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Bank check (cashiers check) is a bank guaranteed and issued check that is more secure compared to a personal one. It is normally used in...

A blue-collar job typically concerns manual or skilled work, such as construction, manufacturing or mechanics, whereas white-collar jobs...

Compliance program assists businesses to adhere to laws, regulation, and ethical conduct and minimize the chances of legal suits or fines.

LLP is flexible in management and the taxes available are pass-through, whereas Corporation (Inc) is stricter in nature, it may have to...

Steel pennies (1943) are not extremely uncommon as hundreds of millions of such coins had been produced, however, they can be collected...

Operating Cash Flow (OCF) is computed as: Net Income + Non-Cash Expenses (such as depreciation) + Changes in Working Capital - it...

Taxes pay for vital public services, stabilize the economy, and enable governments to fund housing, education, and health care. Absent...

Begin calculating payroll taxes by taking the gross pay. Next, minus the federal and state income tax, Social Security (6.2%), Medicare...

A sweep account automatically moves excess cash into higher-interest accounts or investments to earn more. For tax documents, keep...

CFO salaries typically range from $150K–$400K in small to mid-sized companies and can exceed $1M in large corporations, with...

Yes, capital gains count as income, but they’re taxed separately from regular salary. The tax rate depends on whether they’re short-term...

The World Bank gives loans and support to developing countries to reduce poverty and boost growth. It mainly funds projects like roads...

Business days usually mean Monday through Friday, excluding weekends and public holidays. They’re the standard working days when most...

Revenue simply means the total money a business earns from selling goods or services before any expenses are deducted. It’s often called...

Personal finance is about handling your money wisely to cover today’s needs and prepare for the future. It involves budgeting, saving...