A voluntary termination letter is a form of advance employer. This way, the process of replacing the employee can start as early as possible. Usually, voluntary termination letters include an expression of gratitude to the employer. For instance, if...
What is disinvestment
Disinvestment refers to the deliberate decision to reduce or eliminate an investment. It can be motivated by a variety of factors, including economic conditions, political considerations, or ethical concerns. Disinvestment is often seen as a negative process,...
A legal treatise containing the general principles of common law is called a restatement. Restatements were originally published to instruct judges on the governing principles of common law. Today, these legal treatises are used in financial statements. Here are...
Import substitution industrialization (ISI) is a policy that emphasizes domestic production of goods instead of importing them. The goal is to stimulate economic growth and reduce dependency on other countries. This policy was widely used in Latin America and...
As a household employee, you are responsible for paying income tax on your wages. If you fail to pay your estimated taxes, you will be subject to penalties. Some taxes are due quarterly, and you may have to pay...
What is Ricardian Equivalence Theory
Ricardian equivalence is a theory in economics that suggests that people are indifferent between paying taxes and borrowing. The theory was first put forth by economists David Ricardo and John Stuart Mill. The basic idea...
IRS Publication 525
If you have employees, you'll want to read IRS publication 525. This tax-reporting guide details how employee income is treated and reported. You'll also learn about business partnerships, real estate investments, disability pensions, and more. Even clergy...
What is a Deed of Reconveyance and what does it do
A deed of reconveyance is a document that transfers ownership of property from one person to another. When a property is sold, the deed of reconveyance is used to...
From paying your bills on time to disputing errors on your credit report and strategically paying credit card balances, there are many ways to improve your credit score. However, if you’re looking to reach your credit score goals faster,...
What Is a Bear Put Spread?
A Bear Put Spread is a trading strategy in which a trader buys and holds two put options with the same strike price. The choice of strike price depends on the aggressiveness of the...