What Is the EDRM? Exploring the 9 Phases of the Electronic Discovery Reference Model If you’ve ever had to handle electronically stored information (ESI) in preparation for legal proceedings, you’ve likely heard of the Electronic Discovery Reference Model (EDRM). ...
Independent contractors and others who receive income from sources other than an employer can expect to receive a 1099 instead of a W-2. So, what is a 1099, and how do you use it to file your taxes? Here's everything you need to know about Form 1099, inc
A legal release is an agreement in which a party releases liability, interest, or obligations, depending on the nature of the...
A common objection to investing in an immediate annuity is the loss of liquidity. The idea of laying out a substantial amount of capital and not being able to access it again, spooks some annuity buyers.Many insurance companies that issue immediate annuities have come up with a way to ...
Tax Schedule E is used for reporting rental income, royalties, or income from partnerships and S corporations. If you earn income from these sources, you’ll likely need to complete Schedule E along with your tax return. Learn how to use this form to rep
Since legally binding documents protect parties in the event of a lawsuit. It is important to store the document in a safe place. If these documents are lost, damaged, or destroyed, they may become hard to enforce. To avoid this issue, consider storing the document in a safe, a safety ...
In many legal jurisdictions when equity shares are issued they are recorded at a nominal value, with the excess consideration received recorded in a share premium account and the issue costs being written off against the share premium. Example 1: Accounting for t...
A legal hold or litigation hold is the process by organizations use to preserve potentially relevant information when litigation is reasonably anticipated.
Courts in some circumstances will also issue a legal decision known as a. This is a legal judgment issued in anticipation of trial, but it usually precedes trial: courts write declaratory judgments to settle rights or establish how the law would apply to a certain set of facts, if tried. ...
Life insurance is a legal contract between you and an insurance company. When you die, it provides a tax-free financial payout to beneficiaries of your choosing. In exchange, you make regular premium payments to your insurer for as long as the policy is active. ...