And here lies the importance of understanding bank loan covenants specifically for the construction companies. The debt service coverage ratio covenant (sometimes referred to as the “DSCR” covenant) measures the borrower’s ability... Read more
In the asset-liability method, deferred income tax amount is based on the expected tax rates for the periods in which the temporary differences reverse. The more complex Multi-Step income statement takes several steps to find the bottom line. The fi... Read more
The state of California requires you to pay taxes if you are a resident or nonresident that receives income from a California source. The state income tax rates range from 1% to 12.3%, and the sales tax rate is 7.25% to 10.75%. The california income... Read more
If you want to start a virtual bookkeeping business, one of the areas you’ll want to learn is marketing. To make sure your business gets seen and has a shot at generating leads, use these 9 promotion tactics. A virtual bookkeeping business is o... Read more
As a result, companies are at risk of being exposed to such penalties, especially firms with a large number of employees. They serve as a barrier or a wall of protection for companies against dishonest and deliberately harmful employees. They also p... Read more
Learn more about how you can improve payment processing at your business today. The Structured Query Language comprises several different data types that allow it to store different types of information... Free Financial Modeling Guide A Complete Gu... Read more
Please consult the sales restrictions relating to the products or services in question for further information. Small/Mid Cap Core invests in small and mid cap stocks that are well-diversified across economic sectors and meet Trillium’s sustai... Read more
These articles and related content is not a substitute for the guidance of a lawyer (and especially for questions related to GDPR), tax, or compliance professional. When in doubt, please consult your lawyer tax, or compliance professional for counsel... Read more
You can visit StudentAid.gov to see a list of our trusted federal student loan servicers, or submit a complaint directly to the FSA Ombudsman. If you have an escrow account, which is a fund you pay into each month for the purpose of paying annual pr... Read more
After the 9/11 terrorist attacks, AML regulations were updated to include measures that seek to prevent financial terrorism. The techniques used to launder money are essentially the same as those used to obscure terrorist financing. Money laundering... Read more
