Author: Anfisa Dmitrieva

A vehicle that has been declared a total loss typically has some salvage value. The insurer usually retains the damaged auto as salvage and pays the vehicle owner the vehicle’s ACV….

Work in progress, also referred to as WIP, is a term used in supply chain management to describe the costs of unfinished goods in the manufacturing process. Work-in-progress, as mentioned above, is sometimes used to refer toassetsthat require a consi…

Tax rates and withholding tables apply separately at the federal, most state, and some local levels. The amount to be withheld is based on both the amount wages paid on any paycheck and the period covered by the paycheck. Federal and some state withh…

Leasehold improvements have different depreciation rules depending on whether you are working with U.S. tax basis financial reporting or the U.S. generally accepted accounting principles (GAAP) financial reporting. For tax purposes, leasehold improve…

The first step in finding the reciprocal of a number is to make it into a fraction. For example, the whole number 8 can be made into the fraction 8/1. Once you have a fraction to work with, just flip the fraction upside down to find the reciprocal. T…

The income statement is one of the financial statements of an entity that reports three main financial information of an entity for a specific period of time. Those information included revenues, expenses, and profit or loss for the period of time….

Using a 301 redirect is also a better solution than deleting the page completely because it will pass the link equity to page A. However, with a 301, page no. 2 will pretty much get deindexed so no page will be ranking for keyword no. 2 anymore….

Unexplained deposits can be considered taxable income if you can’t prove the nontaxable source, such as a gift or nontaxable sale of assets. Be prepared with an answer to these inevitable questions….