General – Page 14 – itho's internet resources

What Is a Dormant Account? Definition, Process & Examples

By Itho October 27, 2008

[ad_1] What Is a Dormant Account? Dormant accounts are financial deposits with no recent activity, often forgotten by owners. They can become state-held property after a specific dormancy period but…

What Is a Disbursement?

By Itho October 24, 2008

[ad_1] What Is a Disbursement? A disbursement is a payment to an individual or entity from a private or public fund. It may also be a payment made on behalf…

Who Needs It and How to Get It

By Itho September 30, 2008

[ad_1] What Is an Employer Identification Number (EIN)? The term "employer identification number" (EIN) refers to a unique identifier that is assigned to a business entity. It's provided to a…

Understanding Back-to-Back Letters of Credit in International Trade

By Itho September 29, 2008

[ad_1] What Are Back-to-Back Letters of Credit? Back-to-back letters of credit play a crucial role in international trade by using two separate letters of credit to facilitate transactions involving an…

Understanding Business Expenses and Which Are Tax Deductible

By Itho June 23, 2008

[ad_1] What Are Business Expenses? Business expenses are costs incurred in the ordinary course of business. They are subtracted from revenue to arrive at a company’s taxable net income. Business…

Definition and 3 Main Types

By Itho June 23, 2008

[ad_1] What Are Business Activities? Business activities refer to all actions a business undertakes with the primary aim of generating profit. This general term encompasses all the economic activities carried…