Are credit card payments considered accounts receivable?
Some credit card receipts must be treated as receivables rather than cash. The credit card company deducts their fee before paying the company that made t...
Category: Updates
What do I need to know to start a side business?
Here are my 10 steps to starting a side business while keeping your full-time job: Make the Commitment. Inventory Your Strengths and Interests. Validate Y...
What is an escrow analysis report?
An escrow analysis is an audit of receipts and disbursements for your escrow account to determine whether adequate funds exist to pay for taxes and insura...
What do you say when you turn 50?
Happy 50th Birthday. Happy 50th Birthday. Happy 50th Birthday, to the life of the party! Wishing you a fun-filled fabulous 50th! Hope your 50th celebratio...
Which state do I pay taxes in if I moved?
Where do I file taxes if I’ve moved? In most cases, you must file a tax return in any state where you resided during the year. If you relocate to another ...
Does a charitable trust pay taxes?
A charitable trust, as defined by the IRS, is not tax-exempt, and its unexpired assets are used to support one or more charitable activities. How do you s...
How do bonds compare with stock returns?
Over the long term, stocks do better. Since 1926, large stocks have returned an average of 10 % per year; long-term government bonds have returned between...
What can an employee do when not paid?
A) Approach Labour Commissioner: If an employer doesn’t pay up your salary, you can approach the labour commissioner. They will help you to reconcile this...
Who is subject to New York City tax?
People, trusts, and estates must pay the New York City Personal Income Tax if they earn income in the City. The tax is collected by the New York State Dep...
Can you start receiving Social Security benefits whenever you decide to retire?
However, the actual amount you receive each month depends on when you start receiving benefits. You can start your retirement benefit at any point from ag...
