Category: Finance

April 7, 2021

What Is an Entity Trading Account? An entity trading account is a dedicated account type belonging to a legal entity such as a corporation or limited partnership. There are certain advantages to entity trading accounts over individual trading accounts, such […]

April 6, 2021

NEW DELHI: The government has amended the Insolvency & Bankruptcy Code to provide for prepackaged resolution framework for micro, small and medium enterprises (MSMEs) through promulgation of an ordinance. The alternative insolvency resolution framework is expected to bring about a […]

April 1, 2021

A corporate litigant disputing the legal bill charged by Squire Patton Boggs has filed a third-party complaint alleging that LexisNexis helped the law firm inflate its fees. Law.com has the story on the March 24 lawsuit, filed by the Armor […]

March 31, 2021

COVID-19 has resulted in many businesses falling into debt and bankruptcy. What lessons have been learnt here for creditors and debt collectors? COVID-19 has given everyone a better appreciation of certain fundamental institutions and industries that deserve priority treatment. Some, […]

March 30, 2021

WASHINGTON—The next big chunk of stimulus payments—for Social Security beneficiaries—should reach bank accounts by next week, the Treasury Department said on Tuesday. The payments of up to $1,400 per person come from the $1.9 trillion law signed by President Biden […]

March 5, 2021

Earlier this week, New York Attorney General Letitia James issued a press release announcing that the State and City of New York recovered $105 million dollars in owed taxes and damages under New York’s false claims act tax fraud statute […]

February 26, 2021

Paychex Flex and QuickBooks Payroll are both cloud-based payroll systems designed to help you securely process employee and contractor payments. Both offer multiple pay options, access to health insurance benefits, and an employee self-service tool for viewing pay stubs, paid […]

February 24, 2021

Within a 24 hour period, the Mississippi House of Representatives introduced and passed a bill to repeal the individual income tax, but at a cost of massive increases in sales taxes imposed on business inputs. H.B. 1439 would phase out […]

February 12, 2021

Kansas law requires employers to maintain workers’ compensation insurance if they have at least $20,000 in payroll a year. This no-fault insurance protects employees who get injured while performing work-related duties. In Kansas, workers’ compensation insurance costs an average of […]

February 10, 2021

The newly minted Biden administration is expected to reverse course on a series of Trump-era rules, including from the U.S. Securities and Exchange Commission. The nomination of former Commodity Futures Trading Commission Chairman Gary Gensler to serve as the next […]