Recent content by James Miller

  1. J

    How to Start a Bookkeeping Business?

    I've been following this thread for a while and I wanted to add my two cents. Starting a bookkeeping business requires more than just technical skills, it also demands excellent communication and marketing skills. You'll need to network with potential clients, understand their needs, and tailor...
  2. J

    What is the earned income tax credit and who qualifies for it?

    I think the EITC is a vital tax credit that many low-income families rely on, but the qualification process can be complex and confusing for some individuals. I've worked with clients who were eligible but didn't claim the credit due to lack of knowledge, so it's essential to have clear and...
  3. J

    Who pays tariffs in international trade?

    I think it's worth noting that tariffs can be paid by either the buyer or the seller in international trade, depending on the terms of the sale agreement. Typically, the seller will absorb the cost of the tariffs but may also pass it on to the buyer. In some cases, the buyer may be responsible...
  4. J

    How to use Apple Pay for payments in stores?

    I've been using Apple Pay for a while now and it's been very convenient for in-store payments. To use it, first you need to set it up on your iPhone by going to settings, then wallets and cards, and adding your debit or credit card information. Once that's done, you can use Apple Pay at checkout...
  5. J

    What is rico law?

    I found the RICO (Racketeer Influenced and Corrupt Organizations Act) law to be quite complex but interesting, especially in the context of white-collar crimes. The law was enacted to target organized crime but has been applied to various business and accounting practices as well. By defining...
  6. J

    What is due process of law?

    I think it's essential to note that due process of law is a fundamental concept in the US legal system, ensuring that individuals are treated fairly and without prejudice. The process includes notice of charges, a hearing, and the right to counsel. It aims to prevent arbitrary and oppressive...
  7. J

    How important the effects of the market revolution were?

    I completely agree with the OP that the market revolution had a profound impact on American history, particularly in terms of economic and social changes it brought about The shift from a subsistence economy to a market-based one led to the growth of cities, the expansion of trade and commerce...
  8. J

    Why is the waterfall method not as effective as agile?

    I have to disagree with the notion that the Waterfall method is inherently less effective than Agile. While Agile is certainly adaptable and flexible, it often suffers from a lack of clear planning and can lead to scope creep. The Waterfall method, on the other hand, provides a clear roadmap for...
  9. J

    Do checking accounts earn interest?

    I think it's worth noting that checking accounts typically don't earn interest, but some banks may offer special promotions or low-interest rates, usually requiring a minimum balance to be maintained. However, these rates are often lower than what you'd find with savings accounts or certificates...
  10. J

    Can an executive earn 500k per year?

    I think it's quite feasible for an executive to earn 500k per year, especially in high-paying industries like finance, tech, or healthcare. In fact, many CEOs and top-level executives in these sectors often earn multi-million dollar salaries. According to various reports, the median annual...
  11. J

    Is mercari legit

    Yes, Mercari is a legitimate and safe e-commerce marketplace for buying and selling new or used items. It acts as a middleman, holding payments until the buyer confirms the item is as described. While the platform is secure, users should always check seller ratings, read product descriptions...
  12. J

    Does td bank have fraud account alerts?

    TD Bank provides comprehensive fraud alerts to protect its customers. Users can receive automated notifications via text, email, or phone calls if suspicious activity is detected on their accounts. These alerts allow customers to confirm legitimate transactions or report fraudulent ones...
  13. J

    What is fixed maturity plan?

    A Fixed Maturity Plan (FMP) is a closed-ended debt mutual fund with a fixed lock-in period, usually matching the maturity of the underlying bonds. It aims to provide steady returns by investing in high-quality credit instruments like commercial papers and certificates of deposit. FMPs are...
  14. J

    World Chartered Accountants

    "World Chartered Accountants" typically refers to the global network of accounting professionals belonging to various national institutes. Organizations like the IFAC (International Federation of Accountants) work to align these professionals under global standards. Chartered Accountants are...
  15. J

    Who can do NYC PTET payments?

    NYC PTET (Pass-Through Entity Tax) payments are typically made by eligible partnerships or New York S corporations that have elected to participate in the program. This allows the entity to pay tax at the entity level, providing a tax benefit to individual partners or shareholders. Tax...
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