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What is taxation and why is it important?
Taxation not only pays for public goods and services; it is also a key ingredient in the social contract between citizens and the economy. How taxes are r...
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Is the army deployed in Afghanistan?
WASHINGTON – The White House confirmed Thursday that the U.S. military has begun its withdrawal from Afghanistan and proactively deployed additional troop...
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Can I bring my Filipino wife to the US?
Bringing the Filipino Spouse to the United States The Filipino spouse may enter the United States on a K-3 nonimmigrant visa, CR1 immigrant visa or IR1 im...
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How does a business turn into a franchise?
Here are the key steps: Take the time to prepare your staff. Carefully evaluate franchise opportunities. Interview your top franchisors to choose one. Rev...
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Should website design costs be capitalized?
Website Development Costs As the site is developing, costs to develop any application software in the website are capitalized, but other costs are expense...
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What is Internal Revenue Code IRC section 6050W?
Section 6050W requires information returns to be made for each calendar year by merchant acquiring entities and third party settlement organizations with ...
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What is it called when a company borrows money?
Definition: When a company borrows money to be paid back at a future date with interest it is known as debt financing. It could be in the form of a secure...
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How do I manage my rental property abroad?
International Landlords – Tips for Managing UK Rental Property Abroad Understand Your Legal Obligations. Consider Using Skype for Tenant Screening. Look f...
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When a seller offers financing to the buyer?
In seller financing, the seller takes on the role of the lender. Instead of giving cash to the buyer, the seller extends enough credit to the buyer for th...
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How do you write a partners capital account?
Step #1 – Credit the capital account with the capital contributed by partners, the share of profit, remuneration of partners, interest on capital, any rec...
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