education
How do you calculate the present value of a lease?
Conclusively, the present value of the minimum lease payment is simply the sum of all of the lease payments that are to be made in the future, in today’s ...
Read Journal Category
Education
education
Can I lie about why I want a loan?
Lying on a Loan Application Is Illegal When a borrower signs the credit agreement, it shows the repayment terms. In the same way, using that logic (and la...
Read Journal
education
How does New York tax non residents?
As a nonresident, you only pay tax on New York source income, which includes earnings from work performed in New York State, and income from real property...
Read Journal
education
How do you qualify for the Michigan homestead property tax credit?
Taxpayers can claim a Homestead Property Tax Credit if ALL the following criteria apply: Your homestead is in Michigan. You were a resident of Michigan fo...
Read Journal
education
Do human rights depend on culture?
Do human rights depend on culture? International human rights are universally recognized regardless of cultural differences, but their practical implement...
Read Journal
education
Will I be responsible for my husbands debt?
Usually, a person is responsible only for his or her own debts. So if you did not sign the contract or loan agreement for your spouse’s debt, you usually ...
Read Journal
education
What happens when real estate is sold in a s Corp?
This means when the real estate of an S Corp. is later sold, its basis is the original cost. This shifting in basis step up from the real estate to the S ...
Read Journal
education
Do you own the car after HP?
A Hire Purchase (HP) finance agreement works by providing a loan that equals the total value of your new used car, minus the amount of your initial deposi...
Read Journal
education
What is the journal entry for interest earned?
Interest receivable is the amount of interest that has been earned, but which has not yet been received in cash. The usual journal entry used to record th...
Read Journal
education
What is IR56B?
IR56B (namely Employer’s Return of Remuneration & Pensions) is the form you have to submit to the IRD, within 1 month from the date of issue of BIR56A...
Read Journal