Misuse of funds is costly for state ; Officials try to sort out what went wrong in the overpayment of federal funds for migrant students.PAUL CARRIER Staff Writer
What are Cleared Funds? What is Direct Deposit? Discussion Comments ByBuster29— On Jan 02, 2015 This situation doesn't come up nearly as often these days, but I remember when my clients used to send out-of-state checks as payment for my services back in the 80s. Depending on the bank...
Liquidity ratios are designed to assess a company’s ability to pay its short-term debt obligations. The current ratio compares current assets to current liabilities, while the quick ratio strips inventories from the asset base. The cash ratio compares cash, cash equivalents, and marketable securiti...
I had no idea there were any kind of federal regulations about when funds are supposed to clear. To be honest, I feel like banks kind of just make it up as they go along! For instance, my bank has different rules for when funds clear if they're a check from in state, out of ...
Often called municipal funds, tax-exempt funds are unique from prime and government or treasury bonds because the money you earn is free from U.S. federal income tax (and in some cases, from state taxes as well). These funds are usually invested in municipal bonds that raise money for loc...
However, the income from funds that invest in municipal bonds may be exempt from federal, and in some cases, state taxes. Investors who own mutual funds that are held within a taxable account (unlike a tax-advantaged account, such as an IRA, HSA, 401(k)) may be may be subject to ...
State governments functions such as transportation management, budgets and public safety. Although federal and state governments may share some powers, states are solely responsible for a number of duties. According to the 10th Amendment to the United States Constitution, state governments are ...
Do Bail Funds Matter in States With $0 Bail? While $0 bail for misdemeanors and lower-level felonies is in place in some states due to thecoronavirus emergency, this won’t be the case forever. That’s already happening in California, where the state’s judicial council recently lifted the...
company pensions, wages, insurance policy funds, securities accounts, and more. After a certain number of years, unclaimed funds are turned over to the unclaimed property office in the state in which they are located.
There used to be more monopolistic states, but some states decided to allow additional parties to sell insurance after their funds experienced financialinsolvency. These are known as competitive funds and they operate strictly for profit. In 1999, Nevada, which was previously a monopolistic state, b...