Definition: An owner’s equity is typically explained in terms of the percentage amount of stock a person has ownership interest in the company. The owners of the stock are commonly referred to as the shareholders.
WASHINGTON, D.C. –Tax filing season began Tuesday, with a warning from the IRS. The scam calls start with a threat from someone claiming to be from the IRS demanding money. “You need to pay just $1,989.44,” a voice on the phone says. https://www.cbsnews.com/news/tax-season-kicks-off-with-irs-phone-scam-warning/Details
If you are self-employed and use your personal vehicle for business, you can take a tax deduction for your car insurance. For example, an independent sales professional who travels for work can take the deduction. However, only the actual mileage used for business travel is deductible. In other words, if you drive a vehicle 15,000…Details
FASB affirmed narrow-scope changes and practical expedients to its revenue recognition standard this week on issues including collectibility, contract modifications, and completed contracts at transition. – See more at: https://www.journalofaccountancy.com/news/2016/feb/fasb-affirms-revenue-recognition-changes-201613881.html#sthash.uQeKP0dA.dpuf Start Reading NowDetails
The 25 Highest-Earning Hedge Fund Managers And Traders The rich hedge fund industry has a new king. Ken Griffin tops Forbes’ list of the highest-earning hedge fund managers and traders, personally making $1.7 billion in 2015. At 47, Griffin for the first time in his 26-year career earned more than each of the older titans…Details
Ryan Hinkle, managing director at Insight Venture Partners, describes the advice he got from business magnate Warren Buffett when it comes to investing for the first time. CLICK HERE TO VIEWDetails