Social security taxes are mandated by the Federal Insurance Contributions Act (FICA) or a self-employment tax mandated by the Self-Employed Contributions Act (SECA). W2 employees are entitled to certain benefits and protections under US law. They’re paid a salary that stays the same no matter how many hours they work or what they do. Their …
It is a good idea to check with the responsible jurisdiction prior to currency translation to ensure you use the correct rates. Instead of simply checking the current exchange rate when translating currencies, you might sometimes need to use different rates either for a specific period or even for a specific date. Banks and traditional …
Forward Exchange Contract FEC: Definition, Formula & Example Read More »
Since they represent a company’s remainder of earnings not paid out in dividends, they are often referred to as retained surplus. The statement of retained earnings is also known as a statement of owner’s equity, an equity statement, or a statement of shareholders’ equity. Boilerplate templates of the statement of retained earnings can be found online. It is …
Stockholders Equity Balance Sheet Guide, Examples, Calculation Read More »
You cannot use Check Your Refund Status to check the status of a payment. If the line on your return where you request a refund amount is blank or you entered zero, you have not requested a refund and cannot use our Check Your Refund Status tool. You cannot use Check Your Refund Status to …
Retained earnings are the part of a company’s profits that it keeps for reinvestment after dividends and other distributions are paid to investors. Total liabilities consist of current liabilities and long-term liabilities. Current liabilities are debts that are due for repayment within one year, such as accounts payable and taxes payable. Long-term liabilities are obligations …
www.SheaRay.com
© copyright2022, all rights reserved
info@shearay.com