, Goldman Sachs Asset Management

The Big Picture

One, one is true and I’ve always said is that I wanted people to stop, ask if I could doing math. And no one asked me if I can do math anymore with a degree from Booth, particularly in econometrics and statistics. So people really ask you, you take French and can you do math. Two reasons.

Assets 144
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Transcript: Brad Gerstner

The Big Picture

So here’s the math, Barry. If you have seven $50 incremental year, then every 10 year old in America, when they enter into the fifth or sixth grade and the teacher says, Hey, today we’re gonna talk about math or compounding or stocks or capitalism, they’ll say, open up. 00:44:49 [Speaker Changed] Correct?

Investing 246