Accounting

A tax haven is a place where certain taxes are levied at a low rate or not at all e.g. Seychelles tax for an offshore company is zero. This encourages wealthy individuals and/or firms to establish themselves in areas that would otherwise be overlooked. Different jurisdictions tend to be havens […]

With the hot new buzz about data management systems, you would have thought that they are a very recent invention. In fact, that is not true at all. Simple electromagnetic databases have existed even in the earliest electronic computers. In fact, it is hard for any computer to operate without […]

Number 8 is going to sound crazy at first. Stay with me and think about it. I am saying the reason your relationships don’t work or you get mediocre at best is because you have never been trained to be in a relationship. Yes, I said that. Think about it. […]

Home equity loans are always a way out for home owners to access cash whenever they need it. These loans are obtainable from all banks and many money lending agencies both in the high streets and online. They are secured against the home so it is not difficult to qualify […]

In most homes, paper causes clutter. And it seems to mysteriously multiply by itself. But just how long do you need to keep all those receipts, bank and credit card statements and other financial papers? Below is a handy In most homes, paper causes clutter. And it seems to mysteriously […]

Buying real estate in New York City can be, OK, it IS a major hassle. You have a whole bunch of different brokerages, most of which you’ve NEVER heard of if you don’t live in the area, compounded by school zones, co-op boards, tax abatements and assessments that folks living in […]

In the language of accounting, the left-hand side of an account is called the debit side. Thus, an account with left-hand entries greater in total than the right-hand entries is said to have a debit balance. The following accounts normally have debit balances: (a) Accounts Receivable (b)Cash (c) Fixed Assets […]

The accounting records of many smaller non-profit organisations such as clubs, cultural societies and small undertakings are often kept by means of a single entry accounting system. Nevertheless, details of the financial activities of such organisations and undertakings are available in different documents such as bank statements, invoices, accounts, wage […]