What are the terms used in business?
Business terms to know Accounting. This concept should be in every entrepreneur’s arsenal of basic business terms. Accounts receivable. This is the amount...
Business terms to know Accounting. This concept should be in every entrepreneur’s arsenal of basic business terms. Accounts receivable. This is the amount...
If you die, your federal student loans will be discharged, meaning no further payments will be required. Your parent, spouse or another person you appoint...
Profit distributions to stockholders are called dividends. Dividends must be distributed in equal amounts per share. Most small corporations have one clas...
If you have a Ltd. company registered in the UK (or any other European country), you can use that to sell on Amazon.com. The same applies for sole traders...
Regardless of whether you’re a minister performing ministerial services as an employee or a self-employed person, all of your earnings, including wages, o...
A short sale is when a home owner sells his or her property for less than the amount owed on their mortgage. In other words, the seller is “short” the cas...
IRS rules require that retirement accounts such as 401(k)s and IRAs be individually-owned, and you cannot co-own your spouse’s 401(k) account or move fund...
The term middleman is an informal word for an intermediary in a transaction or process chain. A middleman, or intermediary, will facilitate interaction be...
Philippine law requires all foreigners to provide a “Certificate of Legal Capacity to Contract Marriage” before filing for a marriage license. This certif...
But if you are a dependent, you can’t claim either credit, even if you paid for educational expenses like books or tuition out of your own pocket. That’s ...
In General: A corporation can convert from an S corporation to a C corporation by revoking the S election voluntarily, or the IRS can terminate it. Consul...
An option premium is the price paid by the buyer to the seller for an option contract. Premiums are quoted on a per-share basis because most option contra...