To calculate liabilities, first, you need to know what liabilities you have. Some common examples are accounts payable (money you owe to suppliers), salaries and wages payable, and customer retainers and deposits. Other business liabilities you may have include: ...
How to calculate the amount of liability insurance you need Everyone has different insurance needs, but some general guidelines can help you determinehow much coverage you may need. Understand your state’s insurance laws The minimum coverage needed to put your car on the road depends on your st...
How to Calculate Insurance Premiums Insurance companies consider several factors when calculating an individual's insurance premiums. Group insurance providers will also look at these factors when theycalculate the premium for a group. Investopedia / Ellen Lindner Your age: Insurance companies look at yo...
Small businesses may find themselves unable to absorb the cost of back pay to wrongfully terminated employees because their revenues are not as high as large corporations. One way to protect against this risk is to add an employment practices liability insurance endorsement to theirbusiness owner pol...
Labor burden consists of those items (PICA, FUTA, SUTA, workers' compensation insurance WCI, general liability insurance GLI, etc.) that can be directly correlated to office and field payroll and which vary in direct proportion to it. The labor burdenaded to field labor is a direct cost. ...
Calculate your monthly premium cost. For example, if you purchase 12 months of insurance, divide your lump sum payment by 12 to determine the cost of one month’s insurance premium. For example, if you spend $1,200 for the 12-month policy, your monthly cost is $100. ...
The first step to calculating payroll taxes is to begin with gross pay for a pay period, then to calculate the federal income tax withholding, other payroll taxes (FICA), deductions (health insurance, etc.), until you reach the net pay for that period. ...
Get every dollar of insurance money you deserve after a car accident. See the types of damages you can claim and how to calculate your payout.Written by Charles R. Gueli, Esq. Email Print The amount of car accident compensation you receive depends on several factors. Medical expenses hav...
How to calculate the required minimum distribution You need to calculate the required minimum distribution for each retirement account individually. You can make the total withdrawal from one account, however, or a combination of accounts.
How to Calculate and Adjust Your Tax Withholding So how do you figure out exactly how much you should be withholding from your paycheck so you don’t owe Uncle Sam a bunch of money or get a big refund? Good question! There are two simple ways to figure it out: ...