America's corporate tax rate is 35% which is claimed to be the highest among industrialized nations, worldwide. However, most of the U.S corporations don't pay their taxes within those rates or percents. There are American companies that are not paying any taxes at all and are even receiving tax credits. […]
Finance
The ABC’s of Financing Your Small Business
Most people come up with an idea for a small business at some point in their lives. While there are plenty of people with business ideas, most people never follow through with them and turn them into a successful business. One of the big challenges that people have to overcome […]
Mortgage Rates Fall Again while Credit Remains Tight
The fallout from the 2007-08 mortgage collapse continues to rear its ugly head some five years later. Kareem Serageldin, a former executive for Credit Suisse, pleaded guilty on April 12 to fraud after admitting to artificially inflating the value of mortgage bonds in 2007, in an attempt to mask the […]
Finance Your Business with Private Investors and Silent Partners
A start-up business can initially face financial difficulties. But, you should know that there are many ways of financing your small business venture. Having silent partners and private investors is one good way find financing for your business. A silent partner Having a silent partner is an efficient way of […]
Don't lose the credit score that you've worked for - Can frugal living help?
It is a truth universally acknowledged that if you want to access credit, whether through credit cards or loans, you have to prove to the lenders that you will be able to pay back the entire amount that you borrow. But in order to get the credit that you deserve, […]
Private Student Loan Debt: Now Forgivable in Bankruptcy Discharge
For years, bankruptcy attorneys would inform their clients that student loan debts could not be discharged. In the past, these debts were unforgivable regardless of whether a student has completed his or her degree. A new legislation has come forward in Congress that will act as an aid to previous […]
When Should You Opt for 20 Year Term Insurance
If you are thinking of buying a life insurance and want an option where you can stay insured for few years, then a 20 year term life policy is the best you can opt for. This is because it offers low premium rates and also keeps you insured for 20 […]
Health Concerns when Applying for Life Insurance
The application process for life insurance can be very rigorous. There are many things that the companies will check to make sure that your risk of dying is as low as possible. One of the most important things going in is your medical checkup. There are many things that you […]
Bitcoins and Home Sales: Is The Use of an Alternate Currency Safe?
There is no denying that the financial crisis has led some people to desperate measures. Anyone who watches television shows like Doomsday Preppers can witness the many ways in which people are preparing themselves for the End of the World as We Know It (a phrase that has actually earned […]
Things need to know about Commercial Hire Purchase
Decades ago, having your own luxury car or heavy equipment vehicle may demand a challenging amount of funds for purchasing. Not in our lifetime. As of the present there are several companies that offer options that may help augment the difficulty of buying your vehicle for personal or business use […]
Types of Fixed Assets
Also called “tangible assets”, the fixed assets are used for the business operation, having a price higher than a predetermined threshold dollar amount when purchased and supposed to last at least one year. One of the generally accepted accounting principles-materiality-speaks about the importance of an accounting event concerning the financial […]
What is a Balance Sheet
The Balance Sheet depicts the financial situation of a company, measuring how healthy and profitable the company actually is. At the end of the accounting period (year, quarter, month), the balance sheet lists the company’s assets and the liabilities it owes. In other words, the balance sheet is about: – […]