Tag: finance

Accounting Finance

What Is The Income Statement And Examples

Compared with the balance sheet reflecting the activity of a company at some point, the income statement shows the company’s financial situation over a long period of time. In other words, the income statement deals with the company’s revenues and expenses, presenting a summary of its financial activities from 3, […]

Insurance

Auto Insurance Minimums

Every state or locality has their own requirements for the minimum amount of car insurance a person needs to carry in order for them to cover themselves and others in the event of an accident. For many people, carrying the minimum is standard because it is the most affordable way […]

Taxes

Biggest US Tax Evaders

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. […]