How to Get Your Gross Profit Rate and Why It Matters
Discover how to calculate your gross profit rate and what this vital metric reveals about your business’s core financial health and efficiency.
Investment and Financial Markets
Can I Transfer a Life Insurance Policy?
Yes, you can transfer a life insurance policy. Explore the essential steps, requirements, and tax impacts of changing policy ownership.
Is Rent Paid in Advance or Arrears?
Understand how rent payments are typically structured. Learn the common timing for residential and commercial leases and why this standard exists.
How Much Should You Spend on a Car?
Navigate car affordability to make a financially informed decision aligned with your personal budget and goals.
Is Marketing Considered an Operating Expense?
Demystify the accounting of marketing costs. Explore their classification and presentation within a company’s financial statements.
How to List Your DBA on Business Checks
Understand the essential steps for managing business checks when operating under a “Doing Business As” (DBA) name.
What Does CO 45 Mean on an EOB?
Understand CO 45 on your EOB. Learn what this common insurance code means for your medical billing and financial responsibility.
What Are Housing Costs? Beyond Just Your Mortgage or Rent
Gain a complete understanding of housing costs. Explore all the financial commitments, beyond just your monthly mortgage or rent payment.
How to Find Beginning Merchandise Inventory
Discover reliable methods to pinpoint your beginning merchandise inventory, crucial for accurate financial statements and cost of goods sold.
Is Cost of Goods Sold an Asset or a Liability?
Resolve common accounting confusion about Cost of Goods Sold. Learn its true nature as an expense, not an asset or liability.
What Is Considered Unreported Income?
Gain clarity on what constitutes taxable income and your reporting duties to the IRS, covering all sources.
What Happens When Stock Options Expire?
Understand the financial implications and outcomes when your stock options reach their expiration date.
What Is a Postdated Check & How Do They Work?
Get a comprehensive guide to postdated checks. Understand their core principles, how they operate within the banking system, and practical considerations.
What Does $1 Million in Cash Look Like?
Discover the surprising physical reality of $1 million in cash. Explore its true size, weight, and how it compares to everyday objects.
How to Keep Your Car From Being Repossessed
Navigate car loan challenges with expert guidance. Learn proactive strategies to prevent repossession and secure your vehicle’s future.
What Does a Triple Net (NNN) Lease Cover?
Understand the comprehensive financial structure of a Triple Net (NNN) lease. Clarify tenant and landlord responsibilities in commercial property agreements.
Does Insurance Pay for Braces? What You Need to Know
Unravel the complexities of insurance coverage for braces. Learn how to understand your policy and manage orthodontic treatment costs effectively.
How Long Does an Insurance Investigation Take?
Discover how long insurance investigations typically take. Learn about the process and key factors influencing claim resolution times.
What Is CPT Code 90837 and When Should You Use It?
Demystify CPT Code 90837. Learn its precise application, usage criteria, and critical documentation for accurate psychotherapy billing and compliance.
What Happens If You Get Audited by the IRS?
Understand the IRS audit process. Learn what to expect and how to navigate each phase, from initial contact to resolution.