It's also important to understand different liability exposure for companies in different industries. For example, REITs (real estate investment trusts) use a lot more debt thansoftware companies. But they use that bigger debt for good reason. A 20-year-old apartment building is probably worth ...
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To find out who owns an LLC or a Corporation you can usually look on the Secretary of State website (for the specific state of domicile) and do a corporation "search" where you will enter the company name you are interested in. This will usually show you who the registered agent of th...
Here’s everything you need to know about what a mutual fund is, how it works, and why they could be your most valuable tool for long-term investing.
If the company's debts are greater than the value of the company's assets, a creditor can go after the partner's personal property, such as their personal bank accounts, other investments, cars, and real estate. A central purpose of both an LLC and an LP is to limit the owners' perso...
The IRS Form 1040 is one of the official documents that U.S. taxpayers can use to file their annual income tax return. IRS Form 1040 comes in a few variations. There have been a few recent changes to the federal form 1040. We’ll review the differences a
The endpoint side of FortiClient needs improvement, specifically the agent-based endpoint, which requires enhancements in detection and additional featu...
“In order to make decisions throughout the year, a board should be utilizing monthly financial statements prepared by a managing company or an in-house accountant,” says Marie D. Mirra, CPA and Managing Partner of Mirra & Associates, LLC in New Jersey. “Included in those statements would...
Real estate Jewelry Any other items of value Most assets that are subject to probate administration come under the supervision of the probate court in the place where the decedent lived at death. The exception isreal estate, which may need to be probated in the county in which it is located...
while creating subsidiaries for each of its business lines. For example, one subsidiary may own the parent corporation’s brand name and trademarks, while another subsidiary may own its real estate.