only that his conduct was a “substantial causal factor.” They also had to prove his actions were unreasonable, because Chauvin was authorized to use force as a police officer, as long as that force would be c
An example of a hard inquiry is when you apply for a credit card or a loan and the lender does a thorough review of your credit report to gauge your creditworthiness. A hard inquiry can lower your score up to five points. If you're on the edge between fair and good credit, multiple...
In the US, most people pay their most significant income tax bill to the federal government through the Internal Revenue Service. An excise tax is an indirect tax added to the cost of a good or service before it reaches the consumer, and is not based on the consumer’s income. What are...
It isn’t common, but there are times when your Social Security payment could be delayed. Maryalene LaPonsieApril 30, 2025 401(k) Rollover: Is an Annuity Right? Annuities offer protection, but your 401(k) already gives you tax advantages without the fees and complexity. ...
Thepetty cashbook may be considered to be a fourth type of cash book. This option is used to record daily petty cash transactions. Examples of Cash Book Entries Let's follow two hypothetical businesses through a week of transactions to understand how cash books might work. We'll examine both...
Missing a credit card payment, having an overdue medical bill, or failing to pay another type of debt can cause the debt to become delinquent. Being delinquent or otherwise defaulting on a debt doesn’t happen overnight—you’re afforded a defined grace period to make the required payment. ...
A budget is a microeconomic concept that reveals the trade-off made when one good is exchanged for another. In terms of the bottom line—or the end result of this trade-off—asurplus budgetmeans profits are anticipated, abalanced budgetmeans revenues are expected to equal expenses, and adefici...
A bill refers to a document of sale wherein customers pay immediately. Customers may also use the term “bill” to describe a request for payment from their vendor. Bills are often less detailed than invoices and require immediate attention. ...
What’s a utilization ratio or debt-to-credit ratio? According toEquifax, your debt-to-credit ratio, also known as your utilization ratio, is the amount of your debt compared to your credit limit.5Your debt-to-credit ratio is important because if your ratio is high, it can indicate that...
How to Find a Reputable Tax Preparer Locate an experienced tax preparer by asking around, establishing a relationship and avoiding common scams. Liz KnuevenApril 1, 2025 Do You Owe Taxes on Forgiven Debt? Learn when forgiven debt is considered taxable income and what you can do to ...