Income Tax Terminology
When talking about income tax, there are several terms that are important to understand. One such term is "exclusion from income." An exclusion from income...
The Importance of Accounts Payable
When it comes to your organization's cash position, Accounts Payable is one of the most important parts of your bookkeeping process. This is because your...
Identifying the Objectives of Investment
There are several objectives that you should consider when investing. Some investors are conservative, and their only goal is to have a certain amount of...
Taxation Terms and Conditions for Royalties
There are a number of taxation terms and conditions governing the payment of royalties. These payments are paid for intellectual property (copyright, patent, trade mark,...
What Is Owner Finance?
Seller financing, otherwise known as bond for title or owner finance, is a type of mortgage that enables you to buy a home without putting...
The Importance of Loan Types
There are many types of loans. Some of them require collateral, while others do not. In each case, the terms of the loan will differ...
How to Finance a Car
There are many ways to finance a car, and the choice you make will depend on your personal situation and financial situation. Whether you go...
Taxable Income For Self-Employed Individuals
Taxable income is the amount of money that an individual is required to pay to the government. This tax is calculated using the taxpayer's tax...
How to Avoid Making an Investment in the Share Market Based on Your Intuition
If you're a novice to the share market, you may be wary of making an investment based on your own intuition. While it's a great...
What Is Accounts Receivable?
Accounts Receivable represent the money a firm has unpaid by its customers. This type of revenue is generated when a business creates an invoice and...