Congress created the Employee Retirement Income Security Act (ERISA), whereby virtually all retirement and pension plan funds are excluded from the bankru...

Factors that Determine a Slip and Fall Settlement Negligence. Negligence involves the disregard for the safety of others by failure to act a reasonable pe...

21 percent Business Taxes The United States imposes a tax on the profits of US resident corporations at a rate of 21 percent (reduced from 35 percent by t...

The only logic I can see to this is a capital loss is a debit like an asset, an expense and a net loss on the income statement. Debits for the most part a...

When you see the phrase “cash-only” listed with a home for sale, this means the home is not in the condition to be financed under a conventional mortgage....

Credit card companies can track where your stolen credit card was last used, in most cases, only once the card is used by the person who took it. The cred...

There are a number of ways to determine the market value of your business. Tally the value of assets. Add up the value of everything the business owns, in...

Here are the steps for completing a bank reconciliation: Get bank records. Gather your business records. Find a place to start. Go over your bank deposits...

There are four main financial statements. They are: (1) balance sheets; (2) income statements; (3) cash flow statements; and (4) statements of shareholder...

With only one child attending college normally an income above $125K will disqualify you from financial aid qualification at a public university, and abou...